SmartBanking - The Savings Bank

Fall 2014
TM
NEWS
New Leadership for The Savings Bank and Savings Bancorp., Inc.
The Savings Bank Board of Directors is announcing the appointment of a new bank
president. After 25 years in the position, Stephen Gary relinquished the role on October 1,
2014, to long-time bank employee J. Jeff Farthing. Mr. Gary is not retiring. He will retain
the position as president of the bank’s holding company, Savings Bancorp., Inc. and assume
the role of Director of Community and Stockholder Relations, a job which allows him to
remain involved in community relations.
Stephen A. Gary
Savings Bancorp,
Inc. President
“The Savings Bank Board of Directors has had a very solid succession
plan in place for several years now. They are dedicated to maintaining
the momentum and the community focus of the bank,” says Gary.
“The appointment of Jeff to the role of president is proof.”
Stephen Gary has served as president and CEO of The Savings Bank since 1989, the
longest-tenured CEO in the bank’s 102-year history. Under his leadership the bank expanded
into Ashville and Williamsport, increased assets from $72.8 million to $315 million, and grew
the number of employees to 65. The community bank is in the process of completing a $3.6
million complex in downtown Circleville, across from the bank’s historic main branch office.
SmartBanking
TIPS
J. Jeff Farthing
The Savings Bank
President
“It has been exciting and a real honor to serve the people in our community through my capacity as the bank’s
president,” Gary states. “Together, and with the community’s loyal support, the bank’s leadership and employees
have built an institution that makes life better for everyone. I plan on continuing that role of enhancing our
presence in our communities.”
The newly appointed president has been with the bank since 1991 and has been involved in the daily operations of
the bank for over a decade. “Working closely with Mr. Gary has prepared me to make the most of this opportunity
for the bank,” Farthing says.
Farthing holds a Bachelor of Science in Business Administration from Bowling Green State University, and a
Masters of Business Administration from Capital University. He has managed staff, participated in technology
advancements and grown the loan department by nearly 50% in the last 5 years.
“New products, technologies and services, the new complex — there’s a lot going on, and I am really looking
forward to continuing on the successful path that Mr. Gary has forged for the Savings Bank. I am humbled by the
confidence the Board of Directors and Mr. Gary have shown in promoting me to President, and I am honored to
have the opportunity to lead great shareholders, employees and customers,” says Farthing.
The Savings Bank Earns 5-Star Rating
for 96th Consecutive Quarter
In September, The Savings Bank, Circleville, Ohio was again recognized as one of
the strongest banks in the nation by BAUER-FINANCIAL, Coral Gables, Florida, the
nation’s leading bank rating and research firm. This rating is based on June 30, 2014 financial data.
Having maintained a 5-Star rating for this length of time earns The Savings Bank an even more elite
designation as a “Sustained Superiority Bank.” Only 5% of the nation’s banks have demonstrated this
level of award-winning stamina. The Savings Bank has been a part of the fabric of this community for 102
years. Karen L. Dorway, president of BauerFinancial, congratulates The Savings Bank on its continued
success. “Community banks, like The Savings Bank, are an integral part of the communities they serve, so
to say that the bank is ‘award-winning’ is to say that the community is as well. Congratulations on their
continued success.”
POA vs. POD
POA is an abbreviation for Power of
Attorney. If you are designated as POA
on an account, you have access to funds
on that account, provided the owner
of the account is living. Power and
authority of the POA on an account
ends as soon as the owner of the account
is deceased. This means that the bank
can no longer provide you with any
information on the account, nor can
you take any money out of the account.
POD is an abbreviation for Payable
on Death. A designation of POD
makes that person the beneficiary on
the account. This beneficiary receives
ownership of the account upon the
original owner’s death, but does not
have any access to account information
or funds during the owner’s lifetime.
Setting up someone as POD on an
account is essentially gifting the account
to them upon the account holder’s
death. POD designation is revocable
during an account owner’s lifetime.
The owner’s estate is in charge of any
issues regarding the legality of POD
designation after the owner’s passing. If
any concerns arise, they will be pursued
by the legally appointed executor or
administrator of the estate, if one exists.
Building Construction
Requires Temporary Changes
• The new walk-up ATM at the corner of
Pinckney and N. Court streets is now
ready to serve you!
• You must use your pre-printed deposit
tickets when using the temporary drivethru. Orders can be placed with your teller.
• Temporary drive-thru hours are 7 AM –
7 PM, Monday through Friday, and 8 AM –
Noon on Saturday
• Our main office at 118 N. Court St., as
well as our other office and ATM locations,
will observe regular business hours.
For a lost or stolen DEBIT CARD: 1-800-472-3272
For a lost or stolen CREDIT CARD: 1-800-808-7230
Circleville (Main Office)
118 N. Court Street Ph. 474-3191
Circleville (Pinckney Street)
Drive-Up Teller Lanes
Walk-Up Teller Windows
Drive-Up and Walk-Up STAR®/ATM
Drive-Up Night Deposit
Ashville
18 Long Street
Drive-Up STAR®/ATM
Ph. 983-2587
Ashville North
501 Long Street
Drive-Up STAR®/ATM
Ph. 983-2351
Williamsport
200 S. Water Street Drive-Up STAR®/ATM
Drive-Up Night Deposit
For account information during banking
hours, call 420-3712.
Ph. 986-2515
For 24-hour telephone banking
INFO-Line, call 1-866-780-4636.
Health Savings Accounts • SmartClub Checking Accounts • Personal Checking Accounts • Business Checking Accounts
SeniorSmart Accounts • SmartMarket Money Market Accounts • NOW Checking Accounts • Super NOW Accounts
Personal/Business Debit Cards • Savings Accounts • Debit Accounts • Money Market Accounts • Star® ATM 24-Hour Banking
Direct Deposit • MasterCard® • VISA® • MasterCard® Gift Cards • MasterCard® Travel Cards • Pumpkin Club
Christmas Club • Safe Deposit Boxes • Automatic Funds Transfer • 24-Hour Telephone INFO-Line 1-866-780-4636
Free Online Banking • Free Online Bill Pay • NOW AVAILABLE: eStatements • Quicken® • QuickBooks®
Member FDIC
Report suspected
elder neglect,
abuse, or
exploitation.
Tips can be left
anonymously.
1-844-474-7500
pickawaycourt.com
Introducing eSmart Business Online Banking
Work smarter with the new online banking tools designed
specifically for businesses. Visit TheSavingsBankCircleville.com
for details and call 740-474-3191, option 3 to enroll.
Now your business banking is easier, faster, and smarter at TheSavingsBankCircleville.com! Spend more time growing
your business and less time managing it with the new eSmart Business Online Banking. Features include: Check
imaging, stop payments, multiple user options, transfers between accounts, create recurring transfers,
real-time account information, authorization limit settings on information and/or transaction activity and multiple
encryption layers for online security. Bank smarter for your business!
Join our 2015 Pumpkin Club
Gazebo Gatherings
2014 Pumpkin Club Members already are
enjoying the benefits of having a club account at
The Savings Bank! Over $30,000 in club funds
were sent out to our Pumpkin Club Members
this year. Don’t miss your chance to be a part of
this program next year! Pumpkin Club Accounts
can be opened January 5, 2015 through April
15, 2015. For customer convenience, direct
deposits and express transfers can be set up on
these accounts.
The Savings Bank again sponsored one of
the Gazebo Gatherings in Ashville on Sunday,
August 3rd. This was the kick-off event of
the series that ran every Sunday evening
in August. Bank employees distributed ice
cream cups to all in attendance. Local family
musical group, The Rainey’s, performed live
entertainment for the audience.
Gazebo Gathering in Asheville
Donation Made to
Alzheimer’s Association
Not Pictured: Kelli Woodward and Jennifer Moore
The Savings Bank’s team came in 5th place out of
over 20 teams that participated in Circleville’s Walk
to End Alzheimer’s. The goal of raising $25,000
for the Alzheimer’s Association was surpassed this
year thanks to the efforts of participants in the
Circleville walk. We want to thank all volunteers
who helped to make the event possible, including
those from the S.A.L.T. Council and Boy Scout
Troop 170.
Ashville 4th of July Festival
The Savings Bank Christmas Clubs are
a great way to save for all the joys of the
holidays. Stop by your local branch to enroll
in the 2015 Club beginning October 27,
2014. Anyone can save with plans from
$1-$20 a week!
The Savings Bank was once again proud to be a
part of the Ashville 4th of July Festival. Along with
sponsoring the tent for the annual fish fry, The
Savings Bank was represented in the parades with a
float honoring our nation’s flag. Our float, A Grand
Old Flag, won second place in the float contest and
employees enjoyed riding in parades and passing
out candy along the parade route on the 4th.
thesavingsbankcircleville.com
1.800.582.2265
The Pumpkin Show Art Sponsor
The Savings Bank again sponsored a section of the
Circleville Herald’s annual Pumpkin Show Art Contest. This
year’s winner for the bank was Lydia Wickham. Her artwork
was published in this year’s Circleville Herald special Pumpkin
Show tab section and was on display at the main office of The
Savings Bank during the Pumpkin Show. Lydia is currently
a sophomore at Circleville High School.
Happy Birthday, Mary K. Temple!
The Savings Bank employee, Mary K. Temple, recently celebrated her
90th birthday! We are all grateful for her years of experience with us and
her continued presence here. Mary K. is currently working part-time in
the Bookkeeping Department at the main office in Circleville.
Circleville • Williamsport
Ashville • Ashville North
Dried Beef Casserole
From the Kitchen of Kelly Hart
2 Packages Dried Beef
2 Cups Macaroni
2 Cups Milk
Cut dried beef into small pieces. Mix all ingredients
together in 13”x9” baking dish. Refrigerate for at least
4 hours.
2 Cups Shredded Cheddar Cheese
Bake at 350° for 1 hour.
2 Small Cans Cream of
Mushroom Soup
Serve with a salad and dinner rolls for a complete meal.
This Month’s
Baking Banker
Kelly Hart, a
Laurelville, Ohio
resident, rejoined
the bank in April
and is working in
New Accounts. She
previously worked
at The Savings
Bank for ten years
before pursuing
other endeavors and, 18 years
later, returned to her old position.
She enjoys spending time with
her family and husband, Rodney.
Her perfect day is shopping with
her daughter Mallory, who is
planning her wedding for next year.
Kelly is anxiously awaiting future
grandchildren.