The company announced that Gary Cho has been named vice president of operations for DLP Lending, which provides acquisition and renovation financing for real estate investors.

PSECU has long had a commitment to student outreach on Pennsylvania’s state-run college and university campuses, but with the COVID-19 pandemic keeping most campuses practically shut down for the better part of the last year it’s become a difficult challenge.

Scranton-based Peoples Financial Services Corp., the holding company for Peoples Security Bank and Trust Co, which has branches throughout the Lehigh Valley, Poconos and Central Pennsylvania, has announced a stock repurchase plan.

In 2020 banks took on new challenges, such as declining interest rates, in response to the COVID-19 pandemic, navigating the Paycheck Protection Program and working with community businesses to help them stay afloat in any way possible during government shutdowns and restrictions.

The corporate campus features an 81,000-square-foot headquarters facility and a new flagship 5,000-square-foot, two-story, full-service financial center, which features a dedicated business center.

A bill that would allow for the distribution of $912 million in COVID-19 relief measures to restaurants, schools, employers, tenants and landlords has been approved by the Pennsylvania Senate.

During the first round of Paycheck Protection Loans last year, Customers Bank of West Reading was able to assist in more than 100,000 PPP loans totaling more than $5 billion.

No more pressing “1” for customers of People First Federal Credit Union. The Allentown-based credit union, has added new technology to its customer service operations that has replaced the old-fashioned phone menu with a virtual assistant powered by artificial intelligence.

Fueled, in part, by loans designed to help small business through the pandemic, American Bank of Allentown reported record earnings for 2020, an increase of 11% over 2019.

Stroudsburg-based ESSA Bank & Trust has made some management changes to its Lehigh Valley Commercial Banking team.