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PNC to close bank branch in Bath
The PNC Bank branch at 202 N. Walnut St., Bath, will close Feb. 16, 2024, a company spokesperson confirmed. Customers will be directed to the PNC Lower Nazareth branch at 3790 Dryland Way, Easton, as part of the consolidation. “PNC recognizes that branches play a key role in how we[...]
Local food banks to receive part of The GIANT Company donations
Seven local food banks are among 22 that will receive a portion of 3,000 hams and $35,000 being donated by Carlisle-based The GIANT Company to combat food insecurity. “Sharing a meal together with family and loved ones is often the focal point of holiday celebrations, but too many families in[...]
KeyBank names new Eastern Pa. market president
KeyBank has appointed Youseff Tannous as its new market president for Eastern Pennsylvania. In this role, Tannous will be the external “face of Key” in Eastern Pennsylvania, promoting Key’s brand recognition and impacting the wellness of the local communities and organizations in the greater Philadelphia and Eastern Pennsylvania area. Tannous will continue in[...]
Couple builds family with Members 1st line of credit
When one thinks of a home equity line of credit, one normally thinks of using it for something like an extension to their home, but for a Pennsylvania couple, it meant an extension to their family. Members 1st Federal Credit Union, which has locations throughout Central and Eastern Pennsylvania, recently[...]
Unique Snacks on a mission to increase donations to Folds of Honor
Reading-based Unique Snacks is upping its game to help raise funds for Folds of Honor, a cause it has supported since 2018. The sixth generation 102-year-old family owned and operated business said the change in the 2024 program will increase Unique Snacks’ average annual donation from $10,000 to approximately $50,000[...]
SBA loans up 14% in Eastern Pennsylvania
Small Business Administration lending was up by 14% for fiscal year 2023 in Eastern Pennsylvania. Over year, however, total dollar amounts decreased by 7.4% from $731.88 million to $677.72 million. For the 40 counties that make up Eastern Pennsylvania, the SBA said 7(a) approvals saw a significant 19.3% increase of[...]
Pa. credit rating receives more positive affirmation
Pennsylvania’s credit rating has been upgraded by Fitch Ratings, marking the third positive affirmation of the state’s budgetary management since September. Fitch improved Pennsylvania’s credit rating from AA- to AA. The upgrade builds on positive credit ratings outlooks from Moody’s and S&P Global last September. “Fitch Ratings becomes the third[...]
PPL could lose $17 million in PUC settlement over billing issues
A settlement over consumer billing errors could cost PPL $17 million if the Pennsylvania Public Utilities Commission gives it approval. The settlement, proposed by the PUC’s Independent Bureau of Investigation and Enforcement (I&E) and PPL, includes payment of a $1 million civil penalty and PPL’s agreement to absorb more than[...]
Agili celebrates 30 years of organic growth as fee-only wealth manager
When Michael Joyce founded his investment management firm 30 years ago, he said he was using a cell phone the size of a sneaker, a dial-up modem, and email was in its infancy. At the time, he was also one of few fee-only planners in the Lehigh Valley. He had[...]
NFIB: Economic optimism dips amid inflation and labor struggles
Small businesses are not optimistic in the current economic environment, citing inflation and labor struggles. The National Federation of Independent Business (NFIB), in its October survey, said the Optimism Index decreased 0.1 points in October to 90.7, marking the 22nd month below the 50-year average. The last time the Optimism[...]
Fulton Bank commits millions to Pa. technology companies fund
Fulton Bank announced Tuesday it is investing up to $10 million in the GO PA Fund, a venture fund launched for Pennsylvania-based technology companies. Formed by Ben Franklin Technology Partners of Southeastern Pennsylvania, the fund will invest primarily in follow-on investments selected from over 600 current and future portfolio companies[...]
GOLD Credit union to become part of United Federal Credit Union
Allentown’s GOLD Credit Union has announced that it will become part of United Federal Credit Union, which is based in St. Joseph, Michigan. When complete, the combined credit unions will operate across seven states with assets of more than $4.1 billion. “This collaboration is all about bringing together two credit[...]
