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 Community Financial Corp. and Home Savings at the ribbon cutting Tuesday. “It’s great to be here on [U.S. Route] 224, bridging Boardman and Canfield. The space is just right for the business that we’ll do.”
Home Savings Bank has been evolving since it went public two decades ago, transforming from a thrift to a full-service community bank.
The 2,200-square-foot office at 4137 Boardman Canfield Road provides a full range of wealth management products that encompass estate planning, trust services, private banking, retirement planning, investments and individual retirement accounts.
It is Home Savings’ first Premier Wealth Management Office in the Mahoning Valley, two others in North Canton and St. Clairsville. Its headquarters building in the downtown Youngstown and office in Howland offer wealth management services as well, Small noted.
“We purposefully put it out here in the community where we thought we’d be closest to our client base,” he said.
“It gives us the opportunity to deliver expanded financial services to our customers here. We have many customers, both retail and commercial, and they utilize these services. They’ve been asking for it and now we’re able to deliver it to them,” added Frank Hierro, Mahoning Valley president of Home Savings Bank.
Opening the office was a six-month project as the bank searched for the right space. Since opening in September, “The response has been very good,” Small said.
The new office has a team of four wealth management professionals: Karen Cohen, CPA, trust officer; Christine Wray, private banking officer; Tammy Jorgensen, private banking officer; and Tami Calko, private banking associate. Combined, they have 110 years of experience in wealth management, Small said.
Home Savings has assets of $2.5 billion and 35 banking offices, 13 loan production offices and three wealth management offices throughout Ohio, western Pennsylvania and West Virginia.
Pictured at top: Staff at the new office include Tami Calko, private banking assistant, Tammy Jorgensen, private banker, Christine Wray, private banker, and Karen Cohen, vice president and trust officer.
Copyright 2023 The Business Journal, Youngstown, Ohio.