WASHINGTON -- Three Ohio banks have been keeping the Federal Reserve Board busy.

Fifth Third Bancorp has applied to the Fed to buy Shelby County Savings Bank, an Indiana savings association with $57 million of assets. The Cincinnati-based bank plans to incorporate the thrift into its Fifth Third of Southeast Indiana subsidiary, a state-chartered bank with about $380 million of assets. The company has about $1 billion of its $10.2 billion of assets in Indiana, a spokesman said.

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