Banking & Finance

Aug 29, 2022

Lehigh Valley Trade Center nears completion; quarry saved

Lehigh Valley Trade Center (LVTC) is nearing completion in Bethlehem, and developer Trammell Crow Co. (TCC) has donated one parcel to D.I.V.E. LLC to continue scuba diving training at the former Dutch Springs.  

Aug 29, 2022

Community First Fund receives $2.25 million grant to launch EJFund

Truist Foundation Friday announced a $2.25 million grant to Community First Fund to help launch its Economic Justice Fund (EJFund). 

Aug 25, 2022

State protects 18 new farms from development

Pennsylvania protected 784 acres on 18 farms in nine counties from future development today, investing more than $3.166 million in state, county and local dollars to ensure that prime farmland is not lost to development.  

Aug 25, 2022

iDEAL Semiconductor Devices Inc. expands; creates jobs

iDEAL Semiconductor Devices Inc., a fables semiconductor company in Lehigh Valley is expanding its technology research and development and creating at least 63 jobs. 

Aug 25, 2022

Truist donates $2.5M to help minority entrepreneurs in Eastern, Central Pa.

Truist Foundation has announced a $2.25 million commitment to Community First Fund, a nonprofit Community Development Financial Institution (CDFI) dedicated to aligning capital with social justice.

Aug 23, 2022

Grants available to train youth for agricultural jobs

The state Department of Agriculture is looking for applicants for $500,000 in PA Farm Bill Agriculture & Youth Grants for programs aimed at preparing youth for agricultural jobs. 

Aug 19, 2022

Erie Insurance names DEI leader

Erie Insurance, with offices throughout Central Pennsylvania and Lehigh Valley, has named Lance Hyde vice president of Diversity, Equity and Inclusion (DEI), effective August 22.  

Aug 17, 2022

BWE secures loan for City Center project

Bellwether Enterprise Real Estate Capital LLC (BWE), a national commercial and multifamily mortgage banking company, said it has closed on a $20 million insurance company loan to finance the renovation and construction of Cityplace North and South, a 204-unit, two-building apartment complex in downtown Allentown. 

Aug 15, 2022

Drexel tuition discount offered to LCCC and NCC grads

Students graduating with an associate degree from either Lehigh Carbon Community College (LCCC) or Northampton Community College (NCC) can receive a renewable 50% tuition discount at Drexel University as part of the university’s new Drexel Promise Program. 

Aug 9, 2022

Berks County to see road and bridge safety upgrades starting next year

The Reading Area Transportation Study Coordinating Committee approved a plan that will bring improvements to roads and bridges and transportation upgrades through the 2023-26 Transportation Improvement Program. 

Aug 8, 2022

PennDOT offers grants for railroad operations

PennDOT has opened the application period for grants under the Rail Transportation Assistance Program (RTAP) and the Rail Freight Assistance Program (RFAP).  

Jul 29, 2022

Reading properties sell for $6.15 million

Grammary Court Apartments and The Collowhill Building in Reading have sold for $6.15 million.