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PNC Economists See More Growth, Market Volatility

PITTSBURGH — What’s ahead for the U.S. economy and stocks in 2018? PNC Bank’s economists experts expect faster growth and more market volatility. The current U.S. economic expansion may break the record for longest-ever, as it enters its ninth year in 2018, the report states. “It may be old in years, but it’s young at […]

PITTSBURGH -- What's ahead for the U.S. economy and stocks in 2018? PNC Bank's economists experts expect faster growth and more market volatility. The current U.S. economic expansion may break the record for longest-ever, as it enters its ninth year in 2018, the report states. “It may be old in...

Huntington, Home Savings Settle Suit Over Records

YOUNGSTOWN, Ohio – Huntington National Bank and Home Savings Bank have settled Huntington’s lawsuit that claimed three of its former commercial lenders took “confidential information, proprietary information or trade secrets” with them when they were hired by Home Savings in September. U.S. Judge Benita Y. Pearson signed the dismissal order Dec. 20. “The parties have […]

YOUNGSTOWN, Ohio – Huntington National Bank and Home Savings Bank have settled Huntington’s lawsuit that claimed three of its former commercial lenders took “confidential information, proprietary information or trade secrets” with them when they were hired by Home Savings in September. U.S. Judge Benita Y. Pearson signed the dismissal order...

Report: Loan Servicers Prey on Ohio Students

COLUMBUS, Ohio — Over a million Ohioans have student loan debt totaling more than $57 billion. Because Ohio public college tuition is higher than most other states, Ohioans borrow more. On top of that, Ohio’s predatory repayment climate means the state also has a high default rate, finds new research by Policy Matters Ohio. Ohio […]

COLUMBUS, Ohio -- Over a million Ohioans have student loan debt totaling more than $57 billion. Because Ohio public college tuition is higher than most other states, Ohioans borrow more. On top of that, Ohio’s predatory repayment climate means the state also has a high default rate, finds new research...

HBK Tax Principal Summarizes New Tax Law

By James M. Rosa CANFIELD, Ohio — The Tax Cut and Jobs Act now awaits the signature of President Trump. The legislation includes many provisions and is easily the most significant tax legislation since 1986. There are many opportunities to take advantage of the tax law changes and take action before the end of 2017 […]

By James M. Rosa CANFIELD, Ohio -- The Tax Cut and Jobs Act now awaits the signature of President Trump. The legislation includes many provisions and is easily the most significant tax legislation since 1986. There are many opportunities to take advantage of the tax law changes and take action...

PNC Announces Agreement To Acquire Fortis

PITTSBURGH, Pa. – PNC Bank today announced a definitive agreement to acquire Fortis Advisors, a provider of private merger and acquisition post-closing shareholder representative services. Upon the closing of the transaction, Fortis will become a subsidiary of PNC Bank within its Corporate & Institutional Banking business, a provider of products and services to middle market businesses. […]

PITTSBURGH, Pa. – PNC Bank today announced a definitive agreement to acquire Fortis Advisors, a provider of private merger and acquisition post-closing shareholder representative services. Upon the closing of the transaction, Fortis will become a subsidiary of PNC Bank within its Corporate & Institutional Banking business, a provider of products and...

Farmers National Bank to Open Office in Beachwood

BEACHWOOD, Ohio – Farmers National Bank is expanding its footprint with a new office in Beachwood at 27600 Chagrin Blvd., expected to be open in January. The Beachwood office will add three new hires to Farmers’ commercial lending team: Christopher Smerglia, commercial lending team leader and market president; Jamie Brotherton, vice president, senior commercial relationship […]

BEACHWOOD, Ohio – Farmers National Bank is expanding its footprint with a new office in Beachwood at 27600 Chagrin Blvd., expected to be open in January. The Beachwood office will add three new hires to Farmers' commercial lending team: Christopher Smerglia, commercial lending team leader and market president; Jamie Brotherton,...

PNC Reports ‘A Merry Season for the Economy’

PITTSBURGH – What’s on Santa Claus’s nice list this year? A good holiday season for consumer spending, according to Gus Faucher, PNC’s chief economist. Consumers are more confident in their own finances and the economy than they have been in decades. Due to this high confidence, PNC expects holiday spending to jump about 4.5% from […]

PITTSBURGH – What's on Santa Claus's nice list this year? A good holiday season for consumer spending, according to Gus Faucher, PNC’s chief economist. Consumers are more confident in their own finances and the economy than they have been in decades. Due to this high confidence, PNC expects holiday spending...

Mobile Banking Apps Offer More Features

YOUNGSTOWN, Ohio – With the holiday shopping season here, Sandy Zimmerman recalls when she and her siblings shopped together for a gift for their parents and then split the cost. This required one sibling to buy the item at the store, the others signing and mailing checks to her to cover their shares. This year […]

YOUNGSTOWN, Ohio – With the holiday shopping season here, Sandy Zimmerman recalls when she and her siblings shopped together for a gift for their parents and then split the cost. This required one sibling to buy the item at the store, the others signing and mailing checks to her to...

Valley Car Sales Rise, Bolstered by Used Cars

YOUNGSTOWN, Ohio – Auto sales in the Mahoning Valley were up slightly in November as 4,374 new and used cars were sold, according to data from the Greater Cleveland Automobile Dealers’ Association. That represents a 3.2% increase from a year ago. New-car sales in Mahoning, Trumbull and Columbiana counties fell 2.2% to 2,416, the first […]

YOUNGSTOWN, Ohio – Auto sales in the Mahoning Valley were up slightly in November as 4,374 new and used cars were sold, according to data from the Greater Cleveland Automobile Dealers’ Association. That represents a 3.2% increase from a year ago. New-car sales in Mahoning, Trumbull and Columbiana counties fell...

Farmers Named as a Weatherhead 100 Company

CANFIELD, Ohio – Farmers National Banc Corp. has been recognized as a 2017 Weatherhead 100 Company, an award from the Weatherhead School of Management at Case Western Reserve University. Farmers joins a group of businesses throughout Northeast Ohio who represent leadership, growth and success in the region. Companies that make the list are recognized for […]

CANFIELD, Ohio – Farmers National Banc Corp. has been recognized as a 2017 Weatherhead 100 Company, an award from the Weatherhead School of Management at Case Western Reserve University. Farmers joins a group of businesses throughout Northeast Ohio who represent leadership, growth and success in the region. Companies that make...