A Solution for Closely Held Banks
Jeff For Banks
JANUARY 28, 2016
This month, Old Fort Banking Company in Tiffin, Ohio gave us an answer. Either way, Old Fort would have likely secured the loan. A recent FDIC analysis concluded this. By comparison, FirstMerit, also of Ohio, had a 0.91% ROA and a 7.90% ROE for the same period. form an Employee Stock Ownership Plan (ESOP).
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