# Camco Financial

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{{Short description|Bank holding company}}
{{Infobox company
|name             = Camco Financial Corporation
|logo             = 
|type             = [Public](/source/Public_company)
|traded_as        = {{NASDAQ was|CAFI}}<ref name=Google>{{Citation|url=https://www.google.com/finance/quote/CAFI:OTCMKTS|title=traded symbols}}</ref>
|industry         = [Financial services](/source/Financial_services)
|founded          = 1970<ref>{{cite news|url=https://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=CAFI.O|title=Foundation time|work=Reuters|access-date=2017-07-02|archive-date=2013-12-30|archive-url=https://web.archive.org/web/20131230233432/http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=CAFI.O|url-status=dead}}</ref>
|location         = [Cambridge, Ohio](/source/Cambridge%2C_Ohio), U.S.
|key_people       = James Huston ([chairman](/source/chairman) & [CEO](/source/Chief_executive_officer))
|operating_income = {{Increase}} US$ 31.623&nbsp;million (2012)<ref name="10K">{{cite web|url=http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=9172124-137113-142991&type=sect&TabIndex=2&companyid=7741&ppu=%252fdefault.aspx%253fsym%253dCAFI|title=Selected Financial Data}}</ref>
|net_income       = {{Increase}} US$ 4.163&nbsp;million (2012)<ref name="10K"/>
|assets           = {{Increase}} US$ 764.259&nbsp;million (2012)<ref name="10K"/>
|num_employees    = 200(2012)<ref name="finance.yahoo.com">{{Cite web|url=https://finance.yahoo.com/q/pr?s=CAFI|title = CONSUMER AUTOMOTIVE FINANCE INC (CAFI) Company Profile & Facts - Yahoo Finance}}</ref>
|website          = 
}}

'''Camco Financial Corporation''', or '''Camco Financial''', headquartered in [Cambridge, Ohio](/source/Cambridge%2C_Ohio), was a registered bank [holding company](/source/holding_company) under the law of [Delaware](/source/Delaware).<ref name="finance.yahoo.com"/> It wholly owned the Ohio-based '''Advantage Bank''' and operated 22 offices in [Ohio](/source/Ohio), [Kentucky](/source/Kentucky) and [West Virginia](/source/West_Virginia).<ref name="google.brand.edgar-online.com">{{Cite web|url=http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=9172124-5406-81474&type=sect&TabIndex=2&companyid=7741&ppu=%252fdefault.aspx%253fsym%253dCAFI|title=EDGAR Pro}}</ref> Camco offered a wide range of banking services through Advantage Bank.<ref name="google.brand.edgar-online.com"/><ref name="reuters.com">{{cite news | url=https://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=CAFI.O | work=Reuters | title=Company Search | access-date=2017-07-02 | archive-date=2013-12-30 | archive-url=https://web.archive.org/web/20131230233432/http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=CAFI.O | url-status=dead }}</ref> As of December 31, 2012, Camco had $764.259 million in total assets, $59.727 million in total stockholders' equity and $627.224 million in deposits.<ref name="google.brand.edgar-online.com"/>

Camco ended in 2014, following a merger with [Huntington Bancshares](/source/Huntington_Bancshares).<ref name="camco2"/>

==History==
On October 19, 1970, Camco Financial Corporation was organized as a holding company.<ref name="reuters.com"/>

In June, 2001, Camco Financial Corporation finished the reorganization and it combined the banking activities under the Advantage Bank.<ref name="advantagebankonline.com">{{Cite web | url=http://www.advantagebankonline.com/home/about/history | title=Company History | archive-url=https://web.archive.org/web/20131231000307/http://www.advantagebankonline.com/home/about/history | archive-date=2013-12-31 | website=www.advantagebankonline.com}}</ref>

In 2004 Camco Financial Corporation merged with London Financial Corporation of London, Ohio, along with its wholly owned subsidiary, The Citizens Bank of London.<ref name="advantagebankonline.com"/>

In 2013, the corporation declared the termination of a Consent Order dating back to February 9, 2012, issued by the [Federal Deposit Insurance Corporation](/source/Federal_Deposit_Insurance_Corporation) (FDIC) and the State of Ohio's Department of Commerce, Division of Financial Institutions (Ohio Division).<ref>{{Cite web | url=https://finance.yahoo.com/news/camco-financial-announces-termination-consent-132157526.html | archive-url=https://web.archive.org/web/20131231000359/https://finance.yahoo.com/news/camco-financial-announces-termination-consent-132157526.html | archive-date=2013-12-31| website=finance.yahoo.com | title=Camco Financial Announces Termination of Consent Order | date=2013-12-30}}</ref>

In 2013, Camco was purchased by [Huntington Bancshares](/source/Huntington_Bancshares).<ref>{{Cite web|last=|first=|date=|title=Huntington-Camco deal to close March 1|url=https://www.bizjournals.com/columbus/news/2014/02/26/huntington-camco-deal-to-close-march-1.html|url-status=live|archive-url=https://web.archive.org/web/20140309042019/http://www.bizjournals.com/columbus/news/2014/02/26/huntington-camco-deal-to-close-march-1.html|archive-date=2014-03-09|access-date=2020-08-21|website=www.bizjournals.com}}</ref> The merger was complete by March 2014, ending Camco Financial's independent existence.<ref name="camco2">{{cite web |url=http://huntington-ir.com/ne/news/hban030414.htm |title=Huntington Bancshares Expands in Ohio with Closing of Acquisition of Camco Financial, Parent of Advantage Bank |date=March 4, 2014 |location=Columbus, Ohio |publisher=Huntington Bancshares |accessdate=September 11, 2016}}</ref>

==References==
{{Reflist}}

==External links==
{{Portal|Banks}}
*{{official website|http://www.advantagebankonline.com/}}

Category:Companies formerly listed on the Nasdaq
Category:Holding companies of the United States
Category:Holding companies established in 1970
Category:Holding companies disestablished in 2014
Category:1970 establishments in Ohio
Category:2014 disestablishments in Ohio
Category:Huntington Bancshares
Category:American companies disestablished in 2014
Category:American companies established in 1970
Category:Financial services companies established in 1970
Category:Financial services companies based in Ohio

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Adapted from the Wikipedia article [Camco Financial](https://en.wikipedia.org/wiki/Camco_Financial) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Camco_Financial?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.