Business briefs and People on the Move
717 AMONG TOP CREDIT UNIONS: 717 Credit Union has been named to the list of the top 100 credit unions for 2020. It was ranked No. 1 in Ohio and 40th in the nation for the best-performing credit unions by S&P Global Market Intelligence.
Of the nearly 5,300 credit unions in the U.S., 1,727 qualified for the ranking by meeting a threshold of at least $100 million in assets and a net worth ratio of at least 7 percent.
The other credit union in Ohio to make the list was Superior Credit Union in Lima. It was ranked No. 81.
Warren-based 717 Credit Union was established in 1957. It has more than 94,000 members and 12 offices, making it the largest credit union in northeast Ohio.
FARMERS AWARDED: Raymond James, one of America’s top financial services institutions, has selected Farmers National Banc Corp. of Canfield, the parent company of Farmers National Bank, as one of 25 banks in the U.S. to receive the 2020 Raymond James Community Bankers Cup.
This is the fourth consecutive year that Farmers National Bank has received this prestigious award.
Farmers improved its ranking from last year, rising to 11th from 22nd.
Now in its ninth year, the Bankers Cup is a competitive award among community banks in which Raymond James evaluates the profitability, operational efficiency and balance sheet metrics of every exchange-traded bank in America with assets between $500 million and $10 billion. Of the 241 banks nationwide that qualified, only 25 demonstrated the superior financial performance and stability to be named Bankers Cup winners.
LOCAL SHRM AWARDED: The Society for Human Resource Management (SHRM) recently awarded the Western Reserve Chapter its prestigious Gold EXCEL Award for accomplishments in 2020.
The award is given to SHRM state councils and chapters to recognize major accomplishments, strategic activities and tactical initiatives that elevate the human resources profession.
The award can be earned at four levels: bronze, silver, gold and platinum. Each level has a prescribed set of requirements and accomplishments that must be met. Western Reserve Chapter will receive recognition in SHRM publications and at conferences, a logo to display on its website, and information to share with its members about the significance of this award.
The WRC-SHRM serves local human resources professionals in the Mahoning Valley.
ELLWOOD COMPLETES BUILDING WITH PERFECT RECORD: Ellwood Aluminum in Hubbard has finished construction of its new Hubbard facility with a perfect workplace safety record.
The 120,000-square-foot aluminum casting facility was built with no injuries to the employees or the contractors during construction. Construction began on the plant in 2018 and continued through the peak of the COVID-19 pandemic.
The more than $60 million project expanded the company’s aluminum production capabilities to better serve the tool and die, aerospace, forging, plate mill rolling, and extrusion industries.
Ellwood manufactures large diameter aluminum ingots / billets, rectangular slabs, and cast plates.
PNC INTRODUCES LOW CASH MODE: Pittsburgh-based PNC Financial Services has introduced Low Cash Mode, a digital offering the bank expects will help its Virtual Wallet customers avoid overdraft fees.
The device gives customers the power to prioritize payments by determining whether certain debits are processed that otherwise might result in overdrafts, rather than the common industry practice of the bank making the
Alerts will let customers know when their balance is low and, if it is negative, Low Cash Mode provides at least 24 hours to prevent or address overdrafts before fees are charged.
The bank expects it will help customers avoid $125 million to $150 million in overdraft fees per year.
GENERAL EXTRUSIONS PARTNERS WITH MVMC: General Extrusions in Boardman, a family-owned and ISO-certified aluminum extruder, has partnered with the Mahoning Valley Manufacturers Coalition to hire up to 12 new production workers through the coalition’s WorkAdvance program.
WorkAdvance, administered by MVMC and funded primarily through a federal grant, manages and covers the costs of recruiting, training and retaining candidates, taking
that burden off the
The program targets underemployed individuals who are looking to make a career switch, but who may lack the specific training and skills for today’s advanced manufacturing environment. It prepares these individuals through a paid, five-week training program tailored to General Extrusions’ specific job requirements and provides a network of support and job coaching after being hired.
Interested candidates should visit www.workadvanceohpenn.org and register for an information session to learn more about the openings.
ROMEO’S OPENS IN HUBBARD: Romeo’s Pizza recently opened at 124 W. Liberty St., Hubbard.
The opening is led by Patrick Howlett, CEO and president of Howlett Restaurant Group, which has plans to open 30 Romeo’s Pizza locations in eastern Ohio, western Pennsylvania and 10 stores in Tampa, Fla.
The Hubbard shop is the fourth in this region, including locations in Salem, Calcutta and Streetsboro.
LEADERSHIP ROLES ANNOUNCED: Canfield-based Farmers National Banc Corp. has announced that James R. Smail has assumed the role of chairman of the board.
Smail joined the board of directors as vice chairman in July 2015 after the merger of First National Bank of Orrville, where he had served on the board of National Bancshares Corporation, the holding company for First National Bank of Orrville.
In addition, David Z. Paull has assumed the role of vice chairman of the board.
Paull most recently served as vice president at RTI International Metals, Inc. and previously held a number of positions with RTI in human resources, labor relations, safety and administration.
VP NAMED: Ge (Gary) Cao was recently been named to the new position of vice president of enterprise analytics at Akron Children’s Hospital.
Cao, who joined the hospital April 1, will oversee the hospital’s data and analytics strategy in support of its strategic imperatives and goals and will work to build, lead and develop a data and analytics enterprise team.
He joined Akron Children’s after serving in data and analytics leadership roles with Anthem, IXI Corp., Cardinal Health and most recently U.S. Venture, Inc.
NEW PRESIDENT AT GLENBEIGH: Gary Seech was recently named president of Glenbeigh, an alcohol and drug treatment center.
His appointment to the position concluded a national search that began in November 2020.
Glenbeigh, based in Rock Creek, where it has an inpatient hospital, has an outpatient center in Niles.
Seech has served in multiple roles within Glenbeigh in a career that spans over 20 years. He started as an administrator, responsible for daily operations, marketing, fiscal management and business development at Glenbeigh’s Rock Creek and Tampa facilities. He transitioned to Glenbeigh’s Cleveland facility then assumed a director’s role at Rock Creek. As the regional director of operations, Seech was responsible for oversight of multiple outpatient centers as well as business operations and facilities management.
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