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The First Banc Group, Inc. was formed in 1968 as a holding company for City National Bank and was used as a vehicle to acquire other banks. As Ohio began to gradually relax its very restrictive Great Depression era banking laws that had severely restricted bank branching and ownership, City National Bank, through its First Banc Group parent, started to purchase banks outside of its home county.
In December 2008, the bank received a $72 million investment from the United States Department of the Treasury as part of the Troubled Asset Relief Program. The investment was returned in 2013. [6] In December 2012, the bank sold 21 branches to Chemical (now TCF Financial Corporation). [7] [8] In 2015, the bank closed 6 branches. [9]
The bank was founded in 1905 as Monroe State Savings Bank. [1] In 1940, it acquired Dansard Bank. [1] In 1950, the bank opened its second location, a branch in Ida, Michigan. [1] In 1968, the bank changed its name from "Monroe State Savings Bank" to "Monroe Bank & Trust". [1] In 2001, the bank expanded into Wayne County, Michigan.
Get the Bristol, VA local weather forecast by the hour and the next 10 days. ... and some parts of the city reported more than 3 inches of accumulation. ... one of three brush fires that broke out ...
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In 2011, the bank acquired Bank of Granite. In conjunction with the transaction, the bank raised $310 million of capital, including $79 million from each of The Carlyle Group and Oak Hill Capital Partners. [11] In 2013, the bank holding company changed its name to CommunityOne Bancorp. [12] In 2016, the bank was acquired by Capital Bank ...
October 28, 2014, Fifth Third Bank announced plans to relocate its Michigan Regional Headquarters from Southfield to Downtown Detroit in what will be named the Fifth Third Bank Building at One Woodward. The bank occupies approximately 62,000 sq ft (5,800 m 2) of the structure and has also pledged an investment totaling $85 million to the city ...
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