Organizers of the Philly Cycling Classic on Monday announced New Penn Financial as their first major sponsor commitment.
Organizers say New Penn Financial committed to become a six-figure sponsor of the new professional cycling race to be held this year in Philadelphia.
"As we work diligently to make the Philly Cycling Classic a reality this year, their commitment will go a long way in supporting the event as well as our efforts to attract other sponsors to host this world-class event in our hometown," Richard Adler, a founding board member of the group organizing the race said in a statement.
New Penn Financial, which is headquartered in Plymouth Meeting, was founded in 2008 and operates more than 30 branch offices nationwide.
"We did not want to see Philly without its signature bike race," New Penn Financial president and CEO Jerry Schiano said. "So, when Congressman Brady took action, we reached out to him and became a sponsor."
A non-profit organization, unveiled last week, is operating the Philly Cycling Classic.
The holiday weekend is looking warmer and unsettled. Shower and thunderstorm chances increase late Sunday and Labor Day.
Temperatures will warm headed into Labor Day. Saturday is the pick day of the holiday weekend with dry conditions and highs in the low 80s.
It turns hot and humid by Sunday with sct. shower and thunderstorm chances increasing N&W anytime after 2/3PM. It should remain dry down the shore all day Saturday and most if not all of Sunday.
Saturday (82/62): Sun/Clouds
Sunday (89/70): Clouds/Storm
Monday (90/74): Clouds/Storm
Police release surveillance video of a man being shot and robbed of $70,000 in the parking lot of a supermarket in Northeast Philadelphia.
Authorities say a teenager drowned while reportedly trying to retrieve a soccer ball from a recreational reservoir in southeastern Pennsylvania.
A woman has died after being hit by three cars in Philadelphia's Logan section. Police say two of the vehicles drove off, and they're still searching for one of them.
We want to say congratulations this morning to Broomall-Newtown Baseball, which now has two Babe Ruth World Series winners in one year!
A huge data breach is affecting five major banks. Federal officials say they were hacked by cyber terrorists. What exactly happened? And can we protect ourselves or prevent it?