Daniels Joins Camco Financial Corporation as President of Westwood Homestead Savings Bank.Business Editors CAMBRIDGE, Ohio--(BUSINESS WIRE)--June 19, 2001 Camco Financial Corporation (Nasdaq:CAFI CAFI Canadian Agriculture and Food International CAFI Conférence des Alpes franco-italiennes (French) CAFI Computer-Aided Fault Isolation CAFI Commanders Annual Facility Inspection ) recently hired banking veteran, Stephen Daniels, as western region president of Advantage Bank, and division president of Westwood Homestead Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. . Daniels has an outstanding record for improving profitability of financial institutions by increasing sales, expanding customer relationships, and developing new products. Daniels will provide community banking leadership and direction for the western region of Advantage Bank, which includes Westwood Homestead Savings Bank in Cincinnati and First Savings Bank in Washington Court House Washington Court House, city (1990 pop. 12,983), seat of Fayette co., SW Ohio, on Paint Creek, in a productive farm, dairy, and poultry area; laid out and founded c.1810, inc. 1831. Its many manufactures include shoes, gloves, dairy products, and automobile and aircraft parts. . "We are very honored to have Steve join the Camco family," said Rick Baylor, president of Camco Financial Corporation. "His outstanding record of achievements in the industry and his strong ties to the Cincinnati community will make him an asset to our team and our customers." Prior to joining Advantage Bank, Daniels was executive vice president for Huntington National Bank in Cincinnati, Ohio “Cincinnati” redirects here. For other uses, see Cincinnati (disambiguation). Cincinnati is a city in the U.S. state of Ohio and the county seat of Hamilton County. . In this position, he was responsible for balance sheet performance of $1.6 billion in deposits and $700 million in loans. He also directed a number of regional sales management efforts for consumer loans, small business, deposits, investments, insurance and mortgage activities through 63 banking offices in Indiana, Kentucky and Southwestern Ohio. Daniels also served as president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for Citizens State Bank and vice president of Madison Savings Bank, both in Cincinnati, Ohio. Daniels attended the University of Cincinnati The University of Cincinnati is a coeducational public research university in Cincinnati, Ohio. Ranked as one of America’s top 25 public research universities and in the top 50 of all American research universities,[2] and the Graduate School of Banking in Madison, Wisconsin. He has served as a board member for the Urban League of Greater Cincinnati and the Mason Christian Village and Health Care Facility. He currently resides in the Cincinnati area with his wife, Cheryl and they have two grown children. David Caldwell, who was formerly 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 Westwood Homestead Savings Bank in Cincinnati, will now be eastern region president for Advantage Bank and vice president of retail banking and financial services in Cambridge, Ohio. Camco Financial Corporation is a multi-state/multi-bank holding company headquartered in Cambridge, Ohio concentrating in Community Banking, Mortgage Banking and Title Services. Through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Advantage Bank, Camco provides a broad array of financial services through 30 offices in 23 communities in Ohio, Kentucky and West Virginia. As of March 31, 2001, Camco reports assets in excess of $1 billion. Advantage Bank Ohio divisions include, Cambridge Savings Bank, Marietta Savings Bank, First Savings Bank of Washington Court House, Westwood Homestead Savings Bank of Cincinnati and First Bank For Savings in Ashland, Kentucky. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion