First Financial Bancorp (FFBC)

Overview

First Financial Bancorp., established in 1863 and headquartered in Cincinnati, Ohio, operates as a bank holding company primarily serving the regions of Ohio, Indiana, Kentucky, and Illinois through its subsidiary, First Financial Bank. The institution focuses on offering a plethora of commercial banking and related services catering to the needs of individuals and businesses alike. Emphasizing a strong commitment to community and financial well-being, First Financial Bancorp. integrates traditional banking services with modern financial solutions to foster economic growth and stability within its operational footprint.

Products and Services

The array of financial solutions provided by First Financial Bancorp. encompasses a wide range of banking and financing options designed to meet the diverse needs of its clientele, which includes both personal and business customers.

• Deposit Accounts - Includes checking, savings, and money-market accounts alongside various deposit products such as interest-bearing and non-interest-bearing accounts, and time deposits. These offerings are tailored to encourage savings and facilitate daily financial operations for both individuals and businesses.
• Cash Management Services - Tailored for commercial customers, these services assist in optimizing cash flow, managing liquidity and maximizing the returns on investments through efficient handling of payables and receivables.
• Real Estate Loans - The bank provides financing secured by residential property, including loans for one to four family residential housing units, as well as for commercial properties like apartments, shopping centers, and office buildings. This service is intended for both owner-occupied properties and investor income-producing real estate.
• Commercial and Industrial Loans - Offers a variety of lending products for commercial enterprises for purposes such as inventory purchase, receivables financing, and equipment acquisition. Additionally, it includes equipment and leasehold improvement financing specifically designed for franchisees.
• Consumer Loans - Includes a range of loan products for personal use, such as new and used vehicle loans, second mortgages on residential properties, unsecured loans, and home equity lines of credit, offering customers options to finance their personal needs.
• Commercial Financing to Specialized Industries - Provides targeted financial solutions to the insurance industry, registered investment advisors, certified public accountants, indirect auto finance companies, and restaurant franchisees, highlighting the bank's ability to tailor its offerings to niche markets.
• Trust and Wealth Management Services - Covers a spectrum of services aimed at helping individuals and businesses manage their assets, plan for the future, and navigate the complexities of estate planning and investment management.
• Lease and Equipment Financing Services - Offers leasing and financial services to clients needing assistance in acquiring equipment or financing leasehold improvements, facilitating business operations and growth.
• Advisory Products - Includes currency payments, foreign exchange hedging, and other financial advisory products designed to support businesses in managing international transactions and minimizing risks associated with currency fluctuations.