pennsylvania

New tax law adds $1B to PNC's 4Q profit

01/12/18

The Pittsburgh company got the tax-related boost from an increase in the valuation of its deferred tax liabilities. It was partly offset by several charges.

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Data security takes center stage as state legislatures convene

01/11/18

If Congress doesn’t take the lead on better protecting consumers from data breaches, states are more than ready to offer their own fixes. Bankers will also be keeping close tabs on bills related to marijuana, PACE loans and elder financial abuse.

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Ex-regulator, cybersecurity expert join PNC board

01/04/18

In adding Martin Pfinsgraff, until recently the OCC's deputy comptroller for large-bank supervision, and retired Air Force Brig. Gen. Linda Medler, a cybersecurity expert, the regional bank says it is trying to build a board with expertise in fields of timely interest.

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Customers Bancorp CEO Sidhu looks to reinvent his bank — again

12/27/17

The veteran banker wants to turn his Pennsylvania bank into a major business lender. But first he has to spin off the buzzy digital-only bank he helped build.

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Bryn Mawr in Pa. taps acquired bank's CEO to lead its banking division

12/15/17

Kevin Tylus had been CEO of Royal Bank, which Bryn Mawr recently bought.

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PNC to offer consumer loans through mobile devices

12/07/17

PNC's new consumer lending platform will be marketed on a national scale.

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CB Financial in Pa. to expand into Ohio Valley with latest acquisition

11/16/17

The company has agreed to pay $49 million for First West Virginia Bancorp, the parent of Progressive Bank.

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Meridian Bank in Pa. planning IPO

10/31/17

The company plans to use some of the offering's $48 million in proceeds to redeem preferred stock.

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Fulton in Pa. freed from several BSA consent orders

10/30/17

The OCC has terminated orders against three of Fulton's banks. The company, along with two other banks, still have BSA-related orders.

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BankMobile's long road to profitability

10/25/17

A planned spinoff, combined with several new ventures, should help BankMobile turn the corner, says Luvleen Sidhu, the digital-only bank's president.

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