Banking & Finance

Jun 3, 2021

St. Luke’s, furniture manufacturer receive state PIDA loans

The Pennsylvania Industrial Development Authority is providing low-interest loans for the construction of a new medical facility in Hanover Township, Northampton County and for the purchase of manufacturing and processing equipment in Quakertown.

May 25, 2021

​​​​​​​Fulton Bank partners with national association to serve changing housing market

Lancaster-based Fulton Bank is set to train its employees to meet the housing needs of underserved areas in the midstate through a partnership with a national mortgage banker association.

May 24, 2021

Customers Bank is expanding into Orlando, Dallas and Chicago

Customers Bank, headquartered in West Reading, is expanding to Florida and Texas and extending its presence in the Midwest. The bank will open branches in Orlando, Dallas, and Chicago, according to a release.

May 21, 2021

Keystone Agency Investors forms equity partnership with Yurconic

Harrisburg area-based Keystone Agency Investors has formed an equity partnership with The Yurconic Agency, an independent insurance agency serving the Lehigh Valley.

May 17, 2021

Real Estate Lab grads get financing from People First

The first graduates of the Real Estate Lab in Allentown now have access to capital.

May 12, 2021

Racial inequalities persist in U.S. unemployment numbers

Racial inequities in the unemployment count persist, according to the United States Department of Labor’s April Jobs Report.  

May 11, 2021

Mid Penn underwrites public offering of 2.99 million shares of common stock

Mid Penn Bancorp Inc., the parent company of Mid Penn Bank, announced that it has completed its underwritten public offering of 2.99 million shares of common stock at a price of $25 per share, before underwriting discounts.

May 10, 2021

Tompkins VIST Bank changing name – to Tompkins

The company said the change will align the Berks bank with Tompkins Financial’s three other affiliated banks as it consolidates the banks into a single charter.

May 7, 2021

You can’t do it all alone:’ Capital BlueCross’ Ann Corley Baum on how to be an effective leader

Capital Blue Cross' Baum shares the rules she lives by to maximize her productivity and effectiveness as a leader.

May 7, 2021

Report: Business owners see ‘hope on the horizon,’ but a new guard is taking over

Buffeted by the pandemic economy, many businesses invested in e-commerce and other technology to meet customer needs. That’s one of the findings of the most recent quarterly Business Owner Outlook report from Wilmington Trust and M&T Bank. The national survey also showed that chaos brought by COVID-19 has caused some changing of the guard and early retirements.

May 5, 2021

Hatch Biofund receives $5M investment

The Pennsylvania Biotechnology Center in Doylestown received another major pledge for investment in the nonprofit’s Hatch Biofund.

May 5, 2021

Ben Franklin announces latest investments

Ben Franklin Technology Partners of Northeastern Pennsylvania has announced that it has made more than $207,000 in investments in local companies.