Businesses and individuals considering bankruptcy during the pandemic might be holding off for now while the crisis unfolds, but experts expect bankruptcies to rise as companies continue to struggle.
Read More »
Banking & Finance
Mid Penn Bank to close Malvern, Pillow, Vanderbilt locations
Mid Penn Bancorp, the parent company of Mid Penn Bank, announced it will close three branches in the bank’s retail network by the end of the year as part of a consolidation strategy.
Read More »Suspected fraud delays Pa.’s Pandemic Unemployment Assistance
The Pennsylvania Department of Labor and Industry said there is going to be a delay in payments for new applicants to the Pandemic Unemployment Assistance program after it detected potential fraud.
Read More »Owners are taking a strategic look into business succession during COVID-19 pandemic
In the coronavirus era the path to small business succession and exit planning is lined with planning, purpose, flexibility and careful choices.
Read More »A Conversation With: Michael Fisher, president and CEO of Client 1st Financial
Client 1st Financial was established in 2011, has over 637 clients and manages $177M in assets. Client 1st is located in Fogelsville and serves clients in 23 states. Michael J. Fischer, president and CEO is a lifelong resident of the Lehigh Valley who has been in the financial services field for over 32 years.
Read More »Shift4 announces proposed stock offering
The Allentown company, which makes point-of-sale ordering and payment processing solutions, primarily for restaurants, had its initial public offering on the New York Stock Exchange in June.
Read More »Julia Brinjac: Innovation in state policy
When Julia Brinjac, policy director for the Pennsylvania Department of Banking and Securities, first planned for what her career would be, she thought she would need to familiarize herself with one subject matter and find her niche.
Read More »People First FCU names new CEO
People First Federal Credit Union has selected a new chief executive in Howard Meller, who is set to take over following the retirement later this year of outgoing CEO Jeffrey Albert.
Read More »Lawmakers seek to close coverage gaps in COVID business insurance
A bipartisan bill in the General Assembly would require Pennsylvania insurance companies to cover COVID-19-related business interruptions and property damage for policyholders.
Read More »Pa. man gets 2 years probation for bank fraud
A former vice president of a Harrisburg-based credit union was sentenced to one day in prison and two years of probation after pleading guilty to committing bank fraud earlier this year.
Read More »