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Mifflinburg Bancorp, Inc., Reports Second Quarter 2020 Earnings
Mifflinburg, PA – Mifflinburg Bank & Trust announces their annual scholarship award winners – Caitlin Harro of Selinsgrove Area High School, Matthew Reber of Mifflinburg Area High School and Gabrielle Markunas of Lewisburg Area High School. Each student will receive $1,000 per year for four years.
Mifflinburg, PA – Mifflinburg Bancorp, Inc. (OTC:MIFF), has announced that the Company’s Board of Directors declared a semi-annual cash dividend of $0.62 per share compared to $0.50 for the same period in 2019, a 24% increase over 2019.
Milton, PA – Directors Betsy Robertson, Thomas Boop and Robert Pierce joined the company’s management officers to officially break ground for the new Mifflinburg Bank & Trust branch in Milton, PA. The new branch will be located at 415 Mahoning Street and will help expand the bank’s reach to better serve customers in the surrounding area.
Mifflinburg, PA –Mifflinburg Bank & Trust recently recognized three employees with promotions. Tom Beck was promoted to senior vice president and chief risk officer; Garry Benfer to senior vice president and chief credit officer of Mifflinburg Bank & Trust; and Lisa Erickson is now vice president and assistant secretary of Mifflinburg Bancorp Inc. and vice president of human resources and assistant secretary of Mifflinburg Bank & Trust.
Mifflinburg, PA – Mifflinburg Bancorp, Inc. (OTC Pink: MIFF), parent company of Mifflinburg Bank & Trust Co., has released its unaudited financial results for the quarter-ended March 31, 2020.
Mifflinburg, PA – Mifflinburg Bank & Trust disbursed $17.2 million in loans through the federal Paycheck Protection Program (PPP) to 131 local businesses. All of the completed applications received prior to the first round of program funds running out were processed and closed. All loans were approved and disbursed within 10 calendar days, with the MBTC loan staff working evenings and weekends to process the applications. The Paycheck Protection Program was implemented as part of the CARES Act to help businesses pay employees and stay in business during the COVID-19 crisis.
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