Community State Bank

Community State Bank to Open Saginaw Loan Office

lmitlyng — Wed, 16 Jan 2013 19:21:40 +0000

SAGINAW, MI (January 16, 2013) – “We are coming to Saginaw,” announced Robert M. Wolak, President and CEO of Community State Bank, St. Charles MI, following a settlement with the U.S. Justice Department (DOJ) and announced on Tuesday, January 15, 2013. Wolak said Community State Bank’s decision will not delay any effort to bring access to affordable credit to borrowers in a predominantly African-American neighborhood in Saginaw.

In the spirit of community banking, Community State Bank is investing $165,000 to open a loan office in the city. “We are going to make it work for the neighborhood, city and the bank,” Wolak emphasized. He explained that when Montrose State Bank merged with Community State Bank regulators felt the bank’s footprint should be all of Saginaw County including the city of Saginaw. “We accept that and will have our loan office up and running in the City of Saginaw very soon.”

Wolak said Community State Bank will invest $75,000 in special financing subsidies and down payment assistance programs to increase the credit extended to majority African-American neighborhoods in and around Saginaw; $75,000 in organizations that provide credit, and foreclosure prevention services in the area; and $15,000 in outreach to potential customers in the neighborhoods – totaling $165,000. Community will also open a loan production office in a majority African-American neighborhood in Saginaw and provide fair lending training for employees.

Wolak added, no factual findings of discrimination were found during the investigation by either the FDIC or DOJ. The bank agreed to the settlement with the idea that it would be more productive to invest in Saginaw versus paying the cost of litigation.

The settlement – which does not involve any legal finding regarding the allegations brought against Community State Bank – is still subject to court approval.

About Community State Bank

Community State Bank is a locally owned and operated full service financial institution. Headquartered in St. Charles, the Bank has eight neighboring branches – St. Charles, Thomas Township, Birch Run, Chesaning, Montrose, Flushing, Albee and New Lothrop. Community State Bank has been serving the community for over 71 years. For more information, please visit gotocsb.com or call the Bank at 989-865-9945.

Community State Bank’s Community Care Contributions Announced

admin — Tue, 09 Oct 2012 18:46:36 +0000

St Charles, MI (August 6, 2012) – Community State Bank is pleased to announce that $915.68 will be donated in the second quarter to community programs in the St. Charles area, thanks to the efforts of the Bank’s employee initiated charity efforts.

According to Community State Bank President and CEO Robert Wolak keeping it local has been Community State Bank’s mission from its start. “It’s part of our culture and it’s what inspired one of our employees, 18 years ago, to suggest collecting donations from co-workers in exchange for a designated ‘Dress Down Day,’ to support local charities,” explained Wolak. “All of our employees have a designated amount of money deducted from their checks each payday to donate to community programs and organizations. Each bank branch determines where the money will go in their communities.”

Community State Bank employees donate money to local organizations through the Community Care Fund. “We are proud of our employees and their involvement. It’s a great way to connect heads, hearts and hands,” added John Wendling, First Vice President, Retail Manager, Business Development Officer, Community State Bank.
Give an hour. Give a Saturday. Where local matters. Community State Bank branch employees participate when or where they can each fiscal quarter, to raise money for a local non-profit charity and volunteer their time to numerous community organizations and special events.

This quarter’s recipients from the following branches:

Branch / Organization Recipients

St. Charles / Bulldog Pride Committee
Thomas Township / First Choice Program – Saginaw County Mental Health
Chesaning / Chesaning United Appeal
Birch Run / Birch Run Lions Club
Montrose
Flushing / Montrose Open Cupboard Food Pantry
Albee
New Lothrop Operations / American Red Cross, Great Lakes Bay

Wendling also credited the efforts of Community Care Coordinator: Kathy Vogt and her Community Care Committee: Shelley Slivinski, Roxanne Eimers, Carol Beckman, Kim Bolf, Jennie Carlton, Pam Klein, Jeanne Weber.

Community State Bank is a locally owned and operated full service financial institution. Headquartered in St. Charles, the Bank has eight neighboring branches – St. Charles, Thomas Township, Birch Run, Chesaning, Montrose, Flushing, Albee and New Lothrop. Community State Bank has been serving the community for over 70 years. For more information, please visit gotocsb.com or call the Bank at 989-865-9945.

Blossey, Mitlyng Join Community State Bank

admin — Tue, 09 Oct 2012 18:42:53 +0000

St Charles, MI (May 30, 2012) – Community State Bank is pleased to announce the arrival of John D. Blossey and Louis A. Mitlyng III.
“John and Louis are great additions to our team as we continue to grow and expand our operations in the community,” explained Community State Bank President and CEO Robert Wolak. “We like many financial institutions across the country are making the necessary changes to keep up with the economic challenges and opportunities of our communities and the new regulatory demands of our industry.”
John D. Blossey has joined the commercial lending team as Vice President, Commercial Loan Officer working from the Bank’s Thomas Township office. He began his banking career as a teller over 12 years ago and has moved through the ranks of community banking as a credit analyst, portfolio manager and most recently as vice president, relationship manager for a northern Michigan community bank.
Blossey graduated from Central Michigan University with a Bachelor of Science in Business Administration and a double concentration in finance and accounting. He also completed the Robert M. Perry School of Banking which is a 3 year course focused on the overall management of community banks.
Louis A. Mitlyng III joined the Bank as Network System Administrator. He began his career in Information Technology over 17 years ago. While still in high school, Mitlyng started working as a systems administrator at the Cancer Therapy and Research Center in San Antonio, Texas. He relocated to Michigan in 2000 and has held various technology positions in management and compliance and most recently as a network analyst for a Michigan credit union.
Mitlyng is a Microsoft Certified Systems Engineer (MCSE) and also has certifications in Security+, Network+ and VMware. He is earning his Associate Degree in Information Technology from Delta College.
Community State Bank is a locally owned and operated full service financial institution. Headquartered in St. Charles, the Bank has eight neighboring branches – St. Charles, Thomas Township, Birch Run, Chesaning, Montrose, Flushing, Albee and New Lothrop. Community State Bank has been serving the community for over 70 years. For more information, please visit gotocsb.com or call the Bank at 989-865-9945.

Community State Bank Announces Promotions, New Arrivals

admin — Fri, 05 Oct 2012 00:00:06 +0000

St Charles, MI (April 26, 2012) – The Board of Directors of Community State Bank recently announced new board member John D. Zelinko, the promotion of John C. Wendling and Abby B. Hoover and the arrival of Douglas J. Kelley and Dawn M. Federspiel.
“As we continue to grow and expand our operations in the community, it has become necessary for us to increase our levels of expertise and customer service,” explained Community State Bank President and CEO Robert Wolak. “These promotions and additions will help us to meet the demands of our industry and the financial needs of our customers.”
John D. Zelinko joined the Board of Directors. Zelinko began his career in farming selling agricultural chemicals. In 1976 he joined his brother to farm over 4,000 acres and maintain a herd of Registered Angus cattle. He is a graduate of Michigan State University.
John C. Wendling is promoted to First Vice President, Business Development Officer and Retail Manager. Having joined the Bank as Chief Financial Officer when Community State Bank and Montrose State Bank merged in 2007, Wendling was President and CEO of Montrose State Bank for 16 years. Wendling has his bachelor’s and MBA degrees from the University of Michigan and is a graduate of the University of Wisconsin-Madison School of Bank Administration. �
Abby B. Hoover is promoted to Compliance Officer. Hoover started her career with the Bank in 2004 and worked her way up the ranks to Loan Officer and Assistant Cashier. She has her bachelor’s and master’s degrees from Central Michigan University.
Douglas J. Kelley joined the Bank as Chief Financial Officer. Kelley served as Senior Vice President and Chief Financial Officer for Fentura Financial, Inc. and The State Bank in Fenton, Mich., for past 11 years. He graduated with a Bachelor of Science in Business Administration from Central Michigan University.
Dawn M. Federspiel joined the Bank as Mortgage Loan Officer and Manager of the Thomas Township Office. Federspiel served as Mortgage Loan Officer for Bank of America where she was responsible for originating, processing and closing mortgage and consumer loans. She also partnered with branch offices to promote bank services.
Community State Bank is a locally owned, full service financial institution. Headquartered in St. Charles, the Bank has eight branches – St. Charles, Thomas Township, Birch Run, Chesaning, Montrose, Flushing, Albee and New Lothrop. The Bank has been serving the community for over 70 years. For more information, please visit gotocsb.com or call the Bank at 989-865-9945.