Hey, no big deal. Come in and replace a president and CEO who has been in his post for 17 years and at the company for more than 40.
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Finance
Value in market volatility?
For investors chasing yield in a stock market that has been mostly flat or down since last May, the magic button that leads to consistent growth during a market correction can be hard to find.
Read More »Rising interest rates could prompt some borrowers to act in 2016
When the Federal Reserve Board of Governors raised its interest-rate target in December, businesses raised concern over the cost of borrowing money.
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How banks paid off $45.1M in debt
A rash of borrowing and capital raising at midstate community banks is tied to the payback of government funds ahead of a potentially steep hike in interest rates.
Read More »BB&T to close National Penn deal April 1
BB&T Corp. expects to close April 1 on its $1.8 billion acquisition of Allentown-based National Penn Bancshares Inc.
Read More »AgChoice Farm Credit latest tenant for Delta Pointe
Delta Development Group Inc. will be welcoming another tenant at its Delta Pointe business park near the intersection of Route 114 and Interstate 81 in Silver Spring Township.
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Orrstown adds two to board, with eyes on potential growth
Shippensburg-based Orrstown Financial Services Inc. has expanded its board of directors by two, bringing the total to 12 members, and one of the new faces is familiar in the midstate.
Read More »ENB earnings up in fourth quarter, down for the year
Though ENB Financial Corp. saw full-year earnings dip in 2015, it ended the year on a bright spot and continued a resurgence that began in the summer.
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F.N.B. says no Metro Bank branch closures after acquisition
F.N.B. Corp. has decided it won't close any existing Metro Bank branches when it officially absorbs Metro's Swatara Township-based holding company in February.
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16 Lists for 2016: Tax preparation firms
The Business Journal is celebrating our upcoming Book of Lists with 16 Lists for 2016. Between now and Feb. 1, we're posting the top five companies from 16 of our most popular lists, giving you a sneak peek of what's coming in the 2016 Book of Lists.
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Miller stepping down after 35 years at helm of PeoplesBank
For the third time in about three weeks, a long-time midstate community bank CEO has announced his retirement.
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F.N.B., Metro shareholders to vote on deal Thursday
This is a big week for F.N.B. Corp.'s proposed acquisition of Metro Bancorp Inc.
Read More »‘Serious interest’ in mostly vacant former PSECU building
The former headquarters of the Pennsylvania State Employees Credit Union remains on the block, though it is still being used as leased space.
Read More »Newsmakers: Pennsylvania chamber names board members
Companies in the midstate have announced new hires and promotions in the following industries: accounting, architecture and engineering, associations, banking and finance, education, government, health care, insurance, law, law enforcement, <a...
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Local banks repay federal loans ahead of interest-rate hike
After borrowing $6 million from a Williamsport-area bank at the end of 2015, Centric Financial Corp. of Lower Paxton Township joined the list of midstate banks that are avoiding higher interest rates on federal funds doled out to boost lending to small businesses during the recession.
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