The Milton Banking Company was chartered under the laws of the State of Ohio in October, 1921 and
opened for business as a full service office in 1922. First officers were Edgar T. Evans, President; Clark B.
Cleveland, Cashier; J. J. Bennett, Assistant Cashier; Frank Morrow and Ed Blanchard, Vice Presidents.
In October, 1984, the bank saw an opportunity and opened its second office in Jackson, Ohio. This full-service office
realized immediate success and is today the largest of the banks offices. It includes a main lobby, three drive-ins, and a
walk up window for the convenience of customers.
May, 1998 saw the formation of Milton Bancorp, Inc, a bank holding company of which the Milton Bank is a wholly
owned subsidiary. The ownership of Milton Bancorp rests with local community involved stockholders and directors.
In October, 2002, the Milton Bank saw another opportunity in the Village of Oak Hill, Ohio. Oak Hill is at the southern
tip of Jackson County and was populated by only one other bank. The opening of Miltons third branch gave
greater market coverage while providing convenient services to customers throughout the county.
2008 brought The Milton Bank the opportunity to expand outside of Jackson County into the counties of Pickaway
and Madison with the merger of The First National Bank of New Holland. The merger was the perfect partnership
as the bank was able to offer more services to First Nationals customers while maintaining a level of customer service
that had become the hallmark of each bank individually. With the merger, The Milton Bank gained offices in New
Holland and Mt. Sterling, Ohio.
Nearly 86 years later, the banks main office building is still located in Wellston and houses the administrative and
data processing departments as well as a full-service bank. The existing building is much the same as the original
structure although there have been two additions to the building along with extensive remodeling.
As a true community bank, the Milton Banking Company has long been proud of its service to local communities.
With a wide variety of products and services combined with fast and friendly service, The Milton Bank has been able
to stay true to it philosophy of community banking.