PHILADELPHIA, PA
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We bring community banking to you!
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ATLANTA, GA
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Q1 Report: The bank continues to grow with loans increasing 10% over the last year and deposits up by 7% over the same period. Thank you for allowing us to be your financial partner.
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Customer focus
The Thrifty Irishman rises again
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“From the time I got my initial loan until my building burned down and then again until I re-opened, Frank Sullivan and Hyperion Bank took care of me,” says Robert McCormac of the Thrifty Irishman, which, pre-fire, was the biggest thrift shop in Philly. It opened originally in 2012 and is open again at 2226 East Butler St. (across from Walmart and next to Lidl) with 4 employees.
Robert – who owns the business with his wife Victoria – shares his story: “On April 7, 2020, four months after closing on the purchase of our building, it burned to the ground. On April 8 we met Frank at the Bank; he tells us not to worry, that the bank has our back. And I knew in the heart that was true.”
Indeed, Hyperion’s Frank Sullivan worked with the McCormac’s to get a construction loan to rebuild the part of the Thrifty Irishman building that was repairable. “Three years later – April 7, 2022 – we have reopened. There is still work to be done, but we are open for business!”
This style of “relationship banking” suits the McCormac’s well, as Robert notes, ‘I do all my business by shaking hands and winning my customer over with fair price and a positive attitude.”
Maybe he learned that from Dick Segal, a “salvage impresario” who ran a thrift store called Jo-Mar – also in the Kensington neighborhood, where McCormac grew up – and who McCormac credits with teaching him about the business from the time he was 14 years old. “He was an absolutely incredible retailer; he’d say anybody could tell the good stuff – that was easy. But he could take things that were used and make people want them again, and that’s what I love about my business.”
Circling back to the bank, McCormac adds, “I just wanna’ touch on the guys that I see every day (at the bank): Lee (Green), Adam (Millman) and Cameron (Chislom) are always kind to me, whether it’s transferring funds on the telephone or helping my son make a deposit when I send him to the bank. They even helped me track down a PS5 (Sony PlayStation 5) for my son – on their own time!”
McCormac considers himself lucky, and why not? He was born on St. Patrick’s Day and his initial loan for the Thrifty Irishman was approved on, you guessed it, St. Pat’s Day.
Visit his thrift shop, where he says he sells a lot for a little, ranging from clothing (designer labels & men’s and women’s and kid’s), housewares, furniture and occasionally even architectural salvage items. Check out the website for 7-day-a-week hours, but the phone number is easy to remember: 215-March17 (215-627-2417).
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We have a business account with Hyperion and our experience has been nothing short of phenomenal.
Pennsylvania Financial Professional
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Special event
Hyperion hosts author-judge + PHL attorneys
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The evening of May 5 Hyperion hosted a VIP reception and book event at the Union League of Philadelphia with Special Guest Judge William S. Duffey, Jr, author of The Significant Lawyer: The Pursuit of Purpose and Professionalism, which addresses “what it takes to restore our calling to serve others in need of counsel.”
Attorneys and a few other guests heard Judge Duffey speak, enjoyed a brief Q&A session and had an opportunity to have their book signed. (All royalties from the book go to fund a scholarship for a minority student who has been accepted to law school.)
Judge Duffey was a United States District Judge in Atlanta before he retired in 2018. He continues to work as a lawyer in specialized engagements, having recently represented the United States at a conference hosted by Pope Francis at the Vatican, and now adds published author to his list of accomplishments.
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Banking attorneys
Your practice may benefit from…
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Hyperion provides attorneys and their firms with the amenities, convenience and personalization of a dedicated personal banker. We handle attorneys’ banking business so they can concentrate on the legal needs of their clients & the growth of their firms. And then there are always their personal finances too.
Not an attorney? No worries; with our relationship-oriented, community-banking approach, we tailor services and products to all customers – personal and commercial – across all functions of the bank. It’s a return to the way banking should be. We even do the “switching” legwork for you, literally opening new accounts, closing old accounts, ordering checks and cards, changing auto deposits and credits, setting up bill paying, and more.
Attorney practices may benefit from:
- Bankruptcy trustee accounts – debtor-in-possession and bankruptcy accounts.
- Capital contribution financing.
- Operating lines of credit.*
- Attention to specific financial objectives for attorneys personally and in terms of firm ownership & management.
- Custom financing for firm startups, equipment loans.*
- Help streamline firm’s cash management.
- Qualified Intermediary to facilitate 1031 exchanges.
Let our team help you get the flexible, tailored financial services you deserve:
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* Offer of Credit subject to approval. |
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Next-gen real estate
2222 Market exciting new PHL skyline addition
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You may be reading more about 2222 Market, a new office tower that will serve as the founding office for Morgan Lewis & Bockius, one of the nation’s leading law firms.
The building in PHL’s Central Business District is by our friends at Parkway Corporation. Rob Zuritsky, Parkway’s President & CEO, was a founding board member of Hyperion and remains a bank client and shareholder. 2222 Market, which will stand 19 stories, is designed by Gensler. Learn more.
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Hyperion Bank has been great for us. Amy and Joel go far beyond answering any questions we have; they proactively reach out to us about potential issues which helps prevent problems from happening at all. The online portal allows us to run the office virtually, but the personal service is what makes them great.
Hap Richardson
Atlanta
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Memorial Day
We'll be closed Monday, May 30, in observance of Memorial Day. We’ll re-open at 9a Tuesday. Enjoy #communitybanking online in the meantime. And, while Memorial Day weekend is the unofficial start to Summer, the holiday is foremost an opportunity to remember and honor those in our military who died in service to our country. #ThankYou
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Thank you
We’ll be reporting back
Hyperion’s Customer Service Survey wrapped up April 29. We’re notifying winners of the drawing and addressing your feedback; if you are due to hear from us and have not, we’ll be in touch. Thanks to all who responded. And remember, we appreciate hearing from you at any time, toward continuous improvement.
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To feature your business in #HyperionBank's newsletter:
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We proudly serve...customers in PHL and ATL and beyond. Ask us how you can enjoy our personal service and convenient mobile banking, wherever you live.
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199 W. GIRARD AVE.
PHILADELPHIA, PA 19123
215.789.4200
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3525 PIEDMONT RD., SUITE 5-215
ATLANTA, GA 30305
404.381.2110
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© 2022 Hyperion Bank. All rights reserved. Offer of credit is subject to credit approval. NMLS 631177
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Visit us or use our convenient mobile options to bank with us any time, from any device, anywhere. We bring community banking to you. How may we earn your business?
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PHILADELPHIA, PA
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ATLANTA, GA
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