Looking Back at 2009

Welcome to Greenville Federal’s website.  This past year we saw our local, state and national economy continue to struggle with the challenges of the stock market crash, decreasing home values, rising unemployment, and multiple bank failures.  Fortunately due to sound banking principles and a focus on our community, Greenville Federal did not experience many of the negative challenges other banks experienced and instead achieved improved performance in most every area of the bank.  While other financial institutions continue to deal with their past mistakes, our strength and stability allowed us to increase the number of loans and deposits to our customers last year and to be even more involved within our community.  Our hard work in 2009 will benefit all our customers and GF teammates in 2010 and beyond.

Looking Forward in 2010

We continue to bring new products and services to individuals and businesses to better serve their needs.  One such example is our new Greenville Federal website.  You are here now, so what do you think?  We have received rave reviews and 9 out of 10 people who took our survey rated our new website as “Excellent”.  We constantly hear from people who enjoy the many resources our website offers.  From our local weather report to our community calendar to the easy sign-on to our FREE On-Line Banking and FREE Bill-Pay.  Children and students love our Kids Corner and Money Matters for Students and adults use our financial calculators daily.  Another improvement we have made is with our new lobby and drive through hours.  We are now open earlier and have tellers available from 8:00 am to 7:00 pm (EST) Monday through Friday and 8:00 am to 3:00 pm (EST) on Saturday.  We also provide banking 24/7 at Greenville Federal with our easy to use FREE On-Line Banking services.  As you can see we are all about convenience and customer service!  We have also made it easier for people to save money by lowering our minimum amount to open a CD or IRA.  Our new personal and business checking and savings accounts are “best in class” so if you don’t have your personal or business deposit account with us, you are probably not getting the best deal in town.  And don’t forget to get your FREE gift when you open one of our new GF FREE Checking accounts.  Also, a unique product only available at Greenville Federal is our Spirit Checks.  This popular check, with local school mascots on them, is a hit with our schools and is an easy way to show true team spirit.  Our Spirit Checks program supports local schools by giving money back to the school every time a customer places a Spirit Check order.  What a great  way to support your local school.  These are just a few of the new products and services we’ve implemented so far this year.  Stay tuned.  There’s more to come!

Our Strength and Stability set us Apart

In the past year, we conducted a complete review of our company from top to bottom, A to Z, and what we found were several areas where we could be a more efficient bank.  By conducting a thorough exam of our operations, we discovered efficiencies that have allowed us to pass along savings to all of our customers by the way of higher deposit rates and lower loan rates.  We are a customer-focused community bank and are proud to be able to provide lower fees and higher returns to everyone that banks with us.  By implementing prudent banking practices, having a disciplined approach to risk management, and being a good steward of our customer’s money, Greenville Federal is now in an even stronger position as a well-capitalized bank.  We will never engage in high-risk lending or try to be something other than a strong, solid, community bank.  We are FDIC insured and our depositors are protected up to $250,000 per individual for money in our checking, savings, CD’s, and IRA’s.  For over 127 years, we have served our community with integrity and pride and we will continue to let our strength be a comfort to our customers.

The Oldest Bank Headquartered in Greenville, Ohio

Our rich heritage dates back to 1883 and we are proud to be the oldest bank headquartered in Greenville, Ohio.  At Greenville Federal, we are proud to be a part of the history of our community and are excited about our community’s future.  We have been here for over 127 years and we are your friends, your neighbors, and your community volunteers.  Our top priority is to provide the best customer service and banking experience anywhere and to truly know each and every one of our customers, which is rare in today’s banking environment.  The one thing we are not is a bank that pushes products.  Instead, we want to be a partner with our customers and for them to not be just a number, like at so many banks today.  We have our customer’s best interest at heart and treat them like family.  I encourage you to talk with one of our GF teammates and find out why so many people in our community choose to bank at Greenville Federal.

Thank you

As your President, I want to thank you for banking with us.  It is an honor to serve you.  I also want to thank all of our Greenville Federal teammates for the job they do day-in and day-out.  I am very proud to be a part of the GF Team and look forward to continuing our record of improvement.  I, and all of my GF teammates, will also pledge to be more involved in our community by volunteering for the many projects we are fortunate to have in the Greenville area.  As you can tell, we are proud to be a true community bank.  Greenville Federal is a bank that has been here for over 127 years serving the community with pride and distinction.  This is where we live, work and play just like our customers and we want everyone to stop in and see why so many people are making the switch to Greenville Federal.  It would be an honor to visit with you to see just how we may be of service.  Stop by and let’s talk.

Sincerely,

Jeff D. Kniese, President & CEO