Home Savings celebrates 125 years in the Valley

YOUNGSTOWN — The Home Savings and Loan Co.’s skylight has lit up the Youngstown skyline since 1949.

But long before the illumination became famous, Home Savings lit its path and solidified its footprint in the Mahoning Valley.

This year, the bank celebrates its 125th anniversary.

“It has been here [on Federal Street] for 97 years, and we will be here for another 97 years,” President CEO Gary Small said. “We believe in the Valley and continue to invest in the Valley.”

James M. McKay founded Home Savings, which received its charter Jan. 15, 1889. McKay, an attorney, established the bank in the Excelsior Block, a building on Federal Street.

When more room was needed for the bank, the headquarters relocated to the Mahoning Bank Building, where the downtown Youngstown Huntington Bank is now located. The bank then moved to 129 W. Federal in 1904 until 1919 and then moved to its current place at 275 W. Federal.

For the complete story, read Sunday's Vindicator and Vindy.com