Eric Holmquist was recruited in July to work as Customers Bank’s new Executive Vice President and Chief Risk Officer, bringing more than 35 years of experience in the financial services sector to the job. He will be responsible for the design and execution of the Wyomissing-based bank’s enterprise risk management program.
Read More »
Banking & Finance
Ben Franklin announces $114,500 in grants, investments
Ben Franklin Technology Partners of Northeastern Pennsylvania has announced its latest round of investments.
Read More »Court says state’s lawsuit against student loan giant Navient can proceed
State Attorney General Josh Shapiro’s lawsuit against student loan service provider Navient for allegedly engaging in deceptive lending practices may proceed to trial, the U.S. Court of Appeals for the Third Circuit has ruled.
Read More »DCED announces new funding for state’s tech sector
The Pennsylvania Department of Community and Economic Development and the Ben Franklin Technology Development Authority announced today that it will award nearly $1.5 million in grants to each of the four Ben Franklin Technology Partners in the state.
Read More »A second round of COVID-19 relief money now available in Carbon County
Henderson said the grants aim to offset costs needed to reopen or make accommodations to continue doing business during the pandemic such as paying for PPE, installing or adding safety and protective barriers, additional disinfection supplies or professional cleaning services.
Read More »Carbon County has $5.8M in PPP grants for small business, nonprofit and others that ‘fell through the cracks’
The focus of the county grants is to help shore up funding for those who missed out on Paycheck Protection Program or Economic Injury Disaster Loan program benefits, said Kathy Henderson, director of economic development at Carbon Chamber and Economic Development Corporation in Lehighton.
Read More »Coin shortage having minimal impact on local business
Those in the financial industry say the slowed economy, hoarding and a COVID-19 pandemic related reduction in production at the U.S. Mint have all led to the shortage in coins.
Read More »‘CPA Evolution’ initiative to add advanced tech skills to accountants’ toolbox
As the CPA profession adopts a technologically advanced skill set to maintain the public’s trust, professional trade groups are working with licensing bodies on a multi-year initiative to “evolve” the CPA licensure model, with a goal of unveiling a new uniform exam by Jan. 1, 2024.
Read More »Three local startups receive funding from Ben Franklin
Enigma Networkz LLC of Reading, Phoenix Hockey USA LLC of Tatamy and ProdHealth Inc. of Bethlehem are three of the local early-stage technology-based firms to receive part of a $210,500 in investment from Ben Franklin Technology Partners of Northeastern Pennsylvania.
Read More »PNC Financial adds 2 executives, including one to oversee its $1B anti-racism commitment
PNC Financial Services Group, parent company of PNC Bank, the largest consumer bank in the commonwealth with a substantial footprint in the midstate and Lehigh Valley regions, recruited two new executive committee members this week, one of whom will lead the company’s fight to eradicate systemic racism while the other heads the asset management services division.
Read More »