News Topic: pennsylvania

Bob Ramsey, who had worked for FBR Capital Markets for more than a decade, will handle investor relations and strategic planning at Customers. ... Read full article

Quaint Oak in Pennsylvania is making a big push in real estate brokerage, a business that many state-chartered banks might think is illegal for them to pursue. ... Read full article

Bryn Mawr Bank has launched a mutual fund at a time when heightened competition and regulatory oversight are the norm. ... Read full article

Delmar will buy Liberty Bell Bank in New Jersey, which had survived a debilitating six-year battle for control with a former CEO. Liberty Bell also suffered from corporate theft and a check-kiting scandal. ... Read full article

The Pittsburgh company, pleased with employee and client retention from its March purchase of Yadkin Financial, is looking to hire lenders from other institutions. ... Read full article

Leaf Commercial Capital originates about $500 million in loans annually tied to equipment and software purchases. ... Read full article

Customers Bancorp is weighing two cash offers and other options for BankMobile after Flagship Community Bank was unable to raise the capital needed to buy the unit. ... Read full article

Regulators have hinted that they're warming up to the idea of startups, but industry veteran George Groves is raising money to buy an existing bank because he fears the approval process will take too long. ... Read full article

The rising regional player has also appointed new chairs for four board committees as it prepares for the retirement of several long-serving directors. ... Read full article

Northwest, which produced lackuster first-quarter results, said it will close all 44 offices of Northwest Consumer Discount Co. by mid-July. The unit’s loans will be transferred to Northwest’s bank for servicing and collections. ... Read full article

Merger-related expenses cut into the Pittsburgh company's earnings, though management is excited about growth opportunities in North Carolina. ... Read full article

Loan growth and increased fee income helped offset slightly higher expenses in the first quarter. ... Read full article

First Commonwealth in Pennsylvania is turning to a third party’s specialized software as the CECL standard makes forecasting credit losses more complicated. Other banks could follow. ... Read full article

Mid Penn agreed to pay $59 million for Scottdale Bank in a deal that is expected to close in the third quarter. ... Read full article

First Bank, based in New Jersey, will pay about $27 million for Bucks County Bank in a deal that is expected to close in the third quarter. ... Read full article

The bank will have $700 million in assets under management after it buys HJ Wealth Management in Pennsylvania. ... Read full article

The company is selling common and preferred stock in a private placement. ... Read full article

Kim Ruth once served as a state president for Bank of America in Texas. ... Read full article