Ohio

Last week the car manufacturer said it would cut jobs and close factories. Now credit unions in the affected areas are considering how the news will affect their members and themselves.

Heartland BancCorp received the funds through a private placement to invest in several possible expansion options.

Bankers complain that the quasi-governmental system's new program designed to make more residential loans in four states goes well beyond its original mission.

The $45 million purchase will provide Peoples with eight branches and $244 million in deposits.

The Ohio company touted a strong pipeline for loans but warned that noninterest costs will likely rise in the fourth quarter when it records charges tied to branch closings.

Mark Decello will take over for Gerald Guy, who has served as president and CEO at KEMBA for 30 years.

ABA Insurance Services, which is owned American Bankers Mutual Insurance, offers a range of services to banks, small businesses and nonprofits.

The $25 million-asset credit union has already seen new efficiencies since moving to the new platform.

The Office of the Comptroller of the Currency lowered the $14 billion-asset thrift in Cleveland to “needs to improve” from "satisfactory."

The company will pay $142 million for Carolina Alliance Bank three months after buying NewDominion in Charlotte, N.C.

The law could further boost the state’s already vibrant financial services sector as well as spur additional innovation across the state’s economy, writes Valentina Isakina, financial services marketing director for JobsOhio.

The Ohio company agreed to buy TransCounty Title Agency, which has five offices around Columbus.

Melissa Ashley, who has been with the corporate since 1999, has been tapped to succeed retiring CEO Lee Butke.

The Ohio regional will start offering advisory services to professional athletes after it buys Franklin Street Partners.

Both of the credit unions being absorbed posted losses for 2017 and the first half of 2018.

Farmers & Merchants will pay $89 million for the parent of Bank of Geneva.

Huntington Bancshares is acquiring Hutchinson Shockey as both look to broaden their public finance reach.

The Chicago-based Hutchinson, Shockey, Erley & Co. focuses exclusively on municipal securities.

The Ohio special election is the latest sign that Democrats are well positioned to retake the House in midterm elections this fall.

Despite continued industry consolidation, the company still expects to have at least 10 chances each year to buy another bank.