Dear Friends of Clinton Savings Bank,

As 2009 comes to a close, I would like to take a moment to acknowledge a few of the successes that our organization has achieved during the past year.

Certainly the last 18 months have been challenging for everyone. We came into this year knowing that we had set some very aggressive goals in order to meet your financial needs. On behalf of myself, senior management and the board of directors, I am happy to say that we have met, and in many cases exceeded, those goals.

• We had a banner year for Residential Lending, originating more than $102 million in loans to help many families achieve their dream of home ownership.

• Our Commercial Lending team exceeded their growth goals for 2009, injecting more than $56 million into the local business community.

• Total deposits are now more than $353 million, a testament to the trusting relationship Clinton Savings Bank has with the families and businesses we serve, despite the economic uncertainty.

We firmly believe that as a strong institution, Clinton Saving Bank is a key part of our region’s economic success and as such, will continue to take steps to ensure that the Bank is well prepared for our community’s ever-changing financial needs.

As 2010 begins, I am confident that we have the resources, products and services in place to cater to your needs for the year ahead.  On behalf of myself, the employees and the board of directors at Clinton Savings Bank, we look forward to continuing to provide you with an experience you can bank on at every opportunity.

Wishing you a happy, healthy and prosperous New Year, 

Robert J. Paulhus, Jr.
President & CEO
Clinton Savings Bank