Camco Financial
| Company type | Public |
|---|---|
| Nasdaq: CAFI[1] | |
| Industry | Financial services |
| Founded | 1970[2] |
| Headquarters | Cambridge, Ohio, U.S. |
Key people | James Huston (chairman & CEO) |
 US$ 31.623 million (2012)[3] | |
| US$ 4.163 million (2012)[3] | |
| Total assets | US$ 764.259 million (2012)[3] |
Number of employees | 200(2012)[4] |
Camco Financial Corporation, or Camco Financial, headquartered in Cambridge, Ohio, was a registered bank holding company under the law of Delaware.[4] It wholly owned the Ohio-based Advantage Bank and operated 22 offices in Ohio, Kentucky and West Virginia.[5] Camco offered a wide range of banking services through Advantage Bank.[5][6] 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.[5]
Camco ended in 2014, following a merger with Huntington Bancshares.[7]
History
[edit]On October 19, 1970, Camco Financial Corporation was organized as a holding company.[6]
In June, 2001, Camco Financial Corporation finished the reorganization and it combined the banking activities under the Advantage Bank.[8]
In 2004 Camco Financial Corporation merged with London Financial Corporation of London, Ohio, along with its wholly owned subsidiary, The Citizens Bank of London.[8]
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).[9]
In 2013, Camco was purchased by Huntington Bancshares.[10] The merger was complete by March 2014, ending Camco Financial's independent existence.[7]
References
[edit]- ^ traded symbols
- ^ "Foundation time". Reuters. Archived from the original on 2013-12-30. Retrieved 2017-07-02.
- ^ a b c "Selected Financial Data".
- ^ a b "CONSUMER AUTOMOTIVE FINANCE INC (CAFI) Company Profile & Facts - Yahoo Finance".
- ^ a b c "EDGAR Pro".
- ^ a b "Company Search". Reuters. Archived from the original on 2013-12-30. Retrieved 2017-07-02.
- ^ a b "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.
- ^ a b "Company History". www.advantagebankonline.com. Archived from the original on 2013-12-31.
- ^ "Camco Financial Announces Termination of Consent Order". finance.yahoo.com. 2013-12-30. Archived from the original on 2013-12-31.
- ^ "Huntington-Camco deal to close March 1". www.bizjournals.com. Archived from the original on 2014-03-09. Retrieved 2020-08-21.
External links
[edit]
- Companies formerly listed on the Nasdaq
- Financial services companies of the United States
- Holding companies of the United States
- Holding companies established in 1970
- Holding companies disestablished in 2014
- 1970 establishments in Ohio
- 2014 disestablishments in Ohio
- Huntington Bancshares
- American companies disestablished in 2014
- American companies established in 1970
- Financial services companies established in 1970