LCNB CORP. (NASDAQ:LCNB) Files An 8-K Other Events
Item 8.01.Other Events.
On February 19, 2019, LCNB Corp. (the “Company”) announced that Stephen P. Wilson will step down as Chairman of the Board of Directors (the “Board”) and that the Board has elected current Board member Spencer S. Cropper to fill the Chairman position, effective February 19, 2019. Mr. Cropper will continue to serve on the Compensation and Nominating Committees, but will step down from his role on the Audit Committee, where he was the Chair. Mr. Wilson will continue to serve as a director of both the Company and its subsidiary, LCNB National Bank.
About LCNB CORP. (NASDAQ:LCNB)
LCNB Corp. (LCNB) is a financial holding company. The Company’s subsidiary includes LCNB National Bank (the Bank). The Bank offers commercial and personal banking services. Its services include safe deposit boxes, night depositories, cashier’s checks, utility bill collections, notary public service, mobile banking and other services tailored for both individuals and businesses. Its loan products include commercial and industrial loans, commercial and residential real estate loans, various types of consumer loans and small business administration loans. Its investment portfolio includes securities available-for-sale, such as the United States Treasury notes, the United States Agency notes, Certificates of deposit, and Equity securities. Its deposit services include checking accounts, negotiable order of withdrawal accounts, savings accounts, money market deposit accounts, lifetime checking accounts, individual retirement accounts and certificates of deposit.