A legal case over a stormwater levy enacted in 2016 by West Chester borough, one of dozens of municipalities around Pennsylvania that have added the fees over the last few years to cope with stormwater runoff and comply with environmental regulations, has pitted it against West Chester University.
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Could games help people save more?
A state representative from East Stroudsburg, Rosemary M. Brown, has introduced House Bill 858, which would encourage savings accounts with some of the excitement of a lottery or raffle.
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Firm builds tools to ease financial worry
Managers at Conrad Siegel looked at personal-finance statistics from a variety of sources and figured there must be a better way to help clients and their employees plan for a secure future. So the Harrisburg-based employee-benefit and investment-advisory firm set about to create online planning tools that would take at least some of the mystery, as well as the stress, out of financial planning.
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A Conversation With: Steven Buterbaugh
Steven Buterbaugh, 54, is president and CEO of York-based McConkey Insurance and Benefits, which he joined in 1991.
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Platform aims to turn small-business customers into investors
Honeycomb Credit, a Pittsburgh-based technology firm, has built a crowd-funding program that it is hoping to bring to small businesses across Pennsylvania.
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ACNB Corp. plans acquisition with Maryland bank
Gettysburg-based ACNB Bank will have a second subsidiary bank in Maryland if a planned acquisition is completed with Frederick, Maryland-based Frederick County Bancorp Inc.
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Friends without benefits: Experts warn of dangers from alternative payment systems
Digital and person-to-person payment services such as PayPal offer the convenience of clicking a few buttons – instead of cutting physical checks or going through the hassle of a wire transfer - but businesses and individuals alike should beware of the potential for fraud in these kinds of transactions.
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After Wolf veto, EITC backers hope for compromise
State lawmakers are pushing to expand a program giving tax breaks to companies that donate to nonprofit educational and scholarship organizations, including private schools, but the governor is pushing back. This month he vetoed a bill that would have expanded the popular program, known as the Educational Improvement Tax Credit program.
Read More »Corporate distress calls for clear M&A process
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>
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Scranton bank to open Lebanon-area office
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.
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Reaching eastward, S&T Bancorp to buy DNB Financial for $206M
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.
Read More »Guest view: Retirement plans should be piece of M&A puzzle
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.
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A Conversation With: Andrew Barninger
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.
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Orrstown Bank names capital region market president
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.
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Seminar puts spotlight on fraud at small nonprofits
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.
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