Harleysville National Corp. Being Acquired by Buffalo bank comp...

Full story: The Morning Call

The Buffalo, N.Y. bank company First Niagara Financial is acquiring Harleysville National Corporation in an all stock deal valued at $237 million, the company announced this morning.
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1 - 11 of 11 Comments Last updated Jul 28, 2009
hmmmm

Reading, PA

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#1
Jul 27, 2009
 
does this affect East Penn Bank too?
Oh my

New Oxford, PA

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#2
Jul 27, 2009
 
I would think so. Cr ap.
yes

Lehighton, PA

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#3
Jul 27, 2009
 
merge to all, east penn, harleysville, etc. all these banks in PA will now be owned by NY
hmmmm

Reading, PA

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#4
Jul 27, 2009
 
that sucks

Since: Apr 09

Easton, PA

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#5
Jul 27, 2009
 
Great... East Penn bank used to be awesome but started to go downhill when Harleysville took them over. I just can't wait to see what else is now going to happen. Ugh.
Ratz Sass

United States

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#6
Jul 27, 2009
 
Soon we will all be customers of THE BANK.
hmmmm

Reading, PA

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#7
Jul 27, 2009
 
Amused Crack-er wrote:
Great... East Penn bank used to be awesome but started to go downhill when Harleysville took them over. I just can't wait to see what else is now going to happen. Ugh.
my thoughts exactly!

“Don't Tread on Me”

Since: Jun 07

Lehigh Valley, PA

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#8
Jul 27, 2009
 
Does this include Harleysville "Savings" Bank? Bummer.
M Jones

Emmaus, PA

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#9
Jul 27, 2009
 
Amused Crack-er wrote:
Great... East Penn bank used to be awesome but started to go downhill when Harleysville took them over. I just can't wait to see what else is now going to happen. Ugh.
You are so right. I wonder bad it's going to get with a NY bank?
just me

Pottstown, PA

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#10
Jul 27, 2009
 
Flavious_Maximus wrote:
Does this include Harleysville "Savings" Bank? Bummer.
No, Harleysville Savings Bank is not the same as Harleysville National Bank. PLEASE don't confuse the 2 since HSB has a better track record!
comment

Korea

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#11
Jul 28, 2009
 
Lehigh Valley needs a $5 billion + deposit holding bank corporation HQ here in the Lehigh Valley. The choice is limited to Bank of America or Wells Fargo/Wachovia or Banco Santander/Sovereign.

There is NO entrepreneurial local capital market for origination or loan syndication. You have to depend on credit policy of HQ in some far off location that does not do entrepreneurial capital. Lehigh Valley needs its version of Silicon Valley Bank.

Closest thing around now might be Conestoga Bank, Chester Springs.

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