Cleveland - Society Corp. expects to realize more than $100 million in annual cost savings from its recent merger with Ameritrust Corp., Society chairman Robert Gillespie said.

At a McDonald & Co. seminar, he said the savings would amount to $8 million to $10 million a month.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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