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Tuesday, February 23, 2021
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M&T to acquire Connecticut-based Peoples in a $7.6 billion stock deal

M&T Bank Corporation is slated to become a bigger player in New England, and the Mid-Atlantic will the $7.6 billion all-stock deal to acquiring People's United Financial, Inc. M&T became the largest full-service bank in...
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Top trending: Great Wolf Lodge in Cecil County moving forward; No timetable yet

The $200 million  Great Wolf Lodge is moving forward in western Cecil County, MD, although the company stopped short of offering a groundbreaking or construction timeframe. The project was first announced in late 2018, with...
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Delaware 50th in Payroll Protection Program approvals

A report from the Small Business Administration has the First State ranking last among the 50 states in Payroll Protection Program loans. Click here  for the report. Alaska, Vermont, and the Dakotas finished ahead of...
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TD closing Marsh Road bank branch as bank trims 6% of its offices

TD Bank will close its office at 1803 Marsh Road in north Wilmington as it trims six percent of its branches  in the Mid-Atlantic and Florida. "After a thorough review, we have decided to close...
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Carney praises budget practices for helping state weather Covid-19 storm

Governor backs 40% alt energy mandate, mail-in voting Gov. John Carney credits "sustainable budget practices" that have allowed the state to weather the Covid-19 crisis. "The state of our state is resilient," Carney said in a...
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WSFS to use outside processor for Payroll Protection Act applications

Wilmington-based WSFS Bank has partnered with ACAP & The Loan Source to accept, process, and service the new round of Paycheck Protection Program (PPP) loans. "This partnership provides our Customers and others in our community...
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JPMorgan Chase hires 30 grads from the Zip Code Wilmington bootcamp

  Zip Code Wilmington, announced a milestone in its   collaboration with JPMorgan Chase. The program helps Delaware job seekers move  into the technology field and secure full-time employment after completing the 12-week coding "bootcamp." In 2020,...
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Trending: Next round of the Payroll Protection Program gets underway on ...

The  Small Business Administration (SBA),  will reopen the Payroll Protection Program on the week of Jan. 11 for new borrowers and some existing PPP borrowers. Only community financial institutions will be able to make First...
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WSFS cautions customers about stimulus scams

Wilmington-based WSFS is cautioning customers about scams related to stimulus checks and other aspects of the recently signed stimulus bill. "We caution customers to continue to be alert to fraud. Please be reminded that WSFS...
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Third bonus available for DE Relief Grant recipients

Gov. John Carney has announced additional bonus funds for DE Relief Grant recipients. This is the third bonus announcement. The Relief Grants target businesses that have been affected by the Covid-19 pandemic. Funding comes from...