May 31, 2018 – First Mutual Holding Co. (“FMHC”), the largest member-owned mutual holding company of its kind in the Midwest, today announces the launch of First Mutual Bank, a result of the merger between Doolin Security Savings Bank, FSB (“Doolin”) and Belpre Savings Bank (“Belpre”). First Mutual Bank combines the strength of two well established banks to form an even stronger customer-focused and depositor-owned bank with pro forma assets of $96 million and four banking offices. Read the full news release.
May 11, 2017 – First Mutual Holding Co. (“FMHC”), the largest member –owned mutual holding company of its kind in the Midwest, today announced that Doolin Security Savings Bank, FSB (“Doolin”) agreed to affiliate with FMHC, pending approval of regulatory agencies and of voting members of Doolin. According to terms of the definitive agreement, New Martinsville, West Virginia-based Doolin, with $48 million in assets, will combine with FMHC subsidiary Belpre Savings Bank, with $46 million in assets. Upon closing, the transaction will create a subsidiary bank with pro forma assets of $94 million that will be headquartered in Belpre, Ohio. Read the full news release.