Banking & Finance

Home Savings Names Horvath to Head Consumer Lending

YOUNGSTOWN, Ohio – The Home Savings and Loan Co. has hired James D. Horvath, most recently manager of consumer lending at Farmers National Bank of Canfield, to head its consumer lending operations. The bank named him vice president/director, consumer lending. Horvath has more than 35 years of experience in banking and as a lender, Home […]

FCC Cites First National Bank for Autodialed Ads

WASHINGTON – The Federal Communications Commission Friday issued a “citation and order” against Pittsburgh-based F.N.B. Corp., parent of First National Bank of Pennsylvania, saying the bank has violated the Telephone Consumer Protection Act by requiring customers to hear recorded advertisements and text messages as a condition of using its online services and Apple Pay. The […]

Home Savings Hires Exec for Cleveland Market

YOUNGSTOWN, Ohio — Thomas R. Poe has joined the Home Savings and Loan Company as senior vice president and market president, Northeast Ohio commercial banking. Home Savings, a subsidiary of United Community Financial Corp., has assets of $1.8 billion and operates 32 banking offices and nine loan production offices throughout Ohio and western Pennsylvania In […]

YBI, Home Savings to Host ‘Art of Business and Banking’

YOUNGSTOWN, Ohio – Home Savings and Loan Co. and the Youngstown Business Incubator’s Women in Entrepreneurship program will host three seminars on the needs of small-business owners Sept. 16, Oct. 21 and Nov. 18. All will be held from 5:30 to 7 p.m. in the offices of the incubator, 241 W. Federal St. The program, […]

UCFC Ranked 11th on Bank Director Scorecard

YOUNGSTOWN, Ohio – Bank Director magazine ranks United Community Financial Corp., holding company of the Home Savings and Loan Company of Youngstown, 11th in this year’s performance scorecard of 130 financial institutions with between $1 billion and $5 billion in assets. “Our high ranking on Bank Director’s performance scorecard is proof that our focused strategy […]

Fifth Third Sells 17 Offices to First National Bank

PITTSBURGH — First National Bank of Pennsylvania, the largest subsidiary of F.N.B. Corp., has agreed to buy 17 offices of Fifth Third Bank in this market and acquire some $383 million in retail and private deposits as well as related consumer loans, Vincent J. Delie Jr. announced this morning. Delie is president and CEO of […]

Venture Fund Launched to Help Valley Companies

YOUNGSTOWN, Ohio – A partnership between the Youngstown Business Incubator, the Tech Belt Energy Innovation Center in Warren and the Mahoning Valley Economic Development Corp. is poised to launch a new for-profit venture capital fund designed to seed business development within the region’s technology and advanced manufacturing sectors. The fund, Valley Growth Ventures LLC, will […]

Gasoline Prices Heading Below $2 a Gallon

GAITHERSBURG, Md. — Americans who hit the road this Labor Day weekend are likely to see the lowest Labor Day prices at the pump in more than a decade. The savings could total $1.4 billion Friday through Monday. “August gasoline prices plummeted by 18 cents per gallon, the greatest decrease since 2008,” said Patrick DeHaan, […]


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