Meet Your Banker: Megan Cline

Today we continue our “Meet Your Banker” series by talking with Megan Cline. Megan is the Branch Manager of our Pickaway County Banking Center in Commercial Point.

Megan Cline

Megan Cline is the Branch Manager of our Pickaway County Banking Center in Commercial Point.

Ask Megan to describe her job and she immediately hones in on the people – the customers, community and bank employees she interacts with daily.

She started in banking at the age of 18, fresh out of high school and ready for a career. She worked as a teller at another community bank before moving on to a credit union and another corporate bank, gaining supervisory experience along the way. In all, she’s been a teller, a teller supervisor and a personal banker. She actually worked for the Citizens Bank of Ashville at the time this bank joined the VCNB Financial Family in 2014.

Megan has been the Branch Manager at Commercial Point since last fall and says that supervising and helping others in their career is one of the most rewarding parts of her job. “I like a lot of what I do but the biggest part for me is helping people get what they want out of their careers and helping them advance,” she said.

She enjoys spending doing good in the community. “We were really excited because we had just formed a partnership with the Pickaway County Dog Shelter when all this started. We’ll be donating our time at some of their events and donating money to help with things they need. That’s the best part of the job – just being able to help others.”

She also serves on the board for Fishing Has No Boundaries, an organization that provides people with disabilities the opportunity to go fishing and promotes this recreational activity as something accessible to all. She had been looking forward to helping with their spring event and to the bank helping sponsor the event until COVID-19 forced its cancellation. “It’s a great cause and helps all kinds of people with special needs. I just love it.”

The Ashville native is a graduate of Teays Valley Local Schools and has two little boys. “They’re four and eight so I’m busy with them. They’re pretty much my whole life outside of work,” she laughed.

On the Go? We Can Help!

On the go? We can save you time! With just a few simple steps, Online Banking at VCNB can save you time during this busy holiday season. You ask how? Here are just a few things you can do online that will help!

Schedule Bill Payment
Who has time to write checks, search for a parking space at the post office and then stand in line for stamps? By using Online Bill Pay, you Couple on computercan pay all your bills without checks or stamps. Just enter some basic information about your account with the business you are paying and we take care of the rest. You can schedule payments either for one time or for automatic payment. While you’re at it, get a jump on 2015 by scheduling bills for payment in January. Done and done.

Be a Payback Hero
If you have Online Bill Pay, you also have Popmoney ®. This personal payment service allows you to send and receive money with the same ease as sending an email or text message. All you need is the recipient’s email address or mobile phone number to send them funds from your VCNB Online Account. The cost is .50 per transaction, making Popmoney cheaper than writing and mailing a check to someone. With Popmoney you can payback a friend or relative or even send monetary gifts to loved ones far from home this season.

Transfer Funds
We welcome you to visit the bank as often as you like but we understand that folks are busy. If you just need to transfer funds from one account to another, you can take care of that through Online Banking. It’s as easy as 1-2-3. When you log in to Online Banking, just look for the Transfers tab.

Check Balances
While you’re logged in, check your balances and activity. Contact Customer Service immediately if you believe there are fraudulent charges on your account. And of course, make sure you really have the money you think you should have. After all, being one of Santa’s elves can be expensive and it’s easy to lose track of what you are spending.

If you are not internet savvy or are on the go, remember that our Telebanc telephone service is available 24 hours a day. Call 1-800-317-5990 to check your balances, review account activity, transfer funds and make payments. It’s easy to use and free!

This is a busy time of year. Trim the trouble of banking from your list and just enjoy the season!

Welcome Citizens Bank of Ashville Customers!

The VCNB financial family is growing! We are excited to welcome the customers and employees of The Citizens Bank of Ashville to VCNB.

VCNB and Community Bancshares, Inc. have announced the completed acquisition of The Citizens Bank of Ashville, effective the close of business on Friday.

The offices, located in Ashville, Circleville, Grove City and Commercial Point, enlarge the VCNB footprint and provide VCNB customers a total of seventeen locations for their banking needs. When they opened today, the Ashville, Circleville and Commercial Point branches began operations as Pickaway County Banking Center. The Grove City location now operates as Franklin County Banking Center.

As our family grows, we have been reflective about our origins and the core values that make us who we are.

We were founded in McArthur, Ohio in 1867. As a community bank, we take pride in adopting community identities everywhere we do business. This is evidenced in a variety of ways, starting with the names of our local branches and extending through community support initiatives and substantial employee volunteerism efforts.

Because we are a community bank, decisions are made locally. The loan officers, tellers and new accounts representatives you interact with daily live in your community and have a stake in the wellbeing, not just of the bank but of the people and towns where we do business. Our Customer Service Department is located in McArthur and the people you reach by phone or by online chat are invested in giving great customer service.

In short, we love our communities!

As you may imagine, there is a lot of work and detail involved in acquiring a bank and bringing those customers and employees into the VCNB family. That’s why we have created a Welcome Guide to help our new customers through the process.

If you are a new VCNB customer, WELCOME ABOARD! We are excited to have you with us and eager to get to know you. For the most part, the employees you are accustomed to seeing in your local offices haven’t changed. We may make some physical changes in the offices but you will receive the same great service you are accustomed to and deserve.

For now, our new Citizens customers will be able to bank and receive customer service assistance just in Ashville, Grove City, Commercial Point and Circleville. Starting on January 20, 2015, you will be able to bank at any of our seventeen locations.

You will be also hearing from us more over the next few months and hope you will feel welcome to contact us if you have questions.

Our existing customers can begin banking in the new locations today. We now have seventeen offices in Vinton, Ross, Hocking, Fairfield, Licking, Pickaway and Franklin counties.

Do you have questions? We would love to hear from you! Remember, following this blog is a great way to keep up with VCNB news. You can also follow us on Facebook and Linkedin. Check our website for updates as well.




VCNB and Citizens Bank of Ashville announce agreement to merge

McARTHUR, Ohio/Ashville, Ohio — McArthur, Ohio-based Community Bancshares, Inc. (“CBI”), parent company of The Vinton County National Bank, and The Citizens Bank of Ashville (“Citizens Bank”), announced today the signing of a definitive agreement under which Citizens Bank will merge with Vinton County National Bank.

Under terms of the agreement, CBI will pay $40.00 per share in cash for all of the outstanding shares of Citizens Bank. The aggregate deal value of $12.2 million represents 141 percent of Citizens Bank’s tangible book value per share as of March 31, 2014.

Citizens Bank, with total assets of approximately $105 million as of March 31, 2014 and total equity of $8.7 million, operates three offices in Pickaway County and one in Franklin County, Ohio. Vinton County National Bank operates 13 branches in seven counties situated in the central and southeast regions of Ohio. As of March 31, 2014, Vinton County National Bank reported $765 million in total assets and $89 million in total shareholders’ equity.

When completed the transaction will create a 17 – office community bank operating in seven counties, with approximately $870 million in total assets, $560 million in total loans and $750 million in deposits.

Michael J. Lamping, President and CEO of Citizens Bank, said, “We are excited and fortunate to be joining with one of the oldest and most successful community bank franchises in Ohio. Once the merger is completed our business and consumer banking customers will have immediate access to a broader array of deposit and loan products, substantially more locations and state-of-the-art technology-based banking services. The combined companies will extend from Columbus, south along the U.S. 23 and U.S. 33 corridors, creating an attractive market area with many future opportunities,” Lamping added. “CBI is very committed to the Pickaway County market as their strategy includes active community involvement. Citizens’ four offices will continue as community banking centers and Citizens will have representation on the CBI Board of Directors.”

“Citizens Bank’s Grove City office in suburban Columbus and its three Pickaway County locations expands our footprint in two strategically important markets,” said CBI President and CEO Thomas D. Will. “Citizens Bank has been providing exemplary service to its customers for nearly 120 years and its community bank personal service model fits well with our own community bank, customer-centric culture,” Will added.

The transaction is expected to close by year-end 2014, subject to regulatory and shareholder approvals.

Austin Associates, LLC has acted as financial advisor and Shumaker Loop & Kendrick, LLP is legal counsel to CBI in connection with the transaction. Performance Trust Capital Partners served as financial advisor and Tucker Ellis, LLP is legal counsel to Citizens Bank in the transaction.