Why Credit Card Rewards Are Targeting ‘Convenience’ Spending | January 23, 2020

By KIMBERLY PALMER of NerdWalletIf you’re spending a lot on convenience — whether in the form of grocery delivery, ride-hailing or meal delivery — your credit card wants to reward you for it, while encouraging you to spend more. Consider these recent offerings: Chase announced in January that for a limited time, eligible cardmembers can […]

By KIMBERLY PALMER of NerdWalletIf you're spending a lot on convenience — whether in the form of grocery delivery, ride-hailing or meal delivery — your credit card wants to reward you for it, while encouraging you to spend more. Consider these recent offerings: Chase announced in January that for a...

Home Savings Reports Record Annual Income of $39.5M | January 22, 2020

YOUNGSTOWN, Ohio – United Community Financial Corp., the parent company of Home Savings Bank, reports record net income of $39.5 million, or 81 cents per diluted share for 2019, up from $37.2 million, or 74 cents per share, in 2018. UCFC reported $1.4 million in costs for its merger with First Defiance Financial Corp., set […]

YOUNGSTOWN, Ohio – United Community Financial Corp., the parent company of Home Savings Bank, reports record net income of $39.5 million, or 81 cents per diluted share for 2019, up from $37.2 million, or 74 cents per share, in 2018. UCFC reported $1.4 million in costs for its merger with...

FNB Reports Record Income of $376.2M in 2019 | January 21, 2020

PITTSBURGH – F.N.B. Corp., the holding company for First National Bank of Pennsylvania, reported record income of $379.2 million in 2019, or $1.16 per diluted common share, up from 2018’s $379.2 million. The bank also recorded fourth-quarter income of $93.2 million, or 29 cents per common share, down from $98.1 million in the same period […]

PITTSBURGH – F.N.B. Corp., the holding company for First National Bank of Pennsylvania, reported record income of $379.2 million in 2019, or $1.16 per diluted common share, up from 2018’s $379.2 million. The bank also recorded fourth-quarter income of $93.2 million, or 29 cents per common share, down from $98.1...

Regulators OK Home Savings, First Defiance Merger | January 21, 2020

YOUNGSTOWN, Ohio — First Defiance Financial Corp. and United Community Financial Corp. received final regulatory approval for the merger of the two companies. The companies jointly announced Monday they had received final approval from regulatory entities, including the Federal Reserve Bank, the Federal Deposit Insurance Corp. and the Ohio Division of Financial Institutions. Immediately prior […]

YOUNGSTOWN, Ohio -- First Defiance Financial Corp. and United Community Financial Corp. received final regulatory approval for the merger of the two companies. The companies jointly announced Monday they had received final approval from regulatory entities, including the Federal Reserve Bank, the Federal Deposit Insurance Corp. and the Ohio Division...

PNC Reports 2019 Income of $5.4B | January 15, 2020

PITTSBURGH – PNC Financial Services Group Inc. reports 2019 net income of $5.4 billion, or $11.39 per diluted share, and fourth-quarter income of $1.38 billion, down 1% in 2018. In addition, PNC received approval from the Federal Reserve to repurchase up to $1 billion more in stock through the end of the second quarter. That […]

PITTSBURGH – PNC Financial Services Group Inc. reports 2019 net income of $5.4 billion, or $11.39 per diluted share, and fourth-quarter income of $1.38 billion, down 1% in 2018. In addition, PNC received approval from the Federal Reserve to repurchase up to $1 billion more in stock through the end...

Visa Buys Financial Tech Company Plaid for $5.3B | January 14, 2020

By KEN SWEET AP Business WriterNEW YORK (AP) — Visa is purchasing the financial technology company Plaid for $5.3 billion, a major push by the payment processing giant into other types of money transfer systems outside of Visa’s traditional credit and debit card business. Plaid allows consumers to link their bank accounts to financial services […]

By KEN SWEET AP Business WriterNEW YORK (AP) — Visa is purchasing the financial technology company Plaid for $5.3 billion, a major push by the payment processing giant into other types of money transfer systems outside of Visa's traditional credit and debit card business. Plaid allows consumers to link their...

Farmers Completes Merger with Maple Leaf Financial | January 7, 2020

CANFIELD, Ohio — Farmers National Banc Corp., the holding company for The Farmers National Bank of Canfield, announced Tuesday that it has completed the merger of Maple Leaf Financial Inc., the holding company for Geauga Savings Bank, into FMNB Merger Subsidiary II, LLC, a newly-formed, wholly-owned subsidiary of Farmers, and the merger of Geauga Savings […]

CANFIELD, Ohio -- Farmers National Banc Corp., the holding company for The Farmers National Bank of Canfield, announced Tuesday that it has completed the merger of Maple Leaf Financial Inc., the holding company for Geauga Savings Bank, into FMNB Merger Subsidiary II, LLC, a newly-formed, wholly-owned subsidiary of Farmers, and...

KeyBank: 54% of Americans Commit Financial Faux Pas | January 7, 2020

CLEVELAND, Ohio – Despite consumers considering themselves to be financially savvy, more than 54% of Americans admit they have made a financial faux pas, according to the new Financial Wellness Survey from KeyBank. Impulse buying tops the list as the most common faux pas among all consumers, with 25% saying they’ve made such purchases. Also […]

CLEVELAND, Ohio – Despite consumers considering themselves to be financially savvy, more than 54% of Americans admit they have made a financial faux pas, according to the new Financial Wellness Survey from KeyBank. Impulse buying tops the list as the most common faux pas among all consumers, with 25% saying...

PNC Declares $1.15 Dividend on Common Stock | January 3, 2020

PITTSBURGH – PNC Financial Services Group has declared a quarterly cash dividend of $1.15 per share on its common stock. The dividend will be payable Feb. 5 to shareholders of record at the close of business Jan. 17. The firm’s board of directors also declared dividends on preferred stock. Series B stockholders as of Feb. […]

PITTSBURGH – PNC Financial Services Group has declared a quarterly cash dividend of $1.15 per share on its common stock. The dividend will be payable Feb. 5 to shareholders of record at the close of business Jan. 17. The firm’s board of directors also declared dividends on preferred stock. Series...

Bills Aside, Your 2020 Budget Can Be a Little F-U-N | January 2, 2020

By COURTNEY JESPERSEN NerdWalletReporting for jury duty. Standing in line at the DMV. Going to the dentist. Making a budget. What do all of these have in common? They’re activities you’d probably like to skip. And while budgeting certainly isn’t exciting, breaking down your spending can give you the ability to do things you enjoy. […]

By COURTNEY JESPERSEN NerdWalletReporting for jury duty. Standing in line at the DMV. Going to the dentist. Making a budget. What do all of these have in common? They're activities you'd probably like to skip. And while budgeting certainly isn't exciting, breaking down your spending can give you the ability...