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Ohio-based Farmers National Banc buys Maple Leaf Financial

Canfield, Ohio-based Farmers National Banc Corp. completed the acquisition of Newbury, Ohio-based Maple Leaf Financial Inc.

Maple Leaf Financial merged into a newly formed, wholly owned subsidiary of Farmers National Banc, FMNB Merger Subsidiary III LLC. Geauga Savings Bank, the bank subsidiary of Maple Leaf Financial, merged into Farmers National Bank of Canfield, the bank unit of Farmers National Banc.

Farmers National Banc now has $2.7 billion in banking assets, over $1.3 billion in trust assets, and operates 41 branches in Northeast Ohio and Western Pennsylvania, according to a news release.