Are You Using Direct Deposit for Payroll?

Why You Should…direct-deposit-art

There is more expense involved with paying your employees than just the cost of their salary. According to the cost of cutting paper checks each week ranges from $2.87 to $3.15 per check. This can add up for companies who employee hundreds of people. In addition, there is the time required to physically print the checks, stuff them in envelopes and distribute them to your employees. Lost or stolen checks are a common source of identity theft as well, so that threat would be minimized by switching to electronic direct deposit.

How does it work?
An employee simply needs to provide a void deposit slip with their banking account information. The employer then inputs that information into a file to have their pay electronically transferred from the business’s account to the employee’s bank account. This can easily be done by creating a template within Citizens National Bank’s Online for Business software.

Will my employees like it?
Your employees will appreciate the time they will save by not having to run to the bank each week to cash their check. Also, they can determine if they would like the amount split between accounts so they can easily set up an automatic savings plan. If the employee is on vacation, he will still have access to his funds which he can access via ATM or through online banking.

What if my employee does not have a bank account?
Even if your employee does not have a traditional bank account, he can still take advantage of direct deposit through prepaid reloadable cards. Citizens National Bank offers these convenient Visa®-branded cards as an alternative to a checking account. Payroll can be direct deposited right to the card and the employee can use it at an ATM to access cash* or at any vendor that accepts Visa® cards.

To learn more about setting up Direct Deposit or offering prepaid cards, contact Amy Yochum, Treasury Management, at or by phone at 800-262-4663.

*Fees may apply.

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Local Banker, Andy Althaus, Graduates from Bank Leadership Program

Althaus_Andy_BLIAndy Althaus, SVP, Accounting at Citizens National bank, recently graduated from the Bank Leadership Institute at the Ohio Bankers League. He was one of only 20 bankers from across Ohio to complete the program this year. Bank Leadership Institute focuses on leadership skills development such as strategic planning, risk management, presentation, coaching and mentoring, team-building, negotiation and mediation, regulatory structure and environment, the legislative process and more. The BLI program also included participation in the OBL Washington DC Fly-In which provided experience in bank lobbying at the national level.

Althaus has been with Citizens National Bank since 1989. Andy is a member of the St. Mary’s Catholic Church. He resides in Bluffton with his wife, Danielle, and daughter, Adelyn.

For more information about the 2015-2061 Bank Leadership Institute program, visit the OBL Web site at

Citizens National Bank Named a Top Performer

Independent Banker Highlights the Nation’s Top-Performing Community Banks

Bluffton, OH (May 2015)— In its May Issue,  Independent Banker®, the award-winning magazine of the Independent Community Bankers of America (ICBA),  recognized Citizens National Bank, Bluffton, OH, as an ICBA Top Performer. This recognition is based on Citizens National Bank’s 2014 year-end earnings and operational efficiencies.

“Whether serving rural, suburban or large metropolitan areas, community banks operate with the same focus by always putting their customers and communities first,” said Chris Lorence, ICBA executive vice president and chief marketing officer. “The community banks featured on Independent Banker’s Top Performers listings know their local markets and thrive because they stay true to the principles of community banking while showcasing drive, ingenuity and community commitment. These high-achieving community banks demonstrate integrity, enthusiasm and inventiveness in the financial industry, and ICBA is proud to recognize them for their outstanding efforts.”

As part of its annual performance rankings of ICBA member institutions, Independent Banker pulled year-end FDIC data to identify the community banks in six asset-size categories, both for Subchapter C corporation and Subchapter S corporation banks. Each top listing measures community banks by their return on average assets (ROA) and return on average equity (ROE) ratios for all of 2014. Citizens National Bank was ranked 24th in Subchapter S return on assets (ROA) and 17th in Subchapter S return on average equity (ROE).

“We are delighted to again be recognized as an ICBA Top Performer,” said Mike Romey, President/CEO of Citizens National Bank. “We credit our loyal customers and dedicated employees for our continued success. We look forward to serving the unique needs of our markets and helping them grow and prosper in the years to come.”

To see the ICBA Top Performers listings, read the article “The Best of the Best” on ICBA Independent Banker’s website at

About ICBA

The Independent Community Bankers of America®, the nation’s voice for more than 6,000 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit

Visa Gift Cards Make the Perfect Gift

visa gift card birthday graduation

Available now at CNB locations

If you are looking for an alternative to cash or just do not know what to buy someone, consider purchasing a Visa® Gift Card. Available in denominations from $10 to $1000, they may be purchased from any Citizens National Bank office for $4.95. These gift cards may be used anywhere Visa® is accepted and once registered may be used online as well, making them a safe alternative to using your debit card for shopping online. For birthdays, graduations and just because, give them the gift you know they will use. Stop by any Citizens National Bank office location and purchase one today!

Purchase fee of $4.95 per card. Monthly inactivity fee of $2.95 after 12 consecutive months of inactivity. Lost/stolen replacement card fee of $4.95. Gift Cards are issued by MetaBank®, Member FDIC, pursuant to a license from Visa® U.S.A. Inc.

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How Do I Set Up an Automatic Transfer in Online Banking?

man laptop

For an easy way to save, you can set up an automatic transfer from your checking account to your savings account within Online Banking. Once set up, the amount you designate will automatically transfer on the date you specify each week, month, etc… You can set it up to only do it for a few weeks or for a long period of time and the transfer may be deleted at any time if you wish to change something.

How to Set it Up:

  1. Log into Online Banking.
  2. Under Account List, choose the account you would like to transfer from.
  3. Click Transfers and New Scheduled Transfer.
  4. Select which account you would like to Transfer To, the Frequency, the Day, the Amount, the Date you want it to begin and how many transfers you would like to have and Submit.

If you want to discontinue the transfer at any time, simply click the Delete button in the Transfers list. For questions regarding this and other options for managing your money within Online Banking, contact our Customer Care Center by Live Chat or phone during business hours or submit a Contact Us form.

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Apps to Help You Achieve Your Savings Goals

woman phone apps

Jean Chatzky, Today show financial editor, highlights some apps you can use to help you achieve your savings goals.

SavedPlus: An automatic savings app. You determine what percentage of each transaction you would like to save and the app adds it up and automatically transfers that amount weekly to your savings account.

Raise: A gift card app. You can buy or sell gift cards, putting the gift card in your virtual wallet for instant savings. It is a great place to get rid of gift cards that you do not think you will use as well.

Level Money: A budget tracking app. You input your spendable money and it tracks what you spend daily, monthly and annually.

BillGuard: A credit card app. It tracks your expenses and alerts you to potentially fraudulent transactions which you can either approve or dispute directly within the app.

– See more from CNB at:

Citizens National Bank Celebrating Community Banking Month & 95 Years of Service

April recognized as Community Banking Month by the Independent Community Bankers of Americago anywhere checking

In celebration of our anniversary and in honor of Community Banking Month, every Citizens National Bank office will be serving cake to its customers on Friday, April 24 during normal business hours.

April is Community Banking Month and Citizens National Bank would like to celebrate by focusing on its 95 years of serving local communities. The bank opened its first location in Bluffton, OH in 1920. Since then we’ve grown to 8 locations, serving more than 10 counties in Ohio. The bank’s original cashier and president, Elmer Romey, is the grandfather of current President/CEO Mike Romey. The legacy of hard work, community involvement and local lending has continued to allow CNB to flourish. “When my grandfather and the local businessmen of Bluffton started this bank in 1920, their goal was to provide a trustworthy financial institution that our customers would feel confident in placing their money in and borrowing from. I truly believe we’ve fulfilled that mission and I look forward to seeing us continue to grow and provide that for the next generation,” comments Romey.

ICBA commends community banks for their continued support and advocacy of consumers and Main Street America. Across the nation, community banks operate 52,000 locations, employ 700,000 Americans and hold $3.6 trillion in assets, $2.9 trillion in deposits and $2.4 trillion in loans to consumers, small businesses and the agricultural community. ICBA Chairman Jack Hartings, comments “Community banks are relationship lenders that flourish when their customers and communities do the same. Taking care of customers and looking out for the best interest of local communities is the community banking business model. ICBA Community Banking Month gives us an opportunity to celebrate the unique and critical role they play in our local hometowns.”

Throughout the month of April, CNB customers who come into the branch will have the opportunity to register to win one of 7 gift baskets including local items from each of our branch communities. The drawing will be held on Friday, April 24 during the cake celebrations. Be sure to also check out the bank’s Facebook page for postings throughout the month highlighting the history of the bank.


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