NILES, Ohio – Home Federal Savings and Loan Association of Niles recently announced the promotion of Ante N. Turcinov to president and chief operating officer, as well as a corporate reorganization aimed at strengthening operations and enhancing shareholder value.
Turcinov, who previously served as general manager of Home Federal Savings’ mortgage subsidiary, has been instrumental in business development and cost reduction initiatives. In the new role, he will oversee daily bank operations across all functions.
The reorganization streamlines operations, improves accountability and positions the company to capitalize on growth opportunities with new loan products and expansion into additional geographic markets.
“These changes reflect our commitment to building a stronger, more agile company focused on delivering sustainable returns for our shareholders,” CEO Daniel E. Csontos said.