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Tuesday, March 6, 2018

First Federal Bank of the Midwest is a bank based in Defiance, Ohio. It is the primary subsidiary of First Defiance Financial Corp., a bank holding company.

It operates 28 full service branches and 35 automated teller machine in Ohio, Indiana, and Michigan.

History




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The bank was established in 1920 as FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF DEFIANCE.

In 2000, the name of the bank was changed to First Federal Bank of the Midwest.

In March 2008, the company acquired Pavilion Bancorp Inc. and its subsidiary, the Bank of Lenawee.

In 2012, the company repurchased the stock issued to the United States Department of the Treasury in connection with its investment in the company via the Troubled Asset Relief Program and in 2015 the company repurchased the warrants issued to the Treasury.

In February 2014, the company announced a merger with First Community Bank and entered the Columbus, Ohio market. However, in April 2014, the merger agreement was terminated.

In February 2017, the company acquired Commercial Bancshares, Inc. and The Commercial Savings Bank for $70.3 million.

References


Newsroom
Newsroom. Source : www.polishculturalcenter.com

External links


Federal Reserve Bank of Cleveland - Wikipedia
Federal Reserve Bank of Cleveland - Wikipedia. Source : en.wikipedia.org


Newsroom
Newsroom. Source : www.polishculturalcenter.com

 
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