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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...

House Sale Prices Up Locally, Nationwide

YOUNGSTOWN, Ohio – House prices in the Youngstown-Warren metropolitan area in December – including distressed sales — were up 6.4% from a year earlier, an industry index reported Tuesday. Irvine, Calif.-based CoreLogic Inc. reported that the sale price of houses on a month-over-month basis, also including distressed sales, increased by 0.4% in December compared to […]

YOUNGSTOWN, Ohio – House prices in the Youngstown-Warren metropolitan area in December – including distressed sales -- were up 6.4% from a year earlier, an industry index reported Tuesday. Irvine, Calif.-based CoreLogic Inc. reported that the sale price of houses on a month-over-month basis, also including distressed sales, increased by...

First National Bank Expands Commercial Services in D.C.

WASHINGTON – First National Bank, the largest subsidiary of F.N.B. Corp., announced today the expansion of its commercial and business banking services in Washington, D.C. The company’s growing efforts in the nation’s capital include the addition of government contracting expertise, as well as extended focus within its Business Banking group. To build out its government […]

WASHINGTON – First National Bank, the largest subsidiary of F.N.B. Corp., announced today the expansion of its commercial and business banking services in Washington, D.C. The company's growing efforts in the nation's capital include the addition of government contracting expertise, as well as extended focus within its Business Banking group....