Business Notes

National Bancshares Corp.

National Bancshares Corp. completed its acquisition of Peoples Financial Corp. of Massillon on April 3. Peoples Financial Corp.’s thrift subsidiary, Peoples Federal Savings and Loan Association of Massillon, also merged with First National Bank, National Bancshares Corp.’s bank subsidiary.

With completion of the acquisition, National Bancshares Corp.’s total assets increased to $294 million on a pro forma basis. National Bancshares Corp., a one-bank holding company, and First National Bank, its subsidiary, are headquartered in Orrville, with 11 banking offices serving Wayne, Stark, Holmes and southern Medina counties. With the merger complete, First National Bank has expanded into Stark County with the addition of Peoples Federal’s three Massillon offices.

Malone Advertising

The Step2 Co., Streetsboro, has hired Malone Advertising of Akron as its agency of record for all consumer advertising, including creative development and media placement. Malone will launch its first ever network television advertising campaign for a children’s play kitchen.

Malone has already begun creative development and media planning for the campaign that will launch in time for the 2002 Christmas season.

Graphic Enterprises Inc.

The North Canton company has created a new business unit, ImagesEverything, to provide creative services including graphic design, Web design, public relations, copywriting, promotional items, printing and copying services.