The Lorain National Bank
- Bank Name:The Lorain National Bank
- Bank Class:National Bank - FED Member
- FDIC ID:Certificate #14832 - Inactive
- FED RSSD ID:#39420 - Inactive
History Of The Lorain National Bank
The Lorain National Bank was established on October 22, 1934, and originally operated under its founding name. Throughout its history, the bank expanded through strategic acquisitions, including the acquisition of Morgan Bank, National Association in Hudson, Ohio, on May 10, 2007. In a significant development in its corporate history, The Lorain National Bank merged with Northwest Bank, headquartered in Warren, Pennsylvania, on August 14, 2015, effectively becoming part of a larger financial institution.
Below is a list of some important events in banks history, including mergers and acquisitions.
1934-10-22Institution established. Original name: The Lorain National Bank.
2007-05-10Acquired Morgan Bank, National Association in Hudson, OH.
2015-08-14Merged and became part of Northwest Bank in Warren, PA.
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