The Cortland Savings and Banking Company is a full-service state bank regulated by the Federal Reserve engaged in commercial and retail banking services. Business is conducted at a total of 14 offices in Ashtabula, Cuyahoga, Mahoning, Summit, Trumbull and Portage counties. Cortland Bank provides a vast array of commercial and small business loan products, deposit offerings and cash management solutions designed to meet the needs of small to medium sized businesses, while remaining committed to delivering highly personalized service to individuals and families through the consumer banking area.
China keeps benchmark lending rates unchanged as it contends with a weakening yuan
The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...
Fed officials are raising concerns about the impact Trump’s tariffs could have on inflation
In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...
President Joe Biden said he believes his administration has done a “pretty damn good job” working to resolve the banking crisis and said he thinks it will “take a little while for things to just calm ...