Dollar Bank's Philosophies

The Key Is Our Independence

Safe, Sound, and Independent Since 1855

• For years Dollar Bank has been focused on one thing, and one thing alone…meeting the needs of the customers and the region we serve. And as the nation’s largest mutual bank, we have no shareholder demands to distract our attention from that singular mission. Our advertising in recent years has emphasized that our customer focus is on “Main Street, not Wall Street”. That’s the value of independence.
• This focus on growing personal and business customer relationships in northeastern Ohio and southwestern Pennsylvania is why our asset base has grown 8% in the last year and today stands at $5.7 billion. That growth is supported by an ever-expanding branch network in both markets and by Dollar Bank’s recent introduction of a new Cleveland headquarters facility.
• Our history of sound management is evidenced by the Bank’s superior capital position. Dollar Bank’s core capital has grown to more than
  $550 M, exceeding by more than $200 M the 6% requirement for being considered “well capitalized”, the highest category of capitalization under the regulatory framework of the Office of Thrift Supervision.
• Dollar Bank’s loan portfolio has steadily grown in the areas of residential and commercial real estate, corporate and small business, and education loan funding with a consistent and conservative approach. We have not changed our lending standards in many years and have never participated in the sub-prime lending marketplace. This conservative lending practice has stood the Bank well. Our non-performing assets as a percentage of assets are approximately half of .- .75%, an extremely low percentage for the industry. As a result, Dollar Bank’s credit quality has remained strong, and more than adequate reserves are in place to support continued growth.
• 2009 Semi-Annual Statement of Condition

Relationships Built On Experience

The Difference Is Our People

Here For The Future