Pennsylvania

The Mechanicsburg, Pa.-based credit union has revamped its financial literacy offerings to align with in-school curricula on the topic developed by the Pennsylvania Department of Education.

Craig Howie, who joined the bank after a merger, will succeed the retiring Jon Evans on Jan. 1.

George Cook could have joined Somerset Trust, where his father is CEO. Instead, he founded Honeycomb Credit, a crowdfunding platform that competes with banks.

More banks in the state are considering acquisitions to cut costs and combat margin pressure.

The Pennsylvania company gained $67 million in assets under management as part of the acquisition.

The former credit union employees are now banned from working at federally insured institutions.

The Pennsylvania company will pay $346 million for MutualFirst Financial.

The complaint alleges the lead plaintiff was charged two separate fees for the same transaction and she didn't have sufficient funds.

A strong economy, low-cost deposits and disruption from M&A are presenting opportunities.

Once the Pennsylvania Credit Union Association and the New Jersey Credit Union League complete their merger, the group will go by CrossState Credit Union Association.

Joel Slagan takes over for Carrie Wood, who resigned from the Pennsylvania-based institution.

The Pennsylvania community bank has seen rapid growth in recent years, thanks in large part to its success in attracting women clients.

The company will offer deposit-related services to firms with permits for hemp and CBD.

How is the Pennsylvania bank trying to differentiate itself in wealth management? By assembling a team of private bankers to cater to the complex needs of high-net-worth clients.

After two consecutive quarters of losses, People's Choice FCU will merge into CityMark FCU when its longtime CEO retires this fall.

Santander Bank's U.S. unit will be eliminating 80 mortgage-related positions as it withdraws from the third-party origination sales channel and refocuses on producing home loans through its branch network.

Large banks are going from more rural areas to expand in cities like Pittsburgh. Credit unions in the affected markets will have to adapt to survive.

CEO William Demchak, encouraged by early returns from new branches in Dallas and Kansas City, Mo., plans to enter even more markets.

CUs in the Keystone State saw loan balances rise by 8.5%, while membership rose more than 3.3% to top 4.2 million.

The $60 million acquisition will allow ACNB, which is based in Pennsylvania, to enter a new market.