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Western Pa. advisory firm expands into Philadelphia, Atlanta with new merger
JFS Wealth Advisors, a Mercer County-based wealth management firm with offices in Camp Hill and Lancaster, is set to acquire a competitor that will grow the company into the greater Philadelphia area and Georgia.
F&M Trust fills two regional leadership roles
Chambersburg-based F&M Trust recently filled two regional leadership roles.
Restaurants received nearly $72 million in relief funds over the weekend
Pennsylvania’s restaurants, bars and other businesses have already received nearly $112 million in pandemic relief through the state’s $145 million COVID-19 Hospitality Industry Recovery Program (CHIRP.)
Business owners, take time to plan the future
The business owner needs to have a great relationship with two or more financial sources so they get to evaluate various options and aren’t limited to just one solution which may not be the best solution for their current situation.
Pennian Bank to open loan office in Camp Hill in June
Pennian Bank announced the opening of a new loan production office on the West Shore, at 2120 Market St. in Camp Hill.
Mid Penn underwrites public offering of 2.99 million shares of common stock
Mid Penn Bancorp Inc., the parent company of Mid Penn Bank, announced that it has completed its underwritten public offering of 2.99 million shares of common stock at a price of $25 per share, before underwriting discounts.
Centric Financial reports record earnings for first quarter
Centric Financial Corp., the parent company of Centric Bank, announced that net income for the quarter ending March 31, 2021, totaled $3.6 million, or $0.43 per basic and diluted share, a record high level of quarterly earnings.
Report: Business owners see ‘hope on the horizon,’ but a new guard is taking over
Buffeted by the pandemic economy, many businesses invested in e-commerce and other technology to meet customer needs. That’s one of the findings of the most recent quarterly Business Owner Outlook report from Wilmington Trust and M&T Bank. The national survey also showed that chaos brought by COVID-19 has caused some changing of the guard and early retirements.
Four mid-state businesses awarded PIDA loans for business expansion
Four businesses in Lancaster and York counties will receive low-interest loans through the Pennsylvania Industrial Development Authority (PIDA).
Community First Fund gets $3M grant to help small business recovery
Wells Fargo has selected Lancaster-based Community First Fund to receive a $3 million grant as part of its Open for Business Fund, a nationwide small business recovery effort.
Traditions Bank forms holding company
Traditions Bank of York, which formerly went by the name York Traditions Bank, has completed its reorganization into a holding company structure.
Mid Penn Bankcorp announced record Q1 earnings of $9.3 million
Mid Penn Bancorp Inc., the parent company of Mid Penn Bank and MPB Financial Services LLC, reported a record level of earnings for the quarter ended March 31 of $9,312,000, or $1.11 per common share basic and $1.10 per share diluted.
