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The company agreed to pay $32 million for Mercersburg Financial.
June 1 -
Fulton Financial, Univest Corp. of Pennsylvania and Franklin Financial Services disclosed a total of $75 million in exposure to the commercial relationship.
May 31 -
The Pennsylvania company agreed to pay $17 million for Community First. It is Emclaire's third bank acquisition deal since early 2016.
May 25 -
Lawmakers can finally deliver long-promised regulatory relief if the House passes S. 2155 this week – the added benefit being that it will improve the lending process for credit unions and consumers alike.
May 21
Pennsylvania Credit Union Association -
Total loans at Old Dominion National Bank have tripled since 2016.
May 17 -
The $18 million-asset credit union has lost money each year since at least 2015. Service 1st, meanwhile, made more than $3.1 million last year.
May 15 -
Citizens Financial Group plans to merge its two banking charters into a single national bank. The move would make the OCC the bank's primary regulator and eliminate the costs of dealing with the FDIC and state officials.
May 10 -
Lorie Shannon, recruited from SunTrust, will oversee a strategy that features large, non-QM mortgages in key markets.
May 7 -
The Pittsburgh bank opted to give more than half of its employees $2,000 pay hikes instead of the bonuses handed out by many rivals.
May 7 -
Dollar Bank has applied to form a mutual holding company as it nears a key regulatory threshold.
May 2 -
Domenick & Associates also specializes in serving social service organizations.
May 1 -
Because of the Durbin amendment, the once-prized asset has become an albatross. Spinning it off will remove a distraction and let management refocus on business banking.
May 1 -
A new sign at the Pennsylvania-based credit union is drawing eyeballs – approximately 6.5 million per year.
April 30 -
First Keystone, which gave no reason for Matthew Prosseda's abrupt departure, has formed a search committee to find a permanent replacement.
April 25 -
The company benefited from increases in residential and construction lending.
April 17 -
Latrobe Area Hospital Federal Credit Union chose the new provider to improve its member-facing technology, and save both time and money.
April 5 -
Latest ADA website lawsuit against a credit union filed in Eastern District of Pennsylvania.
March 30 -
Timothy Zimmerman is optimistic about regulatory relief and the capabilities of the association's next CEO, but he remains wary of nonbank competition and cybersecurity risk.
March 13 -
Howard Bancorp and Bryn Mawr Bank are trying different approaches to reach out to underserved markets they’ve entered via acquisitions. Creative in-house initiatives may take on added importance as regulators move to "dial back" Community Reinvestment Act rules.
March 7 -
The $86 million-asset credit union often had to rely on paper-based, manual proceses prior to the conversion.
March 6
















