Farmers reports strong income in first quarter | News, Sports, Jobs vindy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vindy.com Daily Mail and Mail on Sunday newspapers.
The Canfield-based parent of Farmers National Bank announced that Terry A. Moore is assuming the role of chairman effective Thursday, Sept. 1. He replaces Jim Smail, who resigned from the board on June 16.
The deal closed officially last Friday, July 1. Terms weren't disclosed. Champion Insurance, founded in 1999, will continue to operate under its name from its current location in Champion, Ohio.
Staff report
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 National Bank names Timothy Shaffer as chief credit officer crainscleveland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainscleveland.com Daily Mail and Mail on Sunday newspapers.