Pennsylvania
First Bank To Expand in New Jersey and Pennsylvania
Image via First Bank, Facebook.
First Bank will open new branches in New Jersey and Pennsylvania this fall, aiming to offer better convenience and service.

First Bank plans to open new branches in New Jersey and Pennsylvania this fall, with a focus on providing enhanced convenience and exceptional service to retirees, families, small businesses, and entrepreneurs.
The new branches in Trenton, N.J., and Media, Pa. reinforce the community bank’s commitment to its neighborhoods by expanding access across its footprint. First Bank’s tagline, “Personal Bankers. Real Relationships,” reflects the thoughtful approach that guides every customer interaction.
“We at First Bank are excited to expand our quality banking services throughout our footprint,” said Patrick L. Ryan, President and CEO. “Our focus is on providing personalized banking and genuine relationships our customers can trust. By listening closely, asking the right questions, and offering tailored solutions, we prioritize solving problems, not selling products. Our clients have direct access to top decision-makers, and our market executives are empowered to build meaningful, lasting relationships. This is what defines us as a true community bank.”
Ryan says both locations were chosen because they are central to their respective counties. For instance, Media is the county seat of Delaware County and fits perfectly with the bank’s strategy of establishing branches in vital central locations. He says the Media branch will be located at 22 West State Street and will lay the groundwork for further expansion throughout Pennsylvania’s southeastern corridor.
The other new branch will be strategically located in Trenton, the county seat of Mercer County, right next to First Bank’s headquarters in Hamilton. This branch, located at 101 S. Warren Street will bolster First Bank’s presence in New Jersey’s capital. According to Ryan, this expansion deepens the bank’s community connections and broadens its reach across the state.
“As a community bank, we are dedicated to meeting the diverse financial needs of the communities we serve, supporting small business success, engaging in community service through volunteer efforts, and adopting environmentally responsible practices,” Ryan stated.
Expanding Services for Local Business Owners
First Bank is expanding its services to better support entrepreneurs by enhancing resources for small businesses and lower-middle market commercial entities, covering the entire business life cycle. The bank recently launched a new specialty financing group that provides asset-based lending, enabling business owners and entrepreneurs to convert illiquid assets into additional capital.
Supporting entrepreneurs has always been integral to First Bank’s history. In late 2008, Ryan led an investment group that recapitalized First Bank with $20 million, driven by a clear vision: to establish a community bank that delivers best-in-class services and capital access for business owners and entrepreneurs across the New York City to Philadelphia corridor. Today, First Bank boasts $3.62 billion in assets, as reflected in its most recent quarterly filing.
Ryan was recently honored with the Live United Corporate Award by the United Way of Greater Mercer County. He was also awarded EY’s Entrepreneur of the Year 2022 New Jersey Award.
Learn more at First Bank. First Bank is a New Jersey state-chartered bank with 26 full-service branches throughout New Jersey in Burlington, Gloucester, Hunterdon, Mercer, Middlesex, Somerset, and Morris counties, as well as in Bucks and Chester counties in Pennsylvania and in Palm Beach, Florida.
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Pennsylvania
What the war with Iran could mean for gas prices in western Pennsylvania
The war with Iran could start impacting your wallet as soon as today.
Jim Garrity from AAA East Central says oil prices are up.
“They’re hovering around $72. They were pretty consistently around $65, $66 for a while,” he said.
Nationally, AAA said the average for a gallon of regular sits at about $3, up approximately six cents from last week.
In Pennsylvania, it’s around $3.12 a gallon, and in the Pittsburgh region, it’s around $3.24 a gallon. That’s actually down about four cents from last week.
Garrity added that gas prices this time of year would already be increasing, usually because of higher demand for the warmer months and the production of the summer blend of gas used for those months.
The impacts of what’s happening in Iran may not be immediate, which could be part of why our region and the state overall have not seen a spike yet, he said.
“It could be a couple of days later. It could be up to a week later,” Garrity said.
A lot of people are watching what happens with the Strait of Hormuz. Iran borders it to the north, and 20% of the world’s oil goes through it.
Iran is one of the world’s biggest oil producers, and China gets a lot of that oil.
“If there is an impact there, you could see oil start to come in from other parts of the world, which has a downstream effect on [the United States],” Garrity said.
One way you can save on gas if prices increase in our area is by slowing down.
“When you drive faster every five miles, over 50 miles an hour, your fuel efficiency is going down,” Garrity said. “You’re making the car work harder, making the gasoline consumption less effective.”
Garrity added that in 2022, when our area and many others saw some of the highest gas prices ever recorded, people changed their driving habits.
“We saw people make seemingly permanent changes to their driving behaviors, driving less in general, consolidating trips,” he said.
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