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 Mon, 22 Dec 2014 00:41:19 EST Mon, 22 Dec 2014 00:41:19 EST http://www.cpbj.com/article/20141219/CPBJ01/141219681&source=RSS National credit card market rebounds after rough Q1 Credit card spending jumped in the second quarter of 2014 after a decline in the first three months, according to the American Bankers Association. Fri, 19 Dec 2014 10:44:00 EST http://www.cpbj.com/article/20141219/CPBJ01/141219681&source=RSS http://www.cpbj.com/article/20141219/CPBJ01/141219672&source=RSS Newsmakers Banking and Finance Businesses featured this week ACNB Bank, Union Community Bank Fri, 19 Dec 2014 14:35:00 EST http://www.cpbj.com/article/20141219/CPBJ01/141219672&source=RSS http://www.cpbj.com/article/20141219/CPBJ01/141219682&source=RSS Midstate trading Buying, selling and stock options at York Water, Metro, Codorus Valley A board director at a midstate bank sold more stock this week, while a water company board member added shares and executives at another regional bank were awarded stocks and options. Fri, 19 Dec 2014 10:02:00 EST http://www.cpbj.com/article/20141219/CPBJ01/141219682&source=RSS http://www.cpbj.com/article/20141219/CPBJ01/312189999&source=RSS Midstate Stock Report Year in review The Midstate Stock Report launched in January with stock price analysis of 22 locally based public companies. Thu, 18 Dec 2014 16:30:00 EST http://www.cpbj.com/article/20141219/CPBJ01/312189999&source=RSS http://www.cpbj.com/article/20141216/CPBJ01/141219790&source=RSS York city, police agreement saves 2.2 million, 33 officer jobs A 2. 2 million hole in York's budget has been plugged, thanks to concessions in a four-year contract negotiated between the mayor and the city's police union. Tue, 16 Dec 2014 13:20:00 EST http://www.cpbj.com/article/20141216/CPBJ01/141219790&source=RSS http://www.cpbj.com/article/20141216/CPBJ01/141219797&source=RSS Hedge fund ValueAct forces way onto Armstrong's board A San Francisco investment firm that forced its way onto Microsoft's board of directors has an agreement to do something similar with a Lancaster County company. Tue, 16 Dec 2014 09:42:00 EST http://www.cpbj.com/article/20141216/CPBJ01/141219797&source=RSS http://www.cpbj.com/article/20141216/CPBJ01/141219798&source=RSS Northwest to move into northeast Ohio in latest bank acquisition Warren-based Northwest Bancshares Inc. announced Monday it became the latest bank with local ties to enter the mergers and acquisitions market when it agreed to buy an Ohio bank. Tue, 16 Dec 2014 09:40:00 EST http://www.cpbj.com/article/20141216/CPBJ01/141219798&source=RSS http://www.cpbj.com/article/20141215/CPBJ01/141219831&source=RSS State reviewing paperwork in three separate bank mergers The Pennsylvania Department of Banking and Securities said it has received the application for ST Bancorp Inc. 's acquisition of Integrity Bancshares Inc. Mon, 15 Dec 2014 10:07:00 EST http://www.cpbj.com/article/20141215/CPBJ01/141219831&source=RSS http://www.cpbj.com/article/20141215/CPBJ01/141219836&source=RSS Shipley Energy spins off brokerage firm A York-based energy company is spinning off its brokerage business. Mon, 15 Dec 2014 09:37:00 EST http://www.cpbj.com/article/20141215/CPBJ01/141219836&source=RSS http://www.cpbj.com/article/20141212/BLOGEXTRA/141219868&source=RSS Be careful reading credit union statistics in Pa. The ol' two sides to every story cliche popped up this week as I dug around a report from the National Credit Union Administration. The report ranked Pennsylvania's credit unions last in the country in median third-quarter membership growth. Fri, 12 Dec 2014 11:43:00 EST http://www.cpbj.com/article/20141212/BLOGEXTRA/141219868&source=RSS http://www.cpbj.com/article/20141212/CPBJ01/141219947&source=RSS MT, Hudson City extend merger deadline again MT Bancorp and Hudson City Bancorp Inc. announced a new extension date to have their proposed merger completed, according to a joint news release. Wed, 10 Dec 2014 16:18:00 EST http://www.cpbj.com/article/20141212/CPBJ01/141219947&source=RSS http://www.cpbj.com/article/20141212/CPBJ01/141219865&source=RSS Closing date for Codorus Valley acquisition set Codorus Valley Bancorp Inc. has set a closing date of Jan. 16 for its acquisition of Maryland-based Madison Bancorp Inc. Fri, 12 Dec 2014 14:54:00 EST http://www.cpbj.com/article/20141212/CPBJ01/141219865&source=RSS http://www.cpbj.com/article/20141212/CPBJ01/312129993&source=RSS Awards Industries featured this week Architecture and engineering, banking and finance, creative arts, designations, economic development, education, health care, human resources, insurance, nonprofits, preservation, Fri, 12 Dec 2014 11:15:00 EST http://www.cpbj.com/article/20141212/CPBJ01/312129993&source=RSS http://www.cpbj.com/article/20141212/CPBJ01/141219871&source=RSS PNC debuts 'universal' branches in the midstate PNC Bank's plan to move to universal branches &#8212 ones that are without the traditional teller &#8212 has brought seven such branches to the region. Fri, 12 Dec 2014 10:59:00 EST http://www.cpbj.com/article/20141212/CPBJ01/141219871&source=RSS http://www.cpbj.com/article/20141212/CPBJ01/312119990&source=RSS Don't make these common mistakes with your individual retirement account About 40 percent of U. S. households &#8212 nearly 50 million &#8212 own individual retirement accounts that provide tax-advantaged options for saving. The Pennsylvania Institute of Certified Public Accountants offers the following tips on how to avoid some common mistakes people make when managing IRAs. Thu, 11 Dec 2014 15:15:00 EST http://www.cpbj.com/article/20141212/CPBJ01/312119990&source=RSS