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Home Savings Needs More Time to Review Allegations

YOUNGSTOWN, Ohio – Home Savings Bank says it needs until Dec. 15 to fully investigate the allegations made by Huntington National Bank in a lawsuit filed Oct. 24 that accused three of its former commercial lending officers who joined Home Savings in late September of taking with “confidential information, proprietary information or trade secrets.” The […]

YOUNGSTOWN, Ohio – Home Savings Bank says it needs until Dec. 15 to fully investigate the allegations made by Huntington National Bank in a lawsuit filed Oct. 24 that accused three of its former commercial lending officers who joined Home Savings in late September of taking with “confidential information, proprietary...

Car Sales Slip Again from Last Year’s Record Numbers

YOUNGSTOWN, Ohio – October proved to be a mixed bag for American automakers as two of the Big Three posted losses last month. Despite the slip, however, industry analysts project 2017 to have the second-highest sales volume ever, coming behind only last year’s numbers. General Motors’ sales fell 2.2% to 252,813 as three of its […]

YOUNGSTOWN, Ohio – October proved to be a mixed bag for American automakers as two of the Big Three posted losses last month. Despite the slip, however, industry analysts project 2017 to have the second-highest sales volume ever, coming behind only last year's numbers. General Motors’ sales fell 2.2% to...

Cortland Bancorp Reports 3Q Net Income of $2.15M

CORTLAND, Ohio – Cortland Bancorp, holding company of Cortland Bank, Tuesday reported third-quarter net income of $2.15 million, or 49 cents a share. This compares to second-quarter net income of $1.18 million, or 26 cents a share, and third-quarter 2016 net income of $1.20 million, or 27 cents a share. The board of directors declared […]

CORTLAND, Ohio – Cortland Bancorp, holding company of Cortland Bank, Tuesday reported third-quarter net income of $2.15 million, or 49 cents a share. This compares to second-quarter net income of $1.18 million, or 26 cents a share, and third-quarter 2016 net income of $1.20 million, or 27 cents a share....

Home Savings Opens Canfield Wealth Management Office

CANFIELD, Ohio – Home Savings celebrated the opening of its new Premier Wealth Management Office, which brings all of its wealth management services under one roof. “It’s been eight years since Home Savings was fully invested and committed in the wealth management business here in the Valley,” said Gary Small, president and CEO of United […]

CANFIELD, Ohio – Home Savings celebrated the opening of its new Premier Wealth Management Office, which brings all of its wealth management services under one roof. “It’s been eight years since Home Savings was fully invested and committed in the wealth management business here in the Valley,” said Gary Small,...

Judge Delays Ruling on Huntington Bank’s Lawsuit Against Home Savings

YOUNGSTOWN, Ohio – U.S. District Judge Benita Y. Pearson has postponed until at least Nov. 8 her decision in the lawsuit Huntington National Bank filed Oct. 24 against Home Savings Bank, which seeks a temporary restraining order, so the banks can resolve their differences with the aid of a third party. Huntington has accused three […]

YOUNGSTOWN, Ohio – U.S. District Judge Benita Y. Pearson has postponed until at least Nov. 8 her decision in the lawsuit Huntington National Bank filed Oct. 24 against Home Savings Bank, which seeks a temporary restraining order, so the banks can resolve their differences with the aid of a third...

Huntington Reports 3Q Net Income of $275M

COLUMBUS, Ohio – Huntington Bancshares Inc., holding company of Huntington National Bank, Wednesday reported third-quarter net income of $275 million, or 23 cents per share. This quarter is a $148 million, or 116% increase from the year-ago quarter of $127 million, or 11 cents per share, and is up from $272 million, or 23 cents […]

COLUMBUS, Ohio – Huntington Bancshares Inc., holding company of Huntington National Bank, Wednesday reported third-quarter net income of $275 million, or 23 cents per share. This quarter is a $148 million, or 116% increase from the year-ago quarter of $127 million, or 11 cents per share, and is up from...

Farmers Banc Corp. Reports 3Q Net Income of $6M

CANFIELD, Ohio – Farmers National Banc Corp. Wednesday reported third-quarter net income of $5.98 million, or 22 cents per diluted share. This compares to second-quarter net income of $5.71 million, or 21 cents a share, and third-quarter 2016 income of $5.38 million, or 20 cents a share. Farmers is the holding company of Farmers National […]

CANFIELD, Ohio – Farmers National Banc Corp. Wednesday reported third-quarter net income of $5.98 million, or 22 cents per diluted share. This compares to second-quarter net income of $5.71 million, or 21 cents a share, and third-quarter 2016 income of $5.38 million, or 20 cents a share. Farmers is the...

Middlefield Banc 3Q Net Income Increases to $7.16M

MIDDLEFIELD, Ohio – Middlefield Banc Corp., holding company of The Middlefield Banking Co., reports its third-quarter net income increased 48.6% to $7.16 million, or $2.38 per basic common share. This compares to net income for the quarter ended Sept. 30, 2016, of $4.76 million, or $2.31 per basic common share. Middlefield cited these highlights in comparing the […]

MIDDLEFIELD, Ohio – Middlefield Banc Corp., holding company of The Middlefield Banking Co., reports its third-quarter net income increased 48.6% to $7.16 million, or $2.38 per basic common share. This compares to net income for the quarter ended Sept. 30, 2016, of $4.76 million, or $2.31 per basic common share. Middlefield cited...

First Members of Seven Seventeen Amazed by Growth

WARREN, Ohio — As the Seven Seventeen Credit Union celebrates its 60th anniversary, two of its first members remain members, “amazed” – both used that word – by its growth and success. Al Shinosky of Howland and George Houtz of Warren have long retired – the former in 2001, the latter in 1985 – but […]

WARREN, Ohio -- As the Seven Seventeen Credit Union celebrates its 60th anniversary, two of its first members remain members, “amazed” – both used that word – by its growth and success. Al Shinosky of Howland and George Houtz of Warren have long retired – the former in 2001, the...

Credit Unions Teach Members Basics of Handling Money

YOUNGSTOWN, Ohioi — What separates credit unions from other financial institutions is their leaders’ sense of mission as financial counselors and educators to help their members manage their money wisely. Where banks and brokerage firms call the people who open accounts “customers” or “clients,” credit unions call them “members.” And their members show a greater […]

YOUNGSTOWN, Ohioi -- What separates credit unions from other financial institutions is their leaders’ sense of mission as financial counselors and educators to help their members manage their money wisely. Where banks and brokerage firms call the people who open accounts “customers” or “clients,” credit unions call them “members.” And...