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Brian Bisignani Examines Banking Consolidation in Central PA in Guest Post for Central Penn Business Journal

In a September 10, 2015 guest blog post for the Central Penn Business Journal, Business & Corporate Chair Brian W. Bisignani looks at the potential positive and negative outcomes following a rash of recent regional bank acquisitions in Central Pennsylvania.

Mr. Bisignani notes: 

"Without question, the local banking landscape is changing, with locally based banks being acquired by larger entities headquartered outside of the region.

It’s a trend likely to continue — especially given the significant compliance pressures and costs being imposed on smaller and community banks by the Dodd-Frank Wall Street Reform and Consumer Protection Act. One can look east to our neighbors in Allentown for evidence with the recently announced acquisition of National Penn Bancshares Inc. by a familiar face — BB&T."