Farmers National Banc Corp. has completed the merger of Maple Leaf Financial Inc. into FMNB Merger Subsidiary III LLC, a newly-formed, wholly-owned subsidiary of Farmers, and the merger of Geauga Savings Bank into Farmers National Bank.
“We are excited to complete this transaction, our fourth bank acquisition since 2015,” Farmers President and CEO Kevin J. Helmick said in a statement. “In addition, we look forward to bring our successful community banking model to the attractive Geauga market and expand our profile in Cuyahoga County.”
Canfield-based Farmers now has $2.7 billion in banking assets, over $1.3 billion in trust assets and operates 41 branches in Northeast Ohio and Western Pennsylvania.
Farmers is the holding company for The Farmers National Bank of Canfield. Maple Leaf Financial is the holding company for Geauga Savings Bank.
