November 17, 2017 RSS feed / News

Banking Outlook 2018

Bank executives keep a close eye on the uncertain federal regulatory landscape

Rising interest rates, an eased regulatory environment for business and industry, the promise of significant corporate tax cuts, a low unemployment rate, and an optimism among business owners that may no longer need to be prefaced by the word “ More...

Fed leadership overhaul widens under Trump

WASHINGTON (AP) – A revamping of the Federal Reserve’s leadership is widening with the announcement Monday that William Dudley, president of the New York Fed and the No. More...

NCDMM award cash scholarships at career awareness day

BLAIRSVILLE, PA - To commemorate national Manufacturing Day, the National Center for Defense Manufacturing and Machining (NCDMM) participated and sponsored The Challenge Program, Inc.’s Polytechnic Career Awareness Event held on Wednesday, Oct. More...

S&T Bank selling majority ownership of S&T evergreen insurance to The Reschini Group

INDIANA, PA – S&T Bank, a full- service financial institution with assets of $7.2 billion, is selling majority ownership of S&T Evergreen Insurance to The Reschini Group. More...

Penns Woods Bancorp shifts leadership with three promotions

WILLIAMSPORT, PA – Brian L. Knepp has been promoted to president of Penns Woods Bancorp, Inc. and Karen S. Young to president of Jersey Shore State Bank.  In addition, Stephanie A. More...

Mutual Benefit Group and EITC program provides $120,000 for Huntingdon County children’s programs

HUNTINGDON, PA – Mutual Benefit Group recently provided a combined $120,000 for two Huntingdon County children’s programs. The Huntingdon Community Center received $90,000 and $30,000 was designated to the Huntingdon County Library.  More...

National economy continues to grow as tax reform’s future remains unclear

As the national economic picture continues to improve, business owners in Pennsylvania have become increasingly optimistic about their bottom line for 2017 and the projections for growth in sales and hiring for 2018. More...

Economic recovery misses majority of Americans as wealth gap widens

(AP) – Incomes are up, the stock market is soaring, and home prices have largely recovered from the mortgage meltdown. But Americans still haven’t regained all the wealth they lost and, on the whole, are worse off than in 1998.  More...

IUP business students win New Venture Competition

INDIANA, PA - On Nov. 3 IUP students Dillon Hagy and Tony Juhasz won the first prize of $5,000 at the inaugural Business of Humanity New Venture Competition held at the University of Pittsburgh. More...

CBT Bank makes contribution to Penn State, DuBois

DUBOIS, PA – CBT Bank recently made a $5,000 to the CBT Scholarship fund at Penn State DuBois. The bank has pledged to make annual contributions to the fund, which will be distributed in its entirety to qualifying students each year.  More...

Muncy Bank and Trust Company opens new Linden community office

LINDEN, PA – The Muncy Bank and Trust Company recently held a ceremonial ribbon cutting to announce the opening of a new Muncy Bank Community Office at 7520 South Rte. 220 in Linden.  More...

F.N.B. Corporation donates to relief efforts

PITTSBURGH, PA – F.N.B. Corporation announced it will provide a total donation of $25,000 to benefit relief efforts for victims of the Las Vegas tragedy and for the devastation caused by Hurricane Maria in Puerto Rico. More...

Transportation coalition updates public on infrastructure funding

STATE COLLEGE, PA – Local business and government leaders attended an informational news conference addressing the latest developments in the possible funding of both a new high- speed interchange between I-99 and I-80 and the expansion of U.S. More...

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