The global financial markets coronavirus rollercoaster ride along with cultural and politic seismic shifts have some investors longing for investment stability. The municipal bond market is an attractive vehicle for those looking for tax advantages, portfolio diversification and contentment with conservative performance.
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Finance
Members 1st Credit Union opens first branch in Berks County
Mechanicsburg-based Members 1st Federal Credit Union has made its Berks County debut.
Read More »Lancaster General Health to welcome new CFO
The former CFO of Penn Medicine’s Chester County Hospital will be taking the role of CFO of the Philadelphia system’s Lancaster General Health hospital at the end of the month.
Read More »Lancaster County $10M economic recovery grant program accepting applications Nov. 9-13
Another $10 million in relief grants will be made available for Lancaster County businesses and organizations through the third round of the Small Business Recovery and Sustainability Fund.
Read More »Riverview Financial to close Camp Hill, Tower City offices in first quarter of 2021
Riverview Financial Corporation, the parent company of Harrisburg-based Riverview Bank, will close two branches by the close of 2021’s first quarter.
Read More »Federal officials evaluating ‘good faith’ of high-value PPP loan borrowers with new form
Borrowers of the federal Paycheck Protection Program who took loans of $2 million or greater can expect to receive a form from lenders on which they will be required to attest their funds were necessary to sustain the operations of their business during the pandemic.
Read More »Amy Coney Barrett could influence workers’ rights, other economic issues on Supreme Court
While no one can predict how justices will ultimately rule once they have a seat on the nation's highest court, their past records offer a meaningful window into how they interpret the law. And in cases ranging from harassment on the job to debt collection, Barrett's opinions have often tilted toward bosses and business.
Read More »Nora Habig named M&T Bank’s central, western Pa. region president
M&T Bank has a new central and western Pennsylvania region president in Carlisle resident Nora Habig, taking over for Stephen A. Foreman, who retired on Oct. 9 at the end of a 35-year career with the Buffalo, New York-based financial services company.
Read More »COVID-19 leaves its mark on 2020 tax planning strategies
Now is the time of year when companies start their tax planning, but as with just about everything, the COVID-19 pandemic has created obstacles to normal tax-planning efforts.
Read More »Employee owned HB Global acquires Miami contracting firm
Ranked by Central Penn Business Journal as the second-fast growing company in Central Pennsylvania, HB Global now has 1,700-1,800 employees in all its divisions.
Read More »Worries about vaccines, ‘second wave’ of virus create economic uncertainty, fed adviser says
“As of mid-August … the pace and duration of the recovery remains largely uncertain,” said Ryotaro Tashiro, regional economic adviser at The Federal Reserve Bank of Philadelphia.
Read More »Bank of Bird-in-hand completes $20M stock offering
Lancaster County’s Bank of Bird-in-Hand completed the offering of approximately $20 million of its common stock on Monday, one month after commencing on Sept. 14.
Read More »Paycheck protection loans of $50,000 or less fully forgiven regardless of employee retention
Borrowers who received loans of $50,000 or less from the Paycheck Protection Program will now be forgiven for the full loan amount regardless of any decreases to their full-time employee count or wages.
Read More »More than $2.5M left for round 2 Lebanon County CARES funds
Officials say more than $2.5 million are available in Lebanon County’s second phase of CARES Act grants to support local businesses, tourism organizations nonprofits. The second round begins Oct. 15 and goes until 4 p.m. on Oct. 30.
Read More »Customers Bank says BankMobile’s merge with Megalith Financial ‘on track’ for close of 2020
“In an era when digital banking continues to expand, we look forward to building our business over the coming years and taking advantage of all strategic opportunities,” Jay Sidhu, CEO of Customers Bank said.
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