Commerce Bank/Harrisburg promoted Rory G. Ritrievi to oversee all of its services and new-business development, effectively making him the second-ranking executive at the company.

The Legacy Bank name did not last through the ages.

Number of the Week; Regulatory Update: Measures to Watch;

It is unfortunate that lawyers compare their interest in a serious situation to a poker game (“Law firms scramble to handle Sterling Financial lawsuits,” June 15 Business Journal).

Susquehanna Bancshares Inc. made changes to its investment portfolio.

Weis Markets Inc. declared a quarterly cash dividend of 29 cents per share, according to the company.

Hales & Company Inc., a New York investment banking firm that specializes in the insurance sector, has acquired Harrisburg-based WFG Capital Advisors. Terms of the deal were not disclosed.

East Pennsboro Township-based Rite Aid Corp. declared a cash dividend of 87.5 cents per share on its series E preferred stock and 34.4 cents per share on its series I preferred stock, according to the Cumberland County company.

The Bright Side Opportunities Center in Lancaster was hopping on a recent Thursday morning.

An insurance agency based in Shippensburg has a new owner.

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Sterling Financial Corp.’s $80 million loan from M&T Trust Co. got a favorable reaction today from investors. Stock analysts said the credit would help, but continued to predict a sale of Sterling.

Local financial institutions are reaching out to furloughed state workers.

The PNC Financial Services Group Inc. declared a quarterly cash dividend of 63 cents per share on its common stock.

M&T Bank’s decision to grant troubled Sterling Financial Corp. a big loan is boosting speculation that M&T’s parent company could acquire Sterling.