The parent company of Shippensburg-based Orrstown Bank submitted a regulatory filing last week allowing it to issue up to $80 million in stock, if and when it chooses.

When someone asks me what's going to happen with a major indicator — say, interest rates — in the coming months, my typical response is something like this: "If I knew, I wouldn't be working. I'd be on my own private island in the Pacific."

National Penn Bank will open a business center in Lancaster County toward the end of the year, the Boyertown-based institution said in a statement.

Metro Bank has agreed to pay a $1.5 million fine to the Federal Deposit Insurance Corp. to settle allegations it violated the federal Bank Secrecy Act.

It is not unusual for small businesses to underperform due to liquidity issues that could have been anticipated or avoided.

When Dr. Claudette Jatto was getting ready to set up her private practice two years ago, she had no time to waste.

Public pensions are a major problem across the country.

The chief operating officer at Orrstown Financial Services Inc. stepped down Tuesday, the Shippensburg-based financial institution announced in a regulatory filing.

Environmental stewardship often is painted as a foe to business interests because of groups and regulations that seek to slow or prevent industry's encroachment on the environment.

A U.S. district judge passed sentence Wednesday on the second man charged with masterminding a fraud scheme that crippled the Bank of Lancaster County, the U.S. Attorney's Office for Pennsylvania's Eastern District said.

One of the two men who masterminded a loan fraud scheme that crippled the Bank of Lancaster County was sentenced Monday to 15 years in federal prison, U.S. Attorney Zane Memeger said.

In response to an article on actions the Federal Reserve should consider relating to monetary policy, a blogger questioned me and asked, "Inflation, deflation, does it really matter?"

Orrstown Bank last week named a former PNC Financial Services Group Inc. executive as its chief financial officer.