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John R. Waldron, president and CEO of County National Bank, announced the recent promotion of several members of the CNB team.
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Litchfield is an unincorporated community in central Litchfield Township, Medina County, Ohio, United States. It is situated at the junction of State Routes 83 and 18, about nine miles northwest of the city of Medina. [2] A post office called Litchfield has been in operation since 1832. [3] The community takes its name from Litchfield Township. [4]
1977: The First National Bank of Dayton is the corporation's first major acquisition. Two banks had merged to create the Dayton Bank in 1961: Merchant's National Bank (1871) and People's Bank & Trust Co. (1957). [91] 1978: The Huron County Banking company in Norwalk, Ohio, is acquired. The bank is renamed National City Bank, Norwalk in 1985. [91]
The First Banc Group, Inc. was formed in 1968 as a holding company for City National Bank and was used as a vehicle to acquire other banks. As Ohio began to gradually relax its very restrictive Great Depression era banking laws that had severely restricted bank branching and ownership, City National Bank, through its First Banc Group parent, started to purchase banks outside of its home county.
Park National Bank, with branches in Mansfield and Richland County, is No. 1 in Ohio on Forbes' 2024 list of America’s Best Banks. Park National Bank, with branches in Mansfield and Richland ...
In 2010, Union Savings Bank expanded its branch offices into Litchfield County through a merger with The First National Bank of Litchfield, the oldest nationally chartered bank in the state of Connecticut. The First National Bank of Litchfield had been in operation in Litchfield County for 196 years. [5]
The bank was founded in 1905 as Lorain Banking Co. [2] [1] In 1961, it merged with the National Bank of Lorain to form Lorain National Bank. [2] [1] In February 2005, Daniel Klimas became president & chief executive officer of the bank. [3] [4] [5] In 2007, the bank acquired Morgan Bancorp for $26.5 million in cash and stock. [6]