CPBJ - Banking and Finance http://www.cpbj.com/section/banking_finance Banking and Finance News Banking and Finance en-us Copyright 2015 Central Penn Business Journal Tue, 26 May 2015 07:51:28 EST Tue, 26 May 2015 07:51:28 EST http://www.cpbj.com/article/20150522/CPBJ01/150529902&source=RSS Bryn Mawr gets OK to open in Hershey The newest Central Pennsylvania banking player now has permission to enter the market. Fri, 22 May 2015 13:44:00 EST http://www.cpbj.com/article/20150522/CPBJ01/150529902&source=RSS http://www.cpbj.com/article/20150522/CPBJ01/305219999&source=RSS What public company CEOs make in Central Pa. The average CEO made more than 3. 7 million last year, compared with about 3. 3 million the previous year. Thu, 21 May 2015 19:45:00 EST http://www.cpbj.com/article/20150522/CPBJ01/305219999&source=RSS http://www.cpbj.com/article/20150522/CPBJ01/150529942&source=RSS State approves BBT, Northwest Savings mergers The Pennsylvania Department of Banking and Securities has approved BBT Corp. 's acquisition of Susquehanna Bancshares Inc. Thu, 21 May 2015 11:25:00 EST http://www.cpbj.com/article/20150522/CPBJ01/150529942&source=RSS http://www.cpbj.com/article/20150521/CPBJ01/150529938&source=RSS Credit union merger coming in Lancaster County Lancaster Red Rose Credit Union has filed with the Pennsylvania Department of Banking and Securities to absorb the smaller Lancaster Press Employees Federal Credit Union. Thu, 21 May 2015 14:49:00 EST http://www.cpbj.com/article/20150521/CPBJ01/150529938&source=RSS http://www.cpbj.com/article/20150521/CPBJ01/150529946&source=RSS Midstate trading Donegal, Penn National stock deals lead the way Donegal Mutual Insurance Co. , an affiliate company of Donegal Group Inc. , continued to add to its ownership stake in the parent company over the last week with the purchase of 50,000 shares from senior vice president Cyril Greenya at 15. 18 per share. Thu, 21 May 2015 10:17:00 EST http://www.cpbj.com/article/20150521/CPBJ01/150529946&source=RSS http://www.cpbj.com/article/20150519/CPBJ01/150519739&source=RSS House proposal circulating to eliminate cap on net operating loss A bipartisan proposal has begun circulating in the state House that would phase out the commonwealth's cap on net operating losses over a six-year period. Tue, 19 May 2015 13:39:00 EST http://www.cpbj.com/article/20150519/CPBJ01/150519739&source=RSS http://www.cpbj.com/article/20150519/CPBJ01/150519750&source=RSS Franklin Financial one of top 50 OTCQX companies Chambersburg-based Franklin Financial Services Corp. has been named to the 2015 OTCQX Best 50, a ranking of the top 50 performing companies on the OTCQX marketplace. Tue, 19 May 2015 09:37:00 EST http://www.cpbj.com/article/20150519/CPBJ01/150519750&source=RSS http://www.cpbj.com/article/20150518/CPBJ01/150519777&source=RSS Metro agreement with activist investor to last three years The agreement to bring activist investor Richard Lashley onto Metro Bancorp Inc. 's board of directors isn't just for 2015, but also for 2016 and 2017, according to a federal filing. Mon, 18 May 2015 09:39:00 EST http://www.cpbj.com/article/20150518/CPBJ01/150519777&source=RSS http://www.cpbj.com/article/20150518/CPBJ01/150519789&source=RSS Midstate trading Select Medical VP's stock sale leads the way A stock sale by a vice president at Select Medical Holdings Corp. led the way over the last week for largest transaction by an executive or large shareholder of a midstate-based public company. Mon, 18 May 2015 08:21:00 EST http://www.cpbj.com/article/20150518/CPBJ01/150519789&source=RSS http://www.cpbj.com/article/20150515/CPBJ01/305149999&source=RSS Fulton ready for new role in region For Fulton Financial Corp. , business life is about to change. Thu, 14 May 2015 15:15:00 EST http://www.cpbj.com/article/20150515/CPBJ01/305149999&source=RSS http://www.cpbj.com/article/20150515/CPBJ01/150519831&source=RSS ST CEO Integration mostly smooth for Integrity customers Integrity Bank's integration into ST Bank of Indiana, Pa. , &#8220went very well,&#8221 according to ST President and CEO Todd Brice. Fri, 15 May 2015 11:12:00 EST http://www.cpbj.com/article/20150515/CPBJ01/150519831&source=RSS http://www.cpbj.com/article/20150515/CPBJ01/150519820&source=RSS Newsmakers Banking and Finance Businesses featured this week Assets Lancaster, F. N. B. Wealth Management Fri, 15 May 2015 14:59:00 EST http://www.cpbj.com/article/20150515/CPBJ01/150519820&source=RSS http://www.cpbj.com/article/20150515/CPBJ01/150519843&source=RSS Metro Bank heads off proxy battle, nominates activist investor to board Metro Bancorp Inc. has reached an agreement with activist investor Richard Lashley and has nominated him to join its board of directors, halting a possible proxy battle showdown. Fri, 15 May 2015 10:12:00 EST http://www.cpbj.com/article/20150515/CPBJ01/150519843&source=RSS http://www.cpbj.com/article/20150515/CPBJ01/305149995&source=RSS Young professionals roundtable set for May 22 Real estate lending and development, personal and commercial insurance, marketing and communications, and membership director for a chamber of commerce. Thu, 14 May 2015 15:15:00 EST http://www.cpbj.com/article/20150515/CPBJ01/305149995&source=RSS http://www.cpbj.com/article/20150514/CPBJ01/150519879&source=RSS Q1 residential lending Harrisburg area posts weak refinancing, total loan activity While mortgage refinancing and total loan originations on single-family homes and condominiums nationally grew by double-digits over the year, the Harrisburg area went the other way in the first quarter, according to California-based RealtyTrac. Thu, 14 May 2015 09:46:00 EST http://www.cpbj.com/article/20150514/CPBJ01/150519879&source=RSS