Banks to merge, change name

DEFIANCE — First Federal Bank of the Midwest and Home Savings Bank have merged and have a new name.

The business will now be known as Premier Bank.

The strategic merger and integration of the two bank systems should be completed in July.

“I’m truly excited to announce this upcoming name change that will bring together all of our branches under one brand,” stated Donald P. Hileman, CEO of First Federal Bank and Home Savings Bank. “We achieved our goal of selecting a name that represents and honors the commitment both banks have made to our customers and communities by providing the best in financial partnerships for over a century.”

The combined 77 branches will begin adopting the Premier Bank name and new branding in June with the transition being complete by mid-July.

Additional details of the new brand will continue to be developed and released in the coming months.

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