Four Ohio community banks and one in Indiana have teamed up to purchase 50% of an Ohio insurance company for $28 million.

Delaware County Bank and Trust, Eaton National Bank and Trust, Ohio Valley Bank, and Ohio Heritage Bank, along with Richmond, Ind.-based First Bank Richmond bought the property and casualty specialty lines group Century Surety Co. from Century Business Services Inc. of Cleveland.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.