Executives at the York-based community bank say they’re counting on Sposito’s “vast experience” to create opportunities to expand existing and future financial relationships as the bank prepares to make headway into the Lancaster County market by 2021.

Members 1st Federal Credit Union plans to break ground on its new Hampden Marketplace headquarters next week, closing in on plans announced last year to consolidate the financial nonprofit’s administrative offices.

The changes arrive as many employers near the end of their eight-week coverage period during which they are required use their disbursements to bring back their full-time employee counts to pre-pandemic levels to qualify for SBA forgiveness. The new bill would triple that covered period to 24 weeks.

“Our primary focus from the beginning of this pandemic was being an engineering resource for organizations needing to adopt virtual and cloud technologies to enable safe and secure remote work capabilities,”

Barry W. Harting, a top executive at Ephrata National Bank, this week confirmed plans to retire at the end of this year, closing a career of more than 45 years in the Lancaster County banking sector.

Four companies in central Pennsylvania were among 43 in the state to receive grants in through Gov. Tom Wolf’s $2.8 million Manufacturing PA Initiative, it was announced last week.

The population in Rapho Township increased by nearly 18 percent, making it Lancaster County’s fastest-growing municipality, according to updated population data released by the U.S. Census Bureau.

House lawmakers passed a bill late last week that would loosen restrictions on businesses using Paycheck Protection Program funds to retain and rehire workers, as federal policymakers work to revise the PPP to help companies recover in the aftermath of mandated closures.

Shippensburg-based Orrstown Financial Services Inc. named Linford Weaver to its board of directors for the company and its principal subsidiary, Orrstown Bank, effective June 1.

More than $6 billion of remaining Paycheck Protection Program funds will be reserved for Community Development Financial Institutions to lend to a broader demographic of small business owners, federal officials announced on Thursday.

Lebanon City Mayor Sherry Capello said it plans to partner with the Community First Fund of Lancaster, a non-profit corporation, in making loans available to the small businesses in the city. 

Lebanon and Lancaster counties had some of the lowest levels of unemployment in Pennsylvania just a few months ago, creating issues for growth tied to finding workers to fill numerous jobs. Now, like every other area in the state, the question is when, if ever, will the counties return to that vibrancy.

There’s still $147 billion available in the second round of the Paycheck Protection Program, according to a report by the Small Business Administration released on Saturday.

Business partnerships could be eligible for additional funds via the Paycheck Protection Program if they didn’t include the self-employment income of partners in its initial application, according to a guidance update from the Small Business Administration.

The long-awaited form Paycheck Protection Program borrowers need to be forgiven for their loan has been released by the Small Business Administration to “reduce compliance burdens and simplify the process for borrowers.”