Letter from the President

Thank you for taking a moment to learn more about cfsbank. As a true community bank we enjoy the opportunity and privilege to have a positive impact on the communities we serve on a daily basis. We mean it when we say our customers and local communities are part of the fabric of our organization. All of our employees live and work in the communities we serve making us work even harder because not only are we your banker but your neighbors and friends as well.

In 2017 cfsbank made significant strides to transform our bank into a more focused entity, poised for stronger long term growth. We completed a number of initiatives outlined in last year’s letter to position us for a stronger future. The most significant of these initiatives was the opening of our new Southpointe branch facility that now houses are commercial lending group and soon to be retail/mortgage personnel by the end of the first quarter 2018. Again, the presence in the high growth corridor of Washington County demonstrates cfsbanks commitment of organic growth as an Independent community institution. On June 1st cfsbank officially opened our doors in Southpointe with a tremendous open house made possible by the Washington Chamber of Commerce. We are grateful to the new friends we have made with the Southpointe Chamber and the Southpointe CEO Association. All have been instrumental in assisting cfsbank to achieve outstanding results within our first six (6) months in business.

Additionally, cfsbank continues to direct much of its capital outlay to create and strengthen what we believe is to be the best in class technology. Our online mortgage applications will launch in 2018 and we are constantly refining existing mobile technology. Many more upgrades are on the horizon as well as improving our external website that will empower users to more features of cfsbanks products and services.

Finally, please know the basis for meeting our goals rests on a strong financial profile and a sustained operating discipline. Our capital and liquidity levels help ensure stability during various economic cycles and position us to add value for you our customer. This year, cfsbank will mark its 82nd year in business. Over that time our people and culture have helped define our success. The bank places a huge priority on preserving and enhancing customer relationships with stability from our employees. We are proud these attributes are as strong and vibrant as ever.

Please visit any one of our convenient locations and experience the service and technology “what can we do for you today”.

Wishing you all the best in 2018. As Buzz Lightyear would say “to infinity and beyond…..

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