ASB Financial Corp.

As of April 13, 2018, ASB Financial Corp. was acquired by Peoples Bancorp Inc. ASB Financial Corp. operates as the thrift holding company for American Savings Bank, fsb that provides a range of banking and financial services to individual and corporate customers in the United States. The company accepts various deposits, such as demand, savings, NOW, time, and money market deposits; and originates loans secured by one-to four-family residential real estate, and loans secured by multifamily residences and nonresidential real estate. It also purchases interests in loans originated by other lenders secured by multifamily real estate and nonresidential real estate. In addition, the company offers commercial loans, including finance for working capital, and equipment purchase and expansion; and consumer loans, such as automobile and personal loans. Further, it invests in mortgage-backed securities, the U.S. government and agency obligations, municipal bonds, and other investments. The company operates in the Southern Ohio, Greater Cincinnati area, and Northeastern Kentucky. ASB Financial Corp. was founded in 1892 and is based in Portsmouth, Ohio.