News and Updates

CSB To Host Economic Luncheon in Findlay

FINDLAY—Noted economist Dr. Ken Mayland will offer his insights into the nation’s economy at a luncheon March 10 at the Findlay Country Club.  The event is sponsored by Commercial Savings Bank.

Mayland’s topic of discussion is “What Makes America the Best Place to be in 2015”. The event will take place from 11:30 a.m. to 1 p.m.   Prior to Mayland’s presentation, Anthony Iriti, Director of Findlay-Hancock County Economic Development, will give an update on the local economy.   The Findlay-Hancock County Chamber of Commerce is helping to coordinate the event.

Mayland is president of ClearView Economics, LLC, a firm that specializes in economic research and forecasting. Previously, Mayland was chief economist for two major financial institutions.  He graduated with degrees in economics from MIT (undergraduate) and the University of Pennsylvania (M.A. and Ph.D.).  Mayland has spent more than 38 years studying the business cycle and providing economic analyses.

Mayland is a member of the Blue Chip Economic Forecasters and Financial Forecasts survey panels, and several wire service and newspaper survey panels.  He has been a past member of the Economic Advisory Committee for the State of Ohio under various governors, and he has held several leadership positions with the National Association for Business Economics.

Seating for this event is limited.   Reservations should be made via the Chamber of Commerce at or registering online at, selecting events and registration.   Phone reservations should be made to 419-422-3313.

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.

Mobile Banking App Available

CSB’s Mobile Banking App allows you to bank on the go no matter your location! Download the app for free and have secure access to manage your bank accounts.

To download the app to your iPhone® visit Apple iTunes. To download the app to your Android™ phone visit the Google Play Store.

After downloading the free app, customers can use their online banking login information to:

* Check Balances
* Pay Bills
* Transfer Money
* Text Alerts
* Locate CSB Banking Centers & ATMS

No smart phone? Ask a CSB representative how mobile banking still works for your phone via texting features.

* Must be an online banking customer. Online customers must first set up transfer and bill pay accounts prior to using these features. Fees may apply for use of a device’s GPS system to locate banking centers and ATMs. Contact your carrier for details.


Letter From CSB President Bob Beach

Dear Commercial Savings Bank Customers,

As you may have heard, we are in the process of selling our building located at 201 East Lincoln Street in Findlay. Does this mean we are cutting our services to Findlay, letting employees go or phasing ourselves out of the Findlay market?

Absolutely not! In fact, just the opposite is happening. We believe your banking experience will be enhanced by giving you access to all of our products, services and expert staff located in one central location at 1660 E. Tiffin Avenue.

Much has changed in the banking industry since we opened our doors in Findlay in 1992. There have been numerous changes in products and technology and having a centralized branch where we can take care of all of our customers’ needs with all our staff under one roof just makes sense. Our recently remodeled Tiffin Avenue facility is equipped to handle all of your banking needs and includes ample parking, night depository and ATM services.

Our biggest asset continues to be our people. We will always provide the Simply Better customer service that you have come to expect from our community bank. We will continue to make sound financial decisions and make these decisions locally. Commercial Savings Bank takes its role in the Findlay community seriously and will remain a strong partner with local community and civic organizations who make our neighborhoods a better place to live.

This move allows us the opportunity to explore future growth, not only in Findlay, but beyond. We’re not going anywhere Findlay. This move makes us stronger and ready to grow and serve you in the best way possible.


Robert E Beach,
President and Chief Executive Officer

CSB Expands To Central Location

FINDLAY—As a way to enhance its services in the most efficient way possible, Commercial Savings Bank is consolidating its existing Findlay locations to a central branch at 1660 East Tiffin Avenue.

The move will enhance efficient delivery of all products and services—both business and personal–and permit all staff to be housed in one location.   The 201 East Lincoln Street branch is expected to cease operation in early spring and all existing customer accounts will then be handled from the Tiffin Avenue location.

According to Robert Beach, President and CEO, the existing Tiffin Avenue branch is centrally located in Findlay, has ample parking, provides ATM service and will be easy for customers to access.

“A lot has changed in the banking industry since we opened the doors at the Lincoln Street branch in 2000.  There have been numerous changes in technology and product delivery,” Beach said. “The central location increases efficient delivery of products and services for our customers.

“We remain totally committed to our customers in Findlay.  We will continue to provide the Simply Better service our customers have come to expect,” Beach said.

CSB, which started serving the Findlay area in 1992, is selling the Lincoln Street building to The State Bank and Trust Company.  The agreement is subject to both parties obtaining regulatory approval and meeting other conditions related to the property.   It is anticipated the transaction will close early in 2015.




CSB Is Drop Off for Red Cross Holiday Care Package Items

The American Red Cross is collecting items that bring back big memories for our brave service members.  These items will be distributed to Kuwait and Djibouti.  Care packages will be assembled and sent to our service members to show we appreciate their service and sacrifice and to bring them a little comfort from home.

Items may be dropped off at Commercial Savings Bank branches in Upper Sandusky and Carey by Friday, November 14.

Items needed include:

  • beef/turkey jerky (no pork)
  • body wash/conditioner/shampoo
  • chips/nuts/pretzels/sunflower seeds/crackers/cheese spreads (individual, snack or travel size please)
  • dental floss/mouth wash
  • deodorant
  • foot lotion/powder
  • granola/Nutra grain bars
  • hand sanitizer
  • hard candy
  • lip balm
  • phone cards
  • shaving cream/razors/refills
  • sunscreen
  • sweet snacks/cookies

CSB Collecting Coats for Christmas

Commercial Savings Bank is again participating in the Coats for Christmas campaign sponsored by Clear Channel, Marion.     There are collection boxes for gently used winter outerwear located at our branches in Marion, Upper Sandusky and Carey.

Jamesway (Marion) Banking Center Manager Steve Hensel adds a donation to the Coats for Christmas box at his

Jamesway (Marion) Banking Center Manager Steve Hensel adds a donation to the Coats for Christmas box at his

Coats will be collected until November 21. After collection, Kimmel Cleaners is volunteering its services to clean all the outerwear.  Hill Equipment is furnishing trailers for storage of the items until they are distributed on Saturday, Dec. 13th at Tri-Rivers in Marion, St. Peters in Upper Sandusky and AMVET’s Post #27 in Bucyrus.

Thank you for helping us collect coats for the less fortunate this winter season.


Wyandot County Fair Winners

Another Wyandot County Fair is in the books!  Thank you to everyone who stopped by our booth at the fair to sign up or ask about our products.

SARAH_FAIR.jpCongratulations to Trish Hawk who was the winner of our coin guess jar at the fair. Trish missed by only ONE CENT. There was $94.77 in the jar and Trish guessed $94.76!

Daily winners were: Cheryl Lyon, Rebecca Wilson, Jim Musgrave, Jared Case, Jessica Beck and Laura Woodard.

Third Quarter Dividend

On August 14, 2014, the Board of Directors of Commercial Bancshares, Inc. declared a third quarter dividend of $0.19 per share payable on September 30, 2014 to shareholders of record as of September 15, 2014. This dividend rate represents an increase of 15.15% from the Company’s second quarter dividend. President Bob Beach stated “We are pleased to be able to provide this additional value for our shareholders.”

Commercial Bancshares, Inc. offers direct deposit of dividends. For more information, please contact Registrar and Transfer Company, the Company’s transfer agent at (800-368-5948). For more information on the Company’s stock, or to make an additional investment, please contact Boenning & Scattergood at (866-326-8113), or your local broker.

Commercial Bancshares, Inc. is headquartered in Upper Sandusky, Ohio with total assets of approximately $327 million and total shareholder’s equity of approximately $33 million as of June 30, 2014. 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

Arlington Branch Celebrates 5th Anniversary

ARLINGTON–The Commercial Savings Branch in Arlington celebrated its five-year anniversary recently with a customer appreciation day.

csbIpad_Winner_01“It’s hard to believe it’s been five years,” said VP/Banking Center Manager Beth Waltermire.  “The Arlington community has been so great and welcomed us.  Arlington is such a great community with wonderful people.  We are happy to be a part of it and lend a helping hand whenever we can.”

Refreshments were served all day including donuts and coffee in the morning and sub sandwiches for lunch.  Thanks to all who stopped in to say hello.

Dennis Branan was the big winner of the day.  His name was selected from the entries for our iPad Mini giveaway.