Too often businesses hit by disaster – whether a natural disaster or a man-made crisis – will close permanently.
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Finance
Centric Bank expands into Chester County
Centric Bank has announced the opening of two Philadelphia-area locations, deepening the midstate bank's progression into the eastern part of the state.
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Handing the keys to key employees
When succession planning means grooming key employees to take over, a longer process is more likely to lead to satisfaction for a business founder.
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When selling to private equity is the right succession plan
Selling a company to a private equity firm can be a succession exit strategy when cashing out the business at the highest value possible is the top priority.
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ESOPs translate to ownership for all
Over the next decade an estimated 4.5 million businesses will change hands across Pennsylvania.
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When closing your business is the best choice
Cash flow problems. Dwindling profits. A product or service that's out of fashion or dated. Trouble making payroll or consistently pumping money into a failing enterprise to keep it afloat.
Read More »A business owner’s guide to retirement savings, part 3: Guest view
Let's talk about where you've been.
Read More »PeoplesBank names Dennis Ginder chief credit officer
York Township-based PeoplesBank recently named Dennis Ginder as a senior vice president and chief credit officer.
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Economic concerns seen as damper on bank M&A
The only banking trend in 2019 that seems certain is a focus on uncertainty.
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Lancaster insurance agency sold
A Lancaster insurance business is under new ownership, effective late last month.
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Fulton Financial closing three branches in Central Pa.
Fulton Financial Corp. is trimming three Central Pennsylvania bank branches in early 2019 as customers are turn to digital banking services and use branches less often.
Read More »Northwest on track to absorb Union Community Bank in March
Northwest Bancshares Inc. has secured the regulatory approvals it needs to purchase Union Community Bank, with the deal expected to close in March 2019.
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Chambersburg credit union seeks growth in York County
Chambersburg-based 1st Ed Credit Union is planning to expand its customer base to include students, employees and their immediate families in the York County school districts, according to the state banking department.
Read More »FNB has closed 20 branches since May, including three in Central Pa., Lehigh Valley
As part of a consolidation plan announced in June, Pittsburgh-based FNB Corp. has closed 20 branches of its retail banking subsidiary, First National Bank of Pennsylvania.
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$1.2M offer from Maryland business owner is enough to buy Hauser Estate
The bankrupt parent company of Jack's Hard Cider and Hauser Estate Winery has a new owner.
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