The Pennsylvania Department of Community and Economic Development and the Ben Franklin Technology Development Authority announced that $14 million in state funding has been approved for the Ben Franklin Technology Partners.

Mid Penn Bancorp Inc. of Millersburg has announced it will be acquiring Harrisburg’s Riverview Financial Corp. for approximately $124.7 million. The deal will be an all-stock transaction and the value is based on Mid Penn’s closing stock price of $27.47 on June 29.

Ben Franklin Technology Partners of Northeastern Pennsylvania announced that it recently invested $275,000 with five companies in the region.

People First Federal Credit Union, which currently has its headquarters on Downyflake Lane in South Allentown, is moving to downtown Allentown.

Over this past year, during the COVID crisis, many bank lobbies have been shuttered, making neighborhood banking seem like a thing of the past. But for small business owners, this crisis has brought home just how important it can be to have a strong partnership with a local bank.

Jeff Scheuren is the president and chief operating officer of Fulton Mortgage Company, a division of Fulton Bank. He has 29 years of experience in mortgage lending. 

Bowery Farming, which is bringing a $32 million indoor vertical farm to Bethlehem, said it has secured $300 million in Series C funding to help accelerate its growth.

The Pennsylvania Industrial Development Authority is providing low-interest loans for the construction of a new medical facility in Hanover Township, Northampton County and for the purchase of manufacturing and processing equipment in Quakertown.

Lancaster-based Fulton Bank is set to train its employees to meet the housing needs of underserved areas in the midstate through a partnership with a national mortgage banker association.

Customers Bank, headquartered in West Reading, is expanding to Florida and Texas and extending its presence in the Midwest. The bank will open branches in Orlando, Dallas, and Chicago, according to a release.