Ohio Commerce Bank

Ohio Commerce Bank was founded by local businessmen and bankers in 2006 to serve the small and midsized business community.

Ohio Commerce Bank was founded by local businessmen and bankers in 2006 to serve the small and midsized business community. With only one branch and facing a challenging banking environment and economy in its first few years, Ohio Commerce Bank was still able to grow to $87 million in loans and $106 million in deposits before being acquired by Peoples Bank in July 2013. The deal was worth $16.5 million. Peoples Bank has 49 locations in Ohio, West Virginia and Kentucky, and $1.9 billion in total assets.

Status: Former Portfolio