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Community Bank History: Peoples National Bank, Hallstead, Pennsylvania

Jeff For Banks

Community banks tout themselves as better than national and regional banks because of how close they are to their communities. A case in point: the First National Bank of Hallstead… now Peoples National Bank (see photo). The bank closed during the national bank holiday that was ordered by President Roosevelt in 1933.

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The Acela Primary Underway In States Where Businesses Are Struggling

PYMNTS

Through the PYMNTS/CAN Capital Store Front Business Index , we’ve been tracking the data on business health and growth in each state and then stacking those results against the regional and national picture. at large or the region. percent and regionally as a benchmark at 2.3 Pennsylvania. percent growth.

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Time Tried, Panic Tested. The Forgotten Story of the First National Bank of Keystone

Jeff For Banks

The bank, First National Bank of Keystone, was $1.1 The Bank's Rise McConnell came to the bank in 1977 from McKeesport, Pennsylvania. Another depressed town due to the general economic malaise that bedraggled the region when the steelmaking industry moved elsewhere. Clearly, blue-suit regulators stood out.

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These Are Your Most Profitable Cash Management Clients

South State Correspondent

For example, if you are a bank in California, Florida, New York, or Pennsylvania, going after private schools, colleges, or insurance companies should be considered due to not only the large number of target institutions but also the size of those institutions, which lends itself to having multiple banks.

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COVID-19 Disrupts Leisure In US, But China Expects ‘Revenge Travel’ Boost

PYMNTS

In the keystone state, the Pennsylvania Gaming Control Board data indicates that COVID-19 casino closures ordered in March caused a 51 percent fall in revenues for the month, The Daily Times reported. New COVID-19 hospitalizations in New York City fell from 386 on Tuesday to 329 on Wednesday. Statewide revenue for all casinos was $153.4

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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

“The experience of the mall CMBS [commercial mortgage-backed security] from Starwood is certainly symptomatic of the larger narrative,” said Christopher Sullivan, chief investment officer of United Nations Federal Credit Union, as reported in Yahoo! But apparently they’re doing something right in Philadelphia.

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The Warehouse Building Rush Brought By eCommerce

PYMNTS

This weekend Allen Township in Pennsylvania saw a groundbreaking …well, groundbreaking. Harrisburg and York, Pennsylvania, have historically housed large warehouse clusters, given their access to population centers, non-restrictive zoning and lots of space to build on the cheap.