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Camco Financial

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Bank holding company
Camco Financial Corporation
Company typePublic
Traded asNasdaq: CAFI
IndustryFinancial services
Founded1970
HeadquartersCambridge, Ohio, U.S.
Key peopleJames Huston (chairman & CEO)
Operating incomeIncrease US$ 31.623 million (2012)
Net incomeIncrease US$ 4.163 million (2012)
Total assetsIncrease US$ 764.259 million (2012)
Number of employees200(2012)

Camco Financial Corporation, or Camco Financial, headquartered in Cambridge, Ohio, was a registered bank holding company under the law of Delaware. It wholly owned the Ohio-based Advantage Bank and operated 22 offices in Ohio, Kentucky and West Virginia. Camco offered a wide range of banking services through Advantage Bank. As of December 31, 2012, Camco had $764.259 million in total assets, $59.727 million in total stockholders' equity and $627.224 million in deposits.

Camco ended in 2014, following a merger with Huntington Bancshares.

History

On October 19, 1970, Camco Financial Corporation was organized as a holding company.

In June, 2001, Camco Financial Corporation finished the reorganization and it combined the banking activities under the Advantage Bank.

In 2004 Camco Financial Corporation merged with London Financial Corporation of London, Ohio, along with its wholly owned subsidiary, The Citizens Bank of London.

In 2013, the corporation declared the termination of a Consent Order dating back to February 9, 2012, issued by the Federal Deposit Insurance Corporation (FDIC) and the State of Ohio's Department of Commerce, Division of Financial Institutions (Ohio Division).

In 2013, Camco was purchased by Huntington Bancshares. The merger was complete by March 2014, ending Camco Financial's independent existence.

References

  1. traded symbols
  2. "Foundation time". Reuters. Archived from the original on 2013-12-30. Retrieved 2017-07-02.
  3. ^ "Selected Financial Data".
  4. ^ "CONSUMER AUTOMOTIVE FINANCE INC (CAFI) Company Profile & Facts - Yahoo Finance".
  5. ^ "EDGAR Pro".
  6. ^ "Company Search". Reuters. Archived from the original on 2013-12-30. Retrieved 2017-07-02.
  7. ^ "Huntington Bancshares Expands in Ohio with Closing of Acquisition of Camco Financial, Parent of Advantage Bank". Columbus, Ohio: Huntington Bancshares. March 4, 2014. Retrieved September 11, 2016.
  8. ^ "Company History". www.advantagebankonline.com. Archived from the original on 2013-12-31.
  9. "Camco Financial Announces Termination of Consent Order". finance.yahoo.com. 2013-12-30. Archived from the original on 2013-12-31.
  10. "Huntington-Camco deal to close March 1". www.bizjournals.com. Archived from the original on 2014-03-09. Retrieved 2020-08-21.

External links

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