GAHANNA, Ohio, Aug. 23, 2011 /PRNewswire/ -- G. Scott McComb, President and CEO of Heartland Bank, hosted the 2011 Summer Economic Update Webinar on August 17, 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 revealed details of the most recent "report card" on the Economy through the second quarter of 2011. He discussed the current problems of the unusually high unemployment rate, which appears to be immune to any stimulus and the growing problem of creeping inflation. His presentation included analyzing the current state of the budget deficit and our enormous public debt. At the conclusion, Dr. Seifried reviewed the most important economic indicators providing us with a mid-summer 2011 update.
"Dr. Seifried has a very common sense way of discussing important key trends in the economy," McComb stated. "The Summer 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 www.HeartlandBank.com/WebinarsAbout 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