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Banking & Finance

Robert Fischer
May 18, 2026

Mid Penn Bank hires senior commercial loan manager

Mid Penn Bank has hired Robert Fischer as senior vice president and senior commercial loan manager.   Based at the Bank’s Wyomissing office, Fischer will support commercial banking growth and oversee commercial lending and business development efforts across the region.   He will report to Joseph Butto, first senior vice president and[...]

Members 1st Federal Credit Union officials celebrated the groundbreaking of its newest full‑service branch in Forks Township. PHOTO/MEMBERS 1ST
May 18, 2026

Members 1st breaks ground on Forks branch

Members 1st Federal Credit Union is expanding its footprint in the Lehigh Valley.  On Friday, credit union officials celebrated the groundbreaking of its newest full‑service branch in Forks Township.   The Forks Township branch will[...]

May 6, 2026

Mauch Chunk Trust reports increased earnings

The Board of Directors of Mauch Chunk Trust Financial Corporation has released earnings results for the corporation for the period ended March 31.   Net income was $455 thousand, $212 thousand higher than the same period in 2025. On a per share basis, net income was 14 cents this year versus 7 cents last year.  The board[...]

Annmarie E. Andrejko
May 5, 2026

PNC names new regional president for Northeast Pa.

There’s new local leadership at PNC Bank.  The bank announced Tuesday that Annmarie E. Andrejko, senior vice president and senior relationship manager, has been named regional president for Northeast Pa. and head of Corporate Banking for the region. She will succeed Peter J. Danchak, PNC’s longest-serving regional president, who will retire from both of those roles[...]

Apr 29, 2026

Members 1st earning recognition for community impact, leadership

Members 1st Federal Credit Union is gaining widespread recognition for the impact it’s making on the communities it serves.  Based in Central Pennsylvania, Members 1st has close to 60 branches extending to Eastern Pennsylvania as well. While its administrative[...]

Alexander Santos
Apr 27, 2026

ESSA names community responsibility officer

ESSA Bank, a division of CNB Bank, has announced that Alexander Santos has been promoted as the bank’s community responsibility officer.   In this role Santos will serve the primary liaison between the bank and the communities it serves, supporting lending, investment, service, and volunteer initiatives particularly for low- and moderate-income individuals, small[...]

Fulton Financial Corporation reported net income available to common shareholders of $92.2 million, or $0.51 per diluted share, for the first quarter of 2026. PHOTO/FILE
Apr 23, 2026

Fulton Financial reports $92.2 million net income in 1Q

Fulton Financial Corporation reported $92.2 million net income in first quarter, highlighting steady profitability and acquisition of Blue Foundry Bancorp in New Jersey. Fulton reported net income available to common shareholders of $92.2 million, or $0.51 per diluted share, for the first quarter of 2026. It was a decrease of[...]

Apr 21, 2026

Members 1st partners with East Stroudsburg University for financial literacy program

Members 1st Federal Credit Union is beginning a new partnership with East Stroudsburg University through the university’s Employer Provided Innovation Challenges (EPIC) program.  EPIC is an experiential learning model designed to connect students with real‑world[...]

Apr 21, 2026

Finanta expanding its lending impact across the region

It’s been a busy couple of years for Finanta. The Community Development Financial Institution, which was founded in 1992 as Community First Fund in Lancaster, changed its name in 2024 after merging with Philadelphia-based Finanta about six[...]

Apr 15, 2026

Allentown bond rating upgraded to A+

The City of Allentown has reported that S&P Global has upgraded its general obligation bond rating from an ‘A’ to an ‘A+’ with a stable outlook, reflecting continued financial strength and responsible fiscal management.  In a release Mayor Matt Tuerk said the upgrade reflects the city’s seven consecutive years of audited general fund surpluses, with city reserves[...]

Apr 8, 2026

Finanta opens bilingual credit union in Reading

Finanta has launched its first credit union in Reading at 240 Penn Street.   This location is fully bilingual in Spanish and English, and will act as a financial center for its current commercial[...]

To celebrate its bicentennial, KeyBank has made a $200,000 philanthropic grant to Finanta through the KeyBank Foundation.
Apr 3, 2026

Key Bank donates $200K to Finanta for economic development initiatives

To celebrate its bicentennial, KeyBank has made a $200,000 philanthropic grant to Finanta through the KeyBank Foundation.  Finanta is a non-profit CDFI, which has an office in Allentown and has been involved in such projects as the revitalization of a 17.5-acre manufacturing campus in[...]