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The holidays are over, and now it is time for the "Santa Shock," when you get the bills for all of your purchases. According to a study conducted by Lending Tree, consumers, on average, incurred a holiday debt of nearly $1,200. The Ohio Division of Financial Institutions tips to reduce your large bill are negotiating a lower interest rate, creating a debt payoff plan, or reducing your spending for normal monthly expenses. Experts say you don't want this year's holiday debt to spread to next year.

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For 6 Lima homeowners, they can put their mortgage payments in the past. New Lima-Housing For The Future honored homeowners becoming debt-free with a mortgage burning ceremony. Starting their organization 24 years ago, they have added 243-affordable housing units for Lima residents. Following these homeowners throughout their journeys is part of what keeps them going.

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Buying your own home is the American dream, and the City of Lima is working to make that dream come true for residents. The city is hosting a couple of upcoming workshops. One with NACA, the Neighborhood Assistance Corporation of America, and another with the city regarding their first home loan down payment assistance program. City officials say it's important that people understand what assistance is available to them.

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October 9, 2024, Press Release from the Ohio Department of Commerce: COLUMBUS, Ohio – If you operate a bank or business in the state of Ohio, you have until Nov. 1 to report unclaimed funds to the Ohio Department of Commerce Division of Unclaimed Funds – even if there are not any funds to report. Unclaimed Funds Reports are due on Nov. 1 for accounts dormant as of June 30, 2024. The only exception is for life insurance companies, whose reports are due May 1, 2025 for accounts dormant as of Dec. 31, 2024. Last year, the division received 90,790 reports and $528 million.

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September 26, 2024, Press Release from First Financial Bank: St. Marys, OH – September 26, 2024 – First Financial Bank (Nasdaq: FFBC) will host a food drive in the St. Marys area from October 7-25, accepting canned food and nonperishable boxed food in specially marked bins at its financial center at 130 E. Spring St. After the conclusion of the food drive, First Financial associates will choose local organizations to receive the food for distribution into the surrounding community. Last year, First Financial Bank associates and volunteers donated over 6,600 food items throughout its four states of Ohio, Indiana, Kentucky and Illinois.

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Dozens of property owners are coming out to dispute their new tentative valuation amount with the Allen County Auditor's Office. Informal hearings with the auditor's office started today and continue on Wednesday. Every three years, the state requires that property values be re-evaluated. The amount is determined by what properties around you are going for on the open market. You do have the chance to dispute your new valuation, and you need to bring documentation to back up your case.