Developed in partnership with Esperanza, the new location will bring financial education, community programming and full-service banking to this North Philadelphia neighborhood.

EXTON, Pa., Aug. 11, 2026 /PRNewswire-HISPANIC PR WIRE/ — Citadel Credit Union, a not-for-profit, member-owned financial institution, today announced it has signed a lease for its third Philadelphia branch, located in the Hunting Park section of North Philadelphia. Slated to open in 2027 at 133 W. Hunting Park Ave., the branch will be developed in partnership with Esperanza, one of the nation’s largest Hispanic, faith-based nonprofit organizations and the building’s landlord. The location continues a Philadelphia expansion strategy built around neighborhoods, relationships and long-term community investment.

Like its two Philadelphia predecessors, the Hunting Park branch is designed to be more than a place to bank. It will serve as a space where residents, families and small businesses can access financial services, financial education and meaningful community programming rooted in the neighborhood it serves.

“We’ve always believed the most important thing we can do is show up,” said Bill Brown, president and CEO of Citadel Credit Union. “Not just to open a branch but to genuinely earn a place in a community. Hunting Park has deep roots, proud people and real opportunity. Partnering with Esperanza means we’re not arriving as an outside institution. We’re coming in as neighbors, ready to listen and grow alongside the people we’re here to serve.”

Building on a Philadelphia Commitment
The Hunting Park announcement is the next chapter in Citadel’s expanding Philadelphia presence. After opening its first Philadelphia branch in Overbrook Park in January 2026, the credit union welcomed the community to a grand opening celebration in May, marked by a ribbon-cutting ceremony and block party, attended by elected officials, neighborhood leaders, and residents. A second location, set to open later this year in Cedar Park, at 4900 Baltimore Ave., will bring Citadel’s community-centered model to a well-established West Philadelphia corridor.

Hunting Park extends that footprint into North Philadelphia, where more than 17,000 Citadel members already live, work, and study. Each Philadelphia branch is designed to function as a community hub offering financial resources, space for local partnerships, and programming that strengthens the neighborhoods Citadel calls home.

A Partnership Grounded in 40 Years of Community Work
Esperanza has been transforming Hunting Park for four decades. The organization has invested more than $300 million in community resources, serving approximately 35,000 low-income Philadelphians annually through programs that span housing counseling, workforce development, education, economic development, and the arts. Esperanza treats Hunting Park as an “opportunity community,” a neighborhood of strength and potential at every income level, and has built its work around a bilingual, culturally reflective approach that centers the Latino community and supports families across the district. That shared belief in place-based investment is what drew Citadel to the partnership.

“Trust in Hunting Park is built block by block. That’s what forty years here has taught us,” said Rev. Luis Cortés Jr., founder and CEO of Esperanza. “Citadel showed up ready to invest the same way. This branch gives our neighbors a place to build wealth in their own neighborhood. That’s what real investment looks like.”

More Than a Place to Bank
The branch will offer Citadel’s full range of personal and business banking, mortgage-lending services, and financial counseling. Beyond traditional banking, it will serve as a gathering place for financial education workshops, community events and neighborhood programming.

Philadelphia City Councilmember Quetcy Lozada, who represents the 7th District and is a lifelong resident of the neighborhoods she serves, welcomed the announcement.

“I’ve spent my whole life in this district, and before I was a council member, I spent years working with Esperanza to strengthen it,” said Councilmember Lozada. “I know the difference between a financial institution that shows up and one that’s truly invested. Citadel is coming in alongside Esperanza, with the right intentions and the right partner. Hunting Park deserves that kind of commitment, and I’m proud to welcome them to the 7th District.”

Growing Alongside Philadelphia
The Hunting Park branch is Citadel’s third Philadelphia location, reflecting a deliberate, long-term approach to expanding financial access across the city. The goal isn’t just to open branch doors. It’s to build real relationships in the neighborhoods where those resources are needed most. That’s what it means to grow with the community, not just alongside it.

About Citadel Credit Union
Citadel Credit Union is a not-for-profit, member-owned financial institution providing banking, investment, and insurance services to more than 290,000 members. With approximately $6.9 billion in assets and 25 branches, Citadel is one of the Greater Philadelphia region’s largest credit unions, serving individuals, families, and businesses in southeastern Pennsylvania, with membership eligibility throughout Pennsylvania and neighboring states, including Delaware, New Jersey, New York, Maryland, Ohio, and West Virginia. Headquartered in Exton, PA, Citadel is recognized in Newsweek and Plant-A Insights Group’s 2025 list of America’s Best Regional Banks and Credit Unions and is an eight-time certified Great Place to Work. For more information, visit CitadelBanking.com. Federally insured by NCUA.

About Esperanza
Esperanza was founded in 1986 to serve “the least of these” and to strengthen Hispanic communities and all who live within them. Today, Esperanza has grown into a $114 million organization with 750 employees serving over 35,000 individuals annually.

Esperanza carries out this mission through programs in education, housing and economic development, arts and culture, and social change. Esperanza is committed to building an opportunity community in Hunting Park, one of Philadelphia’s most underserved neighborhoods, where safe streets, quality schools, thriving small businesses, affordable housing, and a vibrant cultural life create pathways for all to thrive.

By addressing the systemic barriers that have historically limited progress for Latino communities, Esperanza provides access to education, skills, and opportunities that serve as on-ramps to economic mobility and long-term success. For more information, visit www.esperanza.us.

SOURCE Citadel Credit Union

NEW YORK, Aug. 11, 2026 /PRNewswire-HISPANIC PR WIRE/ — As uncertainty becomes an enduring feature of the global economy, Banvelca, the family office that has grown into an organization managing more than $70 billion in assets, believes the time has come to stop treating market volatility as an exceptional event and instead build institutions designed to thrive through it, according to MP Publishing.

For Isabela Herrera, Principal at Banvelca, investors and institutions must rethink how they confront an economic landscape increasingly defined by persistent volatility, geopolitical uncertainty, rapid technological change, and escalating trade tensions.

“What truly matters is not trying to predict every market movement but maintaining a disciplined investment process that enables rational decision-making even when conditions become increasingly complex,” Herrera said.

As a member of the eighth generation of international bankers in the Herrera Velutini family, Herrera emphasizes that what distinguishes successful organizations is not their ability to anticipate every event, but the consistency of their processes, the strength of their corporate culture, and the discipline with which they execute their long-term strategies.

“Competitive advantage does not come from reacting faster, but from maintaining the clarity and discipline to act when circumstances encourage the opposite. Today, the most effective strategy is not to avoid uncertainty, but to build organizations and investment portfolios capable of creating long-term value despite it,” she said.

Discipline Does Not Mean Avoiding Risk

Banvelca’s investment model is rooted in nearly two and a half centuries of navigating economic, political, and financial change. Founded in 1781, the firm believes true resilience lies in building organizations capable of absorbing uncertainty and adapting to it over time.

“Disruption is no longer the exception—it is the starting point,” Herrera said. “A conservative, long-term investment strategy like ours does not mean stand aside from investment opportunities. On the contrary, it requires selective risk-taking grounded in rigorous analysis rather than short-term market enthusiasm.”

Building the Financial Architecture of the Future

As Chief Executive of Banvelca, Herrera oversees the firm’s institutional development, cross-border initiatives, and long-term business expansion. She also places particular emphasis on the convergence of traditional finance and digital assets, an area she views as shaping the financial architecture of the future.

A cum laude graduate in Finance and Data Science from the NYU Stern School of Business, Herrera joined the family enterprise after serving as a Senior Associate at PricewaterhouseCoopers in New York, where she focused on integration strategies and financial modeling for large-scale mergers and acquisitions involving Fortune 100 financial institutions and insurance companies.

SOURCE Banvelca

New location will be the family-owned retailer’s 130th store in Michigan

PLYMOUTH TOWNSHIP, Mich., Aug. 10, 2026 /PRNewswire-HISPANIC PR WIRE/ — Meijer announced today it will open its new supercenter in Plymouth Township on Sept. 30, increasing the retailer’s store count in Michigan to 130. The new 159,000 square-foot supercenter is located at 48025 5 Mile Rd.

The store will feature a wide assortment of fresh produce and grocery staples at a value that Michiganders know and love, including bakery, meat, seafood and deli departments, a floral area, garden center, apparel and home goods sections. The supercenter will also include a full-service pharmacy with a drive-through option, health and beauty care section, an expansive pet department, electronics, toys and sporting goods. More details about the store will be shared closer to its grand opening. 

A Meijer Express fuel station will open adjacent to the store on September 2, for quick stops, beverages and snacks or prepared food on the go. Meijer customers enjoy earning rewards through the retailer’s mPerks loyalty program, which can be used to save on groceries or to earn up to a $1 off per gallon of gas at Meijer Express stations. Signing up is free and easy at meijer.com/mperks or through the free Meijer app.

“The value and convenience provided by our Meijer supercenters is unmatched, and we’re excited to bring that to customers in Plymouth Township looking for a one-stop shop,” said Maureen Mitchell, Vice President of the Southeast Michigan Region for Meijer. “We’re deeply invested in this area and look forward to strengthening existing partnerships and creating new ones here with local organizations.”

The new store will also feature the retailer’s popular savings and digital shopping tools, including mPerks, Shop & Scan, Meijer Home Delivery and Pickup, giving customers the flexibility to shop when and how it’s most convenient for them.

Customers familiar with the retailer’s brands will be excited to see that the new Plymouth Meijer store will offer many of their favorite Meijer brands, including Frederik’s by Meijer and True Goodness. These exclusive labels offer store brand value combined with high-quality product offerings unique to the retailer. Frederik’s by Meijer, the retailer’s premium brand, delivers authentic and innovative flavors in the spirit of its namesake, Fred Meijer, across dozens of product lines. True Goodness offers consciously crafted products free from more than 100 ingredients, making good choices more affordable and accessible.

There are still hourly, part-time, and full-time job opportunities available at the Plymouth Meijer store. Ideal candidates should possess a desire to grow as part of the Meijer team and provide outstanding customer service. Those interested can apply online at jobs.meijer.com/stores.

Thanks to the support of its customers, Meijer has become deeply rooted in Michigan life. The retailer employs more than 40,000 team members statewide and remains committed to supporting the causes, events, and organizations that matter most to Michiganders. In Southeast Michigan, this includes partnering with Gleaners Food Bank of Southeastern Michigan to fight hunger, supporting community landmarks such as the Detroit Zoo and The Henry Ford Museum & Greenfield Village, and collaborating with local fan favorites, including the Detroit Grand Prix, Detroit Lions, Detroit Tigers, and Detroit Red Wings.

About Meijer: Meijer is a privately owned, family-operated retailer that serves customers at more than 500 supercenters, grocery stores, neighborhood markets, and express locations throughout the Midwest. As the pioneer of the one-stop shopping concept, more than 70,000 Meijer team members work hard to deliver a friendly, seamless in-store and online shopping experience featuring an assortment of fresh foods, high-quality apparel, household essentials, and health and wellness products and services. Meijer is consistently recognized as a Great Place to Work and annually donates at least 6 percent of its profit to strengthen its communities. Additional information on the company can be found by visiting newsroom.meijer.com.

SOURCE Meijer