News Topic: pennsylvania

The Pittsburgh regional detailed plans to enter a number of new markets with its digital bank and carefully chosen branch openings. ... Read full article

PNC revealed the plan as part of its report of strong second-quarter results, and CEO Bill Demchak said it is an example of the regional bank's growth-oriented investments. ... Read full article

The regional bank's move is part of an industrywide transformation of call centers and operations centers to handle more complex tasks and trim costs. ... Read full article

Northwest Bancshares in Pennsylvania, which built a reputation as an active acquirer, is taking a step back under Ronald Seiffert to evaluate ways to grow without M&A. ... Read full article

While there are many reasons consolidation has slowed in the Keystone State over recent years, there are factors in play that could lead to a resurgence in activity. ... Read full article

CB Financial Services said its current CEO, Barron McCune Jr., was retiring and would be replaced by its president. ... Read full article

Donegal Group and Donegal Mutual Insurance are selling the holding company for Union Community Bank in Lancaster County. ... Read full article

Add S&T Bancorp to the list of lenders that appear to have exposure to a Pennsylvania fuel supplier dealing with alleged employee fraud. ... Read full article

The company agreed to pay $32 million for Mercersburg Financial. ... Read full article

Fulton Financial, Univest Corp. of Pennsylvania and Franklin Financial disclosed a total of $75 million in exposure to the commercial relationship. ... Read full article

The Pennsylvania company agreed to pay $17 million for Community First. It is Emclaire's third bank acquisition deal since early 2016. ... Read full article

Total loans at Old Dominion National Bank have tripled since 2016. ... Read full article

Citizens Financial Group plans to merge its two banking charters into a single national bank. The move would make the OCC the bank's primary regulator and eliminate the costs of dealing with the FDIC and state officials. ... Read full article

Lorie Shannon, recruited from SunTrust, will oversee a strategy that features large, non-QM mortgages in key markets. ... Read full article

The Pittsburgh bank opted to give more than half of its employees $2,000 pay hikes instead of the bonuses handed out by many rivals. ... Read full article

Dollar Bank has applied to form a mutual holding company as it nears a key regulatory threshold. ... Read full article

Domenick & Associates also specializes in serving social service organizations. ... Read full article

Because of the Durbin amendment, the once-prized asset has become an albatross. Spinning it off will remove a distraction and let management refocus on business banking. ... Read full article