Skip to content

{beginAccordion}

2020

Old Fort Bank Encourages Community Support for Local Businesses

(TIFFIN, OH) — Local businesses make our communities a better place to live. Their earnings stay within the community and the wages they pay their employees provide the support needed for the local economy to thrive. But, during these uncertain times, many local businesses are struggling and they need our support now more than ever.  While we continue social distancing efforts, we must also come together in other ways to help our local businesses.

Old Fort Bank suggests the following ways to demonstrate support for the businesses within your community.

  1. Purchase gift cards. One way that you can instantly help a business is by purchasing a gift card. Many businesses sell gift cards on their websites, making it easy to give your favorite local stores and restaurants an immediate boost. Gift cards are also perfect for upcoming special occasions and it is never too early to get some holiday shopping done.

  2. Order takeout and delivery. Most local restaurants are offering takeout and delivery options, including online ordering. We all have to eat, so why not treat yourself to dinner from your favorite local restaurant? This will help not only the restaurant but will also provide income for delivery drivers. Have meals delivered to your family and friends for a special occasion or just to show you care.

  3. Shop local businesses online. Many local businesses have online stores in addition to their storefront locations. Visit their websites and you may even find that they are offering delivery discounts or curbside pickup options. Remember that as long as you are buying from your local community, you are helping to keep local businesses open and local jobs intact.

  4. Share on social media. If you don’t have the funds to show support financially, there are still plenty of ways to help. Share your favorite local businesses on social media and invite others to like and follow their pages. This can help remind your friends of a business they may have forgotten about or never shopped before. Your share is a vote of confidence for that business and will encourage others to patronize them as well.

  5. Leave positive reviews. Another great way to show support for your favorite local businesses is to give them a good review online. Shoppers frequently use online reviews to help them make purchasing decisions and there is no stronger marketing tool than word-of-mouth advertising. By leaving a positive review, you are encouraging others to become customers of your favorite local business.   

Established in 1916, Old Fort Banking Company has assets totaling approximately $675 million. Old Fort is a recognized leader in community banking throughout the area, and prides itself on providing prompt, professional and personal client service. The Old Fort Banking Company proudly serves Allen, Greene, Hancock, Sandusky, Seneca and Wood Counties, with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin, Sugarcreek Township and Xenia. The bank also operates a commercial loan production office in Lima. Member FDIC. Equal Housing Lender. NMLS 631428.      

Old Fort Bank Donates to Greene Giving Foundation Pandemic Relief Fund

(XENIA, OH) — The Old Fort Banking Company is pleased to announce its recent donation of $1,000 to the Greene Giving Foundation Pandemic Relief Fund, which will provide resources to local nonprofit organizations that are on the frontlines of the COVID-19 crisis. The Bank has given in excess of $20,000 specifically designated to the COVID-19 pandemic this year. 

Throughout the county, the state and the nation, the COVID-19 pandemic has created a financial strain on families, individuals, businesses and organizations. The Greene Giving Foundation Pandemic Relief Fund aims to provide assistance by disbursing funds to a variety of local organizations that need it most.

“We are pleased to provide resources that make a meaningful difference to the people who live and work in the communities in which we operate,” said Old Fort Banking Company Executive Vice President & Chief Lending Officer W. David Walton. “We have taken, and will continue to take, the steps necessary to support our clients, associates and communities during this unprecedented time.”

The Pandemic Relief Fund is available for 501(c)(3) nonprofit organizations that provide basic needs such as food, shelter, or safety services, mental health services, or address the economic impact on individuals from reduced or lost work due to COVID-19.

“The interest from the Old Fort Banking Company obviously continues a tradition of assistance for local families and individuals, and that helps to ensure the expansion and importance of philanthropy,” said Edward Marrinan, Executive Director of the Greene County Community Foundation.

Established in 1916, Old Fort Banking Company has assets totaling approximately $675 million. Old Fort is a recognized leader in community banking throughout the state, and prides itself on providing prompt, professional and personal client service. The Old Fort Banking Company proudly serves Greene, Montgomery and Warren counties, with financial centers in Sugarcreek Township and Xenia, and eight additional communities throughout Northwest Ohio. Member FDIC. Equal Housing Lender. NMLS 631428.      

OFBC, Gillmor Charitable Foundation Award Annual Scholarships

(TIFFIN, OH) — The Old Fort Banking Company and the Gillmor Charitable Foundation are proud to announce the recipients of their 2020 scholarships. 

Murissa Drown, daughter of David and Monica Kohler, is the recipient of the first annual Gillmor Foundation Scholarship in the amount of $2,500. Drown plans to attend Heidelberg University where she will play softball and major in Early Childhood Education. She is a graduate of Clyde High School, where she was a four-year letterman in softball, a percussionist in concert band, and a member of the National Honor Society, Spanish Club, Science Club, and Prepare for Success Club. She also served on the Prom Committee. 

Vincent Volpe, son of Steve and Jane Volpe, is the recipient of the Old Fort Bank Scholarship for Tiffin University, where he plans to study Cybersecurity. Vinnie is a graduate of Tiffin-Calvert High School where he played football, participated in track and field, and was a member of National Honor Society, Model UN, Drama Club and Archery Club. He was also a KAIROS leader, Pee Wee football coach and received first honors on the honor roll. 

 

 

Sydney Fortney, daughter of Paul and Kendullin Fortney, is the recipient of Old Fort Banking Company’s Heidelberg University Scholarship, where she plans to major in Music Education. Fortney is a graduate of Tiffin-Columbian High School, where she was on the swim team and participated in Marching Band, Pep Band, Jazz Band, D2 Honor Band, Choir and Choristers, and was a member of National Honor Society. Sydney also volunteered locally through her church, helping with Vacation Bible School, serving as a Voting Delegate at the Youth Annual Conference, and working as a Youth Representative on the Administrative Council. 

Nick McCracken, son of Todd and Angela McCracken, is the recipient of the Old Fort Bank Scholarship for The University of Findlay, where he will be playing soccer. Nick is a graduate of Van Buren High School, where he played soccer and basketball, participated in track and field, was on the Prom Committee and was involved with Children’s Mentoring Connection. He also volunteered locally with West Ohio Food Bank, City Mission, Habitat for Humanity and Wounded Warriors. 

Typically scholarship recipients are presented with their checks and certificates at high school award ceremonies or graduations. This year, due to COVID-19, awards were presented in person by Marketing Officer Elizabeth Riggs, who personally delivered awards to each scholarship winner, and wished them well on their future endeavors. 

The Old Fort Banking Company Scholarships were established in 1994 and have been awarded to 81 local high school students since that time. This year is the first year for the Gillmor Charitable Foundation Scholarship. 

Established in 1916, Old Fort Banking Company has assets totaling approximately $690 million. Old Fort is a recognized leader in community banking throughout the area, and prides itself on providing prompt, professional and personal client service. The Old Fort Banking Company proudly serves Allen, Greene, Hancock, Sandusky, Seneca and Wood Counties, with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin, Sugarcreek Township and Xenia. The bank also operates a commercial loan production office in Lima. Member FDIC. Equal Housing Lender. NMLS 631428.      

OFBC, Gillmor Charitable Foundation Donate $10,000 to First Call For Help

(TIFFIN, OH) — The Old Fort Banking Company and the Gillmor Charitable Foundation are proud to announce their recent donation of $10,000 to First Call for Help (FCFH), a program of Tiffin-Seneca United Way that provides an essential role in maintaining the wellbeing of the Tiffin community and Seneca County.
 
This is the Bank’s second donation to Tiffin-Seneca United Way in less than a month, after giving $10,000 to the organization’s newly-created COVID-19 Disaster Fund in early April, which is assisting members of the community who have been affected by the coronavirus pandemic.
 
“We wanted to direct resources that make a meaningful difference to the people who live and work in the communities in which we operate,” said Michael C. Spragg, President & CEO of Old Fort Banking Company, and Chairman of the Gillmor Charitable Foundation. “Knowing that FCFH is there to guide people to the appropriate services where they can find the help they need is crucial. This is especially true during these most unprecedented times.”
 
FCFH is a safety net service, offering both information and referral as well as financial services to members of the community.
 
“Its purpose is to help improve the lives of members of our community, regardless of their circumstances or social standing,” said Tiffin-Seneca United Way Executive Director Kari Steele. “Donations made to this agency will directly benefit your friends and neighbors by providing for their varied needs.”
 
“During this pandemic, we have been doing what we can to meet the needs of those most affected, by assisting with rent and utilities. Unfortunately, there are other needs confronting community members which fall outside the scope of the COVID-19 program. This generous donation is going to assist First Call For Help address some of those issues,” Steele said.
 
With a history of community giving and philanthropy, Old Fort Bank is devoted to the communities it serves, and proud to help provide assistance during these unchartered times.
 
“Long before the coronavirus began disrupting our daily lives, Old Fort Bank was already actively helping those who were the most vulnerable, and we will continue to take the steps necessary to support our clients, associates and communities,” said Spragg.
 
Established in 1916, Old Fort Banking Company has assets totaling approximately $690 million. Old Fort is a recognized leader in community banking throughout the area, and prides itself on providing prompt, professional and personal client service. The Old Fort Banking Company proudly serves Allen, Greene, Hancock, Sandusky, Seneca and Wood Counties, with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin, Sugarcreek Township and Xenia. The bank also operates a commercial loan production office in Lima. Member FDIC. Equal Housing Lender. NMLS 631428.

Old Fort Bank Processes Nearly a Year’s Worth of Commercial Loans in Six Days

(TIFFIN, OH) — As part of the COVID-19 financial relief efforts provided through the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), Old Fort Banking Company processed over a year’s worth of commercial loans, totaling roughly $85 million, in approximately six days.

The PPP, run by the SBA and the Treasury Department, initially authorized to back $349 billion in loans to companies struggling to pay employees and cover operating expenses as a result of the COVID-19 pandemic.  The understanding was that banks would take the lead in getting money to those businesses and that many of the credits ultimately could be forgiven.

The rollout of the emergency loan program was plagued by chaos as parts of the program were unclear and onerous. Concerns included a low cap rate on the loans and a two-year amortization schedule that would likely increase a borrower’s payments. Other concerns included uncertainty over conditions for loan forgiveness, the bank’s ability to sell loans in the secondary market and the need for guidance on what lenders must do to lock in a full SBA guarantee. There was little, if any structure, and too much ambiguity.

Old Fort Bank had prepared for rates as high as four percent and a possible 10-year amortization schedule, which were permitted by the stimulus package. But the SBA and Treasury Department opted to set terms and pricing well below what they were authorized to do.

The Federal Deposit Insurance Corporation (FDIC) issued a statement assuring that it would “not criticize financial institutions’ good-faith efforts to prudently use the SBA and Treasury program to work with small business borrowers affected by COVID-19.”

“We believe this was a tremendous opportunity to serve the needs of our local business communities and felt an obligation to participate in order to maintain strong client relationships, and potentially assist clients in avoiding defaults on existing loans,” said Old Fort Banking Company President & CEO Michael C. Spragg.

“It is very much a manual process and our bankers worked around the clock to provide loans through the SBA’s Paycheck Protection Program, processing over a year’s worth of commercial loans, totaling roughly $85 million in approximately six days,” said Spragg. 

Congressional leaders recently reached a deal on a second round of PPP funding, and the Senate approved the bill on Wednesday, April 22. It provides $320 billion in additional funds and the House will likely take up the bill Thursday, April 23, and up to another 24 hours may pass before the funds actually reach the SBA.

Once they do, the second round of PPP money will go quickly, but Old Fort Bank is ready to roll.

“We will continue to stand by our small business clients and do everything we can to deliver relief quickly and efficiently, saving jobs and limiting the economic damage from this unprecedented pandemic,” said Spragg. “We look forward to further serving local small businesses by participating in the second round of PPP funding.”

Established in 1916, The Old Fort Banking Company currently has assets totaling approximately $660 million, and proudly serves Allen, Greene, Hancock, Sandusky, Seneca and Wood Counties, with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin, Sugarcreek Township and Xenia.  The bank also operates a commercial loan production office in Lima.  Old Fort is a recognized leader in community banking throughout the area in assisting members of the community, including individuals, families and businesses alike.  Member FDIC.  Equal Housing Lender. NMLS 631428.      

Old Fort Banking Company Donates $10,000 to Tiffin-Seneca United Way

(TIFFIN, OH) —The Old Fort Banking Company last week donated $10,000 to the Tiffin-Seneca United Way’s newly-created COVID-19 Disaster Fund, which will assist members of the local community who have been affected by the Coronavirus pandemic.

According to Tiffin-Seneca United Way Executive Director Pat DeMonte, the fund was created specifically for those who may be experiencing loss of income, and to provide assistance for expenses such as utility bills and rent/mortgage payments, among others.

“There are going to be a lot of people who have lost their income, through no fault of their own. Whether their business is closed or they’ve had to distance themselves due to health issues – if they’ve been affected by COVID-19, then we want to help them,” said DeMonte. “We are grateful for the donation from Old Fort Bank, and will make sure it is used accountably.”

According to DeMonte, even without the pandemic, many are already in need of a little help to make ends meet, and Governor Mike DeWine’s temporary relief orders have delayed some of the calls for help that will inevitably be coming once the deadlines pass.

“People who have never asked for help, are going to find themselves in a situation, and we certainly want to be able to lift their load,” said DeMonte. “Old Fort Bank has always made a difference in everything they do. It says a lot when the community can come together like this, and everyone is helping to make a difference in people’s lives.”

The Old Fort Banking Company has a history of giving back to and supporting the communities it serves. As the Coronavirus pandemic disrupts the daily lives of those locally, and globally, the Bank is pleased to be able to assist the United Way in addressing the crucial needs of those most vulnerable in Seneca County.

“We thrive when the communities we serve are healthy, secure and prosperous,” said Old Fort Banking Company President & CEO Michael C. Spragg. “We are pleased to provide resources that make a meaningful difference to the people who live and work in the communities in which we operate. We have taken, and will continue to take, the steps necessary to support our clients, associates and communities during this unprecedented time.”

Established in 1916, The Old Fort Banking Company has assets totaling approximately $600 million, and proudly serves Allen, Greene, Hancock, Sandusky, Seneca and Wood Counties, with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin, Sugarcreek Township and Xenia.  The bank also operates a commercial loan production office in Lima.  Old Fort is a recognized leader in community banking throughout the area in assisting members of the community, including individuals, families and businesses alike.  Member FDIC.  Equal Housing Lender. NMLS 631428.      

Dr. George Kidd, Jr. to Retire from Gillmor Financial Services, Inc. and The Old Fort Banking Company 

(TIFFIN, OH) – Dr. George Kidd, Jr. is retiring as vice chairman and director of Gillmor Financial Services, Inc. (GFSI) and the Old Fort Banking Company (OFBC) after more than 30 years as a bank director. He most recently served on the bank’s Audit, Compliance and Technology Committees. Dr. Kidd also served as chairman of Old Fort’s Executive and Compensation Committees. He will officially step down on March 20, 2020.
 
“I want to express my deep appreciation for the opportunity to work with and benefit from so many talented individuals,” said Dr. Kidd. “Old Fort Bank has demonstrated great resiliency and strength over the last 30 years and I’ve never been more optimistic about its ability to serve the ever-changing needs of our community bank clients, while continuing to maintain Old Fort’s position as an industry leader.”
 
“George’s innovative thinking, deep understanding of risk, knowledge of the community banking environment; and overall business acumen have defined his legacy,” said Michael C. Spragg, chairman, president and CEO of GFSI and OFBC. “We will miss George’s intellectual insight, and we thank him for his years of dedication and board leadership.”
 
President Emeritus and Professor of Economics of Tiffin University, where he served for more than 20 years, was elected to The Old Fort Banking Company board of directors in 1989. During his tenure, Old Fort Bank grew from $73 million in assets to approximately $570 million in assets.
 
Previous positions held by Dr. Kidd include: president of Chancellor University, president of Myers University, vice president for business and finance at Mercyhurst University, administrative positions with the University of Pennsylvania, auditor of savings and loans with James T. Summers, CPA, and auditor of Girard Bank.
 
Dr. Kidd holds a bachelor’s degree in finance and a master’s degree in business administration from Drexel University, as well as a master’s degree in economic history from the University of Pennsylvania. He also received a certificate from the Institute of Educational Management at Harvard University. Honorariums include: LL.D, Baker College; DHL., Indiana Institute of Technology; D.PHL., University of Bucharest; and LL.D., Tiffin University.
 
Dr. Kidd previously served as a: president and board member for Seneca County United Way, president and board member for Tiffin Development Corporation, board member for the Seneca County Chamber of Commerce, board member for Mercy-Tiffin Hospital, president and board member for Pioneer Mill Restaurant, board member for Ohio Outdoor Advertising, Inc., and president of Friedman Village Developer.
 
Established in 1916, The Old Fort Banking Company has assets totaling approximately $570 million, and proudly serves Allen, Greene, Hancock, Sandusky, Seneca and Wood Counties, with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin, Sugarcreek Township and Xenia. The bank also operates a commercial loan production office in Lima. The employee-owned bank is a recognized leader throughout the area, and operates through a community banking model that is the foundation for local decision making, and the basis for prompt, professional and personal client service. Member FDIC. Equal Housing Lender. NMLS 631428.

Our Commitment to You During the COVID-19 Pandemic

Dear Valued Client,

The health, safety and well-being of our associates, clients and communities is at the forefront of our priorities. At the same time, we know our clients are still relying on us to keep delivering.

The Old Fort Banking Company is well-positioned to meet these objectives during this unprecedented period. We are known for our ability to adapt to fast-moving situations. And we have a deeply rooted sense of community, integrity and responsibility that is the foundation of our culture.

We have had no interruptions to the delivery of any of our products or services as a result of the COVID-19 pandemic. A portion of our associates are working remotely and where it is necessary to have staff in our financial centers, we have taken precautions to help keep them safe. We are closely monitoring developments with respect to COVID-19, including information and guidance published by healthcare authorities.

Please be assured that we have activated our well-established business continuity plans and are focused on continuing business operations through this evolving situation. Based on available information, we are being proactive regarding the health and safety of our clients, our associates and their families.

We remain committed to providing you with the same high level of service you have come to expect from us. If you find that you need extra support or have special requests to meet your needs, we are ready to help.

On behalf of all of us at The Old Fort Banking Company, we are committed to supporting you and persevering together in these challenging times. As things progress, we will continue to keep you updated.

Thank you for your business and trust in The Old Fort Banking Company. Please feel free to reach out to us with any questions. Our communities are at the heart of what we do and what we value the most.  

Sincerely, 

Michael C. Spragg
President & CEO
The Old Fort Banking Company

Important Notice: Old Fort Bank Temporarily Limiting Lobby Access

(TIFFIN, OH) —As a community bank, the safety of our associates, clients and communities has always been our top priority. Based on guidance from state and federal authorities, this Friday, March 20, 2020, we have made the decision to temporarily limit lobby access to only critical appointments.  

Please know that our financial centers will still be fully staffed to handle your banking needs via drive thru, however we also encourage our clients to utilize the following digital banking services when possible:

  • Online Banking & Bill Pay
  • Mobile Banking with Mobile Deposit
  • iTalk Telephone Banking
  • ATMs
  • eStatements

For clients with additional needs, such as new account openings, loan applications/closings, safe deposit box access, etc., we ask that you please call your local financial center directly and set up an appointment. Our Financial Center Managers will be available during normal business hours to assist. 

Since 1916, we have strived to exceed your expectations, and we will continue to do so now, during this unprecedented time. We thank you for your understanding as we do our part to minimize the spread of COVID-19 and help our communities stay healthy and strong. 

Please visit oldfortbank.com for additional resources and future updates, or follow us on Facebook @OldFortBank. 

Old Fort Banking Company Addresses Coronavirus (COVID-19)

(TIFFIN, OH) — At Old Fort Banking Company, our top priority is the health and safety of our clients and our associates. As we monitor the ongoing status of the Coronavirus (COVID-19), with new cases now identified in Ohio, we want you to know that we have decided to implement additional preventative safety measures in each of our financial centers.

In addition to routine cleaning, as a precautionary measure we have asked associates to assist with the sanitization of frequently used locations/supplies within our financial centers, including counter tops and work surfaces, door knobs and handles, phones and teller stations, lobby pens, ATM buttons and screens, and drive thru tubes, among others. 

As we monitor new developments, we are following guidelines recommended by The World Health Organization and Centers for Disease Control and Prevention. We’ve relayed these best practices to our associates, and asked that they also take preventative measures to prevent the spread of germs, such as washing hands frequently, staying home when sick, refraining from shaking hands, etc. 

It is our hope that these extra precautions may bring you peace of mind as you visit our financial centers. We will continue to closely monitor the situation, and evaluate the need for additional measures that ensure the best interests of our clients, colleagues and communities, if necessary.  

As always, we thank you for your business and appreciate you choosing Old Fort Banking Company. 

{endAccordion}

{beginAccordion}

2019

Old Fort Banking Company Employees Acquire Larger Stake In Bank Ownership

(TIFFIN, OH) —The Old Fort Banking Company is pleased to announce that is has increased its Employee Stock Ownership and 401(k) Plan to approximately 63%, after a recent application to the Federal Reserve Bank of Cleveland to retain shares and acquire additional shares.
 
The increase has resulted in a majority-controlled interest of the common stock of Gillmor Financial Services, Inc., and indirectly, majority control of The Old Fort Banking Company.
 
An ESOP is a form of employee benefit plan, similar in some ways to a profit-sharing plan. In an ESOP, a company sets up a trust fund, into which it contributes new shares of its own stock or cash to purchase existing shares. Alternatively, the ESOP can borrow money to purchase new or existing shares, with the company making cash contributions to the plan to enable it to repay the loan. Shares in the trust are allocated to individual accounts. As employees accumulate seniority with the company, they acquire an increasing right to the shares in their account, a process known as vesting.
 
“The ESOP is utilized to motivate and reward our dedicated associates by creating an additional employee benefit,” stated Michael C. Spragg, President & CEO of The Old Fort Banking Company and Gillmor Financial Services, Inc. “This is certainly an exciting time to be affiliated with Old Fort Bank. We remain extremely optimistic about our future and look forward to another successful year in 2020.”
 
The ESOP Component Trust first became a holding company in 2015, after acquiring approximately 45% of the common stock of Gillmor Financial Services, Inc. and thereby indirectly acquiring control of The Old Fort Banking Company. At the time, the bank was not aware of any holding company which was able to take its ESOP from 0% to 45% ownership in a single, integrated transaction.
 
“The ESOP provides our associates with a sense of ownership and pride, ultimately resulting in enhanced client service. They feel like they are not working for someone else, they feel like they are working for themselves,” said Mike Daniel, Chief Financial Officer. “They think more about what they can do to have a positive impact on the bottom line; about working more efficiently. The ESOP has positively influenced the way our associates view working at the bank.”
 
Today, the ESOP established by The Old Fort Banking Company has a total value of approximately $21.785 million. The plan is a retirement vehicle that doesn’t require employees to make matching contributions, unlike a 401(k), which the bank also offers its employees. Additionally, there are no taxes paid on any employee’s ESOP earnings until after the employee’s stock is bought out of the plan, either at his or her retirement or when he or she is no longer employed by the bank.
 
Established in 1916, The Old Fort Banking Company has assets totaling approximately $570 million, and proudly serves Allen, Greene, Hancock, Sandusky, Seneca and Wood Counties, with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin, Sugarcreek Township and Xenia. The bank also operates a commercial loan production office in Lima. Old Fort is a recognized leader in community banking throughout the area in assisting members of the community, including individuals, families and businesses alike. Member FDIC. Equal Housing Lender. NMLS 631428.

Michelle Palm Joins Old Fort Bank as HR Officer

(TIFFIN, OH) – Michael D. Daniel, Chief Financial and Operations Officer of The Old Fort Banking Company is pleased to announce the addition of Michelle Palm, Human Resources Officer to the Old Fort Bank.

“We are pleased to welcome Michelle to our team; she has hit the ground running and her expertise will be a significant asset as we continue to strategically grow our organization. We look forward to her continued leadership in this position,” Daniel stated.

In her role, Palm will manage the day to day human resource function including recruiting, staffing and retention; developing and implementing HR polices and procedures, training, benefits administration; labor relations, affirmative action and EEO compliance. 

With seven years of experience in the field of human resources, Palm is pleased to join Old Fort. “I am thrilled to be a part of the OFBC team. This opportunity will allow me to be an active contributor to the growth of Old Fort Bank and I look forward to the continued collaboration with the leadership team,” Palm stated.

Recently attending the University of Wisconsin’s Graduate School of Banking in HR Management she holds an Associate’s Degree, Terra Community College in Business Management and Office Administration.

An active community member, Ms. Palm’s community involvement includes, Tiffin YMCA Board of Trustees, President of Seneca County HR Association, Youth Volleyball and Softball Coach at Calvert Catholic Schools, Seneca County Manufacturing Showcase Committee, REACH Business Partner – Tiffin City Schools, Presenter at Columbian High School RISE up conference, Presenter at Vanguard Sentinel Career and Technical Center Career Day.

Established in 1916, the employee owned bank has assets totaling approximately $560 million. Old Fort operates through a community banking model that is the foundation for local decision making and provides the basis for client service that is prompt, professional and personal. Old Fort prides itself on delivering a hometown feel while providing the exemplary service clients have come to appreciate and expect. The Old Fort Banking Company proudly serves Allen, Greene, Hancock, Sandusky, Seneca and Wood Counties, with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin, Sugarcreek Township and Xenia. The bank also operates a commercial loan production office in Lima. Old Fort is a recognized leader in community banking throughout the area in assisting members of the community, including individuals, families and businesses alike. Old Fort Bank…Member FDIC. Equal Housing Lender. NMLS 631428.       

Old Fort Bank Announces New Marketing Officer, Elizabeth Riggs

(TIFFIN, OH) – Michael C. Spragg, President and CEO of The Old Fort Banking Company, is pleased to announce that Elizabeth Riggs has joined Old Fort Bank. 

“Elizabeth brings a fresh new approach to expanding our social media and digital marketing platforms.  Her creative eye and marketing strategies complement our plans for future growth and we are pleased to welcome her to our organization,” Spragg stated. 

Ms. Riggs’ role as a Marketing Officer includes social media management, direct mailings, advertising campaigns and website management. A perfect fit for OFBC, Elizabeth grew up in the Old Fort area and shares the same values, commitment and sense of community that Old Fort Bank has invested in since it first opened its doors for business over 100 years ago. 

“I couldn’t be happier to join Old Fort Bank as a Marketing Officer. After many years away from the area, I am thrilled to have the opportunity to return home and be a part of the bank’s historic success. I am looking forward to building on our strong reputation and strengthening our brand,” Riggs stated. 

A 2003 graduate of Old Fort High School, Ms. Riggs continued her education at Otterbein College, graduating summa cum laude in 2007 with a BA in English and Journalism.  Riggs brings more than 12 years of experience in the marketing/journalism industry, having worked in a variety of different sectors, including nonprofit, legal, college curriculum, E-commerce and newspaper. She resides in Old Fort with her family. 

Elizabeth looks forward to becoming actively involved in the local communities. She is a member of the Seneca County Young Professionals and welcomes the opportunity to meet and work with clients, schools, businesses and service organizations in the area. 

Established in 1916, the employee owned bank has assets totaling approximately $540 million. Old Fort operates through a community banking model that is the foundation for local decision making and provides the basis for client service that is prompt, professional and personal. Old Fort prides itself on delivering a hometown feel while providing the exemplary service clients have come to appreciate and expect. The Old Fort Banking Company proudly serves Allen, Greene, Hancock, Sandusky, Seneca and Wood Counties, with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin, Sugarcreek Township and Xenia. The bank also operates a commercial loan production office in Lima. Old Fort is a recognized leader in community banking throughout the area in assisting members of the community, including local businesses and corporations. Old Fort Bank. Member FDIC. Equal Housing Lender. NMLS 631428.      

Old Fort Bank Brings Full-Service Community Banking to Xenia

[XENIA, Ohio] — Old Fort Bank last month celebrated the official grand opening of its new full-service financial center in Xenia, located at 88 South Progress Drive.

A state-wide leader in community banking for more than 100 years, Old Fort offers clients a distinct difference from the big banks in the Xenia area – a commitment to the service and support of Greene County and the local community.
“We could not be more excited to bring Old Fort’s full-service banking products to Xenia, and expand our offerings to include mortgage loans, deposits, consumer loans and treasury management solutions,” said EVP and Chief Lending Officer Dave Walton. “Our full range of financial services are the foundation on which the bank was first built, and we are excited to be able to finally bring these additional services to this community.”

Whether it be through supporting local events, or staff serving on integral committees, the key to Old Fort’s historic success is a passion for giving back and supporting the communities it serves.

“Old Fort embraces a community banking model that is committed to the individuals, families and businesses that make up Greene County and the Xenia community,” said President and CEO Michael Spragg. “Old Fort’s century of experience is a true testament to the character of the bank and the type of service our clients receive when they walk through our door.”

Old Fort’s 4,000-square foot financial center in Xenia serves as a regional hub for the bank, featuring two drive-in tellers and a drive-up ATM, and houses the staff from the bank’s former Mortgage Loan Production Office, previously located across the street at 65 South Progress Drive.

The Xenia location marks the bank’s tenth financial center in Ohio, and second in Greene County along with Sugarcreek Township. It is spearheaded by Walton, and Financial Center Manager Angie Hinkle, an active member and resident of the Xenia Community.

About Old Fort Bank
Established in 1916, Old Fort Banking Company has assets totaling approximately $540 million. Old Fort is a recognized leader in community banking throughout the state, and prides itself on providing prompt, professional and personal client service. The Old Fort Banking Company proudly serves Greene, Montgomery and Warren counties, with financial centers in Sugarcreek Township and Xenia, and eight additional communities throughout Northwest Ohio. Member FDIC. Equal Housing Lender. NMLS 631428.

Old Fort Bank Announces 2019 Scholarship Recipients

(TIFFIN, OH) – The Old Fort Banking Company is pleased to announce the recipients of its annual $1,000 scholarships to Heidelberg University, Tiffin University and The University of Findlay. 

Lydia Frankart, daughter of Jon and Lori Frankart, is the recipient of the Old Fort Bank scholarship for Heidelberg University, where she plans to study Early Childhood Education and Spanish this fall. Lydia is a graduate of Old Fort HighSchool, where she was a four year letterman in cheerleading, and participated in choir, science club, musical, and National Honor Society. She also received a National Machinery Citizenship Award.  

 

 

 

Alyson Carpenter, daughter of Jim and Bridgette Carpenter, is the recipient of the Old Fort Bank scholarship for Tiffin University, where she plans to study Digital Forensic Science and Cyber Security.  Alyson is a graduate of Liberty-Benton High School, where she was president of choir, vice president of Z-club and editor of the yearbook, in addition to her involvement in volleyball, acapella choir, musical, Habitudes and the Fellowship of Christian Athletes. Alyson also played volleyball with Oiler Attack Volleyball Club, and was a member of Hancock Youth Leadership, All-County Honor Choir and OMEA District 3 Honor Choir.

 

 

Chloe Eppley, daughter of Mark and Kerry Eppley, is the recipient of the Old Fort Bank scholarship to The University of Findlay, where she plans to study Physical Therapy. Chloe is a graduate of Tiffin Columbian High School, where she was captain of flag squad, secretary of key club, costume assistant for the spring musical, and a member of biology club and National Honor Society. Chloe was also a dancer and dance assistant for ballet classes at Dance Unlimited, and volunteered at Autumnwood Nursing Home.

The Old Fort Banking Company scholarships were first established in 1994, and have been awarded to more than 75 local high school students since that time. The Bank’s directors, officers and associates would like to extend their congratulations to these outstanding students and wish them continued success in their upcoming endeavors.

Established in 1916, Old Fort Banking Company has assets totaling approximately $540 million. Old Fort is a recognized leader in community banking throughout the area, and prides itself on providing prompt, professional and personal client service. The Old Fort Banking Company proudly serves Allen, Greene, Hancock, Sandusky, Seneca and Wood Counties, with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin, Sugarcreek Township and Xenia. The bank also operates a commercial loan production office in Lima. Member FDIC. Equal Housing Lender. NMLS 631428.      

 

Old Fort Bank’s Mark Malone Receives Governor’s Appointment

Michael C. Spragg, President and CEO of The Old Fort Banking Company, is pleased to announce that Executive Vice President, Mark B. Malone, has received the Governor’s Appointment to the State of Ohio’s Banking Commission. Malone will serve a four-year term on the commission which duties includes making recommendations, considerations and assessments to the deputy superintendent for banks and the superintendent of financial institutions on the business of banking.  “Old Fort Bank prides itself in employing leaders in the financial industry.  Mark’s appointment recognizes his years of dedication, expertise and commitment to the financial services industry and we commend him for this honor at the state level.” stated Michael C. Spragg. 

Governor Mike DeWine, with confirmation by the Ohio Senate, has appointed Malone to serve on this eight-member Banking Commission.  Qualifications and requirements of the commission members shall be, at the time of appointment, executive officers of state banks, and all of the members appointed to the Commission shall have banking experience as a director or officer of a bank, savings bank, or savings association insured by the federal deposit insurance corporation, a bank holding company, or a savings and loan holding company. The membership of the commission shall be representative of the banking industry as a whole, including representatives of banks of various asset sizes and ownership structures, as determined by the Governor after consultation with the Superintendent of Financial Institutions.

With 39 years in the banking industry, serving as an officer and executive in various roles Malone joined Old Fort Bank in 2009 as Senior Vice President and Chief Lending Officer.  In 2012, he was promoted to Executive Vice President and in 2015 Malone was promoted to EVP, Chief Credit Officer.

A resident of Shawnee Township, Malone is a graduate of Wright State University with a Master of Business Administration in Finance and a graduate of Miami University with a Bachelor of Science in Economics. Mr. Malone has been very active in the community during his career having served in various roles with many organizations including President and Executive Committee Member of the Black Swamp Area – Boy Scouts of America, Treasurer of the Visionaries (Allen County Economic Development Group), Board Trustee of the Allen County Regional Transit Authority, President and Investment Chairman of the Apollo Career Center Foundation Board, Member of the St. Rita’s Medical Center Foundation Board, West Central Ohio CDC Executive Board, and President of the Lima Rotary Club Foundation.

Established in 1916, the employee owned bank has assets totaling approximately $540 million. Old Fort operates through a community banking model that is the foundation for local decision making and provides the basis for client service that is prompt, professional and personal. Old Fort prides itself on delivering a hometown feel while providing the exemplary service clients have come to appreciate and expect. The Old Fort Banking Company proudly serves Allen, Greene, Hancock, Sandusky, Seneca and Wood Counties, with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin, Sugarcreek Township and Xenia. The bank also operates a commercial loan production office in Lima. Old Fort is a recognized leader in community banking throughout the area in assisting members of the community, including local businesses and corporations. Old Fort Bank…Member FDIC. Equal Housing Lender. NMLS 631428.         

Old Fort Bank's Mark Egbert Named Trustee of Sandusky County Chamber

Dave Walton, EVP and Chief Lending Officer of The Old Fort Banking Company is pleased to announce that Mark Egbert, Vice President, Commercial Banking has been elected to serve on the Sandusky County Chamber of Commerce Board of Trustees.  “We hold high expectations for our bank associates to maintain a presence in economic, civic, cultural and charitable activities in the communities we serve…we commend Mark for his commitment to the Sandusky County Chamber of Commerce.” stated Walton.  Egbert will serve a three-year term for the Chamber of Commerce whose mission is to provide quality leadership, information and services throughout Sandusky County.   Active in the Fremont community Egbert was pleased to join the board. “I look forward to working with Jill Simpson, President and CEO of the Sandusky County Chamber of Commerce along with the other board members in supporting the Chamber’s mission.” stated Egbert.

Mr. Egbert joined Old Fort Bank in 2011 serving as Fremont City Executive and Vice President of Commercial Banking.   A graduate of The University of Toledo with a Bachelor of Business Administration, Egbert continues his community service by serving on the Community Health Services Foundation Board and is a member of the Fremont Rotary Club.

Established in 1916, the employee owned bank has assets totaling approximately $540 million. Old Fort operates through a community banking model that is the foundation for local decision making and provides the basis for client service that is prompt, professional and personal. Old Fort prides itself on delivering a hometown feel while providing the exemplary service clients have come to appreciate and expect. The Old Fort Banking Company proudly serves Allen, Greene, Hancock, Sandusky, Seneca and Wood Counties, with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin, Sugarcreek Township and Xenia. The bank also operates a commercial loan production office in Lima. Old Fort is a recognized leader in community banking throughout the area in assisting members of the community, including local businesses and corporations. Old Fort Bank…Member FDIC. Equal Housing Lender. NMLS 631428.         

Old Fort Bank Welcomes Thomas S. Sullivan

Eric J. Willman, Branch Administration Officer of The Old Fort Banking Company, is pleased to announce that Thomas S. Sullivan has joined the Old Fort Bank.  “Tom brings an extensive background in retail banking and has served in the financial industry for over 15 years.  Tom’s leadership, knowledge of the market and a dedication to client service further enhances our commitment to Seneca County.  We look forward to his contributions to our continued growth and success in the Tiffin market," stated Willman.

Serving as a Universal Banker at the Tiffin Westgate Financial Center, located at 634 West Market Street, Sullivan looks forward to welcoming clients to Old Fort Bank. He will be responsible for providing client service, opening deposit relationships, along with providing personal and home equity lending. “I feel fortunate to have joined a true community bank and welcome the opportunity to build new and existing relationships with clients in the Tiffin community.  Old Fort Bank allows me to do this by offering local decision making, exceptional service and by providing products and services to best serve our clients’ needs,” Sullivan stated.

A graduate of Heidelberg University, with a Bachelor of Business degree, Sullivan maintains a strong commitment to his community.  He currently serves on the board for Calvert Foundation, Barnes-Deinzer Seneca County Museum Foundation and is the Treasurer for Calvert Academic & Spiritual Boosters.

Established in 1916, the employee owned bank has assets totaling approximately $540 million. Old Fort operates through a community banking model that is the foundation for local decision making and provides the basis for client service that is prompt, professional and personal. Old Fort prides itself on delivering a hometown feel while providing the exemplary service clients have come to appreciate and expect. The Old Fort Banking Company proudly serves Allen, Greene, Hancock, Sandusky, Seneca and Wood Counties, with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin, Sugarcreek Township and Xenia. The bank also operates a commercial loan production office in Lima. Old Fort is a recognized leader in community banking throughout the area in assisting members of the community, including local businesses and corporations. Old Fort Bank…Member FDIC. Equal Housing Lender. NMLS 631428.         

Old Fort Bank Hosts Ribbon Cutting for New Xenia Financial Center

The Old Fort Banking Company has opened a newly renovated financial center at 88 South Progress Drive in Xenia.

The bank held a ribbon-cutting ceremony on February 27, 2019 to celebrate the opening.

The full-service financial center further expands Old Fort’s footprint in Greene County, joining its Sugarcreek Township location. It features a full range of consumer and business deposit and lending products and services.  The building is approximately 4,000 square feet and includes 2 drive-in tellers and a 24-hour drive-up ATM. Lobby Hours are Monday through Friday 8:30 am to 5:00 pm and Saturday 8:30 am to noon. In addition to traditional branch banking, Old Fort also offers online banking, mobile banking, and telephone banking to provide clients with on-the-go, instant account access.  

The new location employs 10-12 full-time employees featuring local Greene County residents Victoria Burnside, Team Leader, Chrissy Castle, Mortgage Underwriter, Cyndi Fevang, Mortgage Banker, Angie Hinkle, Retail Banking Manager, Ryan Hollingsworth, Teller, Kay Moffit Mortgage Banker, Betty Sparks, Mortgage Processor, Karen Walker, Teller, Dave Walton, EVP and Chief Lending Officer, and Kim Watts, Mortgage Processor.

“We are extremely excited to kick off 2019 with the opening of our Xenia banking center,” said Dave Walton, Executive Vice President and Chief Lending Officer of Old Fort Bank. ”The Greene County area has embraced us and has contributed greatly to our continued growth and success. Our goal is to continue to enhance the levels of convenience, products, and service delivery that this great community entrusts us to deliver.”

Established in 1916, the employee owned bank has assets totaling approximately $540 million. Old Fort operates through a community banking model that is the foundation for local decision making and provides the basis for client service that is prompt, professional and personal. Old Fort prides itself on delivering a hometown feel while providing the exemplary service clients have come to appreciate and expect. The Old Fort Banking Company proudly serves Allen, Greene, Hancock, Sandusky, Seneca and Wood Counties, with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin, Sugarcreek Township and Xenia. The bank also operates a commercial loan production office in Lima. Old Fort is a recognized leader in community banking throughout the area in assisting members of the community, including local businesses and corporations.     

 

Womacks Joins Old Fort Bank as VP, Mortgage Sales

Dayton, Ohio – The Old Fort Banking Company has hired Joyce Womacks as Vice President, Mortgage Sales.  The announcement was made by W. David Walton, EVP & Chief Lending Officer of Old Fort Bank.

In her new position, Womacks will originate conventional, FHA, VA, and residential construction loans, along with providing input on residential mortgage lending policies, procedures and products. With 29 years of mortgage banking experience, she will be responsible for increasing mortgage volume and enhancing the bank’s mortgage sales and marketing efforts throughout Greene and Montgomery Counties.

“We are pleased to welcome Joyce to the Old Fort Bank team. Her strong commitment to client service and knowledge of the market area made Joyce an excellent candidate for this position,” stated Mr. Walton.

“Old Fort Bank is the best kept secret in South Dayton.  I am excited to share Old Fort Banks competitive products with homebuyers and the real estate community,” stated Ms. Womacks.

Womacks has received the Dayton Mortgage Bankers Sales Leader Award for over 20 years and has actively supported the Nicholas Treatment Center, Community Action Partnership, St. Vincent Shelters, St. Joseph Orphanage and March of Dimes. 

Womacks will work out of Old Fort’s Sugarcreek Township financial center, located at 6430 Wilmington Pike.

Established in 1916, the employee owned bank has assets totaling approximately $540 million. Old Fort operates through a community banking model that is the foundation for local decision making and provides the basis for client service that is prompt, professional and personal. Old Fort prides itself on delivering a hometown feel while providing the exemplary service clients have come to appreciate and expect. The Old Fort Banking Company proudly serves Allen, Greene, Hancock, Sandusky, Seneca and Wood Counties, with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin, Sugarcreek Township and Xenia. The bank also operates a commercial loan production office in Lima. Old Fort is a recognized leader in community banking throughout the area in assisting members of the community, including local businesses and corporations.

   

 

{endAccordion}