Pennsylvania borrowers impacted by allegedly deceptive practices by student loan servicer Navient will receive $3.5 million in restitution payments and $67 million in debt cancellation. 

In an effort to expand services to communities with high concentrations of ethnic and racial diversity, M&T Bank announced that it’s designating six of its central and southeast Pennsylvania branches as multicultural banking centers.

Late last year, F&M Trust‘s investment and trust services division reached $1 billion in assets under management--an accomplishment that the Chambersburg-based bank attributes to its continued focus on community. 

Conrad Siegel, which provides comprehensive employee benefits and investment advisory services, has launched Central PA 401(k), the first central Pennsylvania-based pooled employer plan.

Wormleysburg, Cumberland County-based financial management group, Stonebridge Financial Group, recently welcomed its first new partners in 15 years. 

Natasha Luddington, 47, joined Fulton Financial Corp. in October as senior executive vice president, and will also assume the role of chief legal officer and corporate secretary on Jan. 7.

Lancaster-based financial holding company, Fulton Financial Corp., declared a quarterly cash dividend of 14 cents per share on its common stock, payable to shareholders on Jan. 14, 2022. 

Chambersburg-based independent community bank F&M Trust plans to open its first office in Maryland early next year. 

During the second year of the pandemic, area businesses continued to steer away from making large changes to their health plans while trying to minimize increasing benefit costs for employees. 

Lancaster-based advisory firm RKL will expand into Franklin and Adams counties following a newly announced merger with Chambersburg-based Rotz & Stonesifer P.C. 

The American Association of Retired Persons threw its support behind legislation proposed in Pennsylvania Monday that would help people save for retirement. 

Within the last month, three Central Pennsylvania companies announced that they had or would be buying back part or all of their stock to give to their employees as part of new Employee Stock Ownership Plans, known as ESOPs. 

Souderton-based Univest Financial Corporation and its insurance subsidiary, Univest Insurance, LLC, has acquired the Paul I. Sheaffer Insurance Agency. 

Harrisburg-based Centric Financial Corp., the parent company of Centric Bank, reported a net loss of $711,000 for the third quarter of 2021, after posting second-quarter net income of $3.6 million. 

Traditions Bank’s strategic revenue officer has taken on additional leadership responsibility as the York-based bank’s new chief banking officer.