All posts tagged venango area chamber of commerce

Chamber Directories Shipped in June

The 2019 Membership Directory and Referral Guides have returned from the printer and have been sent to members this month. This guide is a great resource to have on hand for your business, customer, and personal needs. With listings by category and alphabetically, you are sure to find the business or organization you are looking for. Please check your listings and let us know if anything has changed so that we can provide the most up-to-date information. Do you want to be included in next years guide? Contact our office for more information about Chamber membership.

This article was published in the Venango Area Chamber of Commerce’s June 2019 VenangoWorks! Newsletter.

Welcome Heather and Jessica–Our Summer Interns!

Heather Hondel returned to the Chamber’s staff in May as our summer intern, and Jessica Wilson joined our staff on June 17 as our new Be Here Summer Intern.

Heather is an entrepreneurship major at Grove City College and will assist with the Oil Heritage Festival Basket Raffle, newsletter, and other office needs.

Jessica is a communication major at Geneva College and will assist with the Be Here Initiative, including event planning and marketing.

We’re excited to have these two join our team! Stop by the Chamber to say hello and join us in welcoming them.

This article was published in the Venango Area Chamber of Commerce’s June 2019 VenangoWorks! Newsletter.

Cranberry Festival – Get Involved

September 21, 2019 – Morrison Park, Seneca

As preparations are underway for our upcoming Oil Heritage Festival, it is time to begin thinking about our next festival. Mark your calendars, Cranberry Festival will be held on September 21.

We encourage you to begin thinking about how you would like to support the festival, whether through sponsorship, advertisements, volunteerism, or attendance. Contact us to get involved!

This article was published in the Venango Area Chamber of Commerce’s June 2019 VenangoWorks! Newsletter.

Financial Tip of the Month: Understanding Your Credit Score

Lenders will be looking at your credit score to determine your eligibility for a loan. Your credit score also determines interest rate and terms you may get. You need to build credit so your reliability shows up just as well on paper as it does in your bank account.

It’s good to know what factors go into making up your score.  Your credit score is broken up into five parts. 35% of your score comes from payment history—whether you paid on time or were delinquent, and for how long. About 30% is determined by the amounts currently owed and debt carried over each month. Another 15% takes into account how old and active your accounts are. 10% evaluates how well you handle different types of credit such as revolving or installment debts, and the final 10% weighs recent attempts to accrue additional credit, such as opening new accounts and inquiries.

Establishing a good credit history takes time and there are no shortcuts or tricks.  Scores range from 300 to 850. Once established, you will need to make payments for at least six months.  You can establish a credit history through credit builder loans.  These are for individuals either just starting to build credit or working to improve their scores.  Make sure all payments are made on time and are applied to your credit report.

While it may take at least six months to begin seeing improvements, restoring credit can be a truly worthwhile process. If you are unable to pay balances in full, try to keep a maximum of 30% of your credit balance out at a time.  Also, since some of your score comes from how long you have had accounts open, try not to open many new ones at once. Always review your credit reports—check for any errors and follow up on any questions that arise. Don’t be afraid to dispute a score if something isn’t right.

With a little effort, establishing and maintaining good credit will have many rewards for your future.

This article was published in the Venango Area Chamber of Commerce’s June 2019 VenangoWorks! Newsletter.

Meet Our Board – Ryan Bell

Ryan Bell, plant Manager at Webco Industries in Oil City, joined the Venango Chamber Board of Directors just this year.

Originally from the region, Ryan resides in Rockland Township and is married with four children and one grandchild. He has been a member of the Rockland Volunteer Fire Department for 15 years and a coach for youth football at Cranberry Elementary. He also enjoys fishing and shooting sports in his free time.

“I appreciate the opportunity to move back here with my wife to make a life for our family and raise our children in the community that I have always called home,” he said. “We are an outdoors family, so the opportunities Venango County offers make it a perfect fit for us.”

Ryan’s career has always been in the pipe and tube industry, in which he worked for Sawhill Tubular and Wheatland Tube prior to joining Webco in 2004. He became involved in the Chamber’s Advocacy Committee last year and is the committee chair for 2019.

“The Chamber Board is a very diverse group and I see my role as bringing a voice and perspective from manufacturing and industry,” he said. “I hope to see the Chamber continue to build upon its current role as a business connector in our community as well as continuing to represent the voice of our area businesses through advocacy.”

This article was published in the Venango Area Chamber of Commerce’s May 2019 VenangoWorks! Newsletter.