Community Banking

S&T Bancorp (STBA) announced a cash dividend of $0.34 per share, a 3.03% increase from last year. Based on the July 29th closing price of $37.63, the annualized yield is 3.61%. The dividend will be paid on August 28, 2025, to shareholders of record as of August 14, 2025. S&T Bancorp, with assets of approximately $9.8 billion, operates primarily through S&T Bank and focuses on community banking across Pennsylvania and Ohio.

First Northern Community Bancorp appoints Richard A. Bedoya to its Board of Directors, effective July 17, 2025, replacing Foy McNaughton. Bedoya brings 30+ years of experience in automotive and agriculture, including roles at DuPratt Ford Auburn and Dixon Bee Company. President Jeremiah Smith cites Bedoya’s business acumen and community ties as ideal assets. Bedoya expresses enthusiasm to contribute to the bank’s growth. First Northern Bank, operating since 1910 with 14 branches, is known for personalized banking and expertise in various types of lending.