New owner for parent company of First Place Bank - WFMJ.com News weather sports for Youngstown-Warren Ohio

New owner for parent company of First Place Bank

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WARREN, Ohio - The parent company of Warren based First Place Bank has a new owner.

On Friday, a federal bankruptcy judge approved the sale of First Place Financial to Talmer Bank Corp. of Michigan for 45 million dollars.

Federal regulators have cited First Place for failing to file financial statements in a timely manner over a four-year period.

First Place has said previously that customers will experience no change in bank operations from the sale.

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