Advantage Bank Participates in Affordable Housing Program.CAMBRIDGE, Ohio Cambridge is a city in the U.S. state of Ohio and the county seat of Guernsey CountyGR6. The municipality is located in southeastern Ohio and is in the Appalachian Plateau of the Appalachian Mountains. -- (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CAFI CAFI Canadian Agriculture and Food International CAFI Conférence des Alpes franco-italiennes (French) CAFI Computer-Aided Fault Isolation CAFI Commanders Annual Facility Inspection ) Advantage Bank, the banking subsidiary of Camco Financial Corporation, has announced that they will be providing a total of $90,000 for qualified borrowers through the Federal Home Loan Bank's Affordable Housing Program. Richard C. Baylor, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Camco and Advantage Bank made the announcement. Advantage Bank has $40,000 of American Dream American dream also American Dream n. An American ideal of a happy and successful life to which all may aspire: Homeowners monies available for minority borrowers who are in the low to moderate income category. Additionally, $50,000 is available in Welcome Home Funds available to this same group of borrowers. These program funds are made available through the Federal Home Loan Bank's Affordable Housing Program, representing a commitment to further the creation and affordability of homeownership of minorities and people with special needs. The Federal Home Loan Bank honors Advantage Bank as one bank in a select group of financial institutions that exhibits a commitment to improving the economic environment in the communities it serves. The program's funds may be used to purchase owner-occupied housing for very-low to moderate income households. Very-low income households are those with incomes at or below 50% of the area median income. Low and moderate income households are those at or below 80% of the area median income. These categories are defined by the U.S. Department of Housing and Urban Development. Camco Financial Corporation, holding company of Advantage Bank, is a $1.07 billion multi-state commercial bank holding company headquartered in Cambridge, Ohio. Advantage Bank and its affiliates offer community banking; that includes commercial, business and consumer financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , internet banking and title insurance services from 29 offices in 22 communities in Ohio, Kentucky and West Virginia. Additional information about Camco Financial may be found on Camco's web site: www.advantagebank.com. |
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