Farmers National in Ohio to Buy Insurance Agency

Farmers National Banc in Canfield, Ohio, has agreed to buy Bowers Insurance Agency in Cortland, Ohio.

The $1.8 billion-asset Farmers National did not disclose the price it will pay for the agency. The deal is expected to close in the second quarter.

Farmers National said in a press release that the acquisition should allow it to offer broader insurance options.

Raymond James and Vorys, Sater, Seymour and Pease advised Farmers National.

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