Sign In
Free Newsletter
St. Christopher’s Hospital for Children receives more than $50 million to continue operations
St. Christopher’s Hospital for Children, Philadelphia, has received more than $50 million is financial support from health care and higher education organizations to keep it afloat. The hospital which was bought by Tower Health and Drexel University in 2019 to keep it from bankruptcy, will receive financial support from the[...]
Air Products signs agreement for import terminal in the Netherlands
Air Products has signed a joint development agreement with a Netherlands firm for an import terminal in Rotterdam. The agreement with Gunvor Petroleum Rotterdam, a subsidiary of Gunvor, responds to the demand for green energy sources to meet climate objectives and the need to diversify energy sources, Air Products said. [...]
Fulton Bank eliminates fees for customers
Fulton Bank, a subsidiary of Fulton Financial Corp., today said it will eliminate non-sufficient funds and extended overdraft fees. The change will take effect in the fourth quarter of this year. “We’ve received consumer customer feedback and this is another way we’re responding and helping,” said Andy Fiol, head of[...]
Pending home sales across nation rise, ending six-month decline
The National Association of Realtors reported Monday that pending home sales across the country inched up in May, ending a six-month run of month-over-month declines. The results, however, varied by region, as the Northeast and South saw increases while the Midwest and West experienced decreases. The Pending Home Sales Index, a[...]
Reading Hospital Foundation funds new programs at Reading Hospital
The Reading Hospital Foundation is providing funding for seven new programs at Reading Hospital. The grants totaling $346,502 will fund: How Do You Eat An Elephant? will support the stroke therapy program. Patients will be given a small stuffed elephant and a printed copy of the story of a stroke[...]
Tompkins Community Bank names vice president
Tompkins Community Bank has hired Stephanie Rich-Bailey as vice president and branch manager of the Wyomissing office. She is responsible for overseeing the branch’s operations, developing consumer and business relationships, and supporting the local community, the bank said. “Stephanie brings a wide range of expertise to our team,” said Paula[...]
Coca-Cola Park secures state funding for improvements
A plan to enhance amenities at Allentown's Coca-Cola Park received a $500,000 financial boost from the state Tuesday. State Reps. Mike Schlossberg, D-Lehigh County and Peter Schweyer, D-Lehigh County and state Sen. Pat Browne, R-Lehigh County helped secure the funding. The project entails expanding the clubhouse, male and female locker[...]
Grand View Hospital Auxiliary donates $171,000 to help fund new hospital pavilion
The Grand View Hospital Auxiliary donated $171,000 to the Grand View Health Foundation for the new hospital pavilion scheduled to open next July. The six-story, 190,000-square-foot hospital pavilion will have 26 private intensive care unit and progressive care unit rooms, in-room technology, an emergency department with 28 treatment rooms and[...]
Northampton County approves $225,000 Livable Landscape grants
Northampton County approved $225,000 Livable Landscape grants for four organizations at its June 16 meeting. Livable Landscape grants are open to institutions of higher education, authorized organizations and county municipalities.[...]
Members 1st Federal Credit Union opens first of five new branches in Lehigh Valley
Cumberland County-based Members 1st Federal Credit Union opened the first of five branches planned for Lehigh Valley in Allentown today. The credit union’s Trexlertown branch is located at 5605 Hamilton Blvd. “Establishing a presence in the Lehigh Valley reinforces our commitment and dedication to strengthening and investing in the communities[...]
Mid-size companies face roadblocks to growth even with ample capital
Mid-sized companies, industry analysts say, prospered during the COVID-19 pandemic, but now face roadblocks that inhibit continued growth. Mike Gigler, senior relations manager for Wells Fargo, said mid-sized companies entered 2022 with strong capital, but the impact of labor costs, supply chain issues and transportation woes have curtailed growth. Wade[...]
Downtown Allentown sees growing interest from banks and credit unions
For many years community activists have been calling downtown Allentown a banking desert, but that is rapidly changing. With a combination of economic revitalization in the city center and a push through the Bank On Allentown program to bring financial access and literacy to the city, financial institutions are returning[...]
