Citizens National Bank has announced the opening of a loan production office in Toledo, according to J. Michael Romey, CNB president/CEO.
Located at 3454 Oak Alley Ct, Suite 501, the office is headed by Nelson Shaffer, Senior Vice President/Market President. The office will provide commercial business development services to the area, including real estate loans, commercial lines of credit and access to deposits through the bank’s Online for Business and Merchant Capture services.
“Shaffer’s experience matches the strengths of our bank, commercial lending and business banking. We look forward to expanding into the Toledo market and matching our expertise as a community bank with businesses there,” said Romey.
As president of the Toledo office, Shaffer will be responsible for establishing new commercial relationships for CNB, as well as analyzing current customer portfolios on a regular basis.
With more than 23 years of experience in banking and commercial leasing, Shaffer holds a Bachelor’s Degree in Finance from The University of Toledo. He is enrolled in the Graduate School of Banking and will graduate in August.
He is a member of the Perrysburg Rotary and The Toledo Club. He and his wife have one son and live in Toledo.
“I’m proud to be part of the Toledo community and introduce Citizens National Bank to our market. The financial strength of CNB and the growth they’ve realized over the past three years is exceptional and I look forward to helping it gain more growth through businesses I’m able to partner with,” said Shaffer.
The Toledo office joins CNB offices in Bluffton, Celina, Defiance, Elida, Findlay, Lima, Springfield and Van Wert. Citizens National Bank has assets totaling more than $650 million and has been serving the communities of West Central Ohio since 1920.
