Pennsylvania

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.

The bank said it could record a $7 million charge in the second quarter after the client unexpectedly closed in May.

The Pittsburgh regional, once among the most industry’s most active acquirers, hasn’t bought a bank in more than two years — and it’s in no rush to do so.

The digital bank has grand ambitions for its new student loan refinancing platform as it looks to finally turn a profit for its parent company, Customers Bancorp.

A court decision brings much needed clarity to the complex world of money transmitter licensing by holding that the transmission of information alone is not engaging in the business of money transmission under Pennsylvania law, writes Anita Boomstein, a partner with Manatt, Phelps & Phillips, LLP.

State and local officials have pushed back against retailers that don’t take cash, and now some are pressuring electric vehicle firms to expand payment options at charging stations.

Brittany Baker is taking over for Barbara Vitolo, who is retiring after more than two decades at the Pennsylvania-based credit union.

DNB had been facing pressure from an activist investor to consider selling itself.

While Noah Bank’s CEO has been accused of self-dealing in connection with SBA loans, its chairman says the directors had a succession plan ready to go and are rallying to rescue the bank’s reputation.

Its CEO says organic growth is preferable, but after spending five years tackling a series of enforcement actions tied to BSA compliance, the Pennsylvania bank has options.

The two leagues expect to spend the rest of this year integrating the merger, which will become effective no later than Jan. 1.