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Donegal’s top exec to retire
Donald H. Nikolaus is stepping down in September as president and CEO of Donegal Mutual Insurance Co. after 37 years at the helm.
Worley & Obetz files bankruptcy, faces class-action suit
Worley & Obetz filed for bankruptcy Wednesday and is now facing a class-action lawsuit filed by two former employees who allege the company violated a federal law that requires 60-day notice of mass layoffs.
Regulators OK merger of Mid Penn and First Priority
Mid Penn Bancorp Inc. and First Priority Financial Corp. said last week they have received all required approvals from regulatory agencies to complete their proposed merger.
Fulton and F&M Trust confirm credit loss due to Worley & Obetz
Fulton Financial Corp. Tuesday confirmed that Worley & Obetz Inc. is the borrower that caused the bank to lose millions of dollars. F&M Trust confirmed the same on Wednesday.
Worley & Obetz closes
Worley & Obetz - once one of Central Pennsylvania's largest private companies - has closed.
State pension system picks vendors for new savings option
Nearly a year after Pennsylvania lawmakers passed pension reform, the state's pension fund for school employees has selected vendors for the new 401(k)-style elements that will be available next year.
Worley & Obetz: What we know now
Last week brought news of a Lancaster energy company facing a fraud investigation and three Pennsylvania banks reporting multimillion-dollar losses. Here's what we know as of Monday morning.
Orrstown plans to merge with Mercersburg Financial
Orrstown Financial Services Inc. has announced plans to merge with Mercersburg Financial Corp., the holding company for First Community Bank of Mercersburg.
Unexpected succession: How Members 1st moved on after beloved leader’s sudden death
It was over the July 4th holiday weekend last year when George Nahodil received news of Bob Marquette's passing.
Utility rate cuts spare Columbia Water
A ruling by the Pennsylvania Public Utility Commission last week will bring relief to most utility customers statewide by cutting their rates to reflect recently lowered federal taxes.
New community bank planning summer launch in midstate
Andrew Samuel last year hinted he was coming back to the area, and today he made it official.
Former Carlisle diner owner sentenced to prison for income tax evasion
A former Cumberland County business owner is going to prison for income tax evasion.
