July 31, 2015

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Pair with local roots to lead Northwest after LNB merger

Kevin Nelson Photo

LORAIN — Two men with local roots will take on leadership roles with Northwest Bancshares Inc. when it completes its merger with Lorain National Bank in August. Northwest announced Thursday that Kevin Nelson, a longtime senior vice president with LNB, will serve as Northwest’s Ohio regional president. He will be responsible for growing the bank’s Read More…

Merger to trim 99 jobs from Lorain National

LORAIN — Lorain National Bank will lay off 99 employees when a merger with Northwest Bancshares Inc. is complete Aug. 14. LNB Bancorp Inc. announced Tuesday its shareholders voted to approve the previously announced merger of LNB with Northwest Bancshares Inc. LNB shareholders approved the deal with 80 percent of outstanding common shares, according to Read More…

Main Street Elyria moves, executive director laid off

Tamela Grubb has been laid off from Main Street Elyria. CHRONICLE FILE PHOTO

ELYRIA — The well-known face of Main Street Elyria, executive director Tamela Grubb, has been laid off from the organization as it admits internal financial struggles. Jim Deery, board chairman and local attorney, said in a statement that the organization has had to make two changes recently to confront a tight budget. In addition to Read More…