What steps is Bank of Maumee taking to ensure that the bank reflects the community,
both in physical and economic reinvestment?
Now in its third year of business, the Bank of Maumee started with close to 300
initial investors, many of whom do business with the bank today. We lease our office
space from a local real estate holding company that has made a significant investment
in building improvements and we purchased furniture and fixtures from area vendors.
Our bank employs 11 local financial services professionals, who enjoy competitive
wages and benefits that indirectly stimulate the local economy. Additionally, the
bank has paid a considerable sum in state and local taxes that help fund a myriad
of public services for our fellow Ohioans.
The real benefit to the community has been the economic development our bank has
financed since its debut in 2006. Each month we enlist new customers – small business
owners, professionals, entrepreneurs and homeowners. We retain their business through
personalized service and a complete platform of financial services that are designed
to be efficient, convenient and cost effective. Plus we offer added value to our
business customers by publicizing their services on our Web site and in the bank
with our program called Spotlight on our Small Business Clients.
Our employees donate hundreds of hours each year by serving on nonprofit boards
and taking part in other community activities. Of course we want to make customers
for life, but we are also committed to making our community the best place to work,
do business and raise families.
— H. Lee Dunn Jr., President & CEO