Pennsylvania Gov. Tom Wolf has asked the U.S. Small Business Administration to implement an SBA disaster declaration so businesses and nonprofits in the state can access SBA Economic Injury Disaster Loans in all 67 counties.

U.S. Senator Bob Casey, D-Pennsylvania, was joined by 17 fellow senators in writing a letter to Senate leadership this week, urging Majority Leader Mitch McConnell and Minority Leader Chuck Schumer to forward their legislation that would support Americans in the time of financial and economic uncertainty.

The federal Small Business Administration (SBA) is working with state officials to support small businesses impacted by the spread of the coronavirus (COVID-19) with up to $2 million targeted, low-interest disaster recovery loans.

F&M Trust holding company Franklin Financial Services named Kevin Craig to its board of directors, citing the company executive and accountant’s diverse industry background as an asset to the financial institution’s growth.

While markets already seem to be recovering, those remembering the pain of the great recession have expressed concerns of how an ongoing coronavirus outbreak, combined with dropping oil prices due to Saudi Arabia increasing oil output, could drill a hole in their retirement savings.

PeoplesBank, a Codorus Valley Company, officially opened its Lancaster City Connections Center at 101 N. Queen St. on Friday. 

More than 200 members of the state higher education workforce will retire this year in exchange for payouts from a one-time incentive program, that the Pennsylvania System of Higher Education offered employees to reduce payroll expenses while avoiding layoffs.

Harrisburg University of Science and Technology is hosting its fourth annual financial literacy education conference--a free, one day program that offers strategies to promote financial literacy in schools.

Penn National Gaming, the country’s largest regional gaming operator, said this week it will ring the NASDAQ Stock Market closing bell on Feb. 27.

The PNC Foundation awarded a $75,000 grant to Whitaker Center for Science and the Arts as part of the financial institution’s multi-million, multi-year “Grow Up Great” initiative.

Fulton Financial Corporation, the Lancaster-based owner of Fulton Bank, is issuing subordinated bank notes due 2030 and 2035 to raise money for “general corporate purposes,” according to a company statement filed with the Securities and Exchange Commission. 

First Citizens Community Bank, a Mansfield-based financial institution, named a new leader to spearhead market strategies in the south-central Pennsylvania region.

U.S. Senator Pat Toomey proposed legislation that would make permanent the full and immediate write off of business expenses that promote growth. Currently, the expensing provision of the 2017 Tax Cuts and Jobs Act, will expire in 2022.

Two holding companies from New York bought the facility for Crayola’s sales and marketing operations in Easton for $5.2 million, plus a property in Lancaster.

According to the state Gaming Control Board, bets made online or in casinos produced $31.6 million in gross revenue in January. That was up from $17.5 million in December.