Banking & Finance

Shareholders of FNB, Yadkin, Say Yes to Merger

PITTSBURGH – The shareholders of F.N.B. Corp. and Yadkin Financial Corp., Elkin, N.C. have voted to merge their bank holding companies, F.N.B. announced Friday. Neither the number of votes cast nor the breakdowns were provided. When the proposed acquisition, valued at $1.4 billion, was announced last summer, the companies agreed to exchange 2.16 shares of […]

Cross-Selling Is Win-Win for Banks, Customers

YOUNGSTOWN, Ohio — Banks work hard to know their customers and their customers’ needs so they’re prepared to satisfy those needs, whether it’s a retirement account, student loan, auto loan, mortgage or an investment account. That’s one reason community banks have either acquired trust companies or begun their own wealth management services. By providing their […]

Ohio Credit Unions See Growth in Members, Loans

COLUMBUS, Ohio – The number of people who joined a credit union based in the Buckeye State rose by more than 46,000 in the fiscal year ended June 30, the Ohio Credit Union League reported this week. Total membership in the nearly 300 Ohio-based credit unions is 2.85 million. The Bureau of the Census projects […]

True Love’s 12 Christmas Gifts a Tad More Costly

YOUNGSTOWN, Ohio – For the person who wants to go all out for “my true love,” to wit, all the gifts sung about in “The 12 Days of Christmas,” the good news is that the total price has barely budged since last year, only 0.7% says PNC Financial Services Group. PNC, based in Pittsburgh, today […]

Ground Leases Boost Commercial Real Estate Market

YOUNGSTOWN, Ohio — Real estate professionals in the Mahoning Valley and surrounding areas largely agree that business is good. But why is it good? Well, that question has plenty of answers. Brokers and agents in several real estate offices report they are busy with deals, pointing to multiple factors: increased confidence in the market, renewed […]

October House Sales in Valley Maintain 2015 Pace

YOUNGSTOWN, Ohio – Sales of houses in the tri-county area during October kept on pace with those a year ago, the latest monthly reports show. Statistics pulled from the website of the Youngstown Columbiana Association of Realtors show 494 houses were sold last month in Mahoning, Trumbull and Columbiana counties, down 1.2% from the 500 […]

Banks Partner with Second Harvest to Feed Hungry

YOUNGSTOWN, Ohio – Two area banks are joining forces with Second Harvest Food Bank of the Mahoning Valley to provide food to those in need as the holiday season approaches. On Tuesday, Citizens Bank will join Second Harvest for a media event to kick off its holiday food drive for the 12th year with a […]

Cardinal Credit Union Comes to Canfield

CANFIELD, Ohio – The sign that had identified the Tri-County Credit Union on Boardman-Canfield Road has been replaced with new red signage that reads “Cardinal Credit Union, Tri-County Office.” Inside, Cardinal CEO and President Christine Blake joined the office staff of three and state Rep. John Boccieri, D-59 Poland, Wednesday to wield a pair of […]

$5.3M Sale Revises Ownership of Downtown Building

YOUNGSTOWN, Ohio — Millennia Housing Management Ltd. has reconstituted the ownership of International Towers at 25 Market St.  downtown. The multifamily complex was sold Oct. 25 from one Millennia partnership to another still controlled by the Cleveland-based firm. The property changed hands for $5.3 million. In 2009 a Millennia-controlled partnership acquired the building – built […]

Charity Land Exchange Matches Donors, Charities

YOUNGSTOWN, Ohio — Are you a business or individual who owns some property you’d like to donate to your favorite charity, but that charity doesn’t have the means or desire to manage that property? Charity Land Exchange offers a solution to this problem that benefits both parties, says its executive director, attorney Joseph Bishara. The […]


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