But while class may not have been in session, learning was definitely ‘‘in’’ at Williams Valley Elementary School for a few weeks this summer.
Learning and fun have been the goals of a longtime Williams Valley tradition – summer educational camps.
Acquisition of bank is official
The acquisition of Susquehanna Bancshares by North Carolina-based BB&T Corporation became official Aug. 1.
State and federal regulators approved the acquisition earlier this summer. While BB&T now formally owns Susquehanna, local branches will not bear the new logo until the fall, after a transfer of operating systems takes place.
The purchase will have little, if any, impact on the seven branch offices operated by Susquehanna Bank in the Sentinel’s coverage area, a spokesman said earlier this year. (Sentinel, May 5 issue)
The only possible job losses or branch closing/consolidations would occur in regions where both BB&T and Susquehanna have a presence. BB&T had no branches in Pennsylvania or any other states north of the Mason-Dixon Line prior to its Susquehanna acquisition.
Shareholders for both companies already had approved the proposal. The Susquehanna vote took place in mid-March.
Based in Lititz, Lancaster County, Susquehanna Bancshares acquired Millersburg-based Community Banks, N.A. (formerly Upper Dauphin National Bank) in 2007.
Susquehanna Bank branches are located in Dauphin, Halifax, Millersburg, Elizabethville, Lykens, Tower City and Valley View, as well more than 230 other locations in various other regions of Pennsylvania, Maryland, New Jersey and West Virginia. Susquehanna Bancshares had $18.7 billion in assets and $13.8 billion in deposits, according to balances as of March 31.
Based in Winston-Salem, N.C., BB&T was founded (1872) as Branch Banking and Trust in Wilson, a small town near Raleigh. It currently has 1,875 branches branches in 13 states, predominantly in the southeastern U.S., but also several in Maryland. BB&T Corporation posted $189.2 billion in assets and $28.2 billion in market capitalization as of March 31.
BB&T had announced in November 2014 its desire to acquire Susquehanna, offering $2.5 billion in cash and stock.
In a news release announcing the purchase, BB&T Chairman and CEO Kelly S. King stated, ‘‘Susquehanna is a strategically compelling deal, expanding our franchise into a contiguous, attractive region that presents tremendous opportunities.
‘‘The diversity of our markets is a key element of our long-term success,’’ King also stated.
Human services funding could be affected until a budget is passed
As of the Sentinel’s Aug. 3 press time, Pennsylvania’s 2015-16 fiscal year budget impasse had yet to be resolved.
Human-service agencies that rely on funding packages from the state could soon see the effects of not having that money availability to them in a timely fashion, according to comments made to the newspaper on this topic.
Agencies such as drug-and-alcohol treatment services, domestic violence shelters and rape crisis centers may be forced to borrow money to cover expenses until state funding becomes available.
Also in this week's
Tour de Millersburg -
Annual event to be held Aug. 8 and 9
(And much more in this week's print edition of the Upper Dauphin Sentinel)