Banking & Finance

Small Businesses Borrow More, Still Lag 2006 Levels

CLEVELAND -- While loans to large businesses “have soared to record levels,” lending to small businesses, although improving, continues to lose ground, says a report the Federal Reserve Bank of Cleveland released Monday.

Tri-State Completes Spinoffs of 2 Subsidiaries

EAST LIVERPOOOL, Ohio -- Tri-State 1st Banc Inc. has completed the spinoffs of two of its subsidiaries, Gateminder Corp. and the assets of Cooper Insurance Agency Inc., Steven R. Sant reported Friday.

Ohio Realtors Tout Gains During November

Demand, Promotions Lift December New Car Sales

UCFC Board Authorizes Repurchase of More Shares

YOUNGSTOWN, Ohio -- The Board of Directors of United Community Financial Corp. Monday authorized the repurchase of as many as 2.5 million common shares.

UCFC is the holding company of the Home Savings and Loan Co.

Last May 14, the directors reinstituted the holding company’s stock repurchase program and authorized the repurchase of as many as 1,477,804 common shares. Since then the company has repurchased 1,363,500 at an average price of $4.60 per share.

Sales of Existing Houses Slow in November

Huntington Bank to Offer Apple Pay in January

COLUMBUS, Ohio -- Huntington Bank will offer its customers Apple Pay in January, the bank announced Thursday.

YTD House Sales in 3 Counties on Pace with 2013

YOUNGSTOWN, Ohio -- Sales of single-family in Mahoning, Trumbull and Columbiana counties during the first 11 months of 2014 are on pace with those reported for the same period last year, the latest monthly reports show.

Lower Gas Prices Means Paying Down Debt

BROOKLYN PARK, Minn. -- Plunging gas prices have Americans spending $250 million per day less on gasoline than a year ago.

Most Americans Hold Steady on Holiday Spending

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