Gas rates down

Gas rates down

Youngstown

Starting Tuesday, natural-gas rates from Dominion East Ohio will be $4.059 per thousand cubic feet (mcf) for standard service and standard-choice customers.

The new rate is 24.8 cents, or 5.8 percent, lower than the July rate. Conversely, August rates are 44.9 cents, or 12.4 percent, higher than they were one year ago. The average customers will pay a bill for August of $32.24, which is 23 cents higher than the average bill in August 2012.

CEO to retire

YOUNGSTOWN

Patrick W. Bevack, who as president and chief executive officer guided Home Savings and Loan Co. through a period of financial turmoil in the years after the Great Recession, announced Thursday his intent to retire sometime next year.

Bevack, who also served as president and chief exec-utive of the bank’s holding company, United Community Financial Corp., has since returned the bank to profitability and put it on stable financial ground. Bevack joined the bank in 2000, and by 2009 he was appointed to lead the company.

The United Community board has engaged the consulting firm Chartwell Parnters to begin a search for Bevack’s successor. Bevack said he plans to remain on the company’s boards after his retirement.

Vindicator staff/wire report