Keycorp's Society unit acquires thrift in Ohio.

CLEVELAND -- Keycorp has completed the acquisition of State Home Savings Bank of BoWling Green, Ohio,by its affiliate Society National Bank.

The acquisition, for an undisclosed amount, of State Home Savings expands the presence of Society National Bank in five northwest Ohio counties - Wood, Fulton, Lucas, Putnam, and Seneca. Society National Bank is the largest financial institution in northwest Ohio with more than 80 offices in that region.

State Home Savings, a closely held federal savings bank, has $338 million of assets and 14 offices in five northwest Ohio counties.

Keycorp has assets of $63.4 billion.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER