Francis J. Pudner, Esquire, will take over as general counsel and vice president of legal services of, PSECU, Pennsylvania’s largest credit union, on Dec. 9.
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Finance
The Cannabis Challenge: Customers says ‘yes’ to hemp, ‘no’ to cannabis
While banned for decades, passage of the 2018 Farm Bill allowed farmers to return an historic crop to their fields – hemp. More importantly, it made it legal for banking institutions to loan money to hemp-related businesses. But few have chosen to do so.
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The Cannabis Challenge: Cashing in
Recreational pot could be a boon for business in Pennsylvania
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The Cannabis Challenge: Where’s the money?
Banks are reluctant to issue loans to cannabis-related businesses because the fed says it’s illegal. But a proposed law called the SAFE Act could change that.
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SEC charges former Lancaster County man with fraud
A former Lancaster County man has been charged by the Securities and Exchange Commission (SEC) for allegedly running a real estate scheme that stole nearly $6 million from investors, including family and friends.
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Fraud Bingo warns seniors of scams
Scams to rip-off the elderly are everywhere, but the Department of Banking and Securities is creating awareness of those scams through a game called Fraud Bingo.
Read More »Collaborative discussion: Two years in since Highmark/Penn State partnership
Central Penn Business Journal played host to a sponsored roundtable discussion earlier this fall with key representatives from Highmark, Penn State Health and the Roman Catholic Diocese of Harrisburg. The talk centered on the collaborative partnership between Highmark and Penn State Health, which was announced in December 2017 and it highlighted why the collaborative makes ...
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Women make gains, but pay gap still exists, Census Bureau says
Despite gains in median earnings and decreases in poverty rates, the wage gap between men and women remained static in 2018 compared to the previous year, according to a recent report from the U.S. Census Bureau.
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The growing economic influence of Hispanics in Pennsylvania
Pennsylvania is fast approaching a population milestone among its expanding Hispanic community that experts say will have a profound impact on the future economic power of the state and its businesses.
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Tolling firm acquired by Gannett Fleming
Gannett Fleming Inc. is continuing its flurry of acquisitions in the last year with the recent purchase of a New York-based road tolling company.
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Sam’s Club testing program to reduce members’ health care costs
Sam's Club, the 36-year-old store that sells billions worth of stuff that fits in your house, is now selling something that it hopes will fit in your wallet.
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Gov. Wolf announces low-interest loans for growing Pa. businesses
Businesses in Berks, Lancaster and Northampton counties have been approved for low-interest loans in the most recent string of approvals from the state.
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Centric Bank honored for diversity and commitment to women
Centric Bank, based in Lower Paxton, is the 44th best bank in America to work for according to American Banker, a banking trade publication, and its CEO and leadership team draw praise as well.
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Members 1st fares well in mortgage ranking
Lower Allen Township-based Members 1st Credit Union was recognized among the top 300 mortgage-granting credit unions in the United States as of March 31, according to the American Credit Union Mortgage Association (ACUMA).
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Northwest Bancshares hires senior vice president
Charles “Chip” Wasson has been named senior vice president and commercial lending team leader of the Northwest Bank Eastern Region.
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