Banking & Finance
YOUNGSTOWN, Ohio -- The Home Savings and Loan Co. has named Nancy Tabor area manager for Trumbull County, Gary M. Small, president and CEO, announced Tuesday.
Tabor served as senior branch manager of both the Kirk Road and Newport Glen offices.
She joined Home Savings in 2012 and has served on the committee of Buy Into Youngstown and the Relay For Life of Niles, where she lives.
COLUMBUS, Ohio -- Huntington Bank reports it has become the largest Small Business Administration 7(a) lender in the United States for the fiscal year ended Sept. 30.
The bank made 4,183 loans that totaled $549 million in its six-state footprint, an increase of 37% over fiscal 2103 when it ranked third. Huntington has a presence in Ohio, western Pennsylvania, Michigan, central Indiana, northern Kentucky and northern West Virginia.
The parent of the bank, Huntington Bancshares Inc., has $64 billion in assets.
ORRVILLE, Ohio -- National Bancshares, the holding company of First National Bank of Orrville, reports third-quarter net income of $1.59 million, or 72 cents per basic share, a record.
This compares to net income of $1.43 million, or 64 cents per basic share, the preceding quarter, and $1.04 million, or 47 cents, per basic share, the quarter ended June 30, 2013.
First National Bank has an office in Salem, one of 14 in northeastern Ohio.
YOUNGSTOWN, Ohio -- Not only are credit unions in the Mahoning and Shenango valleys making more loans, predominantly auto financing, their members are building their savings accounts. Credit unions also report their credit quality is improving and that they’re adding new members, as they call their customers.
YOUNGSTOWN, Ohio -- September home sales in Mahoning, Trumbull and Columbiana counties were down slightly from a year earlier, and year-to-date sales are off from 2013 by a similar degree.
A total of 438 were sold in the three counties last month, down from 465 in September 2013, shows the latest report from Centralized Real Estate Information Services Multiple Listing Service. Members of the Youngstown Columbiana Association of Realtors and the Warren Area Board of Realtor report their monthly sales to the service. In August, 747 houses were sold in the three counties.
- Credit Unions Making More Loans, Adding Members - October 16, 2014
- September, YTD House Sales Off Slightly from 2013 - October 15, 2014
- US Business Increases Spending for Domestic Travel - October 14, 2014
- Farmers National Bank Enhances Online, Mobile - October 13, 2014
- Businesses Led by Women Confident about Economy - October 13, 2014
- A Stronger Home Savings Marks 125th Anniversary - October 9, 2014
- Ohio Minimum Wage Rises to $8.10 on Jan. 1 - October 7, 2014
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