Guernsey Bank acquiring Marion-based Ohio State Bank - Guernsey - TopicsExpress

Guernsey Bank acquiring Marion-based Ohio State Bank - Guernsey Bancorp Inc. has agreed to acquire the Marion-based parent companies of Ohio State Bank, a deal that would make it a $235 million-asset community bank. The deal for Ohio State Bancshares Inc. and RBancshares Inc., disclosed Wednesday, would be valued at $4 million to $5 million, said Guernsey CEO Bob Patrella. The Ohio State Bank’s branches, two in Marion and one Lewis Center, will remain open and be reflag... ow.ly/2xJJ77

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