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PNC Names Parsley as Chief Operating Officer

PITTSBURGH — PNC Financial Services Group announced Thursday that E. William Parsley III has been named chief operating officer effective immediately. Gagan Singh will succeed Parsley as chief investment officer and continue with his current duties and Randall C. King will succeed Parsley as treasurer and continue with his current duties. Both will continue to […]

PITTSBURGH — PNC Financial Services Group announced Thursday that E. William Parsley III has been named chief operating officer effective immediately. Gagan Singh will succeed Parsley as chief investment officer and continue with his current duties and Randall C. King will succeed Parsley as treasurer and continue with his current...

FNB Declares 12-Cent Cash Dividend

PITTSBURGH – F.N.B. Corp., holding company of First National Bank of Pennsylvania, announced Wednesday that its board of directors declared a quarterly cash dividend of 12 cents per common share. The dividend is payable March 15 to shareholders of record March 5. F.N.B. reported a full-year 2017 net income of $191.16 million, or 63 cents […]

PITTSBURGH – F.N.B. Corp., holding company of First National Bank of Pennsylvania, announced Wednesday that its board of directors declared a quarterly cash dividend of 12 cents per common share. The dividend is payable March 15 to shareholders of record March 5. F.N.B. reported a full-year 2017 net income of...

Huntington Announces Conversion of Preferred Stock

COLUMBUS, Ohio — Huntington Bancshares Inc., holding company of Huntington Bank, is converting all of its outstanding 8.50% Series A preferred stock (Nasdaq: HBANP) into Huntington Bancshares common stock (Nasdaq: HBAN) in accordance with the terms of the Series A preferred stock. On Feb. 20 the closing sale price of the common stock was $15.90, […]

COLUMBUS, Ohio — Huntington Bancshares Inc., holding company of Huntington Bank, is converting all of its outstanding 8.50% Series A preferred stock (Nasdaq: HBANP) into Huntington Bancshares common stock (Nasdaq: HBAN) in accordance with the terms of the Series A preferred stock. On Feb. 20 the closing sale price of...

FNB Corp. Receives Greenwich Excellence Award

PITTSBURGH – F.N.B. Corp., holding company of First National Bank of Pennsylvania, reports it has again received a Greenwich Excellence Award, receiving high scores both nationally and regionally for satisfaction among small-business clients. Since 2009, F.N.B. has received a total of 43 Greenwich Excellence Awards for its commercial banking client experience. F.N.B.’s six most recent […]

PITTSBURGH – F.N.B. Corp., holding company of First National Bank of Pennsylvania, reports it has again received a Greenwich Excellence Award, receiving high scores both nationally and regionally for satisfaction among small-business clients. Since 2009, F.N.B. has received a total of 43 Greenwich Excellence Awards for its commercial banking client...

Retailers See Hope in Shenango Mall Receivership

HERMITAGE, Pa. — Visitors to the Shenango Valley Mall have seen a retail center hollowing out. A year ago, it lost two anchor tenants – the Macy’s and Sears department stores – and other tenants have vacated since. Nevertheless, Vince Hillard sees opportunity. Hillard is co-owner of Leanna’s Books & More, one of the remaining […]

HERMITAGE, Pa. -- Visitors to the Shenango Valley Mall have seen a retail center hollowing out. A year ago, it lost two anchor tenants – the Macy’s and Sears department stores – and other tenants have vacated since. Nevertheless, Vince Hillard sees opportunity. Hillard is co-owner of Leanna’s Books &...

Shenango Mall Defaults, Owes $3.43M on Mortgage

HERMITAGE, Pa. – The Shenango Valley Mall – absent big box retailers Sears and Macy’s since last March – is now being operated under receivership after defaulting on a $3.43 million commercial loan. The mall is owned by JSMN Shenango Valley Mall LLC of Paramus, N.J. It has not made a payment to its lender, […]

HERMITAGE, Pa. – The Shenango Valley Mall – absent big box retailers Sears and Macy’s since last March – is now being operated under receivership after defaulting on a $3.43 million commercial loan. The mall is owned by JSMN Shenango Valley Mall LLC of Paramus, N.J. It has not made...

January Home Sales Down 5.5% in Region

YOUNGSTOWN, Ohio – House sales in Mahoning, Trumbull and Columbiana counties in January decreased 5.5%, according to the latest data from the Youngstown Columbiana Association of Realtors and the Warren Area Board of Realtors. Collectively, 327 houses were sold in the three counties last month, compared to 346 homes sold in January 2017 and 473 […]

YOUNGSTOWN, Ohio – House sales in Mahoning, Trumbull and Columbiana counties in January decreased 5.5%, according to the latest data from the Youngstown Columbiana Association of Realtors and the Warren Area Board of Realtors. Collectively, 327 houses were sold in the three counties last month, compared to 346 homes sold...

Region’s Foreclosure Rate Falls to 7.5% in November

IRVINE, Calif. — The mortgage delinquency rate nationwide fell slightly in November, down to 5.1%, a 0.1% decline from November 2016, reports CoreLogic. Delinquencies are considered mortgages that were 30 days or more past due including those in foreclosure. In the Youngstown-Warren-Boardman metropolitan statistical area, 7.5% of mortgages were delinquent in November 2017 compared with […]

IRVINE, Calif. -- The mortgage delinquency rate nationwide fell slightly in November, down to 5.1%, a 0.1% decline from November 2016, reports CoreLogic. Delinquencies are considered mortgages that were 30 days or more past due including those in foreclosure. In the Youngstown-Warren-Boardman metropolitan statistical area, 7.5% of mortgages were delinquent...

Local Car Sales Down to Start Year

Cruze Sales Drop Again, Automakers Start Year Down

YOUNGSTOWN, Ohio – Auto sales in the Mahoning Valley started 2018 on the same down note as the rest of the industry as 4,518 new and used vehicles were sold, according to data from the Greater Cleveland Automobile Dealers Association, down 7.9% from a year earlier. New-car sales in Mahoning, Trumbull and Columbiana counties totaled […]

YOUNGSTOWN, Ohio – Auto sales in the Mahoning Valley started 2018 on the same down note as the rest of the industry as 4,518 new and used vehicles were sold, according to data from the Greater Cleveland Automobile Dealers Association, down 7.9% from a year earlier. New-car sales in Mahoning,...

Identify Warning Signs of Tax Refund Identity Theft

tax refund identity theft

PITTSBURGH — Data breaches in recent years – large and small – have served millions of personal data points to criminals, including names, addresses, Social Security numbers and email addresses. This type of personal information is valuable during tax season, when attempts are made to use stolen Social Security numbers to file fraudulent tax returns […]

PITTSBURGH — Data breaches in recent years – large and small – have served millions of personal data points to criminals, including names, addresses, Social Security numbers and email addresses. This type of personal information is valuable during tax season, when attempts are made to use stolen Social Security numbers...