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In 1956, the bank acquired Farmers National Bank of Bucks County and Roosevelt Bank [12] In April 1967, the bank was renamed The Fidelity Bank. In 1970, the bank's headquarters moved to 1200 East Lancaster Avenue in Rosemont, Pennsylvania. [2] From 1971 to 1978, the bank's president was Samuel H. Ballam Jr. (1919-2003), a 42-year employee of ...
The bank acquired Edmond Bank & Trust in 2006 and Western Security Bank in 2007. [9] [10] [11] In 2010, First Fidelity Bank acquired $80 million in deposits from Home National Bank in Arizona. [12] In 2013, First Fidelity Bank acquired Sunrise Bank of Arizona, adding its $202.2 million in total assets. [13]
That year, the company adopted the JCPenney style in advertising. [16] and its revenues reached $5 billion (equivalent to $37.6 billion in 2025) for the first time and catalog business made a profit for the first time. [17] JCPenney reached its peak number of stores in 1973, with 2,053 stores, 300 of which were full-line establishments. [17]
Keep in mind that retirement accounts, which include individual retirement accounts, Keogh accounts, and certain employer-sponsored accounts, such as 401(k), 403(b), and thrift savings accounts ...
One Meridian Plaza, formerly known as the Fidelity Mutual Life Building, Three Girard Plaza and Three Mellon Bank Center, was a 38-story high-rise office building in Philadelphia, Pennsylvania, United States. The 492-foot (150-meter) tower was designed by Vincent Kling & Associates and completed in 1972.
JCPenney purchased the building for $55 million in 1977 (equivalent to $216 million in 2023) to serve as its new headquarters. [5] By 1978, JCPenney had moved over 5,000 employees into the building. [6] However, in 1988 JCPenney announced its intentions to move their headquarters to Dallas, leaving the building empty and up for sale.
Roughly half of all Americans over the age of 55 had no retirement savings. Meanwhile, 1-in-4 Americans over the age of 65 were struggling to survive on less than $15,000 a year.
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