A Jan. 13 story on page 9, "Two Pa. Banks in Deal to Gain Edge Locally," incorrectly stated that Penn Laurel Financial Corp. plans to buy Clearfield Bank and Trust Co. In fact, the deal is considered a merger of equals.

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The Executive Changes column Thursday confused two companies: Gateway American Bancshares of Fort Lauderdale, Fla., and the unrelated Gateway American Properties Corp. of Denver, a land development company.

John Lyons is chief executive officer of the Florida company, which owns Gateway American Bank. Harvey E. Deutch remains the CEO of the Colorado company.

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