"Our experience with [Greg Yurco at] Cortland Banks was so positive, we felt comfortable referring a longtime attorney friend who also had a financial need. Cortland Banks put together a great package utilizing various resources, resulting in another satisfied customer."

- Bruce & Patricia Berry | Sleepy Hollow Sleep Shop
Cortland office

About Cortland Banks

The Cortland Savings and Banking Company is a full-service state bank engaged in commercial and retail banking services. Business is conducted at a total of 14 offices in Ashtabula, Mahoning, Trumbull, Geauga and Portage counties, employing approximately 177 people.


 

Timeline of Cortland Banks:

1892: The First National Bank of Cortland receives its Charter & opens for business in April. Mr. William Wartman was the Bank's first president.
1911: The First National Bank of Cortland drops its national charter and switches to a state chartered bank adopting the name of The Cortland Savings and Banking Company.
1963: First branch opens in Brookfield.
1971: Mr. Lynn Morey retires as President, (1946-71). Donald J. Althouse elected as President.
1972: Vienna branch opens.
1975: Bristolville branch opens.
1976: Mr. Althouse retires as President (1971-1976). Mr. Rodger W. Platt is elected President of the Bank.
1979: Hiram & Windham acquired. Williamsfield opens. Total assets reach $100 million.
1982: CSB stock splits 5 for 1.
1983: Forms a new department offering full Trust Services.
1985: Holding Company acquires CSB stock in an exchange for Cortland Bancorp Stock.
1985: The Warren office on Elm Road opens and quickly becomes our third largest office. Total assets hit $200 million.
1987: The Mantua, Portage County office is purchased and the Hubbard office opens. The 13,000 sq. ft. expansion of the Bank’s main office is completed. Mr. Platt is named chairman.
1988: Cortland Bancorp stock pays a 50% stock dividend (3 for 2 split).
1988: Capital increases by $2.6 million through Shareholder Rights Offering. Dividend Reinvestment Program is initiated. Assets top $300 million.
1989: Annual stock dividend begins
1992: 100 Year celebration!
1995: The eleventh office opens in Niles.
1995: North Bloomfield is the twelfth office.
1997: Boardman is the first branch in Mahoning County.
1998: Stock splits 3 for 1. Assets hit $400 million.
1998: Construction of new Mantua office occurs.
1999: Hiram is consolidated with new Mantua office.
1999-2000: Niles Park office opens & Niles Village closes.
2000-2004: Stock repurchase programs are launched.
2002: Victor Hills opens in Boardman.
2005: Lawrence Fantauzzi takes over as Mr. Platt retires from Presidency (1976-2005) and 42 years with the Bank.
2006: Construction of the new Windham office begins in October.
2007: The new freestanding Windham office opens in May on Maple Grove Road.
2008: Construction begins on the new Brookfield office in January. The new Brookfield office opens in June.
2008: Middlefield opens as first branch in Geauga County in May, for a total of 14 offices.
2008: Construction begins in June on the new North Lima office, and opens in November 2008.
Member FDIC
Equal Housing Lender
© 2010 Cortland Banks  |  Privacy Policy
Site Map  |  Contact Us  |  Careers  |  News Room  |  About