Business news of local interest
Students to showcase work
The public is invited to the Penn State Altoona Student Showcase on Dec. 7 at the Devorris Downtown Center.
Students will present in the areas of business, electro-mechanical engineering technology, rail transportation technology, security and risk analysis and nursing. Many will also participate in the Pecther Business Plan Competition.
The event begins at 8:45 a.m. with opening remarks from keynote speaker, George Sidney, president and chief operating officer of McLanahan Corp. in Hollidaysburg.
Student presentations run from 9 a.m. to 2:30 p.m. EMET project demonstrations will take place from 1:30 to 4 p.m. at the Ralph and Helen Force Advanced Technology Center on the Ivyside campus.
Lunch will be provided at noon. There is no cost to attend. RSVP by Dec. 5 to Judy Paul at JAP24@psu.edu or 940-3400.
Riveriew reports income
Riverview Financial Corp. reported unaudited financial results at and for the three months ended Sept. 30.
Riverview, which completed a merger with CBT Financial Corp. on Oct. 1, 2017, reported net income of $2.8 million, or 30 cents per share, for the third quarter of 2018, compared to net income of $401,000, or 8 cents per share, for the comparable period of 2017.
Riverview Financial Corp. is the parent company of Riverview Bank and its operating divisions Citizens Neighborhood Bank, CBT Bank, Riverview Wealth Management and CBT Financial and Trust Management. Riverview Bank serves Berks, Blair, Centre, Clearfield, Dauphin, Huntingdon, Lebanon, Lycoming, Northumberland, Perry, Schuylkill and Somerset counties through 30 community banking offices and three limited purpose offices.
Conemaugh earns designation
The American College of Cardiology has recognized Conemaugh Memorial Medical Center for demonstrating excellence in cardiovascular care and its commitment to a comprehensive, high-quality culture.
The hospital was recently awarded the HeartCARE Center: National Distinction of Excellence designation based on meeting accreditation criteria and participating in the ACC’s existing quality improvement programs. Notably, Conemaugh Memorial is the first hospital in the southwestern Pennsylvania region and the fifth hospital in the nation to receive this designation.
1st Summit Bank recognized
1st Summit Bank was named one of the top performing community banks in the U.S. by the Institute for Extraordinary Banking.
A blue ribbon panel of bankers selected 1st Summit as the top bank in four of the following categories of excellence: extraordinary customer service, employee engagement, community involvement and volunteerism and financial literacy to customers.