News Topic: pennsylvania

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. ... Read full article

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

A lot has changed since Hill first entered the city, but he is determined to stick with the branch-dependent strategy he relied on before his ouster from Commerce Bank a decade ago. ... Read full article

PNC, which has been the city's dominant bank for decades, and other local banks could face pressure as industry heavyweights expand in the market. ... Read full article

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

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

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. ... Read full article

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. ... Read full article

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. ... Read full article

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

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. ... Read full article

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. ... Read full article

Meridian Corp. may have breached sales agreements after originating nearly $100 million in loans in a state where it lacked a license. ... Read full article

The tech company denied allegations from Bessemer System Federal Credit Union regarding security issues and other problems with Fiserv's services. ... Read full article

The acquisition also includes $525 million in deposits and $120 million in loans. ... Read full article

With an implementation deadline less than a year away, bankers will be pressed to detail how a new accounting rule for loan losses will affect reserves, earnings and capital. ... Read full article

The deal will give Janney greater access to the community banking sector. ... Read full article

The Pennsylvania company said it expects the digital bank to become profitable by the end of this year. ... Read full article