Commercial Banking

Commercial Interest Rates

POSTED Jun 5 2023  |  1 MINUTE READ

During these periods of uncertainty, it is especially important to strengthen the relationship with your community banker who can provide meaningful advice to inform decisions affected by interest rate volatility. For example, the inversion of the yield curve creates a dynamic where short-term rates are higher than long-term rates presenting an opportunity for selecting the optimal loan term. The following link provides additional ideas and considerations to discuss with your community bank adviser who is eager to help with those important decisions affecting your business.

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In the Community

What Community Means

POSTED Jun 1 2023  |  1 MINUTE READ

Being a commercial banker in my hometown of Grove City is truly a blessing. It allows me to be involved in various boards, committees, and action groups that can make a difference in the community I love. Many friends and family ask, “Do you have time to sleep?” And I happily respond, “When you are born and raised in a wonderful community, it makes you want to give back.”

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Commercial Banking

Check Fraud on the Rise

POSTED Jun 1 2023  |  1 MINUTE READ

Last year, reports of check fraud filed by banks nearly doubled to 680,000, from 350,000 in 2021, according to FinCEN. The FinCen network said it issued the alert last month in collaboration with the U.S. Postal Inspection Service, the law enforcement arm of the post office. USPIS said it received more than 299,000 complaints of mail theft from March 2020 through February 2021, a 161 percent increase from a year earlier.

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Commercial Banking

Small Business Optimism

POSTED May 4 2023  |  1 MINUTE READ

Is your business facing recruiting and retention challenges? Has inflation and price increases in 2023 had an impact on your budget, topline revenue and margins? Is managing your business’s cash flow keeping you up at night? When we meet with our business clients they answer: Yes, Yes, and Yes!  However, there is no more resilient part of the U.S. economy […]

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Earnings/Dividend

Mars Bancorp, Inc. Announces Dividend

POSTED Apr 28 2023  |  1 MINUTE READ

MARS, PENNSYLVANIA – Mars Bancorp, Inc. (OTCQX: MNBP) today announced that it declared a quarterly cash dividend of $0.165 per share. The dividend is payable on May 26, 2023, to shareholders of record as of the close of business on May 12, 2023.

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