CNB History
CNB Strategic Philosophy
CNB Mission
CNB Vision
CNB Values
Consumers National Bank History
A dedicated group of businessmen from Minerva, Ohio worked tirelessly to realize their dream for an independent, community-focused bank. On August 30, 1965, the Office of the Comptroller of the Currency granted a charter to Minerva National Bank. With five employees and assets of $300,000, the bank’s first branch and corporate offices were opened on September 7, 1965 in Minerva. Mr. Phillip Kopp was the first President and Chairman of the Board.
As the bank grew and looked toward expansion, Minerva National Bank became Consumers National Bank in April of 1975. In July of that same year, a second branch office was opened in Salem, Ohio and in September, Romain “Bud” Fry became the President and Chairman of the Board.
Mark S. Kelly was hired as Chief Executive Officer in May of 1984. Expansion continued with the Waynesburg Office opening in December of 1986. Three years later, in October of 1989, Consumers purchased a branch office from Bank One in Hanoverton, Ohio. In October of 1991, Mark Kelly was appointed President and CEO.
A branch was opened in Carrollton, Ohio on October 17, 1994, and that same month the shareholders of Consumers National Bank approved the formation of a bank holding company to be known as Consumers Bancorp, Inc. Steady growth continued, reaching $100 million in assets in August of 1995. The Board of Directors elected Laurie L. McClellan as Chairman of the Board and introduced the Alternative Investment Program in March of 1998.
Branching picked up momentum with four branches opening between March of 1999 and March of 2001. Alliance opened their doors in March of 1999 and another branch office in Lisbon was purchased from Firstar Bank with two locations, an office in downtown Lisbon and a drive-up facility on the North side of town. In 2002, Lisbon’s two locations were combined into a newly constructed office located on Dickey Drive. On February 7, 2000, a new branch was opened in Louisville. Later that same year Consumers responded to an invitation by the local community of East Canton to open a branch there. Understanding the need to open quickly, operations began in a temporary mobile office. A permanent facility was later constructed and opened in March of 2001.
In August of 2003, Steven L. Muckley was hired as CEO of Consumers National Bank and Consumers Bancorp, Inc. and in November was appointed President and CEO. Hanoverton’s aging office was razed and a modern branch office was opened in August of 2005. Asset growth of $200 million was achieved by November of 2005. Our 10th and newest branch was constructed in Malvern and opened January 9, 2006.
Ralph J. Lober II was named President & CEO of Consumers Bancorp, Inc. and Consumers National Bank on September 19, 2008. By June 2009, the Bank had 108 dedicated employees and reached $250 million in assets.
As the bank has grown over the years we have not strayed far from our roots. The mission today is consistent with the message of our founders. We are proud of our heritage and are pleased to share the bank’s strategic philosophy, mission and vision with you.
We support a community-based banking model, with the unique ability for fast, flexible service. Whether the customer is walking into a branch or accessing electronic banking; we are striving to build lifetime relationships and superior shareholder returns.
The bank values our staff and leads employee development, encouraging continuing education and offering opportunities for advancement within the company. When a customer enters one of our branches or interacts with a Consumers National Bank associate, it is our goal to have them handled by professionals who possess the skills to exceed that customer’s expectations while attending to their financial needs.
The bank continues to look for better and more efficient ways to operate, safeguard information and offer flawless delivery to our customers. Although we recognize that we cannot be everything to everyone, today’s technology, coupled with the experience and commitment of our employees, allows us to offer competitive financial services, meeting the needs of a broad range of customers.
The bank looks to controlled, steady growth in markets similar to those we currently serve, in both geographic and demographic profiles. We will look for opportunities to generate additional dollars to the bottom line by enhancing core product offerings and adding services outside traditional bank offerings. We strive to provide our customers with accessibility to their banking through personal contact or state-of-the-art technology.
Mission Statement
Consumers National Bank is “Committed to Building Lifetime Relationships.” As a community-based banking company, our primary goal is to support the communities in which we do business, invest in those who invest in the community, and become a provider of markets left underserved by larger, regional banks by offering products and services that provide value through each stage of our customers’ lives.
Vision
· Grow as an Independent Community Bank
· Offer Comprehensive Financial Services
· Attend to Customer Needs
· Lead Employee Development
· Sustain Superior Shareholder Returns
Values
· Teamwork – We use teamwork to accomplish goals, focused on the greater good of the bank.
· Respect – We show respect in our dealings with both our internal and external customer.
· Ownership – We take ownership of our actions in fulfilling our obligations to the company and the customer.
· Pride – We display pride in ourselves, in our organization and our communities.
· Integrity – We understand the importance of integrity in all aspects of our operations.
· Communication – We stress positive communication within the bank and with the public.
· Service – We offer service that exceeds expectations.
