Employees now control Old Fort Banking Co. | Advertiser-Tribune Controlling interest in The Old Fort Banking Co. now is owned by the bank's employees. The employee stock ownership plan, or ESOP, transaction was approved Dec. 22 by the Federal Reserve Bank of Cleveland and announced Friday. "We're very excited about it. It's a great opportunity for the employees," said Denise Martin, marketing manager and 36-year bank employee. "It's kind of unheard of in the marketplace. It's pretty historic for us to have part ownership in the bank, controlling ownership.

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Employees now control Old Fort Banking Co.