Huntington Bancshares Inc. acquired Camco Financial Corp. to increase its presence in the strong Utica shale play areas

Huntington Bancshares Inc. CEO Steve Steinour said the Columbus-based company's acquisition of Camco Financial Corp. will afford his company "yet another stake in the gas-rich Utica shale ground," Columbus Business First reports (See our Oct 15, 2013, blog post for more information). Camco is based in Cambridge in Guernsey County – a major area for the Utica shale play and a place where Huntington has no presence. Camco's asset Advantage Bank, however, "holds a market-leading $165 million in customer deposits" there. For more, read the full story.

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