Huntington to buy Ky.'s Firstfed for stock.

COLUMBUS, Ohio -- Huntington Bancshares as announced a definitive agreement to acquire Firstfed Northern kentucky Bancorp. for stock valued at $33 million.

Firstfed, a thirft holding company, has $226 million of assets in the northern Kentucky markets of Kenton and Boone counties, which would bring Huntington's metropolitan Cincinnati assets to $1.3 billion, including $670 in Kentucky.

Huntington has $16.5 billion of total assets, and 349 banking offices in Ohio, Florida, Illinois, Indiana, Kentucky, Michigan, Pennsylvania, and West Virginia.

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