Camco Financial

Camco Financial Corporation

Company type	Public company
Industry	Financial services
Founded	October 19, 1970 (1970-10-19) in Cambridge, Ohio, United States
Defunct	2014 (2014)
Fate	Merged with Huntington Bancshares
Headquarters	Cambridge, Ohio , United States
Products	Banking products and services (through Advantage Bank)

Camco Financial Corporation, based in Cambridge, Ohio, operated as a bank holding company incorporated under Delaware statutes. It was the sole proprietor of Advantage Bank, an Ohio-centered institution with 22 branches located throughout Ohio, Kentucky, and West Virginia. Through Advantage Bank, Camco delivered a comprehensive array of banking products and services. As of December 31, 2012, the corporation reported total assets amounting to $764.259 million, stockholders' equity of $59.727 million, and deposits totaling $627.224 million.

Operations under the Camco name concluded in 2014 after it merged with Huntington Bancshares.

History

Camco Financial Corporation was founded on October 19, 1970.

In June 2001, the company restructured its banking operations by consolidating them under Advantage Bank.

The year 2004 saw Camco merge with London Financial Corporation along with its subsidiary, The Citizens Bank of London.

In 2013, Camco successfully resolved a Consent Order that had been issued by the Federal Deposit Insurance Corporation and Ohio's Division of Financial Institutions.

That same year, Camco was acquired by Huntington Bancshares. The merger was finalized by March 2014, marking the end of Camco Financial’s independent existence.