Pa.'s First WesternTo Buy Mellon Branch
NEW CASTLE, Pa.-First Western Bancorp plans to buy a branch that Mellon
The $1.7 billion-asset banking company has agreed to buy the building,
The deal would give First Western about $43 million of deposits.
First Western has also agreed to hire the 10 Mellon branch employees.
Terms of the deal, which is expected to close in the third quarter, were
Stephen R. Sant, First Western's executive vice president, said buying
WASHINGTON-Holyfield-Tyson II wasn't the only freakish event to take
Robert Pincus, chief executive officer of Franklin National Bank,
The accident took place after Mr. Pincus watched the heavyweight title
Bank officials said Mr. Pincus was expected to return to Washington this
"The good news is he's going to be O.K.," said Albert D'Alessandro, the
Mr. Pincus had won the Entrepreneur of the Year award for metropolitan
PHILADELPHIA-Thrift investor Jerome H. Davis is at it again.
The activist investor has written a letter to a Pennsylvania thrift
Mr. Davis, who owns a 9.03% stake in $120 million-asset Pennsylvania
In his letter to its board, Mr. Davis spelled out what he thinks should
He suggested at least a 50% cut in compensation for management and a
He also wants Pennsylvania Savings to pay larger regular and special
Pennsylvania Savings officials could not be reached for comment.