79.6% Of Susquehanna Shares Were Voted For BB&T Offer

Susquehanna Bancshares shareholders indeed voted by an “overwhelming” margin in favor of their firm being acquired by BB&T.

Lititz-based Susquehanna disclosed the tally from Friday’s shareholder vote in a federal filing on Monday.

Nearly 144.9 million of Susquehanna’s 182.1 million shares outstanding were cast in favor of the acquisition, or 79.6 percent.

Some 1.2 percent of shares, or 2.3 million, were cast against. Some 0.6 percent of shares, or 1.1 million, were cast as abstaining.

Read more:

http://lancasteronline.com/business/local_business/of-susquehanna-shares-were-voted-for-bb-t-offer/article_7f0f4692-cbf0-11e4-a635-9bdd204a385e.html

5 Important Questions About BB&T’s Purchase Of Susquehanna Bancshares

Map of Pennsylvania highlighting Lancaster County (Photo credit: Wikipedia)

As LancasterOnline reported Wednesday, Lititz-based Susquehanna Bancshares is being bought by North Carolina banking company BB&T.

So what does that mean if you’re a Susquehanna customer?

Here are five important questions and answers about the $2.5 billion deal.

Q: What happens to Susquehanna’s 245 banking offices in Pennsylvania, Maryland, New Jersey and West Virginia, including the 30 offices in Lancaster County?

A: All Susquehanna branches will be retained, although they will be renamed BB&T. No branches are being closed because the Susquehanna and BB&T branch networks do not overlap.

Read more: http://lancasteronline.com/news/local/important-questions-about-bb-t-s-purchase-of-susquehanna-bancshares/article_cb08e0b2-6b3d-11e4-9d29-bff9821ae372.html

Youth Leadership Conference To Be Held In Pottstown

The TCN Youth Development Committee in partnership with the Pottstown School District will hold a Youth Leadership Conference at Pottstown Middle School on Wednesday, May 15.  There will be several workshops on topics such as banking basics, social networking, safe dating, emergency preparedness, healthy lifestyles, drug and alcohol abuse, and stress management.

The Conference will also include brain break activities, an educational movie, and a resource fair for students to learn more about after school programs.  Students from both Pottstown and Pottsgrove Middle Schools will participate.

Special thanks to event sponsors:  Pottstown Area Health & Wellness Foundation, Susquehanna Bank, Coqui Studio, Wawa, Freshstart Fitness, Rita’s Water Ice, and Giant.  For more information, please contact TCN at 610-705-3301.

MOSAIC To Hold “Open Garden” In Pottstown

August 29, 2012 – Pottstown, PA – MOSAIC Community Land Trust is holding an “Open Garden” on Saturday, September 22 from 12-2 pm.  All are invited into the Community Garden at 423 Chestnut Street in Pottstown to participate in a salsa-making workshop, learn how the garden works, and pick vegetables to take home.

“The idea of many people gardening their own plot within a larger space may have seemed unusual last spring when this was just a vacant lot,” said David Jackson, President of MOSAIC’s Board of Trustees.  “We want to welcome the community to see the garden in action.”

The Community Garden has plots being tended by Pottstown residents, including groups from Pottstown Middle School, the Olivet Boys and Girls Club, and the Maternity Care Coalition/Early Head Start.  Hundreds of pounds of squash, tomatoes, kale, basil and many other vegetables and herbs are being harvested.  Members weigh their produce and record it on a sheet; totals will be announced at the end of the season.

Garden guests on September 22 will be able to take home vegetables and herbs from one of MOSAIC’s community plots. There will also be salsa-making demonstrations and tastings, along with pesto made from basil grown in the garden. MOSAIC is now seeking another site in Pottstown to add a garden next year.  Interested residents can get on a list for next year’s gardens.

Support for acquisition and construction of the garden on Chestnut Street came from the Pottstown School District, Pottstown Area Health and Wellness Foundation, National Penn Bank, Genesis Housing Corporation, Susquehanna Bank, Lowes, Borough of Pottstown, Davey Tree Experts, and Andrew Monastra, Esq.

MOSAIC Community Land Trust’s a mission to increase homeownership in Pottstown, develop community gardens, and support the arts.  Their office and gallery is at 10 S. Hannover Street. Membership in the CLT is open to all; details can be found at their website at www.mosaiccommunitylandtrust.org or by calling David Jackson at 484-949-4235.

Susquehanna Bank Donates To TriCounty Community Network’s Build Up Youth Program

Pottstown, Pa. (August 16, 2012) –TriCounty Community Network (TCN), a nonprofit organization dedicated to improving health, social and environmental conditions in Western Montgomery, Northern Chester and Eastern Berks counties in Pennsylvania, today announced its Build Up Youth program has received a donation from Susquehanna Bank’s Pottstown Office.

The donation will help support TCN’s Build Up Youth leadership development program for middle school students.  The program includes an annual Youth Leadership Conference and a school-based leadership project.  Through its efforts, the Build Up Youth program focuses on issues ranging from cyber bullying, drug & alcohol awareness, financial literacy, and entrepreneurship to safe dating, safe social networking, and protecting the environment.

“With so many negative influences for youth in our society today, our Build Up Youth program is an important initiative to educate these students and teach them the leadership skills to succeed in life,” said Jen Doyle, executive director for TCN.  “We appreciate Susquehanna Bank’s financial contribution to this important program.  We look forward to continuing to grow the program and positively influencing the youth of our area.”

“At Susquehanna Bank, we believe it’s important to invest in the future of our communities, and one of the best ways to do that is to support students,” said Katrina Belcher, Susquehanna Bank Market Manager.  “That’s why we’re proud to contribute to the TriCounty Community Network Build Up Youth Program.”

About TriCounty Community Network                 

TCN is a 501(c)(3) nonprofit, membership-based organization that partners with nonprofits, businesses and community members to improve health, social and environmental conditions.  Serving Western Montgomery, Northern Chester and Eastern Berks counties in Pennsylvania, TCN offers seven key programs: Build Up Youth, C.A.R.E. (Caring in Alternative Residential Environments), Environmental Awareness, Family Literacy, Homeless Services, S.A.F.E. (Supporting Abuse Free Environments), and Workforce Development.  For more information on TCN, visitwww.tcnetwork.org.

Art Blossoms In MOSAIC Community Garden Summer Program

Pottstown, Pa – Campers at the Pottstown branch of the Olivet Boys and Girls Club are learning about fresh, organic vegetables while keeping their creativity humming in a unique summer program at the MOSAIC Community Garden at 423 Chestnut Street in Pottstown.

About twenty campers, aged 10-12 years old, are participating in the six-week program.  One morning each week they walk from the Ricketts Center to the garden, where they spend a couple of hours working on an art project and caring for their organization’s two plots as well as the communal plots around the perimeter of the garden.  So far the children have painted benches in whimsical colors, learned how to use binoculars from a birding expert, and painted birdhouses to take home.  They have also taken home collard greens and had the chance to sample blueberries and cherry tomatoes while watering the many plants being grown around the perimeter of the garden.

Funding for the program, which was designed by Pottstown resident Hannah Davis, is being provided by Susquehanna Bank through Genesis Housing Corporation.  Ms. Davis is teaching the art classes along with Natalie Cyphers.

“We’re grateful to Susquehanna and Judy Memberg of Genesis for making it possible for us to offer programming in our first year of operating the garden,” said David Jackson, president of MOSAIC.  “We want young people especially to experience the benefits of gardening and the arts.”

The remaining three workshops will focus on the life cycle of butterflies and making butterfly mobiles, creating mosaic tile stepping-stones for the garden, and making pizzas at the Ricketts Center with ingredients picked fresh from the garden.

The MOSAIC Community Garden is owned and operated by MOSAIC Community Land Trust, which is seeking additional community garden sites for 2013 in order to expand the supply of fresh vegetables and healthy lifestyle choices for Pottstown residents.  Support for acquisition and construction of the garden came from the Pottstown School District, Pottstown Area Health and Wellness Foundation, National Penn Bank, Genesis Housing Corporation, Susquehanna Bank, Lowes, Borough of Pottstown, Davey Tree Experts, and Andrew Monastra, Esq.

MOSAIC Community Land Trust (CLT) has an office and art gallery at 10 S. Hanover Street in downtown Pottstown.  They welcome donations in support of their mission to increase homeownership, develop community gardens, and support the arts in Pottstown.  Membership in the CLT is open to all; details can be found at their website at www.mosaiccommunitylandtrust.org or by calling David Jackson at 484-949-4235.

Tri-County Community Network Holiday Membership Meeting

Happy Holidays from TCN!

TCN Membership Meeting

Tuesday, December 20, 8am-10am

Montgomery County Community College, West Campus

101 College Drive, Pottstown

Annual Networking Meeting & Holiday Celebration

Bring Your Business Cards!

Breakfast Sponsored by Susquehanna Bank

For more information or to register call 610-705-3301, Ext. 2.

Upcoming Pottstown Events Sponsored By CPR

Image via Wikipedia

Sat. – May 21, 2011 – Garden Party at the Park – From 10am – 1pm
Help plant a garden in the park.  We will be putting a small vegetable garden beside the Police Sub Station building.  Plants, mulch and soil donated by Colonial Gardens, Phoenixville and the raised vegetable garden courtesy of Genesis Housing Corp.  We will also discuss the mural that is planned for the park.  Light refreshments will be served.

 

Sat. – June 4, 2011 (Rain Date – June 11) – Science in the Park – From 12pm – 3pm
Several local scientists will demonstrate interactive and fascinating science experiments geared to amaze elementary and middle school age children.  Event sponsored by Genesis Housing Corp. and Arkema Inc.  Food will be served to event participants.

 

Looking for Volunteers for both events:
Setup
Food Prep and Service (Light food Donations for Garden Party)
Clean-up
General Help

Please Respond if interested in helping.

Best Regards,
Anna Johnson

vivapottstown@hotmail.com

 

Fulton Bank Asserts Dominance In Lancaster Financial Services Market

Fulton Bank has asserted its dominance in the Lancaster County financial services market and expanded its lead over number two rival Susquehanna Bank.

Fulton Bank has 23.09% of all Lancaster County deposits, up from 21.3% last year.  Fulton increased its lead over rival Susquehanna Bank from 3.37% to 5.14% over last year.  Both banks are based in Lancaster County.  Susquehanna Bank is based in Lititz and Fulton Bank has its headquarters in Lancaster City on historic Penn Square.

Fulton Bank has a branch in Pottstown located at 799 State Street in the Pottstown Plaza shopping center.  Susquehanna Bank maintains a very visible presence downtown Pottstown occupying a 5-story building at the corner of High and Hanover Streets.

Fulton Bank has been named one of the best places to work in Pennsylvania for 2010 in the large company category.  http://www.fultonbank.com/viewpage.asp?n=3

Fulton Bank has just announced plans to expand their corporate headquarters in Lancaster City and add 225 more employees.  The building project will be between $15-$20 million dollars.  To see the details click here: http://articles.lancasteronline.com/local/4/300590

POTTSTOWN BOROUGH CHANGES BANKS

The Pottstown Borough and Authority will begin using Susquehanna Bank, High and Hanover Streets effective with any payments made on July 01, 2010.  This change in banking services will afford the Borough increased savings each year through reduced banking charges and fees as well as increased interest earnings.

EFFECTIVE JULY 01, 2010

FOR WATER, SEWER, TRASH PAYMENTS

For more information:

http://www.pottstown.org/PDF/BankChange%20for%20Water-Sewer-Trash%200810.pdf