Our News

First Mutual Holding Co. Member Bank Warsaw Federal Transitions to a Minority Depository Institution

Warsaw Federal Savings & Loan (Warsaw Federal), an independent mutual bank affiliated with First Mutual Holding Co., has served the residents and community of East Price Hill for 130 years. Now, the community bank is hitting a new milestone: becoming Cincinnati’s first Minority Depository Institution (MDI).

First Mutual Holding Co. Appoints Rafael Alfonzo to Board of Directors

First Mutual Holding Co. (FMHC), a member-owned holding company headquartered in Ohio, announces the appointment of Rafael Alfonzo to its board of directors. Rafael is the cofounder and managing partner of Radien Legacy Partners, an investment group that acquires, manages, and grows small businesses to preserve the businesses’ legacies for all stakeholders.

FMHC Names Andy Shook as New CFO

First Mutual Holding Co. (FMHC) promoted Andy Shook to Chief Financial Officer (CFO) for the member-owned holding company headquartered in Ohio. Shook will lead the collective efforts of the company’s accounting and financial management teams, reporting directly to FMHC CEO Thomas J. Fraser.

Martinsville First Savings Bank Completes Affiliation with First Mutual Holding Co.

Martinsville First Savings Bank (“Martinsville First”) of Martinsville, Virginia, finalized its affiliation with First Mutual Holding Co. (FMHC), a member-owned holding company headquartered in Ohio, with the successful completion of the operational conversion on October 18, 2021.

First Mutual Holding Co. Announces Kathy Dockery as Chief Information Officer

First Mutual Holding Co. (FMHC), a member-owned holding company headquartered in Ohio, welcomes Kathy Dockery as SVP, Chief Information Officer. In her role, Kathy leads the enterprise IT division, including IT service delivery, enterprise systems, business intelligence and digital strategy.

Martinsville First Savings Bank Affiliates with First Mutual Holding Co.

Martinsville First Savings Bank (Martinsville First) of Martinsville, Virginia officially became the fifth affiliate bank of First Mutual Holding Co. (FMHC) with the transaction close on March 1, 2021. FMHC, a depositor-owned mutual holding company headquartered in Ohio, and Martinsville First announced the intent to affiliate in September 2020.

Tammy Belcher Named President of First Mutual Bank

First Mutual Bank (FMB), an independent depositor-owned bank affiliated with First Mutual Holding Co. (FMHC), announces the appointment of Tammy Belcher as President. Belcher, a longtime Mid Ohio Valley resident and veteran banking professional, will assume her new role on January 4, 2021.

Blue Grass Federal Completes Affiliation with First Mutual Holding Co.

Blue Grass Federal Savings & Loan Association (“Blue Grass Federal”) of Paris, Kentucky, is officially an affiliate of First Mutual Holding Co. (FMHC), a depositor-owned holding company headquartered in Ohio. Blue Grass Federal and FMHC previously announced the intention to form an affiliate relationship pending member and regulatory approval.

Martinsville First Savings Bank to Affiliate with First Mutual Holding Co.

First Mutual Holding Co. (“FMHC”), a member-owned holding company headquartered in Ohio, today announced that Martinsville First Savings Bank (“Martinsville First”) of Martinsville, Virginia, agreed to affiliate with FMHC, pending approval of regulatory agencies and of voting members of Martinsville First.

Warsaw Federal Completes Affiliation with First Mutual Holding Co.

Warsaw Federal Savings and Loan Association (“Warsaw Federal”) of Cincinnati, Ohio is officially an affiliate of First Mutual Holding Co. (FMHC), a depositor-owned holding company headquartered in Ohio. Warsaw Federal and FMHC previously announced the intention to form an affiliate relationship pending member and regulatory approval.

Warsaw Federal to Affiliate with First Mutual Holding Co.

First Mutual Holding Co. (FMHC), a member-owned holding company headquartered in Ohio, today announced that Warsaw Federal Savings and Loan Association (“Warsaw Federal”) of Cincinnati, Ohio, agreed to affiliate with FMHC, pending approval of regulatory agencies and Warsaw Federal members.

Blue Grass Federal to Affiliate with First Mutual Holding Co.

First Mutual Holding Co. (FMHC), a member-owned holding company headquartered in Ohio, today announced that Blue Grass Federal Savings & Loan Association (“Blue Grass Federal”) of Paris, Kentucky, agreed to affiliate with FMHC, pending approval of regulatory agencies and of voting members of Blue Grass Federal.

First Mutual Holding Co. Names Margaret Wichman New Chief Financial Officer

First Mutual Holding Co. welcomes Margaret Wichman as the new SVP, Chief Financial Officer & Treasurer. In this role, Margaret brings her expertise in providing direction and management in accounting, financial compliance, and reporting, along with support towards the overall strategic imperatives and mutuality mission of First Mutual Holding Co. and the banks it serves.

Two Community Banks Merge and Become First Mutual Bank

First Mutual Holding Co. (“FMHC”), the largest member –owned mutual holding company of its kind in the Midwest, today announced the launch of First Mutual Bank, a result of the merger between Doolin Security Savings Bank, FSB (“Doolin”) and Belpre Savings Bank (“Belpre”).

Doolin Security Savings Bank to Affiliate with First Mutual Holding Co.

First Mutual Holding Co. (“FMHC”), the largest member –owned mutual holding company of its kind in the Midwest, today announced that Doolin Security Savings Bank, FSB (“Doolin”) agreed to affiliate with FMHC, pending approval of regulatory agencies and of voting members of Doolin.

First Mutual Holding Co. Affiliates Belpre Savings Bank

First Mutual Holding Company (FMHC), the largest depositor-owned mutual holding company of its kind in the Midwest, today announced that it has affiliated Belpre Savings Bank.

First Mutual Holding Co. Announces First Affiliation

First Mutual Holding Co. (FMHC), the largest depositor-owned mutual holding company of its kind in the Midwest, announced today that Belpre Savings Bank in southeastern Ohio will become an affiliate bank of FMHC, pending approval of regulatory agencies and Belpre’s depositors and borrowers.