Pennsylvania

Pennsylvania State Employees Credit Union returned $22 million to its members.

The settlement of a fight with an insurance company over officer and director coverage yielded a $6 million payout for FNCB in Dunmore.

A U.S. District judge in Scranton denied the student lender's motion to dismiss the suit.

The Wilmington, Del., company has identified the 30 branches it plans to close or sell following its acquisition of Beneficial Bancorp in Philadelphia. Most of the closures will take place in Pennsylvania.

Pennsylvania-based institution will give back $600,000 to members next month.

As the industry relies more on digital products, credit unions are looking for ways to update their financial literacy programs to become more interactive and reach a broader audience.

CONSOL Employees Credit Union has filed an application to merge into Century Heritage Federal Credit Union.

The company will also restate financials for the first half of 2018 to correct how it classified cash flow activities tied to commercial mortgage warehouse lending.

It is important that all parties involved in construction projects not only be aware of these regulation updates and how they will impact their projects, but also what they can do to prepare for when the legislation inevitably reaches them, writes Matt Johnner, president and co-founder of BankLabs.

Orrstown will pay $59 million in cash and stock to gain seven branches and $409 million in deposits.