News Topic: pennsylvania

Timothy Zimmerman is optimistic about regulatory relief and the capabilities of the association's next CEO, but he remains wary of nonbank competition and cybersecurity risk. ... Read full article

Howard Bancorp and Bryn Mawr Bank are trying different approaches to reach out to underserved markets they’ve entered via acquisitions. Creative in-house initiatives may take on added importance as regulators move to "dial back" Community ... Read full article

Juniata Valley Financial used a combination of patience and guile to land a hard-to-get Pennsylvania bank after wooing it for more than a decade. ... Read full article

The Charlotte, N.C., company will open 500 new branches and hire 5,400 employees as it continues to expand in midsize cities across the country. ... Read full article

William Parsley was most recently PNC's chief investment officer and treasurer and had previously served as head of consumer lending. ... Read full article

Codorus Valley Bancorp fired Dwight Utz, the head of its bank unit, "without cause" just a few weeks after reporting earnings of $12 million for 2017. ... Read full article

The Pittsburgh company reported a noisy fourth quarter that included expenses tied to its purchase of Yadkin Financial and a reduction in the value of its deferred tax assets. ... Read full article

The new tax law led to a nearly $16 million charge at the Pennsylvania bank, but it reported 7% loan growth and an 8% increase in fee income. ... Read full article

The company agreed to buy First Priority Financial for $82 million in stock. ... Read full article

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. ... Read full article

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. ... Read full article

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 ... Read full article

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. ... Read full article

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

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

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

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

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