Andover Bank: Safe, strong and secure for 125 years
SUCCESS IN HARD TIMES
By ELLEN KOLMAN - Staff Writer - ekolman@starbeacon.com Star Beacon
“Our customers support us, and we appreciate them. This is a responsibility we do not take lightly,” he said.
The Andover Bank employees are highly trained and knowledgeable about what they present to the public.
“Our employees are people who truly care about their customers,” Cook said. “It is not a program; it is a way of life.”
Andover Bank has based its philosophy on the golden rule: Treat others as you would like to be treated.
“This may be simple, but it is not easy to do, day in and day out,” Cole said. “God has been very good to us, and we have always utilized Christian principles in how we conduct our business.”
The majority of Andover Bank’s commercial loans is to area churches.
“It is exciting to see new churches being built and the growth in our county,” Cole said.
Andover Bank takes full advantage of all marketing strategies, including newspapers, radio, direct mail and perhaps the most effective and meaningful: word of mouth.
Andover Bank recently was awarded BauerFinancial’s five-star rating for 62 consecutive quarters, exhibiting the best in safety and soundness, according to an award letter by BauerFinancial Inc., of Coral Gables, Fla.
“We could not be a community bank without being involved in the community, and we have forged relationships with many other community organizations,” Cole said.
These include the Ashtabula County Medical Center, Ashtabula Arts Center, Civic Development Corporation, Kent State University-Ashtabula and many other county organizations and associations.
“Together, we can build a better community and quality of life,” he said.
To learn more about Andover Bank, look online www.andoverbankohio.com.
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