Consumers continues to build its base through banking services

business profile MINERVA, Ohio — Consumers National Bank provides a full line of personal and commercial loan and deposit accounts with an emphasis on small business and agricultural lending. They also offer commercial and residential mortgages.

Services

The financial advisory services include investment, retirement planning, insurance, annuities and employee retirement plan management.

Consumers also offers ag lending Internet banking and online bill payment, mobile banking, remote deposit capture, merchant credit card services and more.

Consumers customers also have free ATM access to their accounts across the country through the MoneyPass network.

Founded in 1965

Consumers was founded in 1965 by local business leaders in Minerva who wanted to create a locally owned bank.

The bank is now wholly owned by Consumers Bancorp, Inc. which is led by Chairman Laurie McClellan and 10 local businessmen who serve as directors. The bank’s stock is publicly traded under the symbol CBKM and is owned by nearly 1,000 shareholders.

In 1975, the bank expanded by opening its second branch in Salem. In the years that followed, it opened branches in Waynesburg, Hanoverton, Carrollton, Alliance, Lisbon, Louisville, East Canton, Malvern, Hartville and Jackson-Belden.

Since its inception, Consumers has grown to 121 employees and 12 locations.

Looking ahead

Over the next five years, Consumers expects to see growth created by the oil and gas activity that is strong in Consumers market area. This should lead to growth in the number of personal deposit customers and in the financial planning area as more people make investments.

Consumers also expects to assist more agriculture customers with the improvement and expansion of their operations.

Success

Consumers feels its success is a direct result of the commitment to making a difference for the customers and communities it serves. The success comes from knowing the customers, understanding the needs and being accessible to them.

Details

Consumers headquarters is located at 614 E. Lincoln Way in Minerva, Ohio. Consumers National Bank can be reached by calling 330-868-7701 or emailing cosnumersmarketing@consumersbank.com, or online at www.ConsumersBank.com.

They are open from 9 a.m.- 5 p.m. Monday-Friday and on Saturday from 9 a.m. to 1 p.m.

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