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PNC Declares Dividend of 95 Cents on Common Stock

PITTSBURGH – PNC Financial Services Group Thursday declared a quarterly cash dividend of 95 cents per common share. The dividend is payable May 5 to shareholders of record April 16. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share payable […]

PITTSBURGH – PNC Financial Services Group Thursday declared a quarterly cash dividend of 95 cents per common share. The dividend is payable May 5 to shareholders of record April 16. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of...

YSU Reports Student Loan Default Rates Plummet

YOUNGSTOWN, Ohio — Student loan default rates at Youngstown State University have dropped nearly in half in the last six years, a trend university administrators say is the result of increased focus on student success, more scholarships and keeping costs low. “There are several initiatives we have put into place, and we’ve certainly made tremendous […]

YOUNGSTOWN, Ohio -- Student loan default rates at Youngstown State University have dropped nearly in half in the last six years, a trend university administrators say is the result of increased focus on student success, more scholarships and keeping costs low. “There are several initiatives we have put into place,...

Minority Business Owners Learn What Bankers Need

YOUNGSTOWN, Ohio – Not knowing what you don’t know is one of the biggest challenges for minority business owners when it comes to obtaining a small business loan, says Tara Murphy. “They have to start with the right resources,” she says. “All businesses are bankable. It may not be today, but you have to put […]

YOUNGSTOWN, Ohio – Not knowing what you don’t know is one of the biggest challenges for minority business owners when it comes to obtaining a small business loan, says Tara Murphy. “They have to start with the right resources,” she says. “All businesses are bankable. It may not be today,...

KeyBank Small Business Program Earns Accolade

CLEVELAND — KeyBank‘s Small Business Wellness Review program has been recognized by Barlow Research Associates with a 2019 Monarch Innovation Awards. The annual awards 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; Most Innovative Product/Feature Award; and […]

CLEVELAND — KeyBank's Small Business Wellness Review program has been recognized by Barlow Research Associates with a 2019 Monarch Innovation Awards. The annual awards 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;...

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...