Univest opens first Berks County branch in West Lawn
Souderton-based Univest Financial is opening its first location in Berks County.
Wells Fargo’s Chief Economist predicts economic improvement by Q2 of 2021
COVID-19 continues to take an economic toll as cases and deaths surge across America, causing the outlook for the current quarter and first quarter of 2021 to be downgraded.
For a conservative investment now may be the time for municipal bonds
The global financial markets coronavirus rollercoaster ride along with cultural and politic seismic shifts have some investors longing for investment stability. The municipal bond market is an attractive vehicle for those looking for tax advantages, portfolio diversification and contentment with conservative performance.
Members 1st Credit Union opens first branch in Berks County
The credit union, which has 57 branches, opened its newest in the Reading suburb of Shillington at 516 Lancaster Ave.
Riverview Financial to close Camp Hill, Tower City offices in first quarter of 2021
Riverview Financial Corporation, the parent company of Harrisburg-based Riverview Bank, will close two branches by the close of 2021’s first quarter — one in Camp Hill and the other in Tower City — as part of a multi-year efficiency initiative that’s been accelerated by the pandemic.
Allentown joins national Bank On initiative to increase bank access
The local Bank On Coalition is a partnership of the City of Allentown, United Way of the Greater Lehigh Valley, the Financial Literacy Center, the FDIC, People First, First Commonwealth Federal Credit Union and QNB Bank.
Lehigh Valley Mall co-owner PREIT files Chapter 11 bankruptcy to help with restructuring
As it tries to navigate the challenges of COVID-19, Philadelphia-based PREIT, co-owner of the Lehigh Valley Mall, filed for Chapter 11 bankruptcy Sunday, a move it said will help it restructure.
Ben Franklin Technology Partners announces $400K in funding
Ben Franklin Technology Partners of Northeastern Pennsylvania has announced more than $407,000 in investments in its latest round of funding.
Accounting firm RLB names William Bloss managing partner
RLB Accountants of Allentown has named William E. Bloss as its managing partner. He will take over for Martin C. Levin, who has served as managing partner since the firm was formed in 2009.
COVID-19 leaves its mark on 2020 tax planning strategies
Now is the time of year when companies start their tax planning, but as with just about everything, the COVID-19 pandemic has created obstacles to normal tax-planning efforts.
Worries about vaccines, ‘second wave’ of virus create economic uncertainty, fed adviser says
“As of mid-August … the pace and duration of the recovery remains largely uncertain,” said Ryotaro Tashiro, regional economic adviser at The Federal Reserve Bank of Philadelphia.
Paycheck protection loans of $50,000 or less fully forgiven regardless of employee retention
Borrowers who received loans of $50,000 or less from the Paycheck Protection Program will now be forgiven for the full loan amount regardless of any decreases to their full-time employee count or wages.