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CFBank And Consumers National Bank Enter Into Agreement For Consumers To Purchase CFBank's Two Columbiana County, Ohio Branches


CFBank And Consumers National Bank Enter Into Agreement For Consumers To Purchase CFBank s Two Columbiana County, Ohio Branches
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WORTHINGTON, Ohio and MINERVA, Ohio, Dec. 29, 2020 /PRNewswire/  CFBank, National Association ( CFBank ) and Consumers National Bank ( Consumers ) have announced the signing of a branch purchase and assumption agreement pursuant to which Consumers will acquire the Wellsville, Ohio drive-up branch and the Calcutta, Ohio branch of CFBank.
The purchase and assumption agreement provides for the transfer by CFBank to Consumers of the land, buildings and other associated assets of the two branches, approximately $100 million in deposits, and certain loans and other interest earning assets.  In exchange, Consumers will pay to CFBank the net book value of the land, building and associated assets of the branches, the par value of the earning assets, and a deposit premium equal to 1.75% ....

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New restaurant to carry on DeChellis family Italian food tradition


CANTON The New York-style pizza served for many years by the DeChellis family still is available, but the location has changed.
Michael DeChellis and Bobbie Alm are making the pizzas and other fare in the former Lucia s restaurant building at 1076 O Jays Parkway NE. Pick-up and delivery orders currently are available, and eventually DeCehllis and Alm hope to be open and serving dine-in customers at their yet-to-be-named location.
The plan is to continue the pizza and Italian restaurant launched by Michael s father, Philip J. DeChellis in the late 1980s in Alliance and then Canton. In 1988, Philip DeChellis opened Napoli s Pizza at 300 Cleveland Ave. N and 10 years later relocated to the former Salad Bowl at 221 Market Ave. N. ....

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Pandemic hasn't stopped retail interest in Salem | News, Sports, Jobs


Staff Writer
Morning Journal/Mary Ann Greier
The Chipotle at the corner of Southeast Boulevard and East State Street is one of several businesses which opened new locations in Salem, including Quaker Steak & Lube and Circle K, despite the COVID-19 pandemic and the challenges that come with it. Sustainable Opportunity Development Center Executive Director Julie Needs said it’s a sure sign that developers see Salem as the place to be.
SALEM The COVID-19 pandemic apparently isn’t stopping companies from investing in Salem, with several new locations of businesses, some new to the city, opening up in the past month and a half. ....

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Consumers earns top lender awards | News, Sports, Jobs


Dec 14, 2020
MINERVA- For the fifth consecutive year, Consumers National Bank has received the Top Community Bank Lender Award and a Top Five Lender Award for the first time from the U.S. Small Business Administration’s Cleveland District Office.
The Top Community Bank Lender Award recognizes the bank’s outstanding performance making SBA 7(a) and SBA Express loans during SBA fiscal year 2020, ranking first among community banks in the 28 northern Ohio counties served by the Cleveland SBA Office.
The Top Five Award includes the top five banks in all categories and all sizes large as well as community banks in 28 northern counties of Ohio in SBA 7(a) loan volume. ....

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Business growth continues in Salem despite pandemic | News, Sports, Jobs


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The Chipotle at the corner of Southeast Boulevard and East State Street is one of several businesses which opened new locations in Salem, including Quaker Steak & Lube and Circle K, despite the COVID-19 pandemic and the challenges that come with it. Sustainable Opportunity Development Center Executive Director Julie Needs said it’s a sure sign that developers see Salem as the place to be. (Salem News photo by Mary Ann Greier)
SALEM The COVID-19 pandemic apparently isn’t stopping companies from investing in Salem, with several new locations of businesses, some new to the city, opening up in the past month and a half. ....

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