Banking & Finance

Through 11 Months, Home Sales Slightly Ahead of 2015

YOUNGSTOWN, Ohio – Sales of houses in the three-county area are running 2.4% ahead of last year, newly released data show. During the first 11 months of 2016, real estate agents and brokers in Mahoning, Trumbull and Columbiana counties sold a combined 5,210 houses, according to the monthly reports from the Youngstown Columbiana Association of […]

Cornersburg Shopping Plaza Sold for $860,000

YOUNGSTOWN, Ohio — An entity controlled by Canfield landlord Craig Tareshawty is the new owner of a strip shopping center in the city’s Cornersburg district. Tareshawty’s Shops at Cornersburg LLC purchased the 32,175-square-foot center at 3373 Canfield Road for $860,000 or about $26.75 per square foot. The seller was the developer of the property built […]

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 […]

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