In the News

Warsaw Federal Savings & Loan (Warsaw Federal), an independent mutual and Minority Depository Institution (MDI) bank, announced the closing of its first round of investments with an additional $1.5 million by WesBanco Bank and The Western and Southern Life Insurance Company in its $5.0 million private placement of Additional Tier 1 (AT1) Capital Instruments.

On Thursday, February 27^th, at its Annual Dinner, the Cincinnati Regional Chamber recognized eight individuals as honorees of its We Are Making Black History campaign. Now in its 7^th year, Making Black History highlights Black leaders living and working in our region creating legacies today. These leaders are from diverse backgrounds and professions, united by their commitment to excellence. We Are Making Black History is generously supported by BT Rise and Frost Brown Todd.

Ten Greater Cincinnati-area women have been selected as 2025 YWCA Greater Cincinnati Career Women of Achievement, honored as outstanding role models for their leadership, vision and renowned professional success that also embrace the mission of the YWCA.

With the initial close of a capital raise for its Cincinnati affiliate — achieved using a mechanism that’s barely been used in decades — First Mutual Holding Co. (FMHC) continues to position itself as a trailblazer in terms of supporting the growth and stability of the diminishing mutual bank ecosystem.

“We are very pleased to announce the initial closing of our additional tier 1 capital offering. The new capital will provide support for the growth that we envision for our organization,” said Robie K. Suggs, president and CEO of Warsaw Federal. “It is an exciting time for us and we’re incredibly enthusiastic about our future. As a mutual we’re taking a measured and thoughtful approach in our transition to an MDI.