Consumers National Bank

Consumers National Bank is an Ohio-based community bank operating 25 branches across Northeast Ohio, serving individual consumers, small and medium businesses, and agricultural operations with deposit, lending, treasury management, and digital banking services.

Company typePublic
Founded1965
HeadquartersMinerva, United States
Headcount101–250
GTM typeB2B and B2C
OfferingServices

What Consumers National Bank does

Consumers National Bank is a community banking franchise headquartered in the Canton, Ohio area and operating 25 branch locations across Northeast Ohio. The bank, founded in 1965, is a wholly owned subsidiary of publicly traded Consumers Bancorp Inc. (OTCQX: CBKM). It serves individual consumers, small and medium businesses, and agricultural operations with a full suite of deposit products (checking, savings, money market, CDs, IRAs, HSAs), consumer and commercial lending (mortgages, SBA loans, commercial real estate, agricultural loans, equipment financing, personal and auto loans), and treasury management services (ACH, payroll, wire transfers, remote deposit capture, positive pay, merchant card processing). Wealth management and investment advisory services are delivered through a referral partnership with Raymond James Financial Advisers rather than in-house. Revenue is generated primarily through net interest income on the loan portfolio, supplemented by deposit service charges (overdraft, maintenance, transaction fees), treasury management fees, and Raymond James referral fees.

The bank operates a hybrid distribution model combining a physical branch network of 25 Ohio locations with digital banking channels. Its online and mobile banking platform supports account management, bill pay, mobile check deposit, Zelle-based P2P payments, mobile pay, and is integrated with third-party services including Autobooks (SMB invoicing and bookkeeping) and FinNet (merchant card processing). The technology stack is described as a standard banking platform with digital banking capabilities rather than proprietary core infrastructure; the bank's stated technology differentiator is operational rather than technical — local lenders making local credit decisions, paired with FDIC insurance, BBB accreditation, and Equal Housing Lender designation. Fraud detection via structured-data anomaly monitoring is the only disclosed AI/ML application.

The go-to-market motion is community-led: relationship banking with personalized service and locally authorized decisions, complemented by digital channels as supplementary infrastructure. Marketing channels are primarily the company website, blog content (financial tips, fraud alerts, homebuyer education), published customer testimonials, and investor relations communications. The bank does not disclose pricing publicly for most services, operating on quote-based pricing for loans and published-rate deposit products.

Consumers National Bank firmographics

Firmographics

Name: Consumers National Bank
Legal name: Consumers National Bank
Website: https://consumersbank.com
Company type: Public
Founded year: 1965
Operating status: Operating
Headcount range: 101–250 employees
Short description: Consumers National Bank is an Ohio-based community bank operating 25 branches across Northeast Ohio, serving individual consumers, small and medium businesses, and agricultural operations with deposit, lending, treasury management, and digital banking services.
Ownership category
akta.pro rank

Consumers National Bank industry classification

Industry

Product category: Retail Banking
NAICS: Commercial Banking (52211), Depository Credit Intermediation (5221)
SIC: National Commercial Banks (6021), State Commercial Banks (6022)
akta.pro primary industry: Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
akta.pro secondary industry: Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB)

Keywords

Community banking
Retail banking services
Commercial lending
Mortgage loans
Treasury management

Where Consumers National Bank is headquartered

Location

Headquarters

HQ city: Minerva
HQ country: United States
HQ region: North America

Offices24 records

Markets served

Consumers National Bank business model

Business model

GTM type: B2B and B2C
Offering type: Services
Cost components: Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

Interest Income: Primary revenue from interest earned on loans including commercial loans, real estate mortgages, consumer loans, and agricultural loans
Deposit Service Charges: Fees from checking account services including overdraft fees, maintenance fees, and transaction fees
Treasury Management Services: Fees for business services including ACH and payroll processing, wire transfers, merchant card processing, remote deposit capture, and positive pay
Wealth Management Referral: Referral fees from partnership with Raymond James Financial Advisers for investment and wealth management services

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Consumers National Bank product offering

Product offering

Core offering

Consumers National Bank is a community bank providing personal and business banking products and services through 25 physical branch locations across Northeast Ohio combined with online and mobile digital banking channels. Core offerings include deposit accounts (checking, savings, CDs, IRAs), consumer lending (mortgages, auto, personal loans), commercial lending (SBA loans, commercial real estate, agricultural loans), treasury management services, and merchant card processing.

Product overview

Consumers National Bank is a Northeast Ohio community bank offering a comprehensive suite of banking products and services through both physical branch locations and digital channels. The bank's product portfolio is organized into three main pillars: (1) Business Banking including Business Checking accounts (Business Entrée, Business Complete, Business Ultimate), Business Savings, and commercial lending products; (2) Personal Banking including Personal Checking (Brilliant High Yield, Consumers Relationship, Bright, Fast Track Pay), Personal Savings/CDs/IRAs, and consumer lending; and (3) Digital Banking services accessed via Online & Mobile Banking platform, which integrates third-party services like Zelle for P2P payments, Autobooks for business accounting, and Mobile Check Deposit for remote check deposits. The bank also offers specialized mortgage products, treasury management services, and HSA accounts.

Differentiator

Problem solved

Functional benefit

Products and services

Online & Mobile Banking Digital banking platform enabling customers to access accounts, manage finances, and conduct transactions through web and mobile applications with bill pay, P2P payments, Zelle, mobile check deposit, and mobile pay capabilities.
Business Checking Business deposit accounts including Business Entrée Checking, Business Complete Checking, and Business Ultimate Checking with varying features and benefits for businesses.
Personal Checking Personal deposit accounts including Brilliant High Yield Checking, Consumers Relationship Checking, Bright Checking, and Fast Track Pay for individual consumers.
Business Savings Business savings products including Standard Savings Account, Business Money Market, Health Savings Account (HSA), Individual Retirement Account (IRA), and Simplified Employee Pension (SEP).
Personal Savings, CDs & IRAs Personal savings options including Dimes to Dollars Savings, Personal Savings, Money Market Savings, Youth Savings, HSA, Certificates of Deposit (CDs), IRA, and Holiday Savings.
Business Loans & Credit Commercial lending products including SBA Loans, Business Term Loans, Commercial Real Estate Loans, Commercial Construction Loans, Specialty Loans, Agricultural Loans, Equipment Loans, and Business Visa Credit Card for businesses.
Personal Loans & Credit Consumer lending products including Personal Loans, Recreation Loans, Auto Loans, Credit Card Services, and Consumers Reserve Personal Line of Credit for individuals.
Mortgage Loans Home financing products including Home Equity Loans/HELOC, Home Construction Loans, FHA VA and USDA Loans, Conventional Loans, Fannie Mae and Freddie Mac Loans, ARM Mortgage, Bridge Loans, Ohio Homebuyer Plus, and Community Difference programs for homebuyers.
Treasury Management Services Cash management services for businesses including ACH and Payroll, Wire Transfers, Remote Deposit Capture, Positive Pay, Merchant Card Processing, Sweep Accounts, Business Bill Pay, and ZBA (Zero Balance Accounts).

Companies that use Consumers National Bank

Customer profile

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Consumers National Bank technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability2 records

Feature3 records

Consumers National Bank partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

Raymond James Financial AdvisersminorChannel Partner/ Reseller/ DistributorReferral partnership for wealth management and investment advisory services. Consumers National Bank refers customers seeking investment and wealth management services to Raymond James Financial Advisers.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Consumers National Bank competitors and assessment

Company assessment

Direct peers

Park National Corporation: Park National is an Ohio-headquartered community bank holding company with a comparable footprint of community banking subsidiaries, similar SMB and consumer lending products, and a regional operating model directly comparable to Consumers Bancorp.
WesBanco, Inc. WesBanco is a multi-state community bank holding company operating in Ohio, West Virginia, and Pennsylvania with retail, commercial, and mortgage banking—directly comparable geographic and product overlap to Consumers National Bank.
S&T Bank: S&T Bank is a Pennsylvania-headquartered community bank with a similar branch-based retail and commercial banking model, comparable asset size, and overlapping SMB and consumer lending focus—making it a close functional peer to Consumers National Bank.
Civista Bank: Civista Bank (now part of Park National) operates as a community bank across Ohio with retail, commercial, and agricultural lending—a direct functional peer given similar Ohio geography and SMB focus.
Premier Financial Corp: Premier Financial is a Defiance, Ohio-based community bank holding company focused on commercial and consumer banking in Ohio and Michigan—directly comparable size, geography, and product mix to Consumers National Bank.
First National Bank of Pennsylvania (F.N.B. Corporation): F.N.B. Corporation operates First National Bank of Pennsylvania, a community bank with retail, commercial, and treasury management offerings in Pennsylvania and Ohio—directly comparable branch-based community banking model.
First Financial Bancorp: First Financial is a Cincinnati-based community-oriented bank holding company with commercial, retail, and wealth businesses across Ohio, Indiana, and Kentucky—comparable in business model and Ohio market presence to Consumers National Bank.

Broad incumbents

Fifth Third Bank: Fifth Third is a Cincinnati-based large regional bank with retail, commercial, treasury management, and wealth services across Ohio—a broader incumbent competing for the same SMB and retail deposit base.
Huntington Bancshares: Huntington is a large Ohio-headquartered regional bank with a comprehensive retail, commercial, wealth, and treasury management franchise—operates in the same Ohio geography with overlapping products but at substantially greater scale.
KeyCorp: KeyCorp is a Cleveland, Ohio-based large regional bank with full-service commercial, retail, and wealth offerings—a much larger incumbent competitor sharing the same Northeast Ohio geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Consumers National Bank compliance and trust

Trust signal

Compliance2 records

Consumers National Bank financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Consumers National Bank leadership team

Management profile

Number of profiles

Consumers National Bank subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Consumers National Bank funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Consumers National Bank M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Consumers National Bank

What does Consumers National Bank do?

Is Consumers National Bank a public or private company?

Consumers National Bank is a public company. It is classified as public and is currently operating.

When was Consumers National Bank founded?

Consumers National Bank was founded in 1965. It employs 101 to 250 people.

Where is Consumers National Bank based?

Consumers National Bank is headquartered in Minerva, United States, in the North America region.

How does Consumers National Bank make money?

Four revenue lines are on record. Interest Income is the primary driver. The others are deposit Service Charges, treasury Management Services and wealth Management Referral.

Who are Consumers National Bank's main competitors?

Direct peers on record are Park National Corporation, WesBanco, Inc., S&T Bank, Civista Bank, Premier Financial Corp, First National Bank of Pennsylvania (F.N.B. Corporation) and First Financial Bancorp. Broad incumbents are Fifth Third Bank, Huntington Bancshares and KeyCorp.

Does Consumers National Bank have an API?

No public API is recorded for Consumers National Bank.

What industry is Consumers National Bank in?

Consumers National Bank's product category is Retail Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAB, Retail Lending (Personal Loans, Auto, Credit Lines). Its NAICS code is 52211 and its SIC code is 6021.