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717 Expands Business Services as Loan Portfolio Grows

In 2017, Seven Seventeen Credit Union’s commercial loan portfolio grew to $24 million

WARREN, Ohio — While working on a home remodeling project 10 years ago, David Clark found the materials he needed at big-box stores were too expensive. Clark, who has experience in retail, knew he could buy the same brand-name materials for less at store closeouts, liquidation sales, overstock sales and auctions. With this idea, he […]

WARREN, Ohio -- While working on a home remodeling project 10 years ago, David Clark found the materials he needed at big-box stores were too expensive. Clark, who has experience in retail, knew he could buy the same brand-name materials for less at store closeouts, liquidation sales, overstock sales and...

Cruze Sales Fall Again as Automakers Post Drops

Valley Auto Sales Decline 2.6% in May

YOUNGSTOWN, Ohio – Auto sales continued to lag behind last year’s figures in February as all three American manufacturers posted declines in their monthly sales reports. General Motors’ total sales were down 6.9% to 220,905 while retail sales – those to individual customers – fell 10.5% to 168,971. The company’s top brand, Chevrolet, reported 149,605 […]

YOUNGSTOWN, Ohio – Auto sales continued to lag behind last year’s figures in February as all three American manufacturers posted declines in their monthly sales reports. General Motors’ total sales were down 6.9% to 220,905 while retail sales – those to individual customers – fell 10.5% to 168,971. The company’s...

Home Savings Names COO, Renews CEO’s Contract

YOUNGSTOWN, Ohio – Home Savings has created the position of executive vice president and chief operating officer and hired a member of its parent company’s board of directors, Zahid Afzal, effective March 19. A news release describes Afzal’s appointment as the attraction of “top talent” to Home Savings Bank. His responsibilities will include expanding “strategic […]

YOUNGSTOWN, Ohio – Home Savings has created the position of executive vice president and chief operating officer and hired a member of its parent company’s board of directors, Zahid Afzal, effective March 19. A news release describes Afzal's appointment as the attraction of “top talent” to Home Savings Bank. His...

Farmers National Banc Corp. Raises Dividend

CANFIELD, Ohio – Farmers National Banc Corp., holding company of Farmers National Bank and Farmers Trust Co., has declared a quarterly cash dividend of seven cents a share payable March 30 to shareholders of record March 9. The dividend is two cents higher than the five cents from 2017’s first quarter payment. In a prepared […]

CANFIELD, Ohio – Farmers National Banc Corp., holding company of Farmers National Bank and Farmers Trust Co., has declared a quarterly cash dividend of seven cents a share payable March 30 to shareholders of record March 9. The dividend is two cents higher than the five cents from 2017's first...

717 Credit Union Updates Its Brand Identity

WARREN, Ohio — 7 17 Credit Union is launching a refreshed brand identity that includes a new color scheme, an updated logo and a new website. The visual changes will roll out in the coming weeks while the new website is expected to go live in mid- to late April, the credit union said. The […]

WARREN, Ohio -- 7 17 Credit Union is launching a refreshed brand identity that includes a new color scheme, an updated logo and a new website. The visual changes will roll out in the coming weeks while the new website is expected to go live in mid- to late April,...

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 &...