When it comes to establishing banks in grocery stores, geography is everything, said executives from the banking and grocery industries.

Community Banks Inc. will lower its previously released first-quarter earnings by about 31 percent to $6.6 million, or 28 cents per share.

The Federal Reserve Board yesterday approved the $17.6 billion merger of Bank of New York Company Inc. and Pittsburgh-based Mellon Financial Corp.

Gov. Ed Rendell nominated Steven Kaplan, chief of staff for Pittsburgh-based Mellon Financial Corp.'s Mid-Atlantic region, to lead the state Department of Banking.

The first lawsuit appeared on a Friday evening, after the stock market closed on a disastrous day for shareholders of Sterling Financial Corp. Another suit followed that night, May 25. More came after the weekend.

Gov. Ed Rendell has nominated Joel Scott Ario to become the state's next insurance commissioner.

York-based PeoplesBank is giving York’s police department electric scooters.

Seattle law firm Keller Rohrback said in a news release it was investigating Sterling Financial Corp. for potential legal violations related to Sterling’s 401(k) plan.

Flood season is fast approaching, but some hardy souls have no doubt put off the task of insuring themselves against the threat of high water.

There was a time when J. Roger Moyer Jr. called Sterling Financial Corp.’s acquisition of EFI the best business decision of his life.

Susquehanna Bancshares Inc. will adopt a more decentralized structure for its local bank, said William J. Reuter, Susquehanna’s president, chairman and chief executive officer.

The portion of midstate bankruptcies filed under the more-arduous Chapter 13 rose in 2006, after a new federal law overhauled personal-bankruptcy procedures.

AmeriChoice Federal Credit Union will merge with Y.T.W. Community Federal Credit Union in York County on July 1.

Dear Mr. Berko: I’ve had the same job for 20 years. I’m 57, and, like the other employees here, I’m really unhappy with the 401(k) plan offered by the boss and managed by his poker playing/drinking buddy.

Lancaster Red Rose Credit Union asked the state Banking Department for permission to convert to a community charter covering Lancaster County.