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The Ohio National Bank building is a historic structure in Downtown Columbus, Ohio. The Neoclassical building was designed by Richards, McCarty & Bulford , built in 1911, and largely remains as built.
In 1980, Farmers & Merchants Bank, Milford Center and The First National Bank of Burton merged with Huntington Bancshares. [14] In 1981, the bank acquired Alexandria Bank Company and renamed it The Huntington State Bank, with a loan production office opening in Cincinnati. In 1982, the bank merged with the Reeves Banking and Trust Company. [14]
GLB Bancorp operated Great Lakes Bank, with 13 branches in Lake and Cuyahoga counties. [12] October 24, 2002: Metropolitan Financial Corp. Metropolitan Bank was a $1.5 billion bank that operated 30 offices in the Cleveland area. Sky now has 254 financial centers and $12.5 billion in assets, making it the 54th largest bank holding company in the ...
The Federal Deposit Insurance Corporation (FDIC) may assume deposits of banks or allow other banks to assume them. The largest banks to be acquired have been the Merrill Lynch acquisition by Bank of America, the Bear Stearns and Washington Mutual acquisitions by JPMorgan Chase, and the Countrywide Financial acquisition also by Bank of America.
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.
First National Cincinnati Corporation made its first expansion move outside of Hamilton County by announcing in May 1975 the pending acquisition of the Yellow Springs, Ohio-based Miami Deposit Bank from Midwestern Fidelity Corporation for an undisclosed amount. [5] At the time of the announcement, First National Bank of Cincinnati had 24 offices.
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This page was last edited on 23 December 2023, at 23:27 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.