Even during favorable economic conditions, certain companies will falter. While some of these companies may prove beyond repair, others can be turned around under proper leadership. But there is a process that needs to be followed for companies interested in purchasing these distressed companies, as outlined here>

Scranton-based Peoples Security Bank & Trust is venturing into Central Pennsylvania for the first time with an office opening in North Cornwall Township, Lebanon County.

S&T Bancorp, the holding company for S&T Bank, is buying DNB Financial Corp., the parent company of DNB First in Chester County, for $206 million in stock.

Throughout the M&A process, executives are hyper-focused on company synergies and big-picture goals. As a result, one very important factor often goes overlooked – the employer’s retirement plans. There are many details to consider when acquiring a company. Understanding the seller’s retirement plan and how it will fit within the current benefit structure is vital to success.

Andrew Barninger, 30, joined Personal Wealth Advisory in 2013 and was recently named partner. He will be involved in launching NextPhase, which will focus on business transition planning.

Orrstown Bank has expanded its leadership team in the Harrisburg area, naming Zack Khuri to the new position of market president for the capital region.

At least once a week Fred Croop, an accounting professor at Misericordia University, opens up the newspaper and finds some case of fraud occurring at a nonprofit organization.

The new CFO of Cumberland County-based Central Penn College brings with him years of experience as an administrator and financial manager of a number of Pennsylvania schools.

Univest Bank and Trust Co. is making plans to enter the York County market while beefing up its staff in Lancaster County.