"Heartbleed" in the News - You may have read or heard about the recently announced "Heartbleed" vulnerability for the Internet community. CSB’s website, internet banking and mobile applications are secure and have not been affected. However, if you use the same password for multiple internet applications, including your CSB internet banking, we strongly advise you to change your CSB password to a unique password used only for CSB internet banking. It would be best to use a combination of upper and lower case letters and numbers. You may also want to refer to heartbleed.com for more information about the “Heartbleed” internet vulnerability. As companies patch their systems to protect from this vulnerability, they may request that you change your password and/or update your security questions. We highly recommend you follow their instructions, keeping in mind that no legitimate business would ask you to provide your password to them. Your password should be known only by you.
The Commercial and Savings Bank is a strong financial institution with a history dating back to 1879. We truly value our customers as partners and this caring attitude prevails throughout every department of the bank.
Under a trust, The Commercial and Savings Bank will safeguard your assets, enable your assets to grow, distribute those assets to the beneficiaries according to your exact instructions, and may save taxes. We can handle every detail of your personal financial responsibilities, from paying bills to money management. This agreement can be as flexible as you wish. The Commercial and Savings Bank can provide you with the satisfaction of knowing that your estate is fashioned to meet your needs and wishes without the frustration of the paperwork.
The Trust & Financial Services Department stands ready to meet the needs of individual investors, trustees, and custodians who want professional investment advice and management. Our services Include:
Estate Planning Services
The Commercial & Savings Bank Trust Department offers experience and knowledge in helping you plan for the future. We can assist you in formulating a guide to meet your personal needs and ensure that your assets will be distributed in a timely fashion according to your wishes. CSB will be a part of your estate planning as we manage your assets and work closely with your accountant, attorney and loved ones to ensure a smooth transition.
The executor or personal representative you name in your will is responsible for safeguarding the assets of your estate, for paying proper debts, for contesting improper claims, for collecting sums owed to the estate, and for filing estate and income tax returns. Your executor must decide what to sell to pay taxes and estate expenses and what to hold for distribution to your beneficiaries or to trusts you establish for their benefit. In naming The Commercial & Savings Bank as your executor you can be assured that the estate will be handled with experience, skill and good judgment.
Under a trust, The Commercial & Savings Bank will safeguard your assets, enable your assets to grow, distribute those assets to the beneficiaries according to your exact instructions, and may save you taxes. We can handle every detail of your personal financial responsibilities, from paying bills to money management. This agreement can be as flexible as you wish. The Commercial & Savings Bank can provide you with the satisfaction of knowing that your estate is fashioned to meet your needs and wishes without the frustration of the paperwork.
Retirement Accounts – Corporate & Individual
Wise planning for the years ahead can help assure a financial and worry free future. CSB offers a wide array of retirement plans including pension plans, profit sharing plans, 401(k) plans, and IRAs.
The Commercial & Savings Bank will serve as Trustee to ensure that all retirement accounts are in compliance with government regulations. We will assist in formulating a plan to fit the needs of your employees.
IRAs are available to many individuals on a tax deductible basis and to all individuals on a contribution basis. Contact our Trust Department for further information.
Agency Accounts are a series of investment and administrative services. Accounts may be completely directed by the account owner or the owner may give The Commercial & Savings Bank Trust Department the sole authority regarding the purchase and sale of securities. Cash management, bill payment, and regular accounting reports are also primary features. We will be happy to explore these options with you at your convenience.
Asset Management for all types of accounts including Individual Trustees, Agency Accounts, Retirement Plans, Corporate Accounts and IRAs can be directed by The Commercial & Savings Bank Trust Department. Call for a free consultation.
Thomas S. RumbaughVice President, Trust Officer
Kevin J. McAllisterVice President, Trust Officer
91 North Clay Street
Millersburg, OH 44654
305 West Liberty Street
Wooster, OH 44691