First Financial President and CEO Elected to Federal Reserve Bank of Cleveland’s Board of Directors
January 7, 2013
Cincinnati, OH –First Financial Bank is pleased to announce the election of First Financial president and CEO Claude Davis to the board of directors of the Federal Reserve Bank of Cleveland. The Federal Reserve Bank has a nine-member board of directors. Mr. Davis was elected to the board by Federal Reserve member banks.
“It’s an honor to join the Federal Reserve Bank of Cleveland’s Board of Directors,” said Claude Davis, First Financial’s president and CEO. “I look forward to working with area bankers and business leaders to oversee the operations of the Cleveland Fed and to provide input on local business conditions.”
The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., comprise the Federal Reserve System. As the nation’s central bank, the Federal Reserve System formulates U.S. monetary policy, supervises banks and bank holding companies, and provides payment services to financial institutions and to the U.S. government.
Davis joined First Financial in 2004 as president and CEO and has helped lead the bank’s successful expansion efforts in Ohio, Indiana and Kentucky. First Financial currently operates 122 banking centers across its footprint and this year, the bank will celebrate its 150th anniversary.
About First Financial Bancorp
First Financial Bancorp is a Cincinnati, Ohio based bank holding company. As of September 30, 2012, the Company had $6.2 billion in assets, $3.9 billion in loans, $4.9 billion in deposits and $716 million in shareholders’ equity. The Company’s subsidiary, First Financial Bank, N.A., founded in 1863, provides banking and financial services products through its three lines of business: commercial, retail and wealth management. The commercial and retail units provide traditional banking services to business and consumer clients. First Financial Wealth Management provides wealth planning, portfolio management, trust and estate, brokerage and retirement plan services and had approximately $2.4 billion in assets under management as of September 30, 2012. The Company’s strategic operating markets are located in Ohio, Indiana and Kentucky where it operates 122 banking centers. Additional information about the Company, including its products, services and banking locations is available at www.bankatfirst.com.