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KeyBank’s Small Business Program Receives Award

CLEVELAND — KeyBank‘s Small Business Wellness Review program has been recognized by Barlow Research Associates with the Honorable Mention award for the 2019 Monarch Innovation Awards. The awards annually recognize four organizations in the banking industry for products as best in class for innovation. The categories include: Overall Most Innovative Award; Most Innovative Industry Partner; […]

CLEVELAND — KeyBank's Small Business Wellness Review program has been recognized by Barlow Research Associates with the Honorable Mention award for the 2019 Monarch Innovation Awards. The awards annually recognize four organizations in the banking industry for products as best in class for innovation. The categories include: Overall Most Innovative...

Business Lending Remains Strong, Despite Doubts

YOUNGSTOWN, Ohio — Commercial lenders expect the momentum generated last year in the local market to carry through 2019, and they credit the help of the Federal Reserve softening its language on interest rate hikes and the benefits of the Tax Cuts and Jobs Act coming to fruition. “Everybody is coming off a fairly decent […]

YOUNGSTOWN, Ohio -- Commercial lenders expect the momentum generated last year in the local market to carry through 2019, and they credit the help of the Federal Reserve softening its language on interest rate hikes and the benefits of the Tax Cuts and Jobs Act coming to fruition. “Everybody is...

As Digital Banking Grows, Branch Offices Close

YOUNGSTOWN, Ohio – More than 40 years ago, Rob Koski opened his first checking account at Lawrence Savings & Trust Co. in New Castle, Pa., before First Seneca Bank acquired the branch. Acquisitions followed by Integra Bank, National City Bank and PNC Bank, which today operates a branch office at 3300 Center Road in Poland, […]

YOUNGSTOWN, Ohio – More than 40 years ago, Rob Koski opened his first checking account at Lawrence Savings & Trust Co. in New Castle, Pa., before First Seneca Bank acquired the branch. Acquisitions followed by Integra Bank, National City Bank and PNC Bank, which today operates a branch office at...

First Niles Reports 4Q Loss of $22K

NILES, Ohio – First Niles Financial Inc., holding company of Home Federal Savings and Loan Association of Niles, recorded a net loss of $22,000 for the quarter ended Dec. 31, 2018 compared to a loss of $5,000 in the year-ago quarter. The current quarter was impacted by an external fraud loss of $103,000, on an […]

NILES, Ohio – First Niles Financial Inc., holding company of Home Federal Savings and Loan Association of Niles, recorded a net loss of $22,000 for the quarter ended Dec. 31, 2018 compared to a loss of $5,000 in the year-ago quarter. The current quarter was impacted by an external fraud...

Cortland Bank to Begin Trading Shares on NASDAQ

CORTLAND, Ohio – Cortland Bancorp, the bank holding company of Cortland Bank, announced that shares of its common stock will begin trading on the NASDAQ Capital Market stock exchange with the opening of trading on March 8. Shares of the company’s common stock will trade under the symbol “CLDB” (NASDAQ). “The transition to the NASDAQ […]

CORTLAND, Ohio – Cortland Bancorp, the bank holding company of Cortland Bank, announced that shares of its common stock will begin trading on the NASDAQ Capital Market stock exchange with the opening of trading on March 8. Shares of the company’s common stock will trade under the symbol “CLDB” (NASDAQ)....

Farmers Declares Nine Cents Cash Dividend

CANFIELD, Ohio – The board of directors of Farmers National Banc Corp. declared a quarterly cash dividend of nine cents a share on Tuesday. In a prepared statement, Kevin J. Helmick, president and CEO of Farmers said: “It is my pleasure to announce the board of directors has approved a 29% year-over-year increase to the […]

CANFIELD, Ohio – The board of directors of Farmers National Banc Corp. declared a quarterly cash dividend of nine cents a share on Tuesday. In a prepared statement, Kevin J. Helmick, president and CEO of Farmers said: “It is my pleasure to announce the board of directors has approved a...

PNC Report: ‘Sandwich Generation’ Lacks Emergency Savings

PITTSBURGH — Despite actively saving and preparing for retirement, members of the sandwich generation report they have been unable to build robust emergency savings and retirement account balances primarily due to the strain of financially supporting other family members. Nearly four in 10 (38%) indicate they do not have an emergency savings fund, and a […]

PITTSBURGH — Despite actively saving and preparing for retirement, members of the sandwich generation report they have been unable to build robust emergency savings and retirement account balances primarily due to the strain of financially supporting other family members. Nearly four in 10 (38%) indicate they do not have an...

Wayne Savings Opens Poland Branch

POLAND, Ohio — Wayne Savings Community Bank brings “small bank” customer service to Mahoning, Columbiana and Trumbull counties with its new office at 70 West McKinley Way. The loan production office is the first location in the Mahoning Valley for the residential and commercial lender from Wayne County, and will focus on mortgages and commercial […]

POLAND, Ohio -- Wayne Savings Community Bank brings "small bank" customer service to Mahoning, Columbiana and Trumbull counties with its new office at 70 West McKinley Way. The loan production office is the first location in the Mahoning Valley for the residential and commercial lender from Wayne County, and will...

No Cash? No Problem for These Businesses

YOUNGSTOWN, Ohio – Each morning around 7 o’clock, a line forms at the Starbucks in Boardman with customers waiting to pick up their orders before heading to the office. The line that regularly stretches from the counter to the door moves quickly as almost every person pays without taking out their wallet. Another handful of […]

YOUNGSTOWN, Ohio – Each morning around 7 o’clock, a line forms at the Starbucks in Boardman with customers waiting to pick up their orders before heading to the office. The line that regularly stretches from the counter to the door moves quickly as almost every person pays without taking out...

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. has total assets of more than $33 billion, and operates more than […]

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. has total assets of more than $33...