Less than 17,000 midstate borrowers were "underwater" on their mortgages in the third quarter of 2014.
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Finance
Gratz Bank receives state approval for acquisition
Gratz Financial Services Inc. has received approval from the Pennsylvania Department of Banking and Securities and the Federal Reserve Board to acquire FNBM Financial Corp. of Minersville.
Read More »Riverview looking to acquire western Pa. bank
Riverview Financial Corp. has applied to the Pennsylvania Department of Banking and Securities to acquire two-branch, western Pennsylvania bank Citizens National Bank of Meyersdale.
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Rep. Seth Grove to pitch Pa. corporate net income tax cut
A York County lawmaker is seeking support for legislation that would cut Pennsylvania's corporate net income tax.
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Midstate stocks: Rite Aid, Hersha, Select Medical, Metro officials make trades to end 2014
Shares of Rite Aid Corp. stock continue to soar above $7.50, and executives are cashing in.
Read More »In brief: ABC receives SBA loan to expand craft soda line
Appalachian Brewing Co. recently closed on a $1.76 million U.S. Small Business Administration 504 loan through the Harrisburg Regional Chamber and Capital Region Economic Development Corp.
Read More »BB&T still deciding whether it will close Susquehanna Bank branches
BB&T Corp. said in a legal advertisement posted Sunday it still is considering whether it will need to close Susquehanna Bank branches after the merger between it and Susquehanna Bancshares Inc.
Read More »Midstate trading: Rite Aid execs sell nearly $33M in company stock
Several public company executives in the midstate cashed in on company stock right before Christmas.
Read More »Mid Penn shareholders approve Miners Bank acquisition
Mid Penn Bancorp Inc.'s acquisition of Minersville-based Phoenix Bancorp Inc. has the approval of shareholders of both companies.
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National credit card market rebounds after rough Q1
Credit card spending jumped in the second quarter of 2014 after a decline in the first three months, according to the American Bankers Association.
Read More »Newsmakers: Banking and Finance
Businesses featured this week: ACNB Bank, Union Community Bank
Read More »Midstate trading: Buying, selling and stock options at York Water, Metro, Codorus Valley
A board director at a midstate bank sold more stock this week, while a water company board member added shares and executives at another regional bank were awarded stocks and options.
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Midstate Stock Report: Year in review
The Midstate Stock Report launched in January with stock price analysis of 22 locally based public companies.
Read More »York city, police agreement saves $2.2 million, 33 officer jobs
A $2.2 million hole in York's budget has been plugged, thanks to concessions in a four-year contract negotiated between the mayor and the city's police union.
Read More »Hedge fund ValueAct forces way onto Armstrong’s board
A San Francisco investment firm that forced its way onto Microsoft's board of directors has an agreement to do something similar with a Lancaster County company.
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