SB Financial : Announces Expansion into the Warsaw, Indiana Market
September 21, 2016 at 03:00 am IST
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DEFIANCE, Ohio, Sept. 20, 2016 /PRNewswire/ -- SB Financial Group, Inc. (NASDAQ: SBFG), ('SB Financial' or the 'Company'), announced today the opening of a new Residential Real Estate loan production office in Warsaw, Indiana.
The Warsaw loan production office will provide customers with personalized solutions for all their residential real estate needs. Leading the entrance into the Warsaw market and the surrounding areas will be Rich Galbreath. Mr. Galbreath joined the State Bank team in 2015 as a mortgage originator, and he currently serves the Fort Wayne, Indiana market.
'We are pleased to announce our expansion into this market,' said Chairman, President and CEO, Mark Klein. 'Warsaw is a natural extension of our current presence in northeastern Indiana, and demonstrates our continued commitment to strengthening our market position.'
'I'm thrilled by this move into Kosciusko County,' said Galbreath. 'In addition to Fort Wayne, I look forward to serving the Warsaw market. This new location provides us the opportunity to become the originator of choice, by leveraging the many existing and valuable relationships with current clients and local real estate professionals.'
About SB Financial Group, Inc.
Headquartered in Defiance, Ohio, SB Financial is a diversified financial services holding company with two operating subsidiaries: State Bank and DCM. State Bank provides a full range of financial services for consumers and small businesses, including wealth management, mortgage banking and commercial and agricultural lending, operating through a total of 19 banking centers; 18 in nine Ohio counties and one center in Fort Wayne, Indiana, and 22 full-service ATMs. The Company has six loan production offices located throughout the Tri-State region of Ohio, Indiana and Michigan. DCM provides item processing services to community banks located primarily in the Midwest. SB Financial's common stock is listed on the NASDAQ Capital Market under the symbol 'SBFG'. SB Financial's preferred stock is listed on the NASDAQ Capital Market under the symbol 'SBFGP'.
In May 2016, SB Financial was ranked #160 on the American Banker Magazine's list of Top 200 Publicly Traded Community Banks and Thrifts based on three-year average return on equity ('ROE').
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SOURCE SB Financial Group
SB Financial Group Inc. published this content on 20 September 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 September 2016 21:30:01 UTC.
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SB Financial Group, Inc. is a financial holding company. Through its direct and indirect subsidiaries, the Company is engaged in a various financial activities, including commercial banking, and wealth management services. The Company is primarily engaged in providing a full range of banking and wealth management services to individual and corporate customers primarily located in Ohio, Indiana, and Michigan. Its principal activity is the ownership and management of its wholly owned subsidiaries, The State Bank and Trust Company, SBFG Title, LLC, SB Captive, Inc., RFCBC, Inc., Rurbanc Data Services, Inc., Rurban Statutory Trust II, and SBFG Mortgage, LLC. The State Bank and Trust Company offers a full range of commercial banking services, including checking accounts, savings accounts, money market accounts and time certificates of deposit, automatic teller machines, commercial, consumer, agricultural and residential mortgage loans, commercial leasing, and various other services.