STATE COLLEGE

ClearWater Conservancy is incorporating advanced high-performance building envelope strategies into the design of the new Hamer Community Conservation Center, creating a facility that prioritizes energy efficiency, occupant comfort and long-term carbon reduction. This work is made possible in part through support from the West Penn Energy Fund, an organization that supports transformational projects advancing sustainable energy technologies.

Located in the footprint of a historic barn and situated on 12 acres of ClearWater-stewarded land in Houserville, the Hamer Community Conservation Center is designed as a demonstration of environmentally responsible building practices and conservation-focused design. The project will serve as a permanent home for ClearWater Conservancy while also providing space for community workshops, outreach programs, meetings and conservation education.

STATE COLLEGE

Kish completes subordinated debt offering

Kish Bancorp Inc., parent company of Kish Bank, announced the completion of a private placement of $35 million in aggregate principal amount of 6.25% Fixed-to-Floating Rate Subordinated Unsecured Notes due 2036 to various institutional and accredited investors.

Strong investor demand drove the offering from its initial $25 million target to

$35 million. The company intends to utilize the net proceeds of the offering to redeem its 2021 subordinated notes, to repay other borrowings at the Holding Company, and for general corporate purposes.

Kish Bancorp Inc. is a diversified financial services corporation headquartered in Belleville, with executive offices in State College and an Innovation Center in Reedsville.