First Niles Completes $3.33M Acquisition of Union Capital Mortgage

NILES, Ohio – First Niles Financial Inc. has completed its acquisition of Union Capital Mortgage Corp. in a $3.33 million transaction. First Niles, the parent company of Home Federal Savings and Loan Association of Niles, completed the cash and stock transaction Monday. Union Capital will continue to operate its mortgage banking business from its offices in Mentor, Westlake and Hudson. “We are thrilled to complete this transaction, which expands our presence in the Cleveland  m

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Published by The Business Journal, Youngstown, Ohio.