Acquisition, asset purchase enable cfsbank to expand offerings
Engaging in two partnerships is enabling cfsbank to expand its loan offerings.
The Charleroi-based bank announced last week that it had completed an acquisition of the assets of Sail Mortgage Corp. The bank also said its wholly owned subsidiary, Challenge Inc., had wrapped up the asset purchase of Delta Appraisal and Closing Services.
Delta has provided real estate closing and title insurance services for more than 50 years.
Sail Mortgage of Wexford, according to a news release from cfsbank, “offers a full range of mortgage products, including but not limited to FHA, VA, USDA, Jumbo, and second mortgage financing for both purchase and refinance transactions.”
John Gill, president and CEO of cfsbank, said in a statement: “We are so excited to welcome the Sail Mortgage team to cfsbank. Their extensive knowledge and experience in the mortgage lending space will be a huge asset to our bank and will greatly expand the types of loans, including government lending, that we can offer to our customers.”
Lisa Siranovich, owner and manager of Sail Mortgage since 2008, said she is eagerly anticipating “the many advantages this partnership will bring, such as streamlining operations and expanding market reach.
“Teaming up with cfsbank gives us a strategic advantage,” she said. “Since they are federally chartered, we can now provide financing across multiple states. This flexibility is particularly advantageous for customers who may be relocating or purchasing second homes outside of Pennsylvania.”
Sail Mortgage and Delta are now headquartered in cfsbank’s Seven Fields office, giving the bank 17 more employees.
ATHENA Award nominees
Six finalists have been selected for the 2024 Washington County ATHENA Award: Christine Blaine, Washington Wild Things; Shana Brown, Diana Irey Vaughan Young Professional Leadership Award; Leslie LaPosta, JW Ebert/McDonald’s Restaurants; Denise J. Leigh, McGuffey School District; Holly Martin, New Directions Mental Health; and Laural Ziemba, Range Resources.
The 21st annual award will be presented on May 10 at the Hilton Garden Inn Southpointe/ Pittsburgh.
CEPM
Washington & Jefferson College’s Center for Energy Policy and Management
will host “The Future of Carbon Capture,” a free, hourlong webinar at 11 a.m. Wednesday.
Dr. Dave Luebke, technical director of the Direct Air Capture Center at the National Energy Technology Laboratory in South Park, will lead the online seminar, which was postponed from early March.
He will talk about carbon dioxide (CO2), the primary greenhouse gas emitted through human activities by burning fossil fuels. CO2 contributes to global warming by trapping heat in the atmosphere.
Technologies are being developed to capture CO2 from industrial emissions at their source and capture CO2 from transportation and other activities directly from the atmosphere. Captured CO2 is then stored deep underground in geologic formations or used to make other products. The technology, while promising, needs rapid technological advancement and cost reduction.
Luebke will explain the basics of carbon capture and storage, and explain how point-source CCS and direct air capture (DAC) can help the U.S. reduce its CO2 atmospheric levels. He also will discuss NETL’s year-old Direct Air Capture Center in South Park, a recent initiative by the federal government to support development of carbon capture. The webinar is free and open to the public.
Greene luncheon
The Greene County Chamber of Commerce has scheduled its Women in Business Luncheon – “Celebrating the Administrative Professional” – for noon April 24 at First Baptist Church, 303 W. High St., Waynesburg. Registration will begin at 11:30 a.m.
The chamber is partnering with Dress for Success to collect donations of accessories and handbags. Carole DeAngelo, advertising director of the Observer-Reporter, will be the keynote speaker.
Registration by April 17 by emailing guest names to info@Greenechamber.org or fill out the Google form. The cost is $25 for members, $30 for non-members.
CEO group
The Southpointe CEO Association is accepting applications for its 2024 scholarship program. The organization strives to encourage leadership development in business, community and education, and through this program seeks to recognize Washington County residents who work to improve their leadership skills and achieve higher levels of education.
This program is open to SPCEOA employees, or dependents of employees, and/or Washington County Chamber of Commerce member organizations and county residents of Washington County. The program is open to eligible applicants who will be attending a college, post-graduate, or technical school during the 2024-25 academic year.
The SPCEOA awards these scholarships in honor of the late Jack B. Piatt, founder and chairman of Piatt Companies and founder of the Southpointe CEO Association.
Scholarship application criteria and submission guidelines are listed at washcochamber.com/southpointe-ceo. The application is available at bit.ly/SouthpointeCEOScholarship2024-25. The application deadline is 5 p.m. June 28. Awards will be announced in July.
AHN
Allegheny Health Network’s Schools of Nursing are accepting applications for full- and part-time nursing students for its incoming classes.
Applications will be accepted through July 1 for AHN’s two nursing schools: West Penn Hospital School of Nursing in Pittsburgh’s Garfield neighborhood, and Citizens School of Nursing in Tarentum.
Both schools offer full-time registered nurse (RN) programs, a 22-month curriculum with classroom learning and hands-on clinical experiences led by faculty members.
Classes for both full-time programs will begin Aug. 19.