Pennsylvania's largest credit union, PSECU, has launched a new debit card rewards program.

The Tax Cuts and Jobs Act of 2017, which included a lower corporate tax rate, has put more money in the coffers of the financial sector.

First Commonwealth Federal Credit Union intends to break ground this spring and eventually move its corporate headquarters to the Trexler Business Center near the newly-opened Movie Tavern in Lower Macungie Township.

For the longest time, when a new banking technology or service offering gained steam and customers began seeking it out, banks reacted by building their own proprietary solutions in-house. Big banks could handle this approach because they had scale and deeper resources in their corner; meanwhile, community banks were challenged or slow to provide offerings because of a lack of scale and shallower resources.

Since small businesses are not “one size fits all,” it makes sense that the banking solutions available to them are not either. Therefore, it is important that business owners carefully assess all banking options before choosing a business bank.

The stock markets have recovered of late, gaining back at least some of the losses from 2018 in a way that by now has become a familiar for investors.

Pennsylvania stands to gain “tens of millions” more in taxes once the state's new guidelines for collecting online sales taxes take full effect, while businesses try to figure out how to adapt to new rules in other states, as well.

Perkasie-based Penn Community Bank said it will be opening a new downtown Doylestown branch this summer.

QNB Bank of Quakertown has promoted Cheryl Morris to senior vice president, chief credit officer.