Advertisement

Chemical Bank may buy Ohio’s Home State.

Share via

Chemical Bank of New York tentatively agreed Tuesday to buy Home State Savings Bank of Cincinnati, a move that would allow depositors to recover their money from Home State and end the state’s worst banking crisis since the Depression. Officials from Chemical met for nearly three hours Tuesday evening with Gov. Richard F. Celeste and legislative leaders to discuss details of the buy-out, which must be approved by the Legislature.

Advertisement