Officer, SVP and Treasurer
CAMBRIDGE, Ohio--(BUSINESS WIRE)--June 08, 2007
Camco Financial Corporation (Nasdaq:CAFI)("Camco") parent company
of Advantage Bank announced the appointment of Eric S. Nadeau to the
position of Chief Financial Officer, Senior Vice President and
Treasurer. Mr. Nadeau has been employed with Camco since February,
2006 as a Vice President responsible for finance and treasury
functions. Previous to his employment with Camco, Nadeau had been the
Chief Financial Officer, SVP and Treasurer of Ohio Legacy Corp.
(Nasdaq:OLCB). Other previous experience includes positions at several
public companies in Ohio, as well as managing Audit, Tax and
Consulting services while employed at Crowe Chizek and Company, LLC.
Mr. Nadeau is a licensed CPA, a member of the Ohio Society of CPA's,
the AICPA and the Financial Managers Society.
Chairman, President & CEO Richard C. Baylor commented, "Part of
management's responsibility is anticipating key position evolution. We
were fortunate to bring Mr. Nadeau to our company about one and
one-half years ago and his talents, enthusiasm and sense of urgency
are exactly the characteristics we desire in our company's leadership.
We prefer to promote individuals from within our company whenever
possible, providing for leadership continuity."
Mr. Nadeau will assume the Chief Financial Officer, Senior Vice
President & Treasurer position on July 7, 2007.
Camco Financial Corporation, holding company of Advantage Bank, is
a multi-state financial services holding company headquartered in
Cambridge, Ohio. Advantage Bank and its affiliates offer community
banking that includes commercial, business and consumer financial
services, internet banking and title insurance services from 31
offices in 22 communities in Ohio, Kentucky and West Virginia.
The words or phrases "will likely result," "are expected to,"
"will continue," "is anticipated," "estimate," "project" or similar
expressions are intended to identify "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of
1995. Such statements are subject to certain risks and uncertainties
including changes in economic conditions in the Company's market area,
changes in policies by regulatory agencies, fluctuations in interest
rates, demands for loans in the Company's market area and competition,
that could cause actual results to differ materially from historical
earnings and those presently anticipated or projected. The Company
wishes to caution readers not to place undue reliance on any such
forward-looking statements, which speak only as of the date made. The
Company does not undertake, and specifically disclaims any obligation,
to publicly release the result of any revisions that may be made to
any forward-looking statements to reflect events or circumstances
after the date of such statements or to reflect the occurrence of
anticipated or unanticipated events.
Camco Financial Corporation
Richard C. Baylor, 740-435-2040
Chairman, President & CEO
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