The Milton Banking Company

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The Milton Banking Company
116 Jackson Street
Oak Hill, OH 45656
Telephone: 740-682-8800
Fax: 740-682-0082

The Milton Banking Company offers all types of consumer and commercial loans, with on-site approval and quick turnaround times. Contact our Lending Department for current rates and more information.

The Milton Banking Company has loan officers in each of its offices in Wellston, Jackson, New Holland, Mt. Sterling and Oak Hill. Call or visit our loan officers to discuss your lending needs.

Residential Mortgages
We offer a variety of mortgage loans. Rates are competitive and all paperwork is processed through our bank. You work directly with us; which means we can offer fast loan decisions and quick turnaround on closings. In addition, we service all our own loans.

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 bank’s 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 Milton’s 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 National’s 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 bank’s 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.