GAHANNA, Ohio, May 19, 2011 /PRNewswire/ -- G. Scott McComb, President and CEO of Heartland Bank, hosted the 2011 Spring Economic Update Webinar on May 10, 2011 presented by Heartland Investment Services. The update featured economist, Dr. Edmond Seifried, Co-Chairman of Seifried & Brew, and Professor Emeritus of Economics and Business at Lafayette College. Dr. Seifried has led the educational programs as Dean for the West Virginia Banking School and the Virginia School of Banking. He has been on the faculty of many banking schools, including Stonier and the Graduate School of Banking at LSU.
Dr. Seifried reviewed the performance of the economy during the first quarter of 2011. He paid particular attention to the newly released GDP report for the first quarter of 2011 and the results of the recently concluded Federal Reserve's Federal Open Market Committee (FOMC) meeting. Dr. Seifried strongly believes the Fed's moves in the next few months will have a large impact on the stock market and commodity prices.
"Dr. Seifried has a very common sense way of discussing important key trends in the economy," McComb stated. "The Spring Economic Update is just one of the ways Heartland Bank continues its tradition of helping customers by bringing them sound financial advice and excellent resources to help make valuable decisions."To hear Dr. Edmond Seifried's presentation go to http://www.heartlandbank.com/webinars. About Heartland Bank Heartland BancCorp is a registered Ohio bank holding company and the parent of Heartland Bank, which operates eleven full-service banking offices. Alternative investment services are provided through Infinex Investments, Inc. Heartland Bank is a member of the Federal Reserve, a member of the FDIC, and an Equal Housing Lender. Heartland BancCorp is currently quoted on the over-the-counter (OTC) Bulletin Board Service under the symbol HLAN. Learn more about Heartland Bank at heartlandbank.com. MEDIA CONTACT: G. Scott McComb – (614) 337-4600 SOURCE Heartland Bank