Lenders with less than $1 billion in assets can now submit applications for the second round of the Paycheck Protection Program (PPP) starting today, but borrowers looking to use the program a second time will have more hoops to jump through than they did last year.
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Finance
AmeriChoice names former Members 1st exec as president, CEO
Mechanicsburg-based federal credit union AmeriChoice welcomed its newest president and CEO this week.
Read More »The pandemic is leading more future retirees to a financial awakening
With the pandemic creating more time in many peoples’ lives along with more free time at home people seem to be paying more attention to financial planning, said Joyce Petrenchak, senior vice president and wealth strategy regional manager for PNC Bank’s northeast region.
Read More »COVID-19 relief bill clarifies PPP loans
Congress clarified some of the confusion regarding Paycheck Protection Plan loans with the $900 billion COVID-19 economic relief package agreed to on Sunday.
Read More »Looking at presidential and pandemic implications for the 2021 economy
The year 2021 begins with a new incoming president and hope for an end to the COVID-19 pandemic – two factors that may have the greatest impact on the nation’s economy.
Read More »New federal stimulus package welcomed, lawmakers point out issues
State lawmakers praised the coming of the $900 billion federal stimulus package approved by the Senate and Congress this week but noted that much more must be done before the nation recovers from its public health and economic crisis.
Read More »Community First to use $10M gift to open credit union
Community First Fund plans to open a credit union in Lancaster County this summer for those underserved by other lending institutions.
Read More »Univest names V.P. Dana Brown as president of Consumer Services
Univest Bank and Trust Co. of Souderton has named Dana E. Brown as president of Consumer Services.
Read More »Community First CEO joins Federal Reserve Board’s Community Advisory Council
Dan Betancourt, the longtime president and CEO of Community First Fund, has been selected to serve on the Federal Reserve Board’s Community Advisory Council.
Read More »Wells Fargo’s Chief Economist predicts economic improvement by Q2 of 2021
COVID-19 continues to take an economic toll as cases and deaths surge across America, causing the outlook for the current quarter and first quarter of 2021 to be downgraded.
Read More »Pandemic fatigue leading more company leaders to choose early retirement
Succession planning may bring to mind aging small business owners eying retirement, but think again. Professionals of all types are asking financial advisers at Domani Wealth if they can retire early this year.
Read More »Trout CPA announced addition of its 20th partner
Accounting firm Trout CPA added Dan Chodan, a tax manager with over seven years experience at the firm, is its 20th partner, the Lancaster County firm announced Friday.
Read More »Community First Fund lands $5M Google loan to help small business
Community First Fund announced that it will receive a $5 million Grow with Google Small Business Fund loan from Opportunity Finance Network to aid small businesses battered by the COVID-19 economy.
Read More »F&M Trust appoints new investment and trust services leader
F&M Trust has appointed a new senior vice president and chief investment and trust services officer who will lead an internal team of 25 professionals.
Read More »WellSpan taps Cincinnati-based health system exec to be its CFO
The CFO of a Cincinnati-based nonprofit Catholic health system took the role of senior vice president and CFO for WellSpan Health, the York-based system announced on Monday.
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