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THE KILLBUCK SAVINGS BANK CO. ANNOUNCES LEADERSHIP CHANGES

Craig A. Lawhead Retires as CEO
Victor H. Weaver Appointed President and CEO
Rachel D. Miller Promoted to Executive Vice President

KILLBUCK, OHIO, APRIL 2021: The Board of Directors of The Killbuck Savings Bank Co. is pleased to announce a transition in leadership that will leverage the strong capabilities of its executive team, providing continuity in management and underscoring the Company’s focus on the long-term growth of the Bank.

With the retirement of Craig A. Lawhead on March 31, 2021 as CEO, the Board of Directors have appointed Victor Weaver as President and CEO. Weaver began his banking career at The Killbuck Savings Bank in 1993 and has held various leadership roles within the organization. Born and raised in Holmes County and contributing to the Bank’s success for over 27 years, the Board of Directors believe he is the right executive to lead the Bank in the years ahead, as Weaver’s breadth of experience, love of community, and understanding and insights of the industry will be instrumental in achieving the future growth of the organization.  Vic and his wife, Tammy, reside in Benton and enjoy spending time with their children and grandchildren. 

Additionally, Rachel D. Miller has been promoted to Executive Vice President.  Mrs. Miller joined the bank in 2002.  As a West Holmes graduate, she began her career while attending Malone College where she earned her Bachelor of Science degree in Accounting and Business Administration. She has held several positions within the Bank and currently serves as the Chief Financial Officer.  The Board is confident in Rachel’s abilities, as a member of executive management, to lead the Bank into the future.  Mrs. Miller currently serves on the Holmes County Chamber of Commerce Board of Directors.  She resides in Millersburg with her husband, Joe, and their three children.    

“Mr. Weaver and Mrs. Miller are proven leaders of the Bank and their common sense and forward looking approach will only improve our bank for years to come,” said Craig Lawhead, retiring CEO.  


About The Killbuck Savings Bank Co.

For 121 years, The Killbuck Savings Bank Co. has had their corporate offices in Killbuck, Ohio.

For 118 consecutive quarters. The Killbuck Savings Bank Co. has held a 5-Star rating by Bauer Financial. A 5-Star bank rating, meaning the Bank excels in areas of capital adequacy, profitability, asset quality, and much more. This makes The Killbuck Savings Bank Co. one of the strongest community banks in the nation.

With $650 million in assets and over 140 employees, The Killbuck Savings Bank Co. specializes in community banking and currently operates 11 full-service locations.

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