Banking & Finance
Huntington Bank Expands Specialized Health Care Services
Tuesday, February 21, 2012COLUMBUS, Ohio -- Huntington Bank has expanded its regional health care presence -- called Huntington for Healthcare. Daniel Storer, a graduate of Westminster College in New Wilmington, Pa., has been hired to drive the expansion.
'3 Minutes With' Farmers Bank CEO John Gulas
Tuesday, February 21, 2012CANFIELD, Ohio -- In today's "3 Minutes With" video, posted on the right column of the BusinessJournalDaily.com home page, the president and CEO of Farmers National Bank, John Gulas, tells how his company has grown and prospered for 125 years. Today marks the opening of the bank's first office here in 1887 -- and Farmers is celebrating its 125th birthday with a series of special events for its customers.
Farmers Bank Unlocks Vault Full of History
Monday, February 20, 2012CANFIELD, Ohio – A letter dated August 10, 1909, from a cashier cordially requests that a mortgage holder make good on a delinquent coupon in the amount of $43.40. Large bound volumes of hand-written ledgers from the 1920s are still in pristine condition, echoing a bygone era in which penmanship was integral to bookkeeping and business. Across the table, sheathed in plastic, is a newspaper story of a daring daytime heist in the heart of Canfield.
First Niles Financial Declares Cash Dividends
Friday, February 17, 2012NILES, Ohio -- First Niles Financial Inc., parent of the Home Federal Savings and Loan Association of Niles, announced Thursday it will pay an 8-cent cash dividend on its common shares and a 9-cent cash dividend on its preferred Class A shares.
The dividends are payable March 16 to shareholders of record March 2.
At Dec. 31, Home Federal Savings and Loan had $103.8 million in assets and $13.6 million in shareholders’ equity, the company says.
Published by The Business Journal, Youngstown, Ohio.
First Place Seeks Another Filing Extension from SEC
Thursday, February 16, 2012WARREN, Ohio – First Place Financial Corp., parent of First Place Bank, filed with the U.S. Securities and Exchange Commission Wednesday for an extension in reporting its results for the quarter ended Dec. 31, 2011.
In its narrative in SEC form 12b-25, First Place “determined it is unable to file its quarterly report on Form 10Q [that is, how much it earned or lost] for the [three-month] period ended Dec. 31, 2011, by the Feb. 14 due date or within the five calendar day extension permitted by SEC rules.”