Banking & Finance

National Bancshares Reports Record 3Q Net Income

ORRVILLE, Ohio -- National Bancshares, the holding company of First National Bank of Orrville, reports third-quarter net income of $1.59 million, or 72 cents per basic share, a record.

Credit Unions Making More Loans, Adding Members

September, YTD House Sales Off Slightly from 2013

YOUNGSTOWN, Ohio -- September home sales in Mahoning, Trumbull and Columbiana counties were down slightly from a year earlier, and year-to-date sales are off from 2013 by a similar degree.

US Business Increases Spending for Domestic Travel

Farmers National Bank Enhances Online, Mobile

CANFIELD, Ohio -- Farmers National Bank today announced it has updated and enhanced its suite of online and mobile banking services to include such options as sending or requesting money via text or email and remote deposit capture.

Businesses Led by Women Confident about Economy

NEW YORK -- Women who lead sizeable businesses are far more confident about the health and outlook of the economy than their male counterparts, finds the 2014 Business Outlook Survey conducted by the Women Presidents' Organization.

A Stronger Home Savings Marks 125th Anniversary

Ohio Minimum Wage Rises to $8.10 on Jan. 1

COLUMBUS, Ohio -- Ohio’s minimum wage will automatically increase Jan. 1 to $8.10 per hour for non-tipped employees and to $4.05 per hour for tipped employees, from $7.95 per hour and $3.98, respectively, the Ohio Department of Commerce reports. 

Success of Startups Creates Need for Capital

COLUMBUS, Ohio -- Investors put $149 million to work with Ohio entrepreneurial companies in 2013, according to a report released Monday by VentureOhio.

VentureOhio, founded last year, describes itself as “a unified voice for the capital sources and other organizations that finance or support high growth that seek to make Ohio a preferred location for high potential entrepreneurial activity.” 

Its report points out the need for more capital if the needs of the growing companies are to be met.

PNC Survey Shows Ohio Business Owners Cautious

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