An extension to the Paycheck Protection Program (PPP) from March to May allowed more time for small firms and businesses looking to draw from the program for a second time to benefit from it. But without additional funds, the program is expected to dry up soon.
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Univest Financial opens first Cumberland County office
Univest Financial’s first Cumberland County regional office opened this month at 4601 Carlisle Pike in Mechanicsburg.
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Mid Penn Bank promotes Heather Hall to executive vice president
Mid Penn Bank’s newest executive vice president will oversee the Millersburg-based bank’s loan and deposit activities throughout the capital and Lancaster County regions.
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Truist hires new central Pa. business banking lead
Truist Bank’s newest business banking leader for central Pennsylvania brings with him over a decade of experience with Citizens Bank and Bank of America.
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York Traditions Bank becoming Traditions Bank under brand change
York Traditions Bank of York will now be known simply as Traditions Bank.
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Riverview Financial consolidates two banks
Riverview Financial Corporation, the holding company for Harrisburg-based Riverview Bank, announced this week that it consolidated two of its Pennsylvania banks.
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F&M Trust appoints new investment and trust services leader
F&M Trust has appointed a new senior vice president and chief investment and trust services officer who will lead an internal team of 25 professionals.
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Decrease in banking issues reported to securities department; increase in vehicle loan complaints
The number of complaints and inquiries filed with the department decreased by 1,691, according to the department’s most recent annual consumer services report, released this week. During the 2013-14 fiscal year, the department received 5,885 complaints. This annual aggregation of complaints and inquiries gradually trended downward, and in the 2018-19 fiscal year, 4,194 complaints were received by the department, according to the report.
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Fraud Bingo warns seniors of scams
Scams to rip-off the elderly are everywhere, but the Department of Banking and Securities is creating awareness of those scams through a game called Fraud Bingo.
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Centric Bank honored for diversity and commitment to women
Centric Bank, based in Lower Paxton, is the 44th best bank in America to work for according to American Banker, a banking trade publication, and its CEO and leadership team draw praise as well.
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Fay Pharo-Frank: Building relationships with York Traditions
Fay Pharo-Frank knew she wanted to work for York Traditions bank years ago after having a seamless personal mortgage experience. “What I saw was an organization with a mission and a culture that was going to fully support me being the relationship-builder I wanted to be,” she said. As the branch manager for York Traditions’ ...
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Are publicly owned banks in Pennsylvania’s future?
The establishment of publicly owned banks – those owned by some form of government -- could give rise to a new lending entity in Pennsylvania that some say would directly compete with traditional banks.
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Banks look at a younger generation to fit growing workforce gap
An annual week long banking academy has been just one example of methods that local banks, along with the Pennsylvania Department of Banking and Financing, have utilized to grow interest in careers in the financial industry among young people.
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F&M Trust to close on new headquarters
F&M Trust and its holding company, Franklin Financial Services Corp., plan to both move into a larger headquarters by the end of 2020.
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Univest hires first lender for Harrisburg area
Building on its growth in Lancaster and York counties, Univest Bank and Trust Co. has hired its first commercial lender for Cumberland and Dauphin counties.
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