CPBJ - Banking and Finance http://www.cpbj.com/section/banking_finance Banking and Finance News Banking and Finance en-us Copyright 2014 Central Penn Business Journal Thu, 27 Nov 2014 23:15:18 EST Thu, 27 Nov 2014 23:15:18 EST

Familiar face comes back to midstate to lead Bank of Bird-in-Hand

By Michael Sadowski
November 26, 2014 09:12 AM

Bank of Bird-in-Hand, the first new bank in the country since 2010, has named Alan W. Dakey as its new president and CEO. CONTINUE READING

Harsco gets BBB- rating from Fitch

By Joseph Deinlein
November 26, 2014 09:08 AM

A Wormleysburg-based industrial services provider was rated BBB- by Fitch Ratings. CONTINUE READING

Former Doc Holliday's to reopen in January as Boomerang's Bar & Grille

By John Hilton
November 25, 2014 10:57 AM

Longtime local restauranteur Nick Loxas says the former Doc Holliday's in Fairview Township will reopen in mid-January as Boomerang's Bar & Grille. CONTINUE READING

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Foreclosures continue to fall: York-Hanover posts 30 percent annual drop

By Jason Scott
November 25, 2014 10:57 AM

Foreclosures dropped by 30 percent in York-Hanover over the last year, according to the latest data from California-based CoreLogic Inc. CONTINUE READING

Harrisburg businessman to serve on same Florida bank board that hired Andrew Samuel

By Michael Sadowski
November 20, 2014 10:02 AM

Harrisburg businessman George Parmer has been tapped to serve on the board of directors at Florida's Sunshine Bancorp Inc. — the same bank holding company that hired Andrew Samuel from his president post at Susquehanna Bancshares Inc. CONTINUE READING

Newsmakers: Banking and Finance

By November 21, 2014 02:44 PM

Business featured this week: M&T Bank CONTINUE READING

PSECU board approves third consecutive $10 million member dividend program

By Michael Sadowski
November 21, 2014 02:14 PM

The Pennsylvania State Employees Credit Union has approved its third consecutive $10 million dividend program to be distributed to its members in the new year. CONTINUE READING

BB&T lays out regional leadership plan for midstate

By Michael Sadowski
November 21, 2014 09:40 AM

BB&T Corp.'s previously announced plans to establish three geographic banking regions in Susquehanna Bancshares Inc.'s footprint started taking shape Thursday when it announced plans to hire four Susquehanna executives to run the new configuration. CONTINUE READING

Fitch gives turnpike bonds an A+ rating; traffic up so far in FY2015

By John Hilton
November 21, 2014 08:46 AM

Fitch Ratings assigned an A+ rating to the Pennsylvania Turnpike Commission's $295.4 million of series 2014C turnpike revenue bonds. CONTINUE READING

Culture, future keys in bank acquisitions

By Michael Sadowski
November 20, 2014 03:30 PM

Central Pennsylvania will be introduced to two new banks in 2015 after a double shot of recent acquisitions — both of which had quirks. CONTINUE READING

Midstate income: Up last year, but not as much as 2012

By Jason Scott
November 20, 2014 10:04 AM

Per-capita personal income in the midstate rose last year, but the increase was much less than 2012 growth, according to the latest local income statistics from the U.S. Bureau of Economic Analysis. CONTINUE READING

Economist: Central Pa. has growth potential

By Joseph Deinlein
November 19, 2014 09:43 AM

The economy of the York, Lancaster and Harrisburg areas, much like the rest of the nation, is improving, a PNC Financial Services economist said. CONTINUE READING

October housing market: Lebanon County sales up 3.5 percent

By Jason Scott
November 19, 2014 09:22 AM

Lebanon County home sales in October were steady compared to last year. CONTINUE READING

BB&T CEO lays out merger plan for Susquehanna employees

By Michael Sadowski
November 17, 2014 10:17 AM

BB&T Corp. Chairman and CEO Kelly King told a gathering of Susquehanna Bancshares Inc. employees last week which ones will have jobs and how the company will treat those who won't continue with BB&T when the merger between the two companies goes through. CONTINUE READING

Take our 'Midstate Banks of 1995' quiz

By Michael Sadowski
November 13, 2014 11:49 AM

Going through a year's worth of Central Penn Business Journal articles from 1995 made me realize something: My historical knowedge of Central Pennsylvania banks is pretty limited. CONTINUE READING