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2018

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Old Fort Bank Receives Regulatory Approval to Open a Second Financial Center in Greene County

The Old Fort Banking Company, a subsidiary of Gillmor Financial Services, Inc., has announced it will open a newly renovated financial center in Xenia.

“We are extremely excited about 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 level of convenience, products, and service delivery that this great community entrusts us to deliver.”  

Located at 88 South Progress Drive, the new financial center represents Old Fort’s tenth location in Ohio and further expands the bank’s footprint in Greene County, joining its Sugarcreek Township location. The building, purchased for $925,000, is approximately 4,000 square feet and features 2 drive-in tellers and a drive-up ATM. 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. Walton indicated that the financial center will likely open during third quarter of 2018.  “The building is large enough to allow us to make this a regional financial center, offering residential, consumer, small business and commercial services,” said Walton. “These services will complement our more traditional and full range of deposit and lending products.”

The new Old Fort location will employ 10-12 full-time employees featuring local Greene County residents Chrissy Castle, Mortgage Underwriter, Cyndi Fevang, Mortgage Banker, Angie Hinkle, Retail Banking Manager, Kay Moffitt, Mortgage Banker, Betty Sparks, Mortgage Processor, Dave Walton, EVP and Chief Lending Officer, and Kim Watts, Mortgage Processor.

“This new location provides a warm and inviting atmosphere that demonstrates our continued commitment to the individuals, families, and businesses that make up the Greene County and Xenia community,” stated Michael C. Spragg, Chairman, President and CEO of Old Fort Bank and Gillmor Financial Services, Inc. “Expanding further into Greene County has been a desire of ours for some time, but it was a matter of identifying the right facility and the right site. We are confident that this location is the perfect match.”    

“Greene County is one of the most stable counties in the state,” said Walton. “With a strong economic foundation, a well-diversified employment base, low unemployment, quality healthcare and educational outlets, and a plethora of cultural and entertainment venues, we believe that the residents and business community will benefit from our community banking business model, which emphasizes a high touch approach to meeting our client’s banking needs.” 

Established in 1916, the employee owned bank has assets totaling approximately $530 million and operates through a community banking model that is the foundation for local decision making. 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 and Sugarcreek Township.  Old Fort operates a commercial loan production office in Lima and also currently has a mortgage loan production facility in Xenia. Old Fort is a recognized leader in community banking throughout the area in assisting members of the community, including local businesses and corporations.

2018 Old Fort Banking Company Scholarship Recipients Named

The Old Fort Banking Company is pleased to announce the 2018 OFBC Scholarship recipients. The scholarship was established in 1994 and has offered 75 scholarships to area high school students. 

The $1,000.00 scholarship was awarded to:

  • Heidelberg University – Hailey Taylor
  • Tiffin University – Jenna Huffman
  • University of Findlay – Cheyenne Potteiger

Hailey Taylor is the daughter of Michael and Katherine Taylor.  A graduate of Fremont Ross High School, Hailey will be attending Heidelberg University to continue her soccer career and will pursue a double major in Mathematics and Business. Hailey is looking forward to continuing her soccer career at Heidelberg.

Hailey was active in a variety of school activities including: Class Cabinet, National Honor Society, Soccer, Softball, Cheerleading, Marching Band and Symphonic Band. She is active in Girl Scouts and her hobbies include: reading, swimming and watching movies.

Jenna Huffman is the daughter of Jeff and Jessica Huffman.  A graduate of Hopewell-Loudon High School, Jenna will be attending Tiffin University and will major in Exercise Science. Jenna will be a member of Tiffin University’s Women’s Golf Team.  Future plans after graduating from Tiffin is to attend dental school to become an Orthodontist.

Jenna was active in a variety of school activities including: National Honor Society, Quiz Bowl, Spanish Club, Golf, and participated in the school’s Musical. She enjoys participating in Glamor Gals of Tiffin and Fostoria, an organization that gives “makeovers” to residents in area nursing homes.  Her hobbies include golf and participating in musicals.

Cheyenne Potteiger is the daughter of Jason and Sabrina Potteiger.  A graduate of Van Buren High School, Cheyenne will be attending the University of Findlay to earn a Doctorate of Physical Therapy and a Bachelor of Science Degree.

Cheyenne enjoyed playing on Van Buren’s Girls Golf Team. She is active in a variety of organizations:    4-H, the University of Findlay’s Gerontology Club, Showing Horses, Denise Tebbe Memorial Scholarship committee member, and was previously involved in Youth Equestrian Development Association and Interscholastic Equestrian Association.

The Old Fort Banking Company directors, officers and associates would like to extend their congratulations to these fine scholars and wish them all the best as they enter college.

Founded in 1916, The Old Fort Banking Company is an independent bank that operates through a community banking model that is the foundation for local decision making and provides the basis for client service that is reliable, responsive and competent. Headquartered in Tiffin, Ohio, Old Fort has assets totaling approximately $530 million. 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 and Sugarcreek Township. Old Fort operates a commercial loan production office in Lima and also a mortgage loan production facility in Xenia… with additional plans to open a 10 th financial center in Xenia in Fall 2018. Old Fort is a recognized leader in community banking throughout the area in assisting members of the community, including local businesses and corporations. Additional information about The Old Fort Banking Company may be accessed online at www.oldfortbank.com. Like Us on Facebook.

The Old Fort Banking Company Seeks To Open Financial Center In Xenia

Tiffin, OH.  The Old Fort Banking Company announced that it has applied to establish a financial center in Xenia, Ohio at 88 South Progress Drive.  The building, which was originally built and opened in 2003 for a local credit union, has a long history as a banking destination.

Subject to regulatory approval, the proposed financial center would represent Old Fort’s 10 th location in Ohio, and the second in Greene County, joining the Sugarcreek Township location.

 “Adding a comprehensive range of banking services to the Xenia market reinforces Old Fort’s commitment to the local community and to Greene County,” said Dave Walton, Executive Vice President & Chief Lending Officer of Old Fort Bank.  “It will enhance our ability to better serve more of the community and the businesses in the heart of the county.”

The proposed financial center will offer full-service banking, a drive up ATM, 2 drive-thru teller lanes and various other banking related services. The office will feature a consultative setting for client meetings as well as modern and convenient banking technologies.  Old Fort is targeting a fall opening.

Established in 1916, the employee owned bank has assets totaling approximately $530 million and operates through a community banking model that is the foundation for local decision making and provides the basis for client service that is reliable, responsive and competent.  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 and Sugarcreek Township.  Old Fort operates a commercial loan production office in Lima and also has a mortgage loan production facility in Xenia.  Old Fort is a recognized leader in community banking throughout the area in assisting members of the community, including local businesses and corporations.        

Dianne Krumsee to Retire as Old Fort Bank and Gillmor Financial Services, Inc. Chairman; Michael Spragg to Succeed

Tiffin, Ohio, February 23, 2018 – Dianne Gillmor Krumsee, chairman of the board of The Old Fort Banking Company and Gillmor Financial Services, Inc. announced today that she will retire following the Annual Meeting of Shareholders on April 13, 2018. Old Fort Bank and Gillmor Financial Board of Directors elected Michael C. Spragg, the company’s president and chief executive officer, to succeed Krumsee as chairman in addition to his current responsibilities, effective at the April board meeting.

"Dianne has been a significant contributor to the overall success of our organization, providing a passion for community banking that has helped put us on a path for long-term success and independence," Spragg said. “We remain profoundly grateful for her dedication and commitment at crucial times during the bank’s long history."

Krumsee wholeheartedly supported the formation of the 2015 Employee Stock Ownership and 401(k) Plan-ESOP Component Trust, a move designed to allow bank employees to acquire over 45 percent of the common stock of Gillmor Financial Services, Inc. and thereby indirectly acquiring control of The Old Fort Banking Company. The formation of the ESOP enabled Krumsee to carry on Old Fort’s tradition of community banking while ensuring the continuing success of the organization. She has been a member of the board of directors of The Old Fort Banking Company and Gillmor Financial Service, Inc. since 1991 and has served as chairman since 2007. Krumsee is the third generation to serve as board chairman, following in the footsteps of her grandfather, Howard J. Fry, and her father, Paul M. Gillmor. She followed her brother, Paul E. Gillmor, who also served as the board chairman. Commenting on Spragg’s election, Krumsee said, "The Old Fort Banking Company and Gillmor Financial Services, Inc. are in excellent hands. Our board of directors has a sincere respect for Mike’s integrity, leadership ability and commitment to community banking. With his business acumen and his strategic vision for the future of our organization, the board has determined that the time is right for Mike to assume the additional role as chairman."

Spragg joined Old Fort in July of 2007 as the bank’s president and chief executive officer and was named president and chief executive officer of Gillmor Financial Services, Inc. in 2010. He earned a B.A. in Business Administration from Catawba College and an MBA in finance from the University of Findlay. Spragg has over 28 years of experience in the banking industry.

Established in 1916, The Old Fort Banking Company has assets totaling approximately $525 million and proudly serves Allen, Greene, Hancock, Sandusky, Seneca and Wood Counties, with financial centers in Bettsville, Clyde, Findlay, Fostoria, Fremont, Old Fort, Tiffin and Sugarcreek Township. Old Fort operates a commercial loan production office in Lima and also has a mortgage loan production facility in Xenia. Old Fort is a recognized leader in community banking throughout the area in assisting members of the community, including local businesses and corporations.

Richard J. Demko Named Senior Vice President

Richard Demko Dave Walton, Executive Vice President and Chief Lending Officer of The Old Fort Banking Company, is pleased to announce that Rich Demko has been named Senior Vice President. "Rich’s exceptional leadership, professionalism and tireless commitment to the bank have proven to be instrumental in the success and growth of our organization. We are pleased to recognize his achievement and value his commitment to Old Fort Bank," stated Dave Walton.

In his role as Senior Vice President, Demko will continue to establish and maintain commercial relationships with clients. He will develop and execute loan portfolio strategies, monitor loan performance and risks as well as identifying opportunities and sharing his expertise in working with the professional business community. "I am pleased to have received this recognition and sincerely believe in the leadership and values The Old Fort Banking Company has come to be known for. It is my pleasure to be part of the senior management team and to share in the success and growth of the bank," Demko commented.

Demko joined Old Fort as Vice President in September 2008, as the bank expanded its footprint to include Greene County. With over 26 years of community banking experience, Demko's leadership, success in building client relationships and vision for the future has proven to be a tremendous asset to the bank.

Mr. Demko holds a Bachelor of Business Administration from Kent State University and a Master of Business Administration from the University of Dayton.

Founded in 1916, The Old Fort Banking Company is an independent bank that operates through a community banking model that is the foundation for local decision making and provides the basis for client service that is reliable, responsive and competent. Headquartered in Tiffin, Ohio, Old Fort has assets totaling approximately $530 million. 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 and Sugarcreek Township. Old Fort operates a commercial loan production office in Lima and also a mortgage loan production center in Xenia. 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 NMLS 631428. Equal Housing Lender. Member FDIC.

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