Consumers National Bank Gains Approval To Open New Branch In Massillon
Minerva, Ohio–Consumers National Bank announced today that it has received approval from the Office of the Comptroller of the Currency (OCC) for its application to operate a new full-service branch office in Massillon, Ohio. The approval marks the bank’s ninth branch in Stark County and 22nd in the bank’s six county network. Consumers National Bank anticipates that banking operations at the new Massillon office will begin in the fall of 2024.
Consumers National Bank was established by local business people in Minerva, Ohio, in 1965. Since that time, the bank has expanded beyond Stark to Carroll, Columbiana, Jefferson, Summit, and Mahoning counties bringing its philosophy of community banking and knowledgeable, personalized service to these markets.
Consumers Bank, now at $1 billion in assets, is the largest Stark County headquartered bank. The bank’s 2023 deposit growth of 7.76% has brought its share of the Stark County market to 4.48%, ranking it sixth among the 16 banks operating in the county.
“Consumers National Bank has grown primarily by investing back into the communities in which we do business. In the community bank model, local depositors support our local lending and community investments and customers have access to local decision making and state-of-the-art technology. We believe that the Massillon community will welcome the kind of personalized consultive service that we provide. We will have local in-market commercial, mortgage and consumer lenders and offer all the personal and business banking products, services, and technology that customers expect from their financial partners. It is a win-win for Consumers National Bank and the community,” said Lober.
The new location will bring approximately five full and part-time jobs to the area, including a branch relationship manager and relationship bankers. In addition to offices for branch relationship officers, mortgage loan originators, business bankers, and wealth management partners, the 2,800 square foot facility will include a traditional bank lobby, two drive-up teller lanes, night depository, and a drive-up ATM.
“We look forward to building new personal and business banking relationships from our Massillon branch and to making a difference in the community,” said Lober.