The Lorain National Bank was a bank headquartered in Lorain, Ohio.
[2][1] In February 2005, Daniel Klimas became president & chief executive officer of the bank.
[3][4][5] In 2007, the bank acquired Morgan Bancorp for $26.5 million in cash and stock.
[6] In December 2008, the bank received a $25.2 million investment from the United States Department of the Treasury as part of the Troubled Asset Relief Program.
[3][7] The bank remained under partial government ownership until 2012.