Home Savings under new leadership in 2011

YOUNGSTOWN — After more than a century at the helm of Home Savings & Loan, the bank’s founding family will end its historic reign over the corner office of one of the city’s most iconic buildings.

Douglas McKay, great-grandson of Home Savings founder James McKay, announced this week that he will step down from his position as chief executive of Home Savings’ parent company United Community Financial Corp at the end of 2010 after almost 30 years at the bank.

McKay, who has been with the company for nearly 30 years, stepped down from his role as chairman of the boards of both UCFC and Home Savings earlier this month.

Upon McKay’s retirement, Patrick Bevack, president and chief executive of Homes Savings, will take on the leadership of both companies as UCFC’s chief executive. His appointment is subject to regulatory approval.

Bevack, who joined Home Savings in 2000, took over for McKay as chief executive of Home Savings in April 2009.

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