First Financial acquiring Westfield Bancorp in $325m deal, enhancing presence in Northeast Ohio.

From Yahoo Finance: 2025-06-24 08:15:00

First Financial is set to acquire Westfield Bancorp from Ohio Farmers Insurance Company in a $325m cash and stock deal. The transaction includes retail banking locations and other services, enhancing First Financial’s presence in Northeast Ohio. The acquisition is expected to close in the fourth quarter of 2025, pending regulatory approvals. Westfield Bank clients will benefit from expanded credit capacity and growth opportunities. Westfield Bank’s leadership sees the acquisition as a new chapter for customers and employees, ensuring continued success in the future.



Read more at Yahoo Finance: First Financial to acquire Westfield Bancorp in $325m deal