- Business
- First Niles Financial, Inc. (FNFPA) is the holding company for Home Federal Savings and Loan Association of Niles, a regional bank operating primarily in the Niles, Ohio area, approximately 13 miles northwest of Youngstown; the institution traces its origins to 1897 and maintains its headquarters at 55 North Main Street, Niles, Ohio 44446. Home Federal offers a comprehensive range of deposit products including personal and business checking and savings accounts, IRAs, money market and direct deposit accounts, certificates of deposit, and Christmas club accounts; loan products and services encompass mortgage loans, consumer loans, home equity lines of credit, commercial loans and lines of credit; additional services feature eServices such as online banking, e-statements, night depository, debit and ATM cards, and safe deposit boxes. The company operates through two segments—community banking and mortgage banking—targeting retail and commercial customers in the local Ohio market with 11 employees under President, CEO, and Director Daniel E. Csontos and Chief Financial Officer Mary Ann Coates. Recent financial performance as of late 2025 shows trailing twelve-month revenue of $8.53 million, net income of $843,000, and a market capitalization around $12 million for the common shares, with the Series A preferred shares (FNFPA) declaring a dividend payable December 5, 2025, at an indicated yield of 7.37%. No major acquisitions, partnerships, funding rounds, or strategic shifts have been reported in the last 1-2 years.