Press Release  |  February 28, 2005


CSB Relocates Loan Operations Staff

Commercial & Savings Bank President & CEO John Limbert today announced the relocation of the Bank’s 18 person Credit Analysis and Loan Operations group from their 6 West Jackson Street office to the 91 North Clay Street facility. This transfer took place on Monday, February 28, 2005.

In making the announcement Limbert commented, “This move is the result of a possible deterioration in the roof on the north end of our building. As a result of the December ice storm, resulting power outages, and the age of the facility itself, we have recently had a structural engineer look at the support structures. There is some likelihood that the old timbers used in the original construction have weakened and we want to fully review the impact of the structural design. This move of our personnel is to provide for the safety of our employees and customers while this review is underway.”

“The banking center and loan officer personnel, located on the first floor of the 6. W Jackson Street office will remain at this location. These offices are not impacted by the roof condition as they occupy space built in a separate building,” Limbert continued. “The personnel being moved generally do not have direct customer contact although they will be available to meet with customers, if need be at their new offices, or reached via their same phone numbers.”

“We made this decision, virtually overnight, after meeting with the engineers and contractors involved in the building’s prior remodeling. We will finalize a decision as to remodeling or removal of the roof within the next two weeks,” he concluded.

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