Professional Services

Financial Services

A leading U.S. financial services sector invested in stability and growth.

Establishing operations in Northeast Ohio makes good financial sense.

With one of the nation’s largest financial services sectors, a 100-plus-year industry legacy, a Federal Reserve Bank, more than 60,000 financial services professionals, and 18 higher education institutions with finance and business programs, the Northeast Ohio Region is well equipped to support financial business success.

On top of a strong financial business ecosystem, finance companies that establish operations in the Northeast Ohio Region benefit from operating and wage costs that are a fraction of other top markets, low risk of disruptive natural disasters, plus access to Ohio’s 44,000 annual financial services graduates.

Northeast Ohio offers emerging opportunities in cybersecurity, data management, process management, credential management, decentralized finance, and more, making the region well poised to support the future of the industry.

Download our resource guide and learn more about the Financial Services industry within the Northeast Ohio Region.

Michael Lalich

A robust, highly trained workforce + low business costs = successful financial operations

The Northeast Ohio Region’s impressive financial sector and workforce, paired with low rental and wage costs, makes it a sound option for businesses in the financial sector.

Financial Services Ecosystem in Northeast Ohio

5th largest

5th largest financial sector in the U.S.

Companies

5th

5th in number of Fortune 500 & 1000 companies in the U.S.

1/2 of new york

1⁄2 of New York City’s wage cost

1/4 of new york

1⁄4 of New York City’s commercial rental cost

60,000+

60,000+ financial service professionals

Available Sites

Airport West Industrial Park
Richland

Airport West Industrial Park

NASA Armstrong Site
Erie

NASA Armstrong Site

Cuyahoga County Regional Airport
Cuyahoga

Cuyahoga County Regional Airport

Akron Fulton Airport
Summit

Akron Fulton Airport

Summit

Akron Canton Regional Airport

Olmsted Joint Economic Development District
Cuyahoga

Olmsted Joint Economic Development District

The joint Economic Development District (Olmsted JEDD) of Olmsted Township and City of Olmsted Falls has a site of 80 acres for industrial development. Additional acreage for expansion is available. The property is zoned for light industrial/distribution and utilities are available.

Team NEO RightSites North Jackson - McCluggag
Mahoning

North Jackson – McCluggage

A rectangle-shaped 92-acre site on three parcels for sale by a private owner, this property is half wooded and half farm land. Currently zoned as agricultural, the site sits along a divided access road between two industrial areas.

Team NEO RightSites Nelson Sand & Gravel
Ashtabula

Nelson Sand & Gravel

The Nelson Sand & Gravel site, located halfway between Cleveland, OH and Erie, PA, is approximately 94 acres that can be subdivided as needed and is owned by a single owner.

Team NEO RightSites Louisville Ind Park
Stark

Louisville Industrial Park

This site was home to the former Chesapeake/Encino Energy Corp office. It has over 170 contiguous, developable acres expandable up to 261 acres.

Team NEO RightSites JAB
Ashtabula

JAB Property, Ashtabula

The JAB property, located on just over 80 acres of publicly owned land in Ashtabula, is a prime site for industrial development.

Canton GO
Stark

Canton Ohio GO Site

172.4 Remaining Developable Acres.

Philipp Parkway Industrial Site
Portage

Philipp Parkway Industrial Site

100 Remaining Developable Acres.

CASTLO Industrial Park
Mahoning

CASTLO Industrial Park

47.5 Remaining Developable Acres.

Aero Site
Richland

Aero Site

410 Remaining Developable Acres.

massillon energy technology park
Stark

Massillon Energy & Technology Park

200 Remaining Developable Acres.

Wooster Innovation Park - West
Wayne

Wooster Innovation Park – West

49.5 Remaining Developable Acres.

Beacon Business Park
Lorain

Beacon Business Park

600 Remaining Developable Acres.

The Northeast Ohio Region
Summit

401 Newell Street

36 Remaining Developable Acres.

The Northeast Ohio Region
Summit

Riverside Rail Park

21 Remaining Developable Acres.

The Northeast Ohio Region
Stark

Canton Industrial Land II

22 Remaining Developable Acres.

The Northeast Ohio Region
Stark

Canton Industrial Land I

98 Remaining Developable Acres.

Warren BDM Brownfield
Trumbull

Warren BDM Brownfield

236 Remaining Developable Acres.

Trade Park
Columbiana

Trade Park

32 Remaining Developable Acres.

Rittman Industrial Park
Wayne

Rittman Industrial Park

60 Remaining Developable Acres.

Ontario Commerce Park
Richland

Ontario Commerce Park

175 Remaining Developable Acres.

Ohio Wooster Innovation Park: Wooster 140
Wayne

Ohio Wooster Innovation Park

40 Remaining Developable Acres.

Mercantile Drive
Lake

Mercantile Drive

32 Remaining Developable Acres.

Cuyahoga Valley Industrial
Cuyahoga

Cuyahoga Valley Industrial Center

The Cuyahoga Valley Industrial Center is adjacent to I-77.

bonner industrial park
Geauga

Bonner Industrial Park

84 Remaining Developable Acres.

Bluestone business park
Cuyahoga

Bluestone Business Park

29 Remaining Developable Acres.

Alliance Commerce Park
Stark

Alliance Commerce Park

106 Remaining Developable Acres.

north central ohio industrial park
Huron

North Central Ohio Industrial Park

102 Remaining Developable Acres.

newcomerstown site aerial view
Tuscarawas

Newcomerstown Ohio Industrial Park

97 remaining developable acres.

Airport West
Richland

Airport West Industrial Park

70 Remaining Developable Acres.

Colleges, universities, and education providers offering financial services related areas of study.

Cuyahoga Community College

Financial Servies Workforce Data

Top 10 Financial Services Employers in Northeast Ohio

CompanyEmployees
Progressive Corp.12,849
KeyCorp5,648
Huntington National Bank3,593
Medical Mutual of Ohio2,342
Westfield1,612
UnitedHealthcare1,300
JPMorgan Chase & Co.1,039
Federal Reserve Bank of Cleveland939
Third Federal Savings and Loan827
Citizens Bank559

Top 10 Financial Services Occupations in Northeast Ohio

OccupationEmployed in Industry
Tellers5,398
Securities, Commodities, and Financial Services Sales Agents5,346
Customer Service Representatives4,742
Personal Financial Advisors3,199
Loan Officers2,995
Insurance Sales Agents2,352
Claims Adjusters, Examiners, and Investigators2,111
Loan Interviewers and Clerks2,048
Financial Managers1,919
Insurance Claims and Policy Processing Clerks1,849
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9.3K+

Certificates

degree icon

12.3K+

Associate’s Degrees

college graduate cap icon

21K+

Bachelor’s Degrees

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9.3K+

Graduate Degrees

Rocket Mortgage
Case Study

Rocket Mortgage

America’s largest mortgage lender and creator of the first fully digital mortgage experience, recently completed an expansion project in downtown Cleveland.

Mike Lalich

Mike Lalich

Director Business Development, Team NEO

Let’s talk financial services in Northeast Ohio.