Amid Loan Losses, Peoples Community Bank Agrees to Sale

Dayton Daily News › September 19, 2008

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Summary

Peoples Community Bank, which has struggled for months under the weight of millions of dollars in loan losses, is selling itself to another southwest Ohio bank.

Peoples identified the buyer as CenterBank, which began operating in 2000 and is headquartered in Milford, just east of Cincinnati in Clermont County. Peoples didn't announce the transaction until after 10 p.m. Friday, Sept. 12, hours after the market had closed.

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Amid Loan Losses, Peoples Community Bank Agrees to Sale

Peoples, based in West Chester Twp., operates a total of 19 offices in Butler, Warren and Hamilton counties in O...

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