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Noteworthy Business Brief for Sept. 28


Penn Community Bank announced that SVP/Commercial & Industrial Lending Team Leader James Li has been named a Future Under 40 Award winner by the Pennsylvania Bankers Association (PA Bankers).

The award honors banking industry leaders age 40 years and younger, who have made a tremendous impact on their institution, the community and the industry.

“We’re so proud of James for being recognized for this impact he has on his community and our customers,” said Lewis Cyr, chief lending officer at Penn Community Bank. “James’ commitment to teamwork, relationship building, and community-first banking is seen by our team every day, and we are grateful it is being recognized by such a distinguished organization representing the industry across the commonwealth.”

Li has been in banking since 2007 and joined Penn Community Bank in 2010, where he now leads a team focused on commercial and industrial lending in Bucks and Montgomery counties.

Fox Rothschild congratulates Elizabeth D. Sigety, who was selected as a Philadelphia Dealmaker Award recipient by the Smart Business Network, which recognizes exceptional individuals across various industries who are “shaping the landscape of business and innovation in the City of Brotherly Love.”

In addition to being an attorney and partner at Fox Rothschild, based in the Warrington office, Sigety serves as co-founder and managing director of the Delaware Crossing Investor Group, a network of angel investors that has been investing in early-stage companies since 2005. Smart Business Network cited her for “actively engaging in more than 20 rounds of investment in early-stage companies within the last 24 months.”

Sigety is co-chair of Fox Rothschild’s national Emerging Companies & Venture Capital practice. Smart Business Network lauded her “commitment to fostering innovation and entrepreneurial success” and “her pivotal role in the ever-evolving landscape of venture capital and emerging businesses.”

Great Place to Work and Fortune magazine have recognized Wesley Enhanced Living as one of the 2023 Best Workplaces in Aging Services.

It is Wesley Enhanced Living’s fifth time being named to this national list. The organization is the only Pennsylvania-based company on the list, ranking fifth place out of the top 25.

The Best Workplaces in Aging Services award is based on analysis of survey responses from more than 140,000 employees from Great Place to Work-Certified companies in the aging services industry. In that survey, 87% of Wesley Enhanced Living’s employees said the company is a great place to work. This number is 30% higher than the average U.S. company.

Companies were only considered if they are a Great Place to Work-Certified organization.

Great Place to Work selects winners based on how fairly employees are treated. Companies are assessed on how well they are creating a great employee experience that cuts across race, gender, age, disability status, or any aspect of who employees are or what their role is.

Wesley Enhanced Living serves approximately 1,200 residents with over 1,100 employees and six locations – including Doylestown – throughout Pennsylvania.

C&N Wealth Management (Citizens & Northern Corporation), announces the appointment of Jim Foote, CRPS, to its Wealth Management Team as Retirement Plan Services Department manager. With over three decades of experience specializing in corporate retirement plans, Foote brings a wealth of expertise and a track record of success to C&N.

Throughout his career, Foote has seamlessly transitioned more than 1,200 retirement plans. His approach is characterized by a commitment to enhancing plan efficiency, streamlining administration processes, and tailoring retirement solutions to meet individual needs. He understands the intricate components that comprise retirement planning, allowing him to optimize solutions for both businesses and their employees.

Prior to joining C&N Wealth Management, Foote held key roles at companies including Stonebridge Financial Group, RetireWell Administrators, Inc., One America and The Copeland Companies.

Jim Foote is an alumnus of the University of Dayton, holding a bachelor’s degree in business management and marketing.