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 Mon, 27 Apr 2015 05:06:33 EST Mon, 27 Apr 2015 05:06:33 EST http://www.cpbj.com/article/20150424/CPBJ01/150429793&source=RSS Newsmakers Banking and Finance Businesses featured this week Metro Bank, York Traditions Bank Sun, 26 Apr 2015 18:09:00 EST http://www.cpbj.com/article/20150424/CPBJ01/150429793&source=RSS http://www.cpbj.com/article/20150424/CPBJ01/150429817&source=RSS Midstate trading Rite Aid director's stock sale leads the way Rite Aid Corp. board director Joseph Anderson Jr. exercised options last week on 150,000 shares of company stock and then sold those shares for more than 1. 2 million, the largest trade of the week among executives and large shareholders at public companies based in the midstate. Fri, 24 Apr 2015 09:22:00 EST http://www.cpbj.com/article/20150424/CPBJ01/150429817&source=RSS http://www.cpbj.com/article/20150424/CPBJ01/150429848&source=RSS ACNB, Wells Fargo back on KBW Bank Honor Roll Two banks with midstate presence both made the annual KBW Bank Honor Roll. Thu, 23 Apr 2015 12:11:00 EST http://www.cpbj.com/article/20150424/CPBJ01/150429848&source=RSS http://www.cpbj.com/article/20150424/CPBJ01/150429813&source=RSS Donegal rebounds in Q1, Union Community holding company up big Donegal Group Inc. made a big rebound in its first quarter of 2015, posting net income of 6. 9 million after it took a loss in the first quarter of 2014. Fri, 24 Apr 2015 09:55:00 EST http://www.cpbj.com/article/20150424/CPBJ01/150429813&source=RSS http://www.cpbj.com/article/20150424/CPBJ01/304249996&source=RSS A Conversation with Eugene Draganosky Eugene Draganosky became York Traditions&#8217 president April 1. He has more than 29 years of banking experience and joined York Traditions in 2008. He has also served as its chief community banking officer, chief lending officer and chief credit officer. Fri, 24 Apr 2015 09:00:00 EST http://www.cpbj.com/article/20150424/CPBJ01/304249996&source=RSS http://www.cpbj.com/article/20150424/CPBJ01/304239999&source=RSS With consent orders gone, Orrstown ready for next step It's been a long time since Orrstown Financial Services Inc. could think about the future. It's been too busy devoting its present to erasing the oversights of the past. Thu, 23 Apr 2015 14:45:00 EST http://www.cpbj.com/article/20150424/CPBJ01/304239999&source=RSS http://www.cpbj.com/article/20150423/CPBJ01/150429862&source=RSS Metro Bancorp beats estimates York Traditions also up in Q1 Swatara Township-based Metro Bancorp Inc. , the parent company of Metro Bank, and York Township-based York Traditions Bank today reported strong first-quarter earnings. Thu, 23 Apr 2015 10:44:00 EST http://www.cpbj.com/article/20150423/CPBJ01/150429862&source=RSS http://www.cpbj.com/article/20150423/CPBJ01/150429871&source=RSS Orrstown up, awards dividend Susquehanna stabilizes Two midstate banking companies reported earnings after market close Wednesday, with one making an announcement it has waited almost four years to issue. Thu, 23 Apr 2015 09:36:00 EST http://www.cpbj.com/article/20150423/CPBJ01/150429871&source=RSS http://www.cpbj.com/article/20150422/CPBJ01/150429913&source=RSS Fulton beats estimates, undertakes another stock repurchase Fulton Financial Corp. beat analyst estimates for its first-quarter earnings per share by 2 cents. Wed, 22 Apr 2015 09:43:00 EST http://www.cpbj.com/article/20150422/CPBJ01/150429913&source=RSS http://www.cpbj.com/article/20150421/CPBJ01/150429947&source=RSS Integrity acquisition bill 3 million so far ST Bancorp Inc. divulged it has totaled about 3 million in expenses to complete its acquisition of Integrity Banchares Inc. of Camp Hill. Tue, 21 Apr 2015 09:55:00 EST http://www.cpbj.com/article/20150421/CPBJ01/150429947&source=RSS http://www.cpbj.com/article/20150420/CPBJ01/150429991&source=RSS Metro Bank's Gary Nalbandian back to work after speedy recovery Metro Bancorp Inc. 's chairman, president and CEO is returning to work much sooner than expected. Mon, 20 Apr 2015 09:05:00 EST http://www.cpbj.com/article/20150420/CPBJ01/150429991&source=RSS http://www.cpbj.com/article/20150417/CPBJ01/150429907&source=RSS Newsmakers Banking and Finance Business featured this week Integrity Bank Wed, 22 Apr 2015 10:44:00 EST http://www.cpbj.com/article/20150417/CPBJ01/150429907&source=RSS http://www.cpbj.com/article/20150417/CPBJ01/150419804&source=RSS Wells Fargo CEO Branches still 'enormously important' Even though Wells Fargo Co. is making gains in mobile banking, it doesn't see an immediate end to banking at branches, its CEO said this week. Thu, 16 Apr 2015 11:49:00 EST http://www.cpbj.com/article/20150417/CPBJ01/150419804&source=RSS http://www.cpbj.com/article/20150417/BLOGEXTRA/150419819&source=RSS Let's chat about community banking. Hey, we already did! To recognize Community Banking Month, we set up a little something special this week. Thu, 16 Apr 2015 09:58:00 EST http://www.cpbj.com/article/20150417/BLOGEXTRA/150419819&source=RSS http://www.cpbj.com/article/20150417/CPBJ01/150419764&source=RSS Bank branches expanding, changing hands There are changes coming to two bank branches in the midstate. Fri, 17 Apr 2015 13:19:00 EST http://www.cpbj.com/article/20150417/CPBJ01/150419764&source=RSS