York Traditions Bank To Take Next Step In Evolution With Proposed Formation Of Holding Company
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YORK, Pa., Dec. 23, 2020 /PRNewswire/ York Traditions Bank (OTC Pink: YRKB), a Pennsylvania state-chartered bank with headquarters at 226 Pauline Drive, York Township, has notified the Federal Reserve, the Federal Deposit Insurance Corporation, and the Pennsylvania Department of Banking and Securities of its intentions to form a bank holding company under the name Traditions Bancorp, Inc.
If approved by the regulators, the Bank will seek shareholder approval at its Annual Shareholder Meeting to be held in April 2021. Following approval, shareholders will exchange each share of their common stock of the Bank for one share of common stock of Traditions Bancorp. York Traditions Bank will then become a wholly owned subsidiary of Traditions Bancorp.
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Want to help the homeless? Here’s how to do it
Updated Dec 17, 2020;
When considering how to help the homeless, the vast majority of people approach it with good intentions.
Most are inclined to give one-time donations to shelters by way of food, clothing or personal hygiene items. Those are well-intended, but not always the best way to give or help. In fact, service providers say that donations such as food - particularly perishable food - often are more of a hindrance than a help to a well-established system that already functions effectively.
Area providers say those who are willing and able to help can do the most good with a financial contribution (see a list of agencies is provided at the end of this story). Social service agencies need money to pay for staff and supplies.