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Valley’s Foreclosure Rate Drops in July

YOUNGSTOWN, Ohio — The mortgage foreclosure rate in the Youngstown-Warren-Boardman statistical metropolitan area fell to 7.5% in July, down from 8.4% in July 2016, CoreLogic reported today. Mortgages in series delinquency — more than 90 days past due — in the region totaled 3.2% in July compared with 4.1% in July 2016. Nationwide 4.6% of […]

YOUNGSTOWN, Ohio -- The mortgage foreclosure rate in the Youngstown-Warren-Boardman statistical metropolitan area fell to 7.5% in July, down from 8.4% in July 2016, CoreLogic reported today. Mortgages in series delinquency -- more than 90 days past due -- in the region totaled 3.2% in July compared with 4.1% in...

Cohen Acquisition Should Benefit Youngstown Office

CLEVELAND – The union of Cohen & Company and Arthur Bell, based in Baltimore, should benefit the Youngstown office of Cohen, Chris Bellamy and Corey McLaughlin say. Bellamy and McLaughlin are co-presidents of investment industry services for Cohen. Bellamy comes from Cohen, McLaughlin was managing member of Arthur Bell, but say they’ll run their division […]

CLEVELAND – The union of Cohen & Company and Arthur Bell, based in Baltimore, should benefit the Youngstown office of Cohen, Chris Bellamy and Corey McLaughlin say. Bellamy and McLaughlin are co-presidents of investment industry services for Cohen. Bellamy comes from Cohen, McLaughlin was managing member of Arthur Bell, but...

Home Savings Promotes Goldsboro to Senior VP

YOUNGSTOWN, Ohio – Home Savings has named Ken Goldsboro as senior vice president, commercial banking. Goldsboro will focus on the development and growth of the bank’s commercial loan portfolio, and partner with clients to provide customized solutions for their business, as well as creating new business relationships. His office is at Home Saving’s headquarters downtown, […]

YOUNGSTOWN, Ohio – Home Savings has named Ken Goldsboro as senior vice president, commercial banking. Goldsboro will focus on the development and growth of the bank’s commercial loan portfolio, and partner with clients to provide customized solutions for their business, as well as creating new business relationships. His office is...

Home Savings Customers Hear Positive Economic Forecast

POLAND, Ohio – The economy continues its lukewarm but solid recovery, the recovery likely to continue through at least the end of 2018, the founder and president of MainStreet Advisors LLC told gatherings of Home Savings Bank customers Tuesday night and Wednesday morning. John Crosson heads a Chicago-based investment research firm that serves community banks […]

POLAND, Ohio – The economy continues its lukewarm but solid recovery, the recovery likely to continue through at least the end of 2018, the founder and president of MainStreet Advisors LLC told gatherings of Home Savings Bank customers Tuesday night and Wednesday morning. John Crosson heads a Chicago-based investment research...

Ohio Business Owners Remain Optimistic – PNC Survey

PITTSBURGH — Small- and mid-sized business owners in Ohio remain highly optimistic for their own businesses and the U.S. economy. Although optimism has moderated from the historic highs in spring in the immediate aftermath of the 2016 elections, a semi-annual phone survey conducted for PNC finds. The results of the survey, released today, found that 59% of Ohio […]

PITTSBURGH — Small- and mid-sized business owners in Ohio remain highly optimistic for their own businesses and the U.S. economy. Although optimism has moderated from the historic highs in spring in the immediate aftermath of the 2016 elections, a semi-annual phone survey conducted for PNC finds. The results of the survey,...

Mercer County Bank Opens First Office in Hermitage

HERMITAGE, Pa. – A focus on service and customer relationships is what the Mercer County State Bank offers the Shenango Valley, Assistant Vice President Cathy Beatrice said Tuesday. “When you work with a person you stay with that person. It is old-style relationship banking.” Beatrice is in charge of branch banking. The Mercer County State Bank […]

HERMITAGE, Pa. – A focus on service and customer relationships is what the Mercer County State Bank offers the Shenango Valley, Assistant Vice President Cathy Beatrice said Tuesday. “When you work with a person you stay with that person. It is old-style relationship banking.” Beatrice is in charge of branch banking....

PNC Declares Cash Dividend of 75 Cents

PITTSBURGH – PNC Financial Services Group announced today that its board of directors declared a quarterly cash dividend of 75 cents per common share. The dividend is payable Nov. 5 to shareholders of record Oct. 17. In the second quarter, PNC reported net income of $1.1 billion, or $2.10 per common share. The board also […]

PITTSBURGH – PNC Financial Services Group announced today that its board of directors declared a quarterly cash dividend of 75 cents per common share. The dividend is payable Nov. 5 to shareholders of record Oct. 17. In the second quarter, PNC reported net income of $1.1 billion, or $2.10 per...

Seven Seventeen, Credit Union One Complete Merger

WARREN, Ohio — Seven Seventeen Credit Union has completed  its acquisition of Credit Union One in North Jackson. The merger took effect Oct. 1. By adding the 2,600 members of Credit Union One, and its $12.5 million in assets, Seven Seventeen now has more than 76,000 members and $962.5 million in assets. It is the […]

WARREN, Ohio -- Seven Seventeen Credit Union has completed  its acquisition of Credit Union One in North Jackson. The merger took effect Oct. 1. By adding the 2,600 members of Credit Union One, and its $12.5 million in assets, Seven Seventeen now has more than 76,000 members and $962.5 million...

Chemical Bank Donates 10K for Second Harvest

YOUNGSTOWN, Ohio – Chemical Bank presented a $10,000 check for the warehouse expansion at Second Harvest Food Bank of the Mahoning Valley.   “With this donation through our Chemical Bank Foundation, we can support Second Harvest Food Bank of the Mahoning Valley in their warehouse expansion to accommodate more food for the needy families in our community. I’m […]

YOUNGSTOWN, Ohio – Chemical Bank presented a $10,000 check for the warehouse expansion at Second Harvest Food Bank of the Mahoning Valley.   “With this donation through our Chemical Bank Foundation, we can support Second Harvest Food Bank of the Mahoning Valley in their warehouse expansion to accommodate more food for the needy...

Toot, Dougherty and Howard Join Home Savings Team

YOUNGSTOWN, Ohio – Home Savings Bank is expanding its commercial lending team with the hiring of three professionals: Josh Toot, Kevin Dougherty and Dave Howard. They will focus on developing the bank’s commercial loan portfolio in the Mahoning Valley by providing customized solutions for businesses and creating new relationships. All have experience in the market […]

YOUNGSTOWN, Ohio – Home Savings Bank is expanding its commercial lending team with the hiring of three professionals: Josh Toot, Kevin Dougherty and Dave Howard. They will focus on developing the bank’s commercial loan portfolio in the Mahoning Valley by providing customized solutions for businesses and creating new relationships. All...