A bank rooted in the village of Killbuck
The Killbuck Savings Bank Company was founded in the Village of Killbuck in 1900 and continues to identify itself as locally owned and operated. Its legal headquarters is at 165 North Main Street, and FDIC certificate 11860 identifies the insured institution behind the shorter Killbuck Bank and Killbuck Savings Bank brands. The bank is an Ohio state-member institution, with the Federal Reserve as its primary federal supervisor. [1] [3]
The Federal Reserve’s July 2024 community-reinvestment evaluation identifies Killbuck Bancshares, Inc., also based in Killbuck, as the bank’s sole owner. This separates ownership of the operating bank from the bank’s own balance sheet. Local ownership is part of the company’s stated operating identity, but does not by itself establish the quality of individual loans, the stability of deposits or the outcome of a weaker economic period. [3] [7]
Central Ohio reach and the Wooster addition
The current institutional overview lists twelve full-service branches across Killbuck, Berlin, Mount Hope, Millersburg, Sugarcreek, Fredericksburg, Danville, Kidron, Wooster and Apple Valley. It identifies Holmes, Knox, Wayne and Tuscarawas as the counties it serves. Several communities have more than one office, so the number of town names should not be substituted for the bank’s stated branch count. [3]
A recent expansion brought a full-service office to 445 West Milltown Road in Wooster. The official announcement scheduled its ribbon-cutting for August 12, 2025 and described it as an addition to Wayne County service. The opening helps explain the current network’s reach beyond the original Holmes County location. It is a branch-development event, not evidence that Killbuck bought or merged with another institution. [8]
Business and farm financing
Killbuck’s commercial lending menu covers property purchases and refinancing, revolving business lines and term loans. It describes term-loan uses that include equipment, software, information technology and working capital. The property offering addresses land, buildings and facilities used by businesses. These categories give operating companies ways to finance both recurring cash needs and longer-lived assets, without implying that every financing request receives the same repayment structure. [4]
Agricultural loans are explicitly part of the business offering. The bank lists crop production, livestock, equipment, operating expenses and real estate among potential uses. Farm finance therefore extends beyond land mortgages to the seasonal and operating demands of an agricultural enterprise. A published lending menu does not establish the actual size of Killbuck’s farm portfolio or its exposure to any particular crop, commodity or agricultural customer. [4]
Housing and personal banking
Household borrowing includes fixed- and adjustable-rate mortgages, refinancing, construction loans and home-equity loans. Construction financing is described as interest-only during the building phase. Those arrangements address different points in a housing project: acquiring a completed home, building one or borrowing against existing equity. Underwriting and repayment requirements remain specific to each loan rather than being established by the general product description. [6]
The bank also promotes an Ohio homebuyer savings account and participation in the Federal Home Loan Bank of Cincinnati’s Welcome Home grant program. Importantly, its current lending page says the 2026 Welcome Home program is closed. A profile should not present the grant as currently open simply because the program remains in the product menu. Availability of limited funding can change independently of the bank’s ordinary mortgage business. [6]
Managing business money between loan decisions
The treasury-management menu includes electronic collections, remote check capture, mobile deposits, merchant card processing, ACH payments and wire transfers. A business may use these services to collect customer invoices, pay suppliers and move money among its accounts. Killbuck also lists target-balance sweeps, electronic statements and alerts, connecting its deposit relationships to customers’ recurring administrative work. [5]
Fraud-management services include check Positive Pay, ACH Positive Pay and reverse Positive Pay. These tools provide a framework for detecting exceptions and reviewing questionable transactions. They do not eliminate the need for customers to maintain authorization controls and respond to alerts. Service availability describes an operational capability, not proof that all attempted fraud will be prevented or that all business accounts use the controls. [5]
Financial scale and the community-credit record
At June 30, 2026, Killbuck reported $953.8 million in assets, $798.4 million in deposits, $621.1 million in net loans and leases, and $80.3 million in equity. Net income for January through June was $5.3 million. The figures describe the insured bank, not consolidated Killbuck Bancshares results, and are converted from the FDIC source’s thousands of dollars. [2]
Real-estate-secured loans totaled $543.7 million and commercial-and-industrial loans $76.6 million. Nonaccrual loans were $63,000 at the reporting date. Those figures establish the scale and broad lending categories but cannot demonstrate that credit risk is absent. Property values, borrower cash flow and the timing of repayments still matter even when reported problem-loan balances are small. [2]
The Federal Reserve’s July 29, 2024 CRA evaluation rated Killbuck Outstanding overall, with Satisfactory lending and Outstanding community-development performance. Its loan analysis focused on 2023 activity, giving greatest weight to small-business lending. CRA evaluates service to community credit needs and is not a safety rating. Separately, the bank announced that Rachel D. Miller would succeed retiring chief executive Victor H. Weaver in February 2024, providing a dated leadership milestone preceding the Wooster expansion. [7] [8]
Sources
- FDIC BankFind: legal institution and certificateOfficial sourceBack to text: ↑
- FDIC bank-level financials, June 30, 2026; income January–JuneOfficial sourceBack to text: ↑1↑2
- Killbuck history, ownership description and current footprintSourceBack to text: ↑1↑2↑3
- Killbuck commercial and agricultural lendingSourceBack to text: ↑1↑2
- Killbuck treasury-management servicesSourceBack to text: ↑1↑2
- Killbuck personal lending and homebuyer programsSourceBack to text: ↑1↑2
- Federal Reserve CRA evaluation, July 29, 2024SourceBack to text: ↑1↑2
- Killbuck official branch and leadership announcementsSourceBack to text: ↑1↑2