YOUNGSTOWN, Ohio — The Mahoning Valley, where the sense of poverty is pervasive, has considerable wealth as evidenced by the brokerage firms and banks here with trust, private banking and wealth management departments. Banks without such services as recently as a decade ago have since established them, Farmers National Bank, Home Savings Bank and Cortland […]
YOUNGSTOWN, Ohio — The mortgage foreclosure rate in the Youngstown-Warren-Boardman statistical metropolitan area fell to 7.5% in July, down from 8.4% in July 2016, CoreLogic reported today. Mortgages in series delinquency — more than 90 days past due — in the region totaled 3.2% in July compared with 4.1% in July 2016. Nationwide 4.6% of […]
CLEVELAND – The union of Cohen & Company and Arthur Bell, based in Baltimore, should benefit the Youngstown office of Cohen, Chris Bellamy and Corey McLaughlin say. Bellamy and McLaughlin are co-presidents of investment industry services for Cohen. Bellamy comes from Cohen, McLaughlin was managing member of Arthur Bell, but say they’ll run their division […]
YOUNGSTOWN, Ohio – Home Savings has named Ken Goldsboro as senior vice president, commercial banking. Goldsboro will focus on the development and growth of the bank’s commercial loan portfolio, and partner with clients to provide customized solutions for their business, as well as creating new business relationships. His office is at Home Saving’s headquarters downtown, […]
POLAND, Ohio – The economy continues its lukewarm but solid recovery, the recovery likely to continue through at least the end of 2018, the founder and president of MainStreet Advisors LLC told gatherings of Home Savings Bank customers Tuesday night and Wednesday morning. John Crosson heads a Chicago-based investment research firm that serves community banks […]
PITTSBURGH — Small- and mid-sized business owners in Ohio remain highly optimistic for their own businesses and the U.S. economy. Although optimism has moderated from the historic highs in spring in the immediate aftermath of the 2016 elections, a semi-annual phone survey conducted for PNC finds. The results of the survey, released today, found that 59% of Ohio […]
HERMITAGE, Pa. – A focus on service and customer relationships is what the Mercer County State Bank offers the Shenango Valley, Assistant Vice President Cathy Beatrice said Tuesday. “When you work with a person you stay with that person. It is old-style relationship banking.” Beatrice is in charge of branch banking. The Mercer County State Bank […]
PITTSBURGH – PNC Financial Services Group announced today that its board of directors declared a quarterly cash dividend of 75 cents per common share. The dividend is payable Nov. 5 to shareholders of record Oct. 17. In the second quarter, PNC reported net income of $1.1 billion, or $2.10 per common share. The board also […]
WARREN, Ohio — Seven Seventeen Credit Union has completed its acquisition of Credit Union One in North Jackson. The merger took effect Oct. 1. By adding the 2,600 members of Credit Union One, and its $12.5 million in assets, Seven Seventeen now has more than 76,000 members and $962.5 million in assets. It is the […]
YOUNGSTOWN, Ohio – Chemical Bank presented a $10,000 check for the warehouse expansion at Second Harvest Food Bank of the Mahoning Valley. “With this donation through our Chemical Bank Foundation, we can support Second Harvest Food Bank of the Mahoning Valley in their warehouse expansion to accommodate more food for the needy families in our community. I’m […]
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