Partners in funding businesses for economic growth since 1978

Our Mission

Valley Economic Development Partners is a leader in developing employment opportunities through business creation, expansion and retention in collaboration with other regional organizations.

Our Vision

Small business lending to achieve the economic and social well-being of Mahoning Valley region.

"Our team is committed

to working tirelessly on your behalf to obtain the funding needed for your business to not only survive, but to thrive and for our region's economy to continue to flourish."


– Teresa Miller, Executive Director

Our Staff

Teresa Miller

Teresa Miller

Executive Director 

Ext. 116 | teresa@valleyedp.com

Mario A. Nero Sr.

Mario A. Nero Sr.

Director of Economic

Development Lending

Ext. 122 | mario@valleyedp.com

Terrence T. Louk

Terrence T. Louk

Director of SBA Lending

Ext. 121 | terry@valleyedp.com

Gregory M. Lutz

Gregory M. Lutz

Financial Specialist

Ext. 117 | greg@valleyedp.com

Julie Swauger

Julie Swauger

Office Manager

Ext. 110 | julie@valleyedp.com

Wendy Walters

Wendy Walters

Loan Servicing Director

Ext. 123 | wendy@valleyedp.com 

Board of Directors


Patricia B. Augustine, William Zamarelli Realtors

Christopher Colella, Sr. Vice President, First National Bank                

Annemarie Deascentis,Mahoning County

Michael S. Garvey, President, M7 Technologies

Michael Keys, Director of Community Development, City of Warren

Dennis Krancevich, Relationship Manager, Commercial Lending, PNC Bank

George Limbert, The Honorable, United States Magistrate Judge

Giovanne Merlo, Auditor-The City of Niles

Daniel E. Polivka, Trumbull County Commissioner

James M. Rosa, Principal, Hill, Barth, & King LLC


Dennis A. Rossi, President, Rossi Insurance Agency       

Diane Sauer, President, Diane Sauer Chevrolet

Julie Michael Smith, Entrepreneurship Coordinator YSU

Steven J. Snyder, Managing Director, Chemical Bank

Jeffrey S. Solomon, President, P&S Equities

Charlie Staples, President, Charlie Staples Famous Bar-B-Que

Lynette Sutton, Secretary, YADC

Shelley Odille Taylor, CPCU, CIC Agent, President, Paige & Byrnes Insurance

Joshua Toot, Senior Vice President, Commercial Banking, Home Savings & Loan

Bank Partners

We can partner with any bank the client uses or is comfortable with.

Apply now