First Place Financial Corp., Of Warren, Ohio, Gets OTS C&Ds

``On July 13, 2011, First Place Financial Corp. (the "Company") issued a press release announcing that the Company and First Place Bank, the Company's wholly-owned subsidiary (the "Bank") have each consented to a Cease and Desist Order (collectively, the "Orders") issued by the Office of Thrift Supervision (the "OTS"). The Orders, which became effective on July 13, 2011, replace the separate Supervisory Agreements that the Company and the Bank entered into with the OTS on March 1, 2011. Those Supervisory Agreements were included in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission ("SEC") on March 3, 2011. ''

According to their website, ``First Place Financial Corp. is a $3.2 billion financial services holding company based in Warren, Ohio. First Place Financial Corp. operates 43 retail and ATM locations, 2 business financial service centers and 23 lending centers throughout the Midwest. Additional affiliates include First Place Insurance Agency and TitleWorks Agency, LLC.''