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Banking & Finance: Seven Seventeen Begins Serving KOFE April 1 | March 22, 2017

Seven Seventeen Begins Serving KOFE April 1

WARREN, Ohio – Beginning April 1, the Seven Seventeen Credit Union is offering KOFE (pronounced “coffee”), a product of Consolidated Credit, to its members, the credit union announced Tuesday. KOFE, the acronym for Knowledge of Financial Education, replaces the credit union’s Balance Financial Fitness program, Seven Seventeen Senior Vice President Eric Lanham said. Lanham heads […]

Banking & Finance: Muransky to Join Board of Farmers National Banc Corp. | March 17, 2017

Muransky to Join Board of Farmers National Banc Corp.

CANFIELD, Ohio – Edward W. Muransky, chairman of the Muransky Companies and chairman and CEO of Southwoods Health, has been nominated to serve on the Board of Directors of Farmers National Banc Corp., a Farmers spokeswoman announced Thursday. Farmers is the holding company of Farmers National Bank, Farmers Trust Co., Farmers National Insurance LLC and […]

Banking & Finance: Warren Medical Center Sold in Foreclosure for $3 Million | March 15, 2017

Warren Medical Center Sold in Foreclosure for $3 Million

WARREN, Ohio — The North Mar Medical Center, a six-building, 62,295-square-foot office park at 3843 E. Market St. here, was sold in foreclosure to the loan noteholder, a commercial mortgage securities trust, for $3 million. The sale price equates to about $48 per square foot. The transaction tops commercial real estate sales during the month […]

Banking & Finance: For Commercial Lenders, Building Relationships is a Must | March 10, 2017

For Commercial Lenders, Building Relationships is a Must

YOUNGSTOWN, Ohio – To be a successful commercial banker requires a temperament that encompasses excellent interpersonal skills and analytical skills that usually take anywhere from two to five years to learn after being hired. Even then, staying on top of the game entails refreshers and updates in changing regulations and technology. But some things haven’t […]