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CHEV - Cheviot Financial Corp

Cheviot Financial Corp logo Cheviot Financial Corp (CHEV) is a financial services holding company that operates as a community-oriented financial institution. The company provides a range of banking services, including personal and commercial banking, mortgage lending, and wealth management services. Cheviot Financial operates through a network of branches located in southwestern Ohio, Kentucky, and Indiana.

As of my knowledge cutoff in September 2021, Cheviot Financial was in the process of being acquired by WesBanco, Inc., a bank holding company based in West Virginia. The deal was expected to close in the fourth quarter of 2021, subject to regulatory approval and other customary closing conditions.

Cheviot Financial has a strong history of providing personalized banking services to its customers, with a focus on building long-term relationships. The company has been recognized for its commitment to customer service and has received a number of awards and accolades over the years. Cheviot Financial has also been actively involved in the communities it serves, supporting local organizations and initiatives.

In terms of financial performance, Cheviot Financial has shown consistent growth in recent years. The company has reported strong earnings and revenue growth, with a focus on expanding its loan portfolio and diversifying its revenue streams. The acquisition by WesBanco is expected to further enhance Cheviot Financial's growth prospects, providing the company with access to additional resources and expertise.

Overall, Cheviot Financial Corp is a well-established community bank that has built a reputation for providing personalized banking services to its customers. The company's pending acquisition by WesBanco is expected to further strengthen its position in the market, creating a more robust and competitive financial i

 



 

 

 
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