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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.
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.
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.
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.
Real Estate Lab grads get financing from People First
The first graduates of the Real Estate Lab in Allentown now have access to capital.
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.
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.
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.
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.
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.
Hatch Biofund receives $5M investment
The Pennsylvania Biotechnology Center in Doylestown received another major pledge for investment in the nonprofit’s Hatch Biofund.
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.
