News and Updates

Jeff Stratton new Findlay VP/Business Development Officer

FINDLAY – Jeff Stratton has joined Commercial Savings Bank in Findlay as VP/Business Development Officer.

A Bluffton native, Stratton has nearly 10 years of banking experience in the area, with eight of those years spent in commercial lending.   He is a graduate of Bluffton High School and earned his bachelor’s degree in finance from Miami University.

Jeff_Websize-1“I worked for my family’s business (Stratton Greenhouse) for most of my life,” he said. “ I have been on the other side of the desk as the business person working with a banker.   I think that gives me a unique perspective as a commercial lender.”

Stratton and his wife, a high school math teacher, live in Bluffton. They have two children and are expecting their third before year’s end.   He is active in both the Bluffton and Findlay area teaching Sunday school at his church in Bluffton, and being a member of Rotary Club, treasurer for Hancock Youth Leadership Alumni Association and on the board of the Children’s Museum in Findlay.

Stratton is looking forward to working with CSB clients.

“In the Findlay market there is a little bit of everything—big and small clients.   It’s ‘mom and pop’ business meets big industrial clients,” he said. “People are always wanting to do something new and that’s fun.   Findlay is still a small enough town that it matters how well you do your job and that is important to me as well.”

Stratton can be reached at the 1660 Tiffin Avenue branch in Findlay, by calling 419-423-3057 or emailing

Established in 1920, Commercial Savings Bank operates offices in Findlay, Carey, Upper Sandusky, Harpster, Marion, Arlington, and Worthington (Loan Production Office). Commercial Savings Bank is a subsidiary of Commercial Bancshares, Inc. For more information on our stock or to purchase stock in Commercial Bancshares, Inc., please contact Tom Dooley of Boenning & Scattergood at 866-326-8113, or your local broker.

Commercial Bancshares Trading on OTCQX Best Market

UPPER SANDUSKY — Commercial Bancshares is now qualified to trade on the OTCQX Best Market.

The announcement was made by OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial markets.  Commercial Bancshares is the holding company for Commercial Savings Bank.

Commercial Bancshares began trading November 20, 2015, on OTCQX under the symbol “CMOH.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on

“Commercial Savings Bank has been serving the financial needs of residents and businesses in northwest Ohio for nearly 100 years with a warm, community-first approach,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “We are pleased to welcome the company to the OTCQX market where it will trade among other well-managed, shareholder-friendly financial institutions.”

Commercial Savings Bank President & CEO Robert Beach echoed Paltrowitz’s sentiments.

” We are excited Commercial Bancshares will now be traded on the OTCQX Best Market,” Beach said.  “With our long history and continued commitment to our communities, investors can be confident in our products and services.”

Boenning & Scattergood, Inc. serves as Commercial Bancshares’ Corporate Broker on OTCQX.

Established in 1920, Commercial Savings Bank operates offices in Findlay, Carey, Upper Sandusky, Harpster, Marion, Arlington, and Worthington (Loan Production Office).

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial markets for 10,000 U.S. and global securities. Through OTC Link® ATS, the company can directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities.  OTC Market Groups organizes these securities into markets to inform investors of opportunities and risks: the OTCQX® Best Market; the OTCQB® Venture Market; and the OTC Pink® Open Market.

OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.

CSB Participating in Coats for Christmas Campaign

We are happy to again be a collection point for the Coats for Christmas campaign conducted by iHeartMedia in Marion.

Collection boxes for gently used winter outerwear will be located at our two branches in Marion as well as the Upper Sandusky and Carey locations.

Kimmel Cleaners will again be donating their services to clean all the donations and WMS is furnishing trailers for storage of items. Tri-Rivers in Marion, St. Peters in Upper Sandusky and AMVET’s Post #27 in Bucyrus are donating their facilities to display the cleaned, pre-owned coats on distribution day, Saturday, December 12.

Commercial Savings Bank will be collecting winter outerwear from Oct. 12-Nov. 20.   Thank you for your help with this community project.

Ohio based Commercial Bancshares Inc. announces 32% dividend increase and share repurchase plan

UPPER SANDUSKY — Commercial Bancshares Inc.’s  (OTCQB: CMOH) Board of Directors declared an increase in its common stock cash dividend to $.25 per share on the Company’s outstanding shares of common stock and authorized a share repurchase plan of 59,000 shares, or 4.92% of shares outstanding. This new dividend level represents a 31.58% increase over the previous quarterly cash dividend level of $.19 per common share.

The share repurchase plan authorized by the Commercial Bancshares Inc. Board of Directors will be in effect through July 31, 2016. CMOH intends to repurchase its common shares through the open market or in privately negotiated transactions and repurchased shares will be held as treasury stock by the Company.

“Today’s announcement marks the fifth straight year of a cash dividend increase at Commercial Bancshares and reflects the Board’s and Senior Management’s confidence in our strategy and performance outlook,” said Robert E. Beach, Commercial Bancshares Inc.’s President and Chief Executive. “The increase in our dividend, along with the announced share repurchase plan, demonstrates our confidence in executing our business plan and reflects our ongoing commitment to prudent utilization of our capital base while delivering long-term value to our shareholders.”

Commercial Bancshares, Inc. is headquartered in Upper Sandusky, Ohio with total assets of approximately $326.4 million and total shareholder’s equity of approximately $35.5 million as of June 30, 2015.  The common stock of the Company is not listed on any stock exchange. While there is no established public trading market for the Company’s common stock, its shares are currently quoted in the inter-dealer quotation (or “over-the-counter”) marketplace using the trading symbol “CMOH.” The Company’s stock trades principally on the OTCQB, which is operated by OTC Markets Group, Inc. (formerly OTC Markets, Inc.) Trading on the OTCQB is limited to companies that report financial information with the SEC or a U.S. banking regulator. However, there are no financial or qualitative standards for quotation in this tier.

Certain statements contained herein are not based on historical facts and are “forward-looking statements” within the meaning of Section 21A of the Securities Exchange Act of 1934.  Forward-looking statements, which are based on various assumptions (some of which are beyond the Company’s control), may be identified by reference to a future period or periods, or by the use of forward-looking terminology, such as “may,” “will,” “believe,” “expect,” “estimate,” “anticipate,” “continue,” or similar terms or variations on those terms, or the negative of these terms.  Actual results could differ materially from those set forth in forward-looking statements due to a variety of factors, including, but not limited to, those related to the economic environment, particularly in the market areas in which the company operates, competitive products and pricing, fiscal and monetary policies of the U.S. Government, changes in government regulations affecting financial institutions, including regulatory fees and capital requirements, changes in prevailing interest rates, acquisitions and the integration of acquired businesses, credit risk management, asset/liability management, changes in the financial and securities markets, including changes with respect to the market value of our financial  assets, and the availability of and costs associated with sources of liquidity.  The Company undertakes no obligation to update or carry forward-looking statements, whether as a result of new information, future events or otherwise.

CSB Receives “Proudly We Hail Award”

photoCommercial Savings Bank recently received the “Proudly We Hail Award” from the Findlay Exchange Club.   The award is present to a private residence or business that proudly displays the flag and does so properly. Pictured are (left to right) Vice President/Findlay Branch Manager Beth Waddell and Mortgage Processor Ann Tong. Thank you Findlay Exchange Club!

Community Banking Month–Meet Patricia Stover

patstoverPat is a customer service representative in Findlay. She has been with our company for many years and is retiring at the end of May. We will miss her, but wish Pat all the best! “My 25 years of service has been rewarding to me. I have enjoyed being part of a small community bank. Customer service is a a priority and receiving the reward given to you when resolving a customer’s problem. Commercial Savings Bank is Simply Better.”

Community Banking Month–Meet Jackie Jackson

JackieJacksonJackie is teller supervisor at the Jamesway office and has been employed by CSB since November 2008. “I enjoy community banking because of its personal atmosphere. You really get to know the people you work with from Bob Beach, the bank president, to the back office staff, all on a personal level. Everyone works together as a team with the same common goal of always putting our customer first, providing excellent customer service and building customer relationships. I feel it is a privilege to work for such an awesome company.”

Community Banking Month–Meet Kellie Adkins

kellieadkinsKellie has been a part-time teller at the Barks Road Marion branch since April 2013. “CSB has such a friendly and welcoming atmosphere to not only the staff, but our customers as well. I love that we are able to be more personable with our customers and support the community we live in.”

Community Banking Month–Meet Lauren Kelly

LaurenKellyLauren has been a part-time teller at the Jamesway office since August 2014. “CSB has been a great bank to work for and I thoroughly enjoy working with my team at the Jamesway branch. The best part about working for CSB is getting to know each and every customer to make them feel welcomed.”

Community Banking Month–Meet Pooja Soni

PoojaFindlay Customer Service Manager Pooja Soni has been with CSB for nine years. “There are many reasons why I love my job. I love being a part of a small community bank that makes a difference in Findlay. I love the phenomenal team of Findlay employees and truly believe ‘Great people attract great people!’ And that is why Commercial Savings Bank is Simply Better!”