Two Cincinnati-area thrift holding companies said last week that they would combine in a deal worth $48 million.

Fidelity Financial of Ohio Inc., Norwood, would exchange 1.5 shares of its common stock and cash for each share of Glenway Financial Corp. of Cincinnati.

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.