May 1, 2017
Harrold’s Pharmacy, a third-generation family-run business located in Wilkes-Barre, Pa., was established by the Lefkowitz family nearly 70 years ago. To stay abreast of changing times and patients’ needs, owner Bruce Lefkowitz decided the timing was right to expand by purchasing and rehabbing a nearby bakery, which had been vacant for more than two decades in a warehouse area west of downtown. To finance the deal, Lefkowitz called on his local community bank for help, FHLBank member Luzerne Bank. His business received $200,000 in recoverable assistance from FHLBank’s Banking On Business (BOB) product.