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.

Harrisburg area-based Keystone Agency Investors has formed an equity partnership with The Yurconic Agency, an independent insurance agency serving the Lehigh Valley.

The first graduates of the Real Estate Lab in Allentown now have access to capital.

Racial inequities in the unemployment count persist, according to the United States Department of Labor’s April Jobs Report.  

Mid Penn Bancorp Inc., the parent company of Mid Penn Bank, announced that it has completed its underwritten public offering of 2.99 million shares of common stock at a price of $25 per share, before underwriting discounts.