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closing costs. Teamed up with Eagle Nationwide Mortgage Company which is a subsidary of Eagle National Bank. Eagle National Bank is a federally ...

Santander Bank cutting 75 jobs at Fifth and Penn location in Reading

Santander Bank will cut 75 jobs at its downtown Reading location at Fifth and Penn streets.

City officials Tuesday said the 75 jobs will be eliminated by the end of the year but said efforts are being made to find those employees comparable jobs within the company. Those for whom jobs are unavailable will be given severance packages and re-employment assistance, said Santander spokeswoman Ann Davis.

Davis said employees were informed of the job cuts Friday.

Mayor Wally Scott said city officials started hearing rumors of job cuts around the first of the year when bank officials told the Reading Parking Authority that they wouldn't need as many parking spaces.

"We tried to set up an appointment with them in February and they canceled the meeting and we let them know that we would do anything within reason to keep them in the city," the mayor said.

The next thing Scott heard was last week when he learned from a bank official in Reading that jobs were going to be cut.

Webcast Alert: Cavco Industries, Inc. Announces Fourth Quarter Fiscal Year 2017 Earnings Release and Conference ...


If you are unable to participate during the live webcast, the call will be archived for 90 days on under the Investor Relations link.

Cavco Industries, Inc., headquartered in Phoenix, Arizona, designs and produces factory-built housing products primarily distributed through a network of independent and Company-owned retailers. The Company is one of the largest producers of manufactured homes in the United States, based on reported wholesale shipments, marketed under a variety of brand names including Cavco Homes, Fleetwood Homes, Palm Harbor Homes, Fairmont Homes, Chariot Eagle and Lexington Homes. The Company is also a leading producer of park model RVs, vacation cabins, and systems-built commercial structures, as well as modular homes built primarily under the Nationwide Custom Homes brand. Cavco's mortgage subsidiary, CountryPlace Mortgage, is an approved Fannie Mae and Freddie Mac seller/servicer, a Ginnie Mae mortgage-backed securities issuer and offers conforming mortgages and chattel loans to purchasers of factory-built and site-built homes. Its insurance subsidiary, Standard Casualty, provides property and casualty insurance to owners of manufactured homes.