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Banking & FinanceUncategorized: Home Savings Names Horvath to Head Consumer Lending | September 14, 2015

Home Savings Names Horvath to Head Consumer Lending

YOUNGSTOWN, Ohio – The Home Savings and Loan Co. has hired James D. Horvath, most recently manager of consumer lending at Farmers National Bank of Canfield, to head its consumer lending operations. The bank named him vice president/director, consumer lending. Horvath has more than 35 years of experience in banking and as a lender, Home […]

Banking & Finance: FCC Cites First National Bank for Autodialed Ads | September 14, 2015

FCC Cites First National Bank for Autodialed Ads

WASHINGTON – The Federal Communications Commission Friday issued a “citation and order” against Pittsburgh-based F.N.B. Corp., parent of First National Bank of Pennsylvania, saying the bank has violated the Telephone Consumer Protection Act by requiring customers to hear recorded advertisements and text messages as a condition of using its online services and Apple Pay. The […]

Banking & Finance: UCFC Ranked 11th on Bank Director Scorecard | September 8, 2015

UCFC Ranked 11th on Bank Director Scorecard

YOUNGSTOWN, Ohio – Bank Director magazine ranks United Community Financial Corp., holding company of the Home Savings and Loan Company of Youngstown, 11th in this year’s performance scorecard of 130 financial institutions with between $1 billion and $5 billion in assets. “Our high ranking on Bank Director’s performance scorecard is proof that our focused strategy […]

Banking & Finance: Venture Fund Launched to Help Valley Companies | September 3, 2015

Venture Fund Launched to Help Valley Companies

YOUNGSTOWN, Ohio – A partnership between the Youngstown Business Incubator, the Tech Belt Energy Innovation Center in Warren and the Mahoning Valley Economic Development Corp. is poised to launch a new for-profit venture capital fund designed to seed business development within the region’s technology and advanced manufacturing sectors. The fund, Valley Growth Ventures LLC, will […]

Banking & Finance: Cortland Banks Rewards Customers Who Use Kasasa | September 2, 2015

Cortland Banks Rewards Customers Who Use Kasasa

CORTLAND, Ohio – Cortland Banks is rewarding its customers who take advantage of the three Kasasa account options it offers with higher rates of interest, rebates and refunds, James Gasior, president and CEO announced. This ”innovative suite of reward-based checking and savings accounts [carry] the Kasasa brand name,” said Danielle Cantrell, vice president and retail […]

Banking & Finance: Moody’s Affirms Its Baa1 Rating of Youngstown | September 1, 2015

Moody’s Affirms Its Baa1 Rating of Youngstown

NEW YORK – Moody’s Investor Service has affirmed its general obligation limited tax rating of Youngstown, Ohio, as Baa1, saying, “The outlook on the city’s credit remains stable.” Youngstown has $13.7 million in long-term general obligation limited tax bonds outstanding, $8.2 million of which is Moody’s rated. Municipal bonds that Moody’s rates Baa, its website […]