Family First

Supporting Tradition in Business

Deeply rooted in tradition, The Greater Philadelphia Chamber of Commerce (GPCC) and Firstrust Bank understand the importance of family businesses in the region. Heritage, history and the entrepreneurial spirit are the foundations of family businesses in the Greater Philadelphia business community.

Back in 1934, these were the cornerstones of Samuel A. Green’s vision as he created Firstrust Bank in South Philadelphia. The bank established its reputation as one of strength, service and stability; always looking to help community business leaders take their next step. Today, Firstrust Bank continues this tradition. To help and honor these businesses, Firstrust Bank has partnered with the GPCC to present “Family First”, a unique initiative that will support and nurture the development and growth of family businesses throughout the region. This network is aimed at cultivating new opportunities for businesses to address their needs and learn from their colleagues.

FAMILY BUSINESSES

  • Comprise 80 to 90 percent of all business enterprises in the United States
  • Represent 50 percent of the United States' gross domestic product, 60 percent of employment, and 78 percent of new job creation
  • More than 90 percent of all business enterprises in the U.S. are family owned; nearly 35 percent of Fortune 500 companies are family firms

To find out how to participate in our Family First initiative, call us at 800-220-BANK (2265) for more information.

 
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