M&A Deal Summary

Richwood Bancshares Acquires Home City Federal Savings Bank

On July 25, 2018, Richwood Bancshares acquired financial services company Home City Federal Savings Bank

Acquisition Highlights

This is Richwood Bancshares’ 1st transaction in the Financial Services sector.
This is Richwood Bancshares’ 1st transaction in the United States.
This is Richwood Bancshares’ 1st transaction in Ohio.

M&A Deal Summary
Date	2018-07-25
Target	Home City Federal Savings Bank
Sector	Financial Services
Buyer(s)	Richwood Bancshares
Deal Type	Add-on Acquisition
Advisor(s)	Boenning & Scattergood (Financial) Vorys, Sater, Seymour and Pease (Legal)

Target

Home City Federal Savings Bank

Springfield, Ohio, United States

Home City Financial Corp. is a provider of banking and financial services to individual and corporate customers through two full service community banking centers in Springfield, Ohio. Home City's personal banking services include mortgage and consumer loans, online banking, Visa debit card, checking accounts, money market/prime statement savings accounts, certificates of deposit and individual retirement accounts. For corporate customers, Home City provides checking and savings accounts, lines of credit, commercial mortgage loans and SBA loans and merchant and electronic payment solutions.

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