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Banking & Finance
National Housing Attitudes Mirror Uneven Activity in '14
Tuesday, December 09, 2014
WASHINGTON -- Americans' attitudes toward housing have tracked closely with the uneven housing market trend this year, which is improving. But they still lag behind the overall economy trend, says a survey by Fannie Mae.
Consumers' personal financial outlook has increased fairly steadily during the year, lending support to the ongoing housing market recovery, according to the Fannie Mae National Housing Survey for November.
Funded Status of Corporate Pensions at 89.9%
Tuesday, December 09, 2014
NEW YORK -- The funded status of the typical U.S. corporate pension plan increased 0.4 percentage points to 89.9% in November as assets rose faster than liabilities, reports the BNY Mellon Institutional Scorecard from the BNY Mellon Investment Strategy and Solutions Group.
Public defined benefit plans, endowments and foundations beat their targets in November on the strength of rising asset values.
Assets in the typical corporate plan increased 1.5%, outpacing the 1.1% increase in liabilities. Its funded status is down 5.3% from the December 2013 high of 95.2%.
Talmer Bancorp Lists 223 Acquisition ‘Opportunities’
Friday, December 05, 2014
YOUNGSTOWN, Ohio -- Talmer Bancorp Inc., holding company of Talmer Bank and Trust, has been remarkably candid in its plans to grow though acquisition.
Its most recent Form 8-K filed with the U.S. Securities and Exchange Commission is an account of strong growth and the rapid and rational integration of the banks it’s acquired since 2009.
First National Bank Promotes Reel to Senior VP
Wednesday, December 03, 2014
PITTSBURGH -- First National Bank of Pennsylvania has promoted Jennifer M. Reel to senior vice president and named her director of corporate communications, the bank announced Tuesday.
First National Bank is the largest subsidiary of F.N.B. Corp.
Reel, who has been in bank marketing more than 15 years, joined First National Bank in 2000 after a brief stint teaching. She was director of brand and communications strategies at First National Bank before being appointed head of corporate communications.
Breaking News: Hierro Joins Home Savings and Loan
Monday, December 01, 2014
YOUNGSTOWN, Ohio – Frank Hierro, who retired Nov. 14 as president of the Mahoning Valley region of Huntington Bank, has joined the Home Savings and Loan Co. as its Mahoning Valley regional president, Gary M. Small, president and CEO of Home Savings, announced Monday afternoon.
Hierro could not be reached for comment.