Dollar Bank, an independent mutual bank, has announced that it will open its new Ohio headquarters in Cleveland.
The new space houses the headquarters branch, a private banking center, a training facility and retail operational support.
Dollar Bank operates 24 branches and two loan centers in the Cleveland metropolitan area, offering a full range of business and personal banking products and services. According to Dollar Bank, in Ohio it has deposits of nearly $1.5 billion and employs more than 300 people in the region.
Andrew Devonshire, president of Dollar Bank Ohio, said: Our expanding presence demonstrates our ongoing commitment to Cleveland and northeastern Ohio. We have great confidence in the future economic vitality of this region.