Business briefs

April 21, 2003

Younger Toyota

Younger Toyota in Hagerstown has again been awarded Toyota's highest honor, the President's Award for Excellence in all aspects of Dealership Operations, for 2002.

To win the award, a dealership must deliver the highest level of customer satisfaction, offer excellent financing packages, provide outstanding service and maintain a parts department with outstanding inventory levels and pricing.

Younger Toyota has won the award five times.

Washington County Family Center

The Washington County Family Center has received the highest rating from an independent monitor for the eighth consecutive on-site evaluation.

The Family Center, at 920 W. Washington St., provides an enriched childcare environment while parents participate in a variety of programs geared toward enhancing self-esteem, self-sufficiency, education and positive parenting.


Thomas Automotive

McCONNELLSBURG, Pa. - The Thomas Automotive family will break ground this month for the new Thomas Ford facility in McConnellsburg.

The facility will be built adjacent to the Thomas Chevrolet-Oldsmobile dealership at the intersection of Routes 30 and 522 north of McConnellsburg. When completed in fall 2003, the facility will be the new home of the sales and service departments of Thomas Ford-Mercury.

Tower Bancorp

GREENCASTLE, Pa. - Tower Bancorp Inc., parent company of The First National Bank of Greencastle, reports earnings of $1,406,194, or earnings per share of 81 cents, for the quarter ended March 31.

This represents a 3 percent decrease from earnings from the first quarter of 2002. Return on equity was 17.25 percent and return on assets was 2.20 percent for the first quarter of 2003.

As of March 31, total assets stood at $258,661,000, an increase of 2 percent, or $5,619,000, over first quarter-end totals for 2002. Total loans reached $187,259,000, an increase of $8,426,000, or 5 percent. Total deposits were $194,672,000, an increase of $14,221,000, or 8 percent.

Cumberland Valley Chapter of ABC

The Cumberland Valley Chapter of Associated Builders and Contractors has received renewal of the chapter's accreditation for Excellence in Association Management from the ABC national office.

The ABC Cumberland Valley Chapter was first certified in 1995. This renewal will last through 2005.

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