First Priority Financial Corp. Reports a 16% Increase in Second Quarter 2016 Net Income And 79% increase in Income to Common Shareholders Vs. Second Quarter 2015.
Malvern, Pa., July 21, 2016 – First Priority Financial Corp. (“First Priority” or the “Company”), parent of First Priority Bank, today reported a 16% increase in net income and a 79% increase in income available to common shareholders for the quarter ended June 30, 2016 versus the second quarter of 2015.
Click here to download the earnings report in PDF format
GVRCC 's long term involvement with this project proved to be worthwhile:
Traffic Relief Arrives as Pa. Turnpike Unveils Route 29 All-Electronic Interchange
Governor Tom Corbett cuts ribbon to open the $60 million, E-ZPass-Only exit.
Governor Tom Corbett joined Pennsylvania Turnpike Commissioners today to celebrate
the opening of a new, All-Electronic Interchange linking State Route 29 with the
mainline Turnpike (Interstate 76) in Chester County. They were joined by federal,
state and local elected officials and area business executives at a ribbon
cutting ceremony on the site of the new Atwater Drive on-ramp in East Whiteland
Township.The link - the first four-way interchange to be constructed on the
mainline Turnpike in decades - is solely for use by E-ZPass customers, who make
up two-thirds of Turnpike users Southeastern Pennsylvania.
Construction for the $50 million project was begun in March 2011.
"This project shows in concrete, brick and mortar and glass, the connection between transportation
and our economy", said Governor Tom Corbett. "As we make it easier to reach our
places of commerce, those places and the jobs they create will grow. Jobs and
prosperity, after all, are what these projects are about."
Located about midway between the Downingtown and Valley Forge interchanges, the
Route 29 Interchange is designated as Interchange #320. The 14-mile section of Turnpike
between Downingtown and Valley Forge is the heaviest traveled of any four-lane section
on the east-west Turnpike mainline, carrying 50,000 vehicles per day, on average.