Business owners looking to sell or transfer their business to a family member may have some tax decisions to make if the Biden administration gets its tax code revisions through Congress this year.

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 ...

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, ...

York County organizations are pulling together to help small business owners of color recover from the COVID-19 pandemic. The City of York, York County Economic Alliance, Downtown Inc., York County Government/York County Planning Commission, Four Squares Development, Powder Mill Foundation, Community Progress Council, Main Street Hanover, Pennsylvania Community Development and Finance Corporation, and the Pennsylvania ...

Jonestown-based JBT Bancorp Inc. reported that its second-quarter earnings jumped 128%, from $1.388 million to $3.158 million. That comes to $1.30 per share, up from $0.57 per share last year. Earnings were boosted by increases in loan interest income, mortgage profits and fees earned from loans issued as part of the Paycheck Protection Program, President ...

F&M Trust has completed the purchase of its new headquarters, the former Danfoss manufacturing facility at 1500 Nitterhouse Drive, Chambersburg.

The Pennsylvania Department of Community and Economic Development and the Ben Franklin Technology Development Authority announced that $14 million in state funding has been approved for the Ben Franklin Technology Partners.

Chip Rutan watched in recent weeks as the value of cryptocurrencies plummeted. To him, it was all part of the up and down cycles he has witnessed since he first bought cryptocurrencies about four years ago. “This is kind of the pattern that it always has been,” said Rutan, owner of Rutan Productions in New ...

Today, there are thousands of cryptocurrencies, but they can all trace their origins to one, Bitcoin, which was created in 2008. Here is a look at some of the basics about cryptocurrencies, largely based on information found at Schwab.com, an international financial services company, and Coinbase.com, an online cryptocurrency exchange and information platform. The beginning ...

The Bank of Bird-in-Hand announced it plans to undertake a common stock offering in September to support growth and take advantage of market opportunities.

Mid Penn Bancorp Inc. of Millersburg has announced it will be acquiring Harrisburg’s Riverview Financial Corp. for approximately $124.7 million. The deal will be an all-stock transaction and the value is based on Mid Penn’s closing stock price of $27.47 on June 29.

Millersburg-based Mid Penn Bancorp Inc. and Riverview Financial Corporation, headquartered in Harrisburg, signed a definitive merger agreement in which Mid Penn will acquire Riverview.

Cedar Realty Trust will be retaining property management of Camp Hill Shopping Center, which has 25 stores, according to MallsinAmerica.com. Among the other tenants there are Boscov’s, Staples, Five Below, Barnes & Noble Booksellers and LA Fitness.

Life planning can boil down to a series of questions about how someone likes to spend their time and what is important, he said. Questions about travel or volunteer work are part of the equation.

Lancaster-based Fulton Bank is set to train its employees to meet the housing needs of underserved areas in the midstate through a partnership with a national mortgage banker association.