Ohio lending – Columbus Chamber http://columbus-chamber.org/ Wed, 22 Jun 2022 19:18:08 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://columbus-chamber.org/wp-content/uploads/2021/05/cropped-icon-32x32.png Ohio lending – Columbus Chamber http://columbus-chamber.org/ 32 32 KeyBank, NeighborWorks and The Fair Housing Center Celebrate First Closed Loan in Program to Expand Access to Home Loans for Single-Family Properties Across Toledo https://columbus-chamber.org/keybank-neighborworks-and-the-fair-housing-center-celebrate-first-closed-loan-in-program-to-expand-access-to-home-loans-for-single-family-properties-across-toledo/ Wed, 22 Jun 2022 19:18:08 +0000 https://columbus-chamber.org/keybank-neighborworks-and-the-fair-housing-center-celebrate-first-closed-loan-in-program-to-expand-access-to-home-loans-for-single-family-properties-across-toledo/ Published 5 minutes ago Proposed by KeyBank Pictured: Representatives from KeyBank, NeighborWorks and The Fair Housing Center welcome Cynthia and Larry Robinson to their new home in West Toledo. TOLEDO, Ohio, June 22, 2022 /CSRwire/ — KeyBank, NeighborWorks and The Fair Housing Center celebrated the first loan closing under a new program to make financing […]]]>

Published 5 minutes ago

Proposed by KeyBank

Pictured: Representatives from KeyBank, NeighborWorks and The Fair Housing Center welcome Cynthia and Larry Robinson to their new home in West Toledo.

TOLEDO, Ohio, June 22, 2022 /CSRwire/ — KeyBank, NeighborWorks and The Fair Housing Center celebrated the first loan closing under a new program to make financing single-family homes easier and more affordable for people with low incomes. low to middle income and families throughout the city of Toledo.

Cynthia and Larry Robinson, clients of NeighborWorks Financial Wellness Center, are the first homeowners to close their loan by financing it through the unique loan program. As clients, the Robinsons received homebuyer training and financial counseling before applying for the home loan. The house the couple are moving into has been recently renovated with accessibility features for their disabled child.


Pictured: Cynthia and Larry Robinson receive gifts to celebrate their first home, funded by a new loan program in the city of Toledo.

KeyBank invested $3 million in the program in fall 2021, and NeighborWorks is responsible for administering these funds.

“This type of program is critical to the revitalization of the city of Toledo,” said Jim Hoffman, president of the Northwest Ohio Market at KeyBank. “At Key, we remain committed to connecting our neighbors to the opportunities that allow them to thrive and this is one of the many ways we can do that. We look forward to many more success stories with this program and we are excited to partner with organizations that are proud of this city.

KeyBank’s investment is estimated to help 60 mortgage and refinance loans at below-market rates for borrowers primarily in LMI neighborhoods. To be eligible, borrowers must have an annual income not exceeding 80% of the region’s median income.

“NeighborWorks Toledo is honored to have played a role in the Robinson family’s success as a homebuyer,” said William Farnsel, CEO of NeighborWorks. “The Robinsons are committed to becoming the newest part of the fabric of the Englewood neighborhood.”


Pictured: Representatives from KeyBank, NeighborWorks, Fair Housing Center and the City of Toledo gather outside the Robinson family home to celebrate the new loan program.

Learn more about KeyBank’s efforts to support the program here:

Local habitat, financial partnerships help access to property | Blade of Toledo

Toledo Organizations Celebrate Successful Purchase Under Home Loan Program | NBC24

Local Partnership Helps Families Access Homeownership | 13abc

About NeighborWorks Toledo Region

NeighborWorks America® is the nation’s preeminent leader in affordable housing and community development, working to create opportunities for low-income people to live in affordable homes in safe, sustainable neighborhoods that are healthy places to live. families. NeighborWorks TOLEDO REGION restores and revitalizes NeighborWorks® neighborhoods, primarily to benefit current and future residents, by providing services and programs that renew pride, stimulate reinvestment and restore trust.

About the Fair Housing Center

Vision

The Fair Housing Center will be a visible leading force in the prevention, correction and elimination of discriminatory housing practices. To achieve our vision, the Center works as a trusted community resource, engaging in education and awareness, advocacy for anti-discrimination housing policies, mediation, research and investigation, and advocacy. ‘application.

Assignment

The Fair Housing Center is a nonprofit civil rights agency that promotes housing choice, the creation of inclusive communities of opportunity, and the protection and expansion of fair housing rights to support strong communities. and free from discrimination in housing.

The work that formed the basis of this publication was supported by funding under a grant from the United States Department of Housing and Urban Development. The substance and the results of the work are dedicated to the public. The author and publisher are solely responsible for the accuracy of the statements and interpretations contained in this publication. Such interpretations do not necessarily reflect the views of the federal government.

EQUAL OPPORTUNITY SPECIALISTS

OPERATIONAL MEMBER OF THE NATIONAL FAIR HOUSING ALLIANCE

Key Bank logo

KeyBank

KeyBank

KeyCorp’s roots go back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest banking financial services companies, with assets of approximately $176.2 billion as of March 31, 2021. Key provides deposit, lending, cash and investment management to individuals and businesses in 15 members under the name KeyBank National Association through a network of approximately 1,100 branches and more than 1,400 ATMs. Key also offers a wide range of sophisticated corporate and investment banking products, such as advice on mergers and acquisitions, public and private debt and capital, syndications and derivatives to middle market companies. in selected industries across the United States under the trade name KeyBanc Capital Markets. For more information, visit https://www.key.com/. KeyBank is an FDIC member.

More KeyBank

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Strong consumer spending may stave off recession, but pandemic economies are exhausted https://columbus-chamber.org/strong-consumer-spending-may-stave-off-recession-but-pandemic-economies-are-exhausted/ Mon, 20 Jun 2022 18:37:19 +0000 https://columbus-chamber.org/strong-consumer-spending-may-stave-off-recession-but-pandemic-economies-are-exhausted/ Neither the author, Tim Fries, nor this website, The Tokenist, provides financial advice. Please review our website policy before making any financial decisions. Over the weekend, Treasury Secretary Janet Yellen tried to allay fears about growing economic distress. Although the latest Financial Times survey reports that 68% of macroeconomists predict a recession by 2023, Yellen […]]]>
Neither the author, Tim Fries, nor this website, The Tokenist, provides financial advice. Please review our website policy before making any financial decisions.

Over the weekend, Treasury Secretary Janet Yellen tried to allay fears about growing economic distress. Although the latest Financial Times survey reports that 68% of macroeconomists predict a recession by 2023, Yellen remains optimistic.

In an interview on ABC’s This Week on Sunday, Yellen noted several points as to why a recession isn’t set in stone.

  • Consumer spending is still strong, albeit skewed towards basic necessities due to higher food and gasoline prices.
  • For April, personal income increased by $89.3 billion (0.4%), while personal disposable income (PDI) increased by $48.3 billion (0.3%).
  • Administrator Biden is also considering the idea of ​​a federal gasoline tax exemption, which is currently 18.4 cents per gallon (now above $5).

Yellen noted that it will take “skill and luck” to avoid recession, but it is possible. However, macroeconomic factors still cast a shadow of uncertainty over the US economy.

Who calls a recession?

Many factors must be taken into account to declare a recession: rising unemployment, falling gross domestic product (GDP) over a period of time, and a reduction in retail sales and personal income. Due to the complexity involved, it is not for anyone to declare the recession as such.

Instead, the nonpartisan National Bureau of Economic Research (NBER) must come to this conclusion through its Business Cycle Dating Committee. The NBER then reports it to the Federal Reserve and US Treasury who act accordingly.

Image credit: nber.org, source: Bureau of Labor Statistics via Federal Reserve Bank of St. Louis

As you can see, when the unemployment rate is high, the NBER usually declares a recession (shaded periods), but only if accompanied by other parameters. In May, the unemployment rate was 3.6%, for the third month in a row.

Consumer spending: a key metric for determining recession risk

If consumer spending does not stay positive, there is generally no growth in retail sales. This, in turn, can lead to increased unemployment. As noted earlier, personal income expenditures and DPI increased in April.

Personal consumption expenditure (PCE) increased by $152.3 billion (0.9%), according to the Bureau of Economic Analysis (BEA). Overall consumer spending reached $13,924.80 billion in the first quarter of 2022.

However, it remains to be seen whether May and June will maintain this trend. The next report is not expected before June 30. In the meantime, it is clear that the inflation rate, currently at 8.6%, is not accompanied by wage growth. It currently sits at 6.1% unweighted for all categories in May.

Tracking wage growth, image credit atlantafed.org

In addition, the high rate of inflation for 40 years is rapidly eating away at people’s savings. As another measure of disposable income, the personal savings rate fell to 4.4% in April, a return to the level of the 2008 global financial crisis.

Personal savings rate since 1960, image credit: Federal Reserve Bank of St. Louis

Similarly, to maintain the current standard of living while keeping their debts, consumers are tapping into their revolving credit card debt, after increasing it by 19.6% in April. Needless to say, this increased total debt by 8.2% in the first quarter of 2022.

Image credit: KKR.com

In raw numbers, credit card debt jumped to $1.103 trillion. Given that the richest 20% of households by income level own 49% of the real estate, it is also not surprising that the total indebtedness of American households is linked to mortgages.

According to the Federal Reserve Bank of New York, the first quarter of 2022 ended with an increase in household debt of $266 billion (1.7%), for a total of $15.84 trillion, which is at pre-C19 level. Of this amount, $250 billion corresponds to the increase in mortgage loans, to $11.18 trillion in March.

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Stimulus checks spent

In conclusion, what does Yellen mean by “skill and luck” given these data points? First, it’s hard to take someone seriously after repeatedly failing to consider that a historic increase in the money supply won’t cause runaway inflation.

Moreover, given the lowest personal savings rate in 14 years, it is clear that $5 trillion spent on stimulus checks has been exhausted:

  • $1.8 trillion to singles and families
  • $1.7 trillion to businesses
  • $745 billion to local and state municipalities
  • $482 for health care
  • $288 for miscellaneous

In other words, when Ohio police have to cut back on regular patrols due to skyrocketing gas prices, that’s not a good sign. Inflation may have already swallowed up the windfall of stimulus checks, but high gas prices are even more damaging to all goods and services that rely on transportation.

This is one of the main reasons why consumer confidence is at an all-time low, triggering a sell-off in all markets. Over the past five days, only the Nasdaq (NDAQ) has risen against the Dow Jones Industrial Average (DJI) and S&P 500 (SPY) indices.

Of the major assets, Ethereum is the worst as smart contract platforms take a hit. Image Credit: Commercial View

Crypto assets are still having a bad week, due to all the leveraged liquidations. As Bitcoin briefly dipped below $18 in the past two days, $600 million in liquidations took place. Of course, the contagion spread from Terra’s collapse to Celsius and 3AC had an additional selling effect.

Should weak consumer confidence change, significant positive news for gasoline prices should follow. This will be clarified after President Biden meets with Saudi officials next month.

Finances change.

Find out how, with Five Minute Finance.

A weekly newsletter that covers major trends in FinTech and Decentralized Finance.

Due to late reports, do you think we are already in a recession, as Elon Musk pointed out last month? Let us know in the comments below.

About the Author

Tim Fries is the co-founder of The Tokenist. He has a B.Sc. in Mechanical Engineering from the University of Michigan and an MBA from the University of Chicago Booth School of Business. Tim was a senior partner on the investment team in the US Private Equity division of RW Baird and is also a co-founder of Protective Technologies Capital, an investment firm specializing in detection, protection and control solutions.

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College football bowl projections ahead of 2022 season, via CFB News https://columbus-chamber.org/college-football-bowl-projections-ahead-of-2022-season-via-cfb-news/ Sat, 18 Jun 2022 20:06:20 +0000 https://columbus-chamber.org/college-football-bowl-projections-ahead-of-2022-season-via-cfb-news/ It’s never too early for college football projections ahead of the 2022 season, and thanks to College Football News’ Pete Fiutak, fans are getting another look at the playoffs. The full 43-game college football schedule was revealed last month, providing us with game dates, kick-off times and the TV schedule for your viewing […]]]>

It’s never too early for college football projections ahead of the 2022 season, and thanks to College Football News’ Pete Fiutak, fans are getting another look at the playoffs. The full 43-game college football schedule was revealed last month, providing us with game dates, kick-off times and the TV schedule for your viewing pleasure. Next season’s College Football Playoff National Championship will be played at SOFI Stadium in Inglewood, California on January 9, 2023.

New Year’s Day falls on a Sunday, which means many bowl slate marquee games will be played on December 31, including the two playoff semifinal matchups in the Peach and Fiesta, respectively.

A few offseason notes as reminders – the annual Outback Bowl in Tampa, Fla., was renamed ReliaQuest Bowl after losing its title sponsor after two decades. The game will be played Jan. 2 and will feature an SEC team against a Big Ten or ACC program.

Get the fastest scores, stats, news, live videos and more. CLICK HERE to download the CBS Sports mobile app and get the latest news on your team today.

Here’s a look at College Football News’ post-spring bowl projection:

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TFS Financial Stock: Buy This Bank at 8.3% Yield at a Discount (NASDAQ:TFSL) https://columbus-chamber.org/tfs-financial-stock-buy-this-bank-at-8-3-yield-at-a-discount-nasdaqtfsl/ Wed, 15 Jun 2022 01:00:00 +0000 https://columbus-chamber.org/tfs-financial-stock-buy-this-bank-at-8-3-yield-at-a-discount-nasdaqtfsl/ sshepard/E+ via Getty Images Financial TSF (NASDAQ: TFSL) is a regional bank stock that I own primarily for yield. I own it to serve as a fixed income alternative, as do many of its other holders. With the recent sell-off of bonds, preferred stocks and other income investments, TFSL the stock was also affected: Data […]]]>

sshepard/E+ via Getty Images

Financial TSF (NASDAQ: TFSL) is a regional bank stock that I own primarily for yield. I own it to serve as a fixed income alternative, as do many of its other holders. With the recent sell-off of bonds, preferred stocks and other income investments, TFSL the stock was also affected:

Chart
Data by YCharts

After recouping its pandemic-induced losses in early 2021, stocks are now nearly back to March 2020 lows.

As the stock price fell, the dividend yield rose. TFS has increased its dividend for seven consecutive years, so there has been dividend growth on top of the yield increase even though the stock price has fallen:

Chart
Data by YCharts

As long as TFS Financial can cover its dividend – which, as we’ll see in a moment – ​​stocks are very attractive as a fixed income alternative at current prices.

TFS is a Mutual Holding Company: Here’s Why It Matters

TFS Financial is in a unique situation as it is a mutual “MHC” holding company. In an MHC structure, shares that have not yet been issued to the public are still counted as shares outstanding and therefore significantly dilute a company’s reported earnings and other financial metrics. The truth is that the vast majority of TFS and other CMH’ The reported “stocks” don’t actually exist in any meaningful way, and therefore market caps, PE ratios, and all the other financial metrics you see in the filters are wrong.

Fortunately, TFS management has started trying to help the public understand the real financials with helpful slides in its recent quarterly earnings presentations:

TFSL Stock Overview

TFSL Stock Overview (corporate presentation)

As the slide explains, the dividend only goes to minority shareholders. So despite paying out a dividend yield of then 6.8% (now 8.3%), the company’s dividend was fully covered and then part of the net income, the payout ratio being 91 % and 70% of net income in the last six months and fiscal year, respectively.

Additionally, TFS Financial has delivered incredible and consistent results over the past few years. Here are his last five years of earnings per minority share:

  • Exercise 21: $1.51
  • Fiscal year 2020: $1.57
  • Fiscal year 2019: $1.52
  • Fiscal 2018: $1.61
  • Fiscal 2017: $1.64

There has been no growth to speak of, and the bank’s returns on equity and net interest margins remain low. But when a bank can reliably earn about $1.50 per share per year and pay out $1.13 of those earnings as dividends each year, it’s still an attractive offer when shares are selling for just $13.50. $. This gives a dividend yield of 8.3% and an earnings yield of over 10%.

Additionally, as the company explains in this slide, the true book value per minority share now stands at $33.43, which has increased significantly over the past decade. The dividend is not the only way to generate shareholder value.

As an additional point regarding the safety of dividends, the company is capitalized well beyond regulatory requirements. This gives TFS full flexibility to pay significant dividends and/or continue to act on its currently authorized share buyback program, regardless of short-term earnings volatility or general market conditions.

Low risk safe operations

As mentioned, the big knock against TFS Financial is that it is not a particularly profitable bank. It earns an unattractive “NIM” net interest margin of 1.82% last quarter. This is well below your average regional bank, which would be closer to 3%. However, in exchange for low yields on its loans, TFS has an excellent quality loan portfolio.

The company’s cost of capital is also quite low, averaging just 1.0% last quarter.

Cost of TFS Funds

Cost of TFS Funds (Corporate presentation)

Indeed, it has a strong deposit base, with a significant portion of its total deposits being made up of checking and savings accounts paying just 0.1% on average. Its CDs only offer 1.1% as well. The company’s borrowings from other sources also cost just 1.5% overall, with even longer maturities available for less than 2%.

On the asset side of the equation, TFS faces some risk as 36% of its loans are fixed rate mortgages with terms of 10 years or longer. This is where TFS can be hurt if rates appreciate significantly and stay high. However, 10% of its loans are fixed rate mortgages that mature in 10 years or less, and the remaining 54% of the loan portfolio are variable rate mortgages, HELOCs and ELOANs, which are expected to have better return profiles in a rising interest rate environment. .

It should also be noted that 50% of TFS’ loan portfolio is in the state of Ohio. This means that TFS has less risk than if its loan portfolio were exposed to faster growing housing markets with higher prices and levels of speculation.

Additionally, TFS’s underwriting is exceptionally conservative. For the last fiscal year, TFS’s average new loan was granted to a borrower with a FICO score of 777 and only 59% LTV. It’s hard to imagine TFS losing a lot of money on these kinds of ultra-safe loans, regardless of what’s happening in the short-term housing market. This is especially true when lending on 59% of Ohio’s value rather than a more speculative state.

Conclusion of TFSL Stock

Now, how do we move from a stock price below $14 now closer to book value or at least a more reasonable P/E ratio? The easiest option would be for the bank to convert to a regular structure, thus leaving the MHC behind, and then selling itself. The current CEO has said he doesn’t want to convert under his leadership, but he’s getting old. The bank could be put up for sale fairly quickly if and when he decides to retire.

Otherwise, the stock may drift higher thanks to its rising book value. I think the stock would need to trade closer to 65-70% of book value to account for the MHC discount, which would put the stock around $22. At that price, it would still offer a dividend of over 5%, giving investors enough incentive to stick around.

That said, stocks have reached attractive value levels here as they continue to decline. With this exceptionally conservative and bland bank’s generous dividend now over 8%, this is a fantastic income stock. I also expect significant stock price appreciation once the current bloodbath in the fixed income market finally subsides.

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Ohio Mortgage Calculator | the ascent https://columbus-chamber.org/ohio-mortgage-calculator-the-ascent/ Mon, 13 Jun 2022 14:51:03 +0000 https://columbus-chamber.org/ohio-mortgage-calculator-the-ascent/ Ohio Real Estate Market 2022 Sales activity in the Ohio housing market has remained relatively flat over the past year, according to the Ohio Realtor. The average home value in Ohio is $196,213. While the number of homes sold in Ohio has remained stable, Ohio home values ​​have increased 15.7% over the past year. At […]]]>

Ohio Real Estate Market 2022

Sales activity in the Ohio housing market has remained relatively flat over the past year, according to the Ohio Realtor. The average home value in Ohio is $196,213. While the number of homes sold in Ohio has remained stable, Ohio home values ​​have increased 15.7% over the past year. At the same time, the number of homes sold increased by 2.7% and the number of homes for sale fell by 25.9%.

Ohio has an affordable real estate market. Columbus, the capital of Ohio, has become a popular destination for young professionals. Columbus is also home to The Ohio State University and its approximately 45,000 students. Columbus is one of the top 10 cities expected to see increased home sales in 2022.

How do I calculate my mortgage payment?

We recommend using an Ohio Mortgage Calculator. The formula to calculate by hand is quite complex. It looks like this:

Despite the rise in mortgage rates over the past few months, mortgage rates are still relatively low right now. To calculate your monthly mortgage payments in Ohio, you’ll need to enter your estimated mortgage amount, the term of your loan, and the rate you think you qualify for.

The term of your loan is the number of years you have to pay off your mortgage. Keep in mind that the higher your credit score, the more likely you are to get the most competitive rate available. The Mortgage Calculator for Ohio also has an option to enter your down payment amount. The more you invest, the less you will need to borrow and your monthly mortgage costs will be lower.

What other fees do I have to pay?

There are other monthly expenses you’ll need to consider, such as home insurance and property taxes. When using our Ohio Mortgage Calculator, remember that property taxes paid as a percentage of owner-occupied homes average 1.62%. Ohio has one of the highest property taxes in the country. Property taxes may change depending on your county.

Homeowners can also be part of a homeowners association (HOA) and must pay a monthly HOA fee in addition to their mortgage payments. HOA fees typically cover maintenance of common areas and often include services such as garbage removal. To enter these additional costs into the Ohio Mortgage Calculator above, simply click on “Additional Inputs” (under “Mortgage Type”).

You may also need to consider private mortgage insurance (PMI). Homeowners will have to pay PMI if they don’t put down at least a 20% down payment on their home. With all of these potential costs, it’s worth using our Ohio home loan calculator. Our tool will help you break down your costs so you can see what your monthly mortgage payments will look like under different scenarios. If you’re looking to refinance an existing mortgage, our Ohio mortgage calculator can also help you figure out your monthly payment — and you can check out our list of the best refinance lenders to start that process.

What to know before buying a house in Ohio

Before buying a home in Ohio, it’s important to make sure your finances are in order. You will need:

There are also specific issues you should be aware of when buying a home in Ohio. The state is mostly plains, but has five distinct regions: the Great Lakes Plains, the Till Plains, the Appalachian Plateau, the Bluegrass Region, and the Lake Erie Shoreline. Due to its proximity to major rivers and its location in the Midwest, Ohio is susceptible to flooding and tornadoes.

Despite the 15.7% increase in home values ​​last year, homes in Ohio are also relatively cheaper than homes in New York. It’s important to know what you want, find the perfect location, and work with the right mortgage agents and lenders to find the best price and rates.

Learn more: Homebuyer’s Checklist

Tips for First Time Home Buyers in Ohio

Here are some important tips for first-time home buyers to help them navigate the process. There are several programs available to first-time home buyers through the Ohio Housing Finance Agency (OHFA). OHFA offers conventional mortgages specifically designed for low- to middle-income homebuyers.

OHFA allows buyers to choose a down payment of 2.5% or 5% of the purchase price of the home. Assistance can be applied to down payments, closing costs, or other pre-closing expenses. This aid is forgiven after seven years.

To qualify for the OHFA mortgage program, homebuyers will need to have a minimum credit score of 640, meet income and purchase price limits, and meet debt ratios for the loan type. .

Loans and programs for home ownership

Here are other homeownership programs to consider and explore:

  • FHA loans are mortgages repaid by the Federal Housing Authority and require a 3.5% down payment.
  • VA loans are for military service members and require a 0% down payment.
  • USDA loans are government guaranteed loans for qualifying properties and require a 0% down payment.
  • Fannie Mae and Freddie Mac are conventional loans that require a 3% down payment.

Decide on a home buying budget

Once you’ve decided on the best plan and shopped around with different lenders, it’s important to decide on a home buying budget. Many experts recommend that your monthly house payment (including additional costs) be no more than 30% of your monthly income.

It’s also important to maintain a good credit rating, so don’t apply for credit cards or other loans right before your house hunt. Credit report inquiries will impact your credit score. You should also have enough money saved for closing costs. Other costs such as loan fees, inspections and processing fees are generally not covered by the loan.

Read more: Best mortgage lenders for first-time home buyers

Still have questions ?

Here are some other questions we answered:

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Star presenter David Koechner cited with second DUI in six months https://columbus-chamber.org/star-presenter-david-koechner-cited-with-second-dui-in-six-months/ Sat, 11 Jun 2022 20:20:00 +0000 https://columbus-chamber.org/star-presenter-david-koechner-cited-with-second-dui-in-six-months/ For the second time in six months, comedian David Koechner has been cited with a DUI. Earlier this month, the Presenter former student was ticketed in Ohio for OVI, or driving a vehicle while impaired. His first hearing in the Ohio case is scheduled for July 8. The actor reportedly traveled to Ironton, Ohio to […]]]>

For the second time in six months, comedian David Koechner has been cited with a DUI. Earlier this month, the Presenter former student was ticketed in Ohio for OVI, or driving a vehicle while impaired. His first hearing in the Ohio case is scheduled for July 8. The actor reportedly traveled to Ironton, Ohio to host a themed trivia party Officea show he starred in throughout its nine seasons on NBC.

He had already been arrested on New Year’s Eve in a similar situation. At that time he was arrested on suspicion of driving under the influence and being involved in an accident from which he fled.

“Police sources told TMZ … police received a call for an erratic driver, who a patrol officer located – only to find David driving,” TMZ’s initial report said. “We’re told he underwent field sobriety tests, didn’t do well…and was arrested for drunk driving and allegedly hitting a traffic sign with his car…”

He continued: “…Police sources tell us that Koechner punctured two tires before being arrested. We are told that he blew a .13 BAC in the field, then a .12 once back at the station According to online records, he was released early the next morning … around 5 a.m. PT He has a court date in March to answer for that arrest.

His final credits are for lending his voice to Disney’s Puppy Buddies and animation from Netflix Marmaduke characteristic. In a recent interview, the comedian expressed his desire to get more TV sitcom roles that would allow him to stay in Hollywood and be closer to his family.

“I have a wife and five kids, so my preference would be to do a sitcom, because that way I can stay home with my wife and kids all the time. Unfortunately nowadays most long footage is shot out of town, which is difficult,” Koechner once explained to ScreenCrush. “And, where there’s nothing better than the consistency of a TV show. Because you know where you’re going to be, how long you’re going to be, you’re going to know where your breaks are, you know, usually , how many hours you’ll be working during the day. And on TV, you have a two-week break. I mean, it’s one of the greatest jobs in the world.

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Contrast between Limestone Bancorp (NASDAQ:LMST) and Huntington Bancshares (NASDAQ:HBAN) https://columbus-chamber.org/contrast-between-limestone-bancorp-nasdaqlmst-and-huntington-bancshares-nasdaqhban/ Fri, 10 Jun 2022 00:13:05 +0000 https://columbus-chamber.org/contrast-between-limestone-bancorp-nasdaqlmst-and-huntington-bancshares-nasdaqhban/ Huntington Bancshares (NASDAQ:HBAN – Get Rating) and Limestone Bancorp (NASDAQ:LMST – Get Rating) are both finance companies, but which is the better stock? We’ll compare the two companies based on the strength of their analyst recommendations, valuation, dividends, risk, profitability, earnings, and institutional ownership. Volatility and risk Huntington Bancshares has a beta of 1.18, suggesting […]]]>

Huntington Bancshares (NASDAQ:HBAN – Get Rating) and Limestone Bancorp (NASDAQ:LMST – Get Rating) are both finance companies, but which is the better stock? We’ll compare the two companies based on the strength of their analyst recommendations, valuation, dividends, risk, profitability, earnings, and institutional ownership.

Volatility and risk

Huntington Bancshares has a beta of 1.18, suggesting its stock price is 18% more volatile than the S&P 500. By comparison, Limestone Bancorp has a beta of 0.68, suggesting its stock price is 32% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of the current ratings and recommendations for Huntington Bancshares and Limestone Bancorp, as reported by MarketBeat.com.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
Huntington Bancactions 3 3 3 1 2.20
Limestone Bancorp 0 0 1 0 3.00

Huntington Bancshares currently has a consensus price target of $16.28, indicating a potential upside of 24.45%. Limestone Bancorp has a consensus price target of $23.00, indicating a potential upside of 16.04%. Given the likely higher upside of Huntington Bancshares, research analysts clearly believe that Huntington Bancshares is more favorable than Limestone Bancorp.

Dividends

Huntington Bancshares pays an annual dividend of $0.62 per share and has a dividend yield of 4.7%. Limestone Bancorp pays an annual dividend of $0.20 per share and has a dividend yield of 1.0%. Huntington Bancshares pays 53.0% of its profits as a dividend. Limestone Bancorp pays 10.0% of its profits as a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings over the next few years. Huntington Bancshares has increased its dividend for 11 consecutive years. Huntington Bancshares is clearly the better dividend-paying stock, given its higher yield and longer track record of dividend growth.

Valuation and benefits

This table compares the revenue, earnings per share (EPS), and valuation of Huntington Bancshares and Limestone Bancorp.

Gross revenue Price/sales ratio Net revenue Earnings per share Price/earnings ratio
Huntington Bancactions $6.08 billion 3.10 $1.30 billion $1.17 11.18
Limestone Bancorp $58.35 million 2.25 $14.91 million $2.00 9.91

Huntington Bancshares has higher revenue and profit than Limestone Bancorp. Limestone Bancorp trades at a lower price-to-earnings ratio than Huntington Bancshares, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares the net margins, return on equity and return on assets of Huntington Bancshares and Limestone Bancorp.

Net margins Return on equity return on assets
Huntington Bancactions 26.96% 12.19% 1.19%
Limestone Bancorp 25.92% 11.93% 1.11%

Insider and Institutional Ownership

79.3% of Huntington Bancshares shares are held by institutional investors. By comparison, 44.6% of Limestone Bancorp’s shares are held by institutional investors. 0.7% of Huntington Bancshares shares are held by insiders. By comparison, 15.9% of Limestone Bancorp’s shares are held by insiders. Strong institutional ownership indicates that large money managers, endowments, and hedge funds believe a stock will outperform the market over the long term.

Summary

Huntington Bancshares beats Limestone Bancorp on 14 of the 18 factors compared between the two stocks.

Huntington Bancshares Company Profile (Get a rating)

Huntington Bancshares Incorporated operates as a bank holding company for Huntington National Bank which provides commercial, consumer and mortgage banking services in the United States. The Company operates through four segments: Personal and Commercial Banking; The Commercial Bank; Vehicle financing; and Regional Banking and The Huntington Private Client Group (RBHPCG). The Consumer and Business Banking segment offers financial products and services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, credit cards and personal and small business loans, as well as investment products. This segment also provides mortgage, insurance, interest rate risk protection, foreign exchange, automated teller machine and cash management services, as well as online, mobile and telephone banking. It serves consumers and small businesses. The Commercial Banking segment offers regional commercial banking solutions for middle market businesses, government and public sector entities and commercial real estate developers/REITs; and specialist banking solutions for healthcare, technology and telecommunications, franchise financing, sponsor financing and global services. It also provides asset financing services; capital raising solutions, sales and trading products and enterprise risk management; institutional banking services; and cash management services. The Vehicle Finance segment provides financing to consumers for the purchase of automobiles, light trucks, recreational vehicles and watercraft at franchise dealerships and other select dealerships, as well as to franchise dealerships for the acquisition of new and used inventory. The RBHPCG segment offers private banking, wealth and investment management and pension plan services. As of March 18, 2022, the company had approximately 1,000 branches in 11 states. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio.

Limestone Bancorp Company Profile (Get a rating)

Bancorp Limestone LogoLimestone Bancorp, Inc. operates as a bank holding company for Limestone Bank, Inc. which provides a range of personal and corporate banking products and services. The Company’s deposit products include savings, interest control and money market accounts, as well as fixed rate certificates with different maturities. It also provides commercial loans for the purchase of equipment, working capital and other commercial enterprise financing needs; and commercial real estate loans which include loans on properties occupied by borrowers and tenants, as well as construction and development loans secured by land under development or homes and commercial buildings under construction. Additionally, the company offers residential real estate loans; consumer loans; agricultural loans secured by livestock, crops and equipment; and other loans, including municipal loans, equity-secured loans and overdrafts. Additionally, it provides drive-thru banking, ATMs, personalized checks, credit and debit cards, electronic funds transfers through ACH services, domestic and foreign wire transfers, and loan and debit accounts. deposit ; and curbside banking, night deposit, internet and mobile banking, cash management, remote deposit, cash management and safe deposit box services. The company primarily serves communities and small and medium-sized businesses, the owners and employees of these businesses, and other executives and professionals. It operates 20 banking offices in 14 Kentucky counties. The company was formerly known as Porter Bancorp, Inc. and changed its name to Limestone Bancorp, Inc. in May 2018. Limestone Bancorp, Inc. was founded in 1902 and is headquartered in Louisville, Kentucky.



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The Center for Community Investment’s Leadership Development Program Announces 16 Fellows Focused on… | https://columbus-chamber.org/the-center-for-community-investments-leadership-development-program-announces-16-fellows-focused-on/ Tue, 07 Jun 2022 20:08:31 +0000 https://columbus-chamber.org/the-center-for-community-investments-leadership-development-program-announces-16-fellows-focused-on/ Washington, DC, June 07, 2022 (GLOBE NEWSWIRE) — The Center for Community Investment (CCI) at the Lincoln Institute of Land Policy is pleased to announce the selection of its fourth cohort of Fulcrum Scholars. These 16 dynamic changemakers will participate in a 15-month action learning program that aims to help leaders create meaningful systemic change […]]]>

Washington, DC, June 07, 2022 (GLOBE NEWSWIRE) — The Center for Community Investment (CCI) at the Lincoln Institute of Land Policy is pleased to announce the selection of its fourth cohort of Fulcrum Scholars. These 16 dynamic changemakers will participate in a 15-month action learning program that aims to help leaders create meaningful systemic change through collaboration across silos and sectors. They will also join a network of leaders committed to advancing racial equity and helping disengaged communities achieve their environmental, social and economic priorities.

This year’s fellows span the country from Vermont to California and from Florida to Minnesota, using their work in housing, creative place-making, philanthropy, and economic and community development to spark more resilient and equitable communities. During the hands-on, intensive fellowship, fellows will participate in six multi-day seminars and receive regular coaching and support from staff while developing their knowledge and skills in community investment, racial equity, and leadership. adaptive. Each fellow will also pursue a meaningful effort in their community that will leverage investment capital to succeed and has the potential to change the way the community organizes and deploys community investment.

“The COVID-19 crisis has made visible the inequalities that have long plagued our nation. As we slowly emerge from the pandemic and face new economic challenges, leaders have a critical opportunity to develop and deploy the community investments and systems change strategies needed to achieve more equitable outcomes. These outstanding Fulcrum Scholars will develop their skills in adaptive leadership and community investment and deepen their understanding of racial equity and CCI’s capital absorption framework,” said CCI Chief Executive Robin Hacke. “We are incredibly excited to announce this cohort and help them tackle some of the biggest challenges facing our communities.”

The 16 scholarship recipients are:

Shanti Abedin Director, Shared Equity Housing NeighborWorks America Washington, DC

Tara Agrawal Director of Community Investment Boston Children’s Hospital Boston, Massachusetts

Oji Alexander Executive Director Home by Hand Inc. New Orleans, Louisiana

Mileyka Burgos-Flores Executive Director The Allapatah Collaborative CDC Miami, Florida

Rebecca Cordes Chan Executive Director Friends of the Rail Park Philadelphia, Pennsylvania

Jorge Damian de la Paz Senior Strategist for Government Innovation in the Miami-Dade County Mayor’s Office Miami, Florida

Eliisa Frazier Director, Racial Equity & Impact Lending Low Income Investment Fund New York, New York

Jaime Gloshay Co-Director and Co-Founder Native Women Lead Albuquerque, New Mexico

Keisha González Program Director, Community and Economic Development and Social Impact Investing Cleveland Foundation Cleveland, Ohio

Lyric Kelkar Policy Director Inclusive Action for the City Los Angeles, California

Seth Leonard General Manager of Community Development Vermont Housing Agency Burlington, Vermont

Maggie Parker Managing Partner Innovan Neighborhoods Dallas, Texas

Ryan Priester Program Officer, Chicago Commitment Team MacArthur Foundation Chicago, Illinois

Roberto Requejo Executive Director Elevated Chicago Chicago, Illinois

Marcq Sung Senior Program Officer McKnight Foundation Minneapolis, Minnesota

Sasha Werblin Senior Program Officer LISC Oakland, CA

The Fulcrum Fellowship is one of CCI’s many programs aimed at ensuring that all communities have the capital they need to thrive. To learn more about CCI’s Fulcrum Fellowship, this new cohort, and our first three cohorts of fellows, visit https://centerforcommunityinvestment.org/fellowship.

###

ABOUT THE COMMUNITY INVESTMENT CENTER

The Center for Community Investment (CCI) at the Lincoln Institute of Land Policy works to ensure that all communities, especially those who have suffered from structural racism and policies that have isolated them economically and socially, can unlock the capital they need to thrive. Our work is supported by the Robert Wood Johnson Foundation, the Kresge Foundation, JPMorgan Chase & Co and the California Endowment. communityinvestmentcentre.org | @C4CInvest

ABOUT THE LINCOLN INSTITUTE OF LAND POLICY The Lincoln Institute of Land Policy seeks to improve the quality of life through the effective use, taxation, and stewardship of land. A private, nonprofit operating foundation, the Lincoln Institute researches and advocates creative approaches to the earth as a solution to economic, social, and environmental challenges. lincolninst.edu | @landpolicy

Janelle Julien Center for Community Investment 2404630578 jjulien@centerforcommunitydevelopment.org

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After filming, Uvalde becomes a new stage on a sinister American circuit https://columbus-chamber.org/after-filming-uvalde-becomes-a-new-stage-on-a-sinister-american-circuit/ Sun, 05 Jun 2022 13:00:00 +0000 https://columbus-chamber.org/after-filming-uvalde-becomes-a-new-stage-on-a-sinister-american-circuit/ June 5, 2022 at 6:00 a.m. EDT People come to the town square in Uvalde May 27 to pay their respects to the victims of the mass shooting at Robb Elementary School. (Sarah L. Voisin/The Washington Post) UVALDE, Texas – The cowboy traveled 1,213 miles from his farm in Ohio and erected a blue tent […]]]>
People come to the town square in Uvalde May 27 to pay their respects to the victims of the mass shooting at Robb Elementary School.
People come to the town square in Uvalde May 27 to pay their respects to the victims of the mass shooting at Robb Elementary School. (Sarah L. Voisin/The Washington Post)

UVALDE, Texas – The cowboy traveled 1,213 miles from his farm in Ohio and erected a blue tent and a sign asking, “NEED TO TALK?” on an empty corner lot. The Dallas artist painted a mural on a large canvas set up across from Robb Elementary School. Parents of a mass shooting victim fly out of Buffalo, telling new members of the terrible brotherhood created by another rampage.

As this small town mourns 19 children and two teachers killed at school by a gunman, it has also grown, becoming a place of pilgrimage for mourners, rescuers, therapists, proselytes and voyeurs . In a an area which is usually occupied by summer vacationers cooling off in the Frio River or autumn hunters prowling the hill country, the hotels are now exceptionally full, the restaurants bustling.

There are media hordes, of course, with tents, cameras, vans and bright lights. But other foreigners came too. Police vehicles from other towns in Texas – Cactus City, Irving, Amarillo – line the streets, standing in for a local force facing scrutiny for its late response to the shooting. Whataburger employees from other stores arrive every day so that staff at the Uvalde outlet can take time off. The Billy Graham Rapid Response Bus, American Red Cross, Christian Bikers, Mariachi Musicians from San Antonio and Therapy Dogs from Florida lined up in front of makeshift memorials.

The scene highlights an unusually American reality. Mass shootings happen so often here that their locations have become something of a circuit, the kind of place where regulars see familiar faces and lament the latest tragedy.

“These shootings are always the same but always different,” said Sandy Phillips, whose daughter was killed in a shooting in Aurora, Colorado in 2012, and who now travels with her husband from one massacre to the next. . The survivors of Uvalde, she said, are “a family now – sadly, a family you never want to be a part of”.

Uvalde Mayor Don McLaughlin in an interview described the media visit as intrusive and frustrating “never ending”. But he called counselors and spiritual leaders who descended on the city a “blessing”.

“Not only will these families need help…you have so many citizens who are traumatized by this,” McLaughlin said.

Ohio cowboy David Graham – unrelated to Billy – has set up his minimalist “Cowboy Cares” operation half a mile on Main Street from a memorial in the town square. He had just been in Buffalo, where 10 people were shot and killed in a supermarket, and said he wanted to avoid the “circus” – the surreal festival vibe that blankets the leisurely tour visitors take around pile of withered bouquets and crosses dedicated to each victim. .

Many there have a program, Graham said. He only wanted to offer an ear, and had met with remarkable success: about 100 people a day had gone there, he estimated.

Graham, 62, stands on the corner in his white hat, giving a thumbs up and clapping for passing cars. He looks each visitor in the eye and asks, “How do you sleep?” The answer is rarely right; tears often flow. At a recent party, Graham chatted with a man who came to thank the cowboy for his presence and ran over a Grapevine, Texas police cruiser as he passed.

Next is Uvalde County Sheriff’s Deputy Andrew Davila, who is off duty, carrying two bottles of water for Graham. “People are looking for why – why did this happen,” Davila, 47, told Graham. “The one constant I’ve come to realize is that sometimes people do bad things.”

Karina Arango, 34, rolled around in a Mini Cooper. She certainly wasn’t sleeping well, she said, and soon she was sobbing. Her friend’s daughter was in intensive care, seriously injured by bullets. Graham offered Kleenex.

“I’m so sorry, I’m so sorry, I’m so sorry,” Graham told her as she knelt at her window. Arango perked up when he told her he planned to stay at least until the last funeral, then mentioned that she had just hosted a clown from Houston who couldn’t find a hotel room. . “It was amazing to have him,” she said with a smile.

Phillips and her husband, Lonnie, hastily left Buffalo, leaving behind the motorhome that transports them from massacre to massacre, where they distribute a tool kit for survivors in morgues, schools and more. Uvalde was the 19th mass shooting site they have visited since their daughter, Jessi, was killed in a movie theatre.

“We talked about just setting up a table and having that information there for anyone who might need it. But we are still reluctant to be part of the circus,” Sandy said, describing street preachers and motorbike ministers. “They were just loud and obnoxious, and it made me sad that this quiet little community was flooded.”

It was quieter Thursday night in the town square, where Knights of Columbus from various Texas chapters flipped burgers in 91-degree heat. An Albuquerque teacher sang a song by Sarah McLachlan and told those gathered that she knew Uvalde would be different from what she saw on TV, so she “had to be here.” The crowd, mostly locals, sat in camp chairs and seemed grateful.

Earlier today, Dion Green stood on the sidelines of the memorial in a t-shirt that read “NOT ONE MORE.” He survived a 2019 mass shooting in Dayton, Ohio that killed nine people, including his father, who died in his arms. Green had also just arrived from Buffalo.

“Every time there is another. Just like yesterday, Oklahoma,” Green said, referring to a Wednesday shooting at a Tulsa hospital that killed four people. “I’m just trying to offer light and hope so people can move on. It takes time.”

In Robb, onlookers slowly walked past another memorial. A few houses away, a woman sold beef brisket in her driveway to raise money for the family of a deceased child. She was relieved, she said, that the TV vans with their lights had thinned out.

Opposite the school, Roberto Marquez took a break from the colorful, angular mural he had been working on for two days in a yard whose owner he said had given him permission. “I don’t encroach,” said Marquez, 60, who wore a black cowboy hat.

When the Uvalde shooting happened, Marquez had only recently returned home to Dallas after nearly three months of painting in Ukraine. It was his mission now, Marquez said: To go from crisis to crisis — the migrant caravans, the collapse of the Surfside condo — to create art.

“Very few times I felt rejected,” he said. “Most of the time people think what I’m doing is right.”

Uvalde was only the third stop on Graham’s cowboy listening tour. A former Southern California ad salesman, he said he used to openly mock Christianity, using hotel Bible pages to roll joints. Then one night he stopped to read a verse, and he became a believer, but not an evangelist.

Graham said he had long done relief work, lending his muscles to haul wet furniture from homes flooded by the hurricane. But he’s older now, and a conversation in December with a woman in tornado-strewn Kentucky got him swinging. She asked him if she could attend the funeral of a man she believed had not done enough to save, Graham said.

“I said, ‘I don’t know, but how do you sleep? “, Graham said. “Then I had the idea that people needed to talk.

Graham spent weeks there. Buffalo was next.

In Uvalde, he had a window into the city’s ongoing trauma. A child’s uncle who called 911 from inside Robb pulled over, Graham said. Worried teenagers would be ashamed to tell future classmates where they came from. A man has sobbed that anger at the police might force his son-in-law, an officer, out of town – and with him, the man’s daughter and grandchildren.

“My grandkids,” he said, “they’re pushing them away and they won’t even see the sane part of this town come back,” Graham recalled.

McLaughlin, the mayor, expressed concern that families of the victims have long-term support and resources, even after all visitors have left. But their departure will also reveal the true character of the city.

“Then you’ll see the side of Uvalde that we’re talking about again,” McLaughlin said. “The neighbor will be there for the neighbor. They will be strong and support each other.

Graham doesn’t doubt it. Uvalde, he said, is more open and united than any place he has visited.

“All I want to do is leave it a little better than I found it,” Graham told Gilbert Limones, a pastor who came with members of his congregation to pray with the cowboy in the darkness after sunset.

One of the pastor’s companions gave Graham a cooler. Limones offered Graham a place to shower. Graham, who sleeps in his truck most nights, headed for a hotel room instead — one that, a week after the shooting, was finally open.

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artists and artisans help library program take root | News, Sports, Jobs https://columbus-chamber.org/artists-and-artisans-help-library-program-take-root-news-sports-jobs/ Sat, 04 Jun 2022 06:05:03 +0000 https://columbus-chamber.org/artists-and-artisans-help-library-program-take-root-news-sports-jobs/ picture by: Photo by Eric Ayres Ohio County Public Library Staff Ellen Scheid, Young Adult Specialist; Julia Bachmann, Outreach Specialist; and Lee Ann Cleary, Children’s Department Specialist; post with nationally recognized Wheeling-based illustrator Logan Schmitt and a large print of his artwork “Wild, Wonderful West Virginia” that matches the summer reading […]]]>

picture by: Photo by Eric Ayres

Ohio County Public Library Staff Ellen Scheid, Young Adult Specialist; Julia Bachmann, Outreach Specialist; and Lee Ann Cleary, Children’s Department Specialist; post with nationally recognized Wheeling-based illustrator Logan Schmitt and a large print of his artwork “Wild, Wonderful West Virginia” that matches the summer reading program theme “Reading Beyond the Beaten Path ” from the library, which begins on Monday, June 6th.

WHEELING — The Ohio County Public Library’s summer reading program kicks off Monday, and a truly innovative effort has been made to help transform the library into an immersive bookworm wilderness.

The outdoors theme offers a motif filled with camping, hiking, and nature-loving landscapes for the library’s “Reading Beyond the Beaten Path” summer reading program, which is open to everyone. The program begins on June 6 and continues until July 16.

“Studies have shown that children lose a lot of the skills they learned during the school year in the summer if they don’t read,” said Lee Ann Cleary, specialist in the children’s department at the public library of the Ohio county.

Summer reading programs began as a way to help schools combat this “summer slide” and the inevitable decline in students’ reading skills during the summer holidays. While summer reading typically targets school-aged students, Cleary said people of all ages are encouraged to participate, setting a great example for younger readers.

“For everyone, it’s a great way to enjoy reading, but it’s also important to show kids that reading can be enjoyed for life and that it’s about life. ‘a pleasant pastime,’ Cleary said. “Children are more likely to read if they see adults they love sitting down to read, which is why we encourage all ages to join the summer reading program, read and win prizes. .”

During the program, attendees can log their playtime to earn badges and prizes throughout the event.

To help improve the ambience at the library to match the theme of summer reading, the library staff recruited the talents of a well-known local artist and some skilled artisans.

The library has partnered with Wheeling-based nationally acclaimed illustrator Logan Schmitt to help promote the program. Schmitt has produced an extra-large print of his “Wild, Wonderful West Virginia” artwork, which will be on display throughout the program.

Schmitt grew up near the woods in Wheeling, and since establishing his reputation as an accomplished illustrator, he has worked with a wide range of nationally known musicians.

Schmitt’s artwork can be seen on official tour posters and T-shirts by artists such as the Dave Matthews Band, Chris Stapleton, Eric Church, Van Morrison, Billy Strings, Old Crow Medicine Show, Greensky Bluegrass, Luke Combs , The Avett Brothers, The Devil Makes Three, Slightly Stoopid and many more. He has also been commissioned to create artwork for Four String Brewing Co., the Ohio Department of Natural Resources, the City of Columbus, and other organizations.

His piece at the library features black bears and forest landscapes that capture West Virginia’s “Wild, Wonderful” motto.

“This was originally done for a poster by the Avett Brothers for a show they did in Morgantown,” Schmitt said Friday when touring the finished exhibit at the library. “I kind of repurposed it as a regular art print so anyone could get it. I was inspired by a waterfall in Thomas, WV near Davis, WV in the Canaan Valley where this beautiful orange rock formation surrounded by a waterfall is located.

The work has been reproduced in many forms for the library’s summer reading program, Schmitt explained.

“We also did stickers and a screen-printed version of this print,” he said, noting that he’s been a loyal patron of the Ohio County Public Library for years. “I was happy to do it.”

Another great addition to the library’s children’s department was installed last week by Cattrell Co. Inc. and the United Brotherhood of Carpenters Local 186 and 432. A new tree of books has taken root just in time for the program’s launch. of summer reading. .

The tree features larger-than-life leaves that shade a campfire mat for children to sit on during activities, such as story time. The base of the tree includes storage space for books, toys and other items for future activities. The trunk of the tree is made up of shelves that house books for the department’s new OCPL Kids! Book loan program. Seating is available for story time or other reading on the bench at the base of the tree or on the nearby padded “tree stump”.

For more information about the Ohio County Public Library’s summer reading program and other activities, visit the library’s website at www.ohiocountylibrary.org or call 304 -232-0244.



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