Economy

FNCB donates $1,900 to the United Way of Wyoming Valley

First National Community Bank (FNCB) on April 21 announced a $1,900 donation to the United Way of Wyoming Valley as part of the Bank’s $181,000 Education Improvement Tax Credit (EITC) commitment. The donation will help the United Way provide scholarships

Norwood Financial Corp. announces first quarter earnings

Lewis J. Critelli, president and chief executive officer of Norwood Financial Corp. (Nasdaq:NWFL) and its subsidiary, Wayne Bank, announced earnings of $1,964,000 for the three months ended March 31 which represents a decrease from the $2,308,000 recor

Penns Woods Bancorp Inc. issues earnings report

Penns Woods Bancorp Inc. (Nasdaq: PWOD) said it continued its “solid earnings and growth” during the recently completed first quarter of 2014, achieving net income of $3,469,000 for the three months ended March 31 resulting in basic and dilutive earnings

Mauch Chunk Trust Financial Corporation releases earnings results for first quarter

The board of directors of Mauch Chunk Trust Financial Corporation has released earnings results for the corporation for the quarter ended March 31.Net income for the three months ended March 31 was $972,000, $230,000 more than the same period in 2013. On

Howard Gardner School benefits from FNCB donation that will fund innovative educational programs

First National Community Bank (FNCB) announced a $2,000 donation to the Howard Gardner Multiple Intelligence Charter School, as part of the bank’s $181,000 Education Improvement Tax Credit (EITC) commitment. The donation will be used to fund innovative ed

Pa Senate on April 7 passed bill to end union exemption to the state’s prohibition on stalking and harassment

The Pennsylvania Senate on April 7 passed a bill to do away with an exemption to the state’s prohibition on stalking and harassment. The exemption had allowed those involved in a “labor dispute” to engage in such threatening and otherwise illegal behavio

F.N.B. Corporation declares cash dividend payable May 15 on non-cumulative perpetual preferred stock, series E

F.N.B. Corporation (NYSE: FNB) on April 16 announced that its board of directors declared a quarterly cash dividend of $18.13 per share (equivalent to $0.45325 per depositary share or 1/40th interest per share) on F.N.B. Corporation’s non-cumulative perpe

National Penn Bancshares Inc. reports first quarter 2014 results

National Penn Bancshares Inc. (Nasdaq: NPBC) reported net income of $22.7 million, or $0.16 per diluted share, for the first quarter of 2014, compared to $21.2 million or $0.15 per diluted share in the fourth quarter of 2013, which included a non-recurrin

Fidelity Bank to ‘Teach Children to Save’ during Community Banking month

Fidelity Bank has answered the American Bankers Association’s call for bankers to “Teach Children to Save.” During Community Banking month, which takes place during the entire month of April, Fidelity will be partnering with local schools and other organi

FNCB launches ‘responsive’ website. Site changes, scales and adapts user’s device

First National Community Bank (FNCB), a leader in digital banking solutions, on April 9 became the first northeastern Pennsylvania community bank and is among the nation’s first financial institutions to utilize leading-edge responsive technology with the

Dimeco Inc. declares cash dividend

The board of directors of Dimeco Inc. (DIMC) recently declared a dividend of $0.38 per share for the first quarter of 2014, which represents a dividend yield of 3.53 percent based on the closing stock price of $43 on March 13. The dividend is payable on A

PICPA joins Pennsylvania Jump$tart Coalition to recognize ‘Financial Education Month’

The Pennsylvania Institute of Certified Public Accountants (PICPA), a partner in the Pennsylvania Jump$tart Coalition for Personal Financial Literacy, has joined with more than 40 government agencies, educational institutions, trade associations, corporat

Wegmans customers increase donations to hunger relief

During the winter 2014 checkout scanning campaign at 24 Wegmans stores, hunger relief donations soared to $973,242, a 5.3 percent increase over the winter 2013 total. Check Out Hunger allows customers to donate $2, $3, $5 or any other amount at checkout w

United Way of Monroe County reminds: 2014 annual National Association of Letter Carriers Food Drive takes place May 10

Local letter and postal carriers will again be doing their part to help feed the hungry on Saturday, May 10 during the 22nd annual annual National Association of Letter Carriers (NALC) National Food Drive.In 2013, the NALC National Food Drive collected mo

NRF urges 40-hour definition of ‘full time’ under health-care law

The National Retail Federation on April 2 urged Congress to pass the bipartisan Save American Workers Act, which would change the Affordable Care Act’s definition of full-time employment from 30 hours per week to 40 hours. NRF sent a letter to the House s

Educational breakout sessions at NEPA Alliance Government Contracting Showcase, set for April 24, announced

The Northeastern Pennsylvania Alliance Procurement Technical Assistance Center (PTAC) announced the following educational breakout sessions planned for the 2014 Government Contracting Showcase scheduled for Thursday, April 24 at the Woodlands Inn, locate

904 NEPA jobs created in 2013, Ben Franklin partners reports to DCED

The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP) has reported that 904 northeastern Pennsylvania jobs were created or retained as a result of its work in 2013. These results were accomplished in the organization’s 21-county ser

Scranton Lackawanna Industrial Building Company secures financing for the Valley View Business Park Professional Plaza

Recently awarded Pennsylvania Gaming grant completes financial plan of projectThe Scranton Lackawanna Industrial Building Company (SLIBCO), the industrial development affiliate of The Greater Scranton Chamber of Commerce, announced that it has secured all

Airmen team with Army depot to learn Lean

Air Force aircraft maintenance mechanics recently teamed up with employees here to standardize processes for work performed on a satellite communications system and tactical radios.Lean proponent and former Tobyhanna Army Depot employee Senior Master Sgt

NRF calls on Congress to level playing field for retailersRetailers encouraged by committee hearing on sales tax fairness

The National Retail Federation on March 12 urged Congress to pass legislation that would require online and remote sellers to collect state and local sales taxes, telling a House committee that lawmakers should level the playing field between local retail
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