CONSUMERS BANCORP INC /OH/

What CONSUMERS BANCORP INC /OH/ does

Consumers Bancorp, Inc. is an Ohio-incorporated bank holding company publicly traded on the OTCQX market under ticker CBKM. The company operates primarily through its wholly-owned subsidiary, Consumers National Bank, a community-chartered, FDIC-insured bank founded in 1965 and headquartered in Minerva, Ohio. A second wholly-owned subsidiary, CNB Insurance Services, extends the company into insurance products. The holding company reports under U.S. GAAP and serves consumers, families, and small-to-medium-sized businesses across Northeast Ohio.

Consumers National Bank runs a 25+ branch distribution network spanning Adena, Alliance, Bergholz, Boardman, Brewster, Calcutta, Canton (two locations), Carrollton, Dillonvale, East Canton, Fairlawn, Green, Hanoverton, Hartville, Lisbon, Louisville, Malvern, Massillon, Minerva (HQ), Mt. Pleasant, Salem, Waynesburg, Wellsville, and Wooster. The product set spans personal deposit accounts (Brilliant High Yield Checking, Consumers Relationship Checking, Bright, Fast Track Pay, savings, money market, CDs, IRAs, HSAs, Youth Savings), a full mortgage suite (conventional, FHA/VA/USDA, Fannie Mae/Freddie Mac, Community Difference, bridge, ARM, single-close construction-to-permanent up to 95% LTV, home equity, HELOC, and the branded "Debt Crusher" debt-consolidation loan), consumer credit (auto, recreation, personal installment, line of credit, Visa cards), and a full business banking line including SBA 504/7(a) loans, commercial real estate, commercial construction, agricultural, equipment and specialty term loans, plus a three-tiered business checking stack and treasury management services (ACH/payroll, wires, Remote Deposit Capture, Positive Pay, Merchant Card Processing via FinNet, Sweep Accounts, ZBA, Business Bill Pay, and Re$ubmitIt check recovery). The digital banking platform integrates bill pay, mobile check deposit, P2P payments, Zelle, Autobooks accounting, Mobile Pay, and online alerts, and the mortgage origination channel is supported by an nCino-powered online application portal.

The business model is a traditional community-bank spread-and-fee structure. Net interest income is earned on the loan portfolio (residential, construction, FHA/VA/USDA, commercial real estate, SBA, agricultural, equipment, auto, personal, home equity) and offset by interest paid on deposits (checking, savings, money market, CDs, IRAs). Non-interest income is generated from treasury management service fees (ACH, wire, merchant card, remote deposit, positive pay), overdraft fees, credit card fees, processing/origination fees on lending products (e.g., $750 Debt Crusher processing fee, $250 auto loan processing fee, $50 HELOC annual fee, early termination fees), and insurance commissions through CNB Insurance Services. Distribution is hybrid: relationship-driven direct sales by named local mortgage originators, business banking officers, and treasury management specialists located across the branch network (including dedicated Boardman Loan Center and Wooster Business Lending Office), supplemented by self-serve digital channels. Marketing emphasis is on community-rooted service, with content marketing (financial calculators, fraud-prevention education, customer testimonials, product landing pages) and a presence across Facebook, Instagram, Twitter, YouTube, and LinkedIn. The CEO, Ralph Lober, conducts direct customer engagement including site visits and ribbon cuttings, reinforcing the relationship-banking positioning.

Name

CONSUMERS BANCORP INC /OH/

Legal name

Consumers Bancorp, Inc.

Website

https://consumers.bank

Company type

Public

Founded year

1965

Operating status

Operating

Short description

Consumers Bancorp, Inc. is an Ohio bank holding company (OTCQX: CBKM) operating Consumers National Bank, a community-chartered, FDIC-insured bank founded in 1965 that serves individuals and SMBs across Northeast Ohio through 25+ branches, a full deposit/mortgage/business-lending suite, and integrated digital and treasury management channels.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221), Commercial Banking (52211), Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industries

Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE), Financial Inclusion & Basic Banking (Unbanked/Underbanked, Low-Fee Accounts) (FSABAAAL)

Keywords

• Community banking services
• Consumer lending products
• Commercial real estate loans
• Treasury management services
• Mortgage loan programs

Headquarters

HQ city

Minerva

HQ country

United States

HQ region

North America

Offices25 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Net Interest Income: Interest income earned on loan portfolio including mortgages (residential, construction, FHA/VA/USDA), commercial real estate loans, SBA loans, agricultural loans, equipment loans, auto loans, personal loans, and home equity products. Offset by interest paid on deposit accounts including checking, savings, money market, CDs, and IRAs.
2. Non-Interest Income: Fee income from digital banking services, treasury management services (ACH, wire transfers, merchant card processing, remote deposit capture, positive pay), overdraft fees, wire transfer fees, and credit card services.
3. Home Equity Loan Fees: Processing fees, annual fees, and early termination fees associated with home equity products.
4. Insurance and Related Services: Insurance products offered through CNB Insurance Services subsidiary; affiliated companies include Consumers Bancorp, Inc., Consumers National Bank, and CNB Insurance Services.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Consumers National Bank, the operating subsidiary of Consumers Bancorp Inc., is a community bank providing deposit accounts, consumer and commercial lending, mortgage products, treasury management, and insurance services to individuals, families, and businesses across Northeast Ohio. The bank combines traditional branch-based relationship banking with a digital banking platform offering online/mobile banking, bill pay, mobile check deposit, Zelle P2P payments, and integrated accounting tools.

Product overview

Consumers National Bank operates as a traditional community bank offering a unified suite of deposit, lending, and digital banking products. Its consumer banking line includes multiple checking account tiers (Brilliant High Yield Checking, Consumers Relationship Checking, Bright Checking, Fast Track Pay), a full spectrum of savings products including Dimes to Dollars Savings, Money Market accounts, HSAs, CDs, IRAs, and a Youth Savings account. The mortgage lending suite covers home construction loans, government-backed FHA/VA/USDA programs, conventional loans, GSE-supported Fannie Mae/Freddie Mac loans, Community Difference community lending, bridge loans, and adjustable-rate mortgages, alongside home equity loans and the branded Debt Crusher consolidation loan. Personal credit products include auto loans, recreation loans, personal installment loans, and a revolving line of credit. The business banking division provides three-tiered business checking accounts, business savings and money market products, SEP-IRAs, and business HSAs. Business lending encompasses SBA loans, commercial real estate and construction loans, agricultural loans, equipment financing, specialty loans, and a Business Visa credit card. Treasury management services include ACH/payroll processing, wire transfers, Remote Deposit Capture, Positive Pay fraud prevention, Merchant Card Processing (via FinNet), Sweep Accounts, Business Bill Pay, ZBA structures, and Re$ubmitIt check recovery. The digital banking platform serves as the central hub for all online and mobile services, integrating Bill Pay, Mobile Check Deposit, P2P Payments via Zelle, Autobooks accounting, Online Banking Alerts, and Mobile Pay. The bank also offers an Auto Refinance Special promotion and provides a suite of Financial Calculators for customer planning.

Differentiator

Problem solved

Functional benefit

Products and services

• Online & Mobile Banking

Quantifiable outcome

• First Choice Electrical Solutions grew from startup to 20+ employees with CNB capital support
• +3 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature3 records

Partnerships

One partnership is on record.

• North Coast Design Build CompanyminorStrategic or Co-development PartnerNorth Coast Design Build Company is referenced as a partner/referrer whose CEO Mike Cloud recommended Consumers National Bank to Horizon Education Centers for their commercial real estate project, citing the bank's partnership approach and ease of collaboration.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Huntington Bancshares: Large Ohio-headquartered regional bank with major presence across the Midwest. Provides full-service consumer and commercial banking across Consumers' core markets, representing the dominant regional incumbent that Consumers competes against for deposit and SMB relationships.
• Fifth Third Bancorp: Major Cincinnati-headquartered regional bank with extensive Ohio branch network and full-service consumer/business banking. A broad incumbent competitor that competes with Consumers for retail deposits, mortgages, and commercial relationships in Ohio.

Direct peers

• Farmers National Banc Corp. Ohio community bank holding company operating Farmers National Bank with branches across Northeast Ohio. Directly comparable on geography (overlap with Consumers' footprint) and product mix including commercial, agricultural, and consumer lending.
• United Bancshares, Inc. (OH): Ohio-based community bank holding company operating United Bank in Northwest Ohio. Comparable in scale, single-state community bank focus, and SBA/commercial/consumer lending products to Consumers.
• S&T Bancorp: Pennsylvania-based community bank holding company with a comparable branch-driven retail and commercial banking model. Similar in size, product mix, and regional community bank identity to Consumers.
• First Financial Bancorp: Ohio-headquartered bank holding company with significant branch presence across Ohio, Indiana, and Kentucky. Comparable community/regional banking model with similar consumer and commercial lending products, though larger in scale.
• LCNB Corp. Ohio-based community bank holding company with branches concentrated in Southwest and Central Ohio. Comparable in scale, community banking focus, and offering similar personal/business deposit and lending products to Consumers.
• WesBanco, Inc. Bank holding company operating in Ohio, West Virginia, and Pennsylvania with community banking model and comparable SBA, commercial real estate, and consumer lending product suites. A meaningful comparable on multi-state community bank positioning.
• Park National Corporation: Ohio-based community bank holding company operating a multi-branch retail and commercial banking franchise across the state. Highly comparable to Consumers in operating model, geographic focus on Ohio, and full-service product suite including SBA lending.
• Civista Bancshares: Ohio-based community bank holding company with a branch network in Ohio and adjacent markets. Closely comparable in size, community banking model, and SBA/commercial lending focus to Consumers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ConsumersNationalBank

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about CONSUMERS BANCORP INC /OH/