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Banking & Finance: Western Reserve Historical Society to Recognize Farmers | November 12, 2015

Western Reserve Historical Society to Recognize Farmers

CLEVELAND – The Western Reserve Historical Society will recognize Farmers National Bank of Canfield Dec. 7 as one of 11 institutions in northeastern Ohio in existence 100 or more years. Farmers National Bank was founded in 1887. Farmers, along with the Federal Reserve Bank of Cleveland, Spitzer Automotive, the Cleveland Play House and seven others, […]

Banking & Finance: Area Foreclosure, Delinquency Rates Decline in August | November 5, 2015

Area Foreclosure, Delinquency Rates Decline in August

YOUNGSTOWN, Ohio – The foreclosure rate in the Youngstown-Warren-Boardman metropolitan statistical area during August was down nearly half a percentage point from a year earlier, CoreLogic reported this morning. The rate of foreclosures among outstanding mortgage loans in the three-county eastern Ohio-western Pennsylvania region in August was 1.81%, down from 2.26% in August 2014. The […]

Banking & Finance: CoreLogic Finds House Prices Drop in Region | November 4, 2015

CoreLogic Finds House Prices Drop in Region

IRVINE, Calif. — House prices in the Youngstown-Warren-Boardman area were 1.9% lower in September than September 2014, CoreLogic reports. When distressed sales are included, the prices rose 0.1%. The findings from the financial data company differ from September sales numbers for three counties in Ohio as compiled by the Youngstown Columbiana Association of Realtors and […]

Banking & Finance: KeyCorp to Acquire First Niagara in $4.1B Merger | October 30, 2015

KeyCorp to Acquire First Niagara in $4.1B Merger

CLEVELAND – KeyCorp and First Niagara Financial Group today announced a definitive merger agreement under which KeyCorp will acquire First Niagara in a cash and stock transaction valued at approximately $4.1 billion. First Niagara, headquartered in Buffalo, N.Y., has $39 billion in assets and $29 billion in deposits and 394 banking offices in New York, Pennsylvania, […]