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Author Archives: Paula Wolf

Mid Penn Bank names Dickinson as chief retail officer (access required)

Millersburg-based Mid Penn Bank has promoted Joan Dickinson, executive vice president, to chief retail officer.  She will lead all retail activities of Mid Penn Bank and its division, Scottdale Bank and Trust, according to a release. Dickinson, who formerly served as chief of staff, is responsible for the 36 branch banking offices and Mid Penn’s commercial cash management programs.  As ...

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Stadium Row apartments open in Lancaster (access required)

Stadium Row, the first Lancaster city rental community in more than 60 years constructed from the ground up, welcomed its first tenants July 31. Ben Lesher, who developed the $18 million project with members of his family, said about 80 of the 104 units are leased, with 50 to 55 occupied so far. “It’s gone really well,” he said. “We’re ...

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Bank of Bird-in-Hand set to make common stock offering (access required)

The Bank of Bird-in-Hand released details of its next common stock offering, which will seek to raise $15 million in newly issued common shares.  The stock will be priced at $23 per share, with a minimum purchase of 1,000 shares ($23,000.) If demand exceeds $15 million, the bank’s board may up the target to $25 million, according to a release.  Proceeds from the offering, ...

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ENB names a new financial officer and treasurer (access required)

ENB Financial Corp.’s Board of Directors unanimously elected Rachel G. Bitner at its new principal financial officer and treasurer, according to a regulatory filing. She was also unanimously elected by the board of Ephrata National Bank, ENB Financial’s wholly owned subsidiary, to be executive vice president and chief financial officer of the bank. Bitner, 43, has served as senior vice ...

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History-making $5M donation to Millersville University to benefit business studies

Millersville University announced today the largest donation in the school’s history, $5 million, from philanthropists Sam and Dena Lombardo that will be used to renovate Brooks Hall into the Samuel N. and Dena M. Lombardo Hall. That 30,134-square-foot building, a former athletics venue, will house the Lombardo College of Business, the university’s first named college. The Lombardos’ latest contribution to ...

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CPBJ Health Care Summit (access required)

After being forced to the forefront by the COVID-19 pandemic, tele medicine is here to stay, with major benefits to patients that will only increase as its potential is realized. That’s the consensus of a panel of experts who spoke Tuesday morning at the Central Penn Business Journal’s Health Care Summit, which was held remotely. Later, a second group of ...

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