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Chelsea State Bank Announces Board Reappointments, Dexter Community Fund Development Role

Downtown Chelsea Banking Center photo taken from Orchard St.

Chelsea, Mich., April 14, 2021 – The Board of Directors of CSB Bancorp and Chelsea State Bank recently announced the reelection of Directors Craig Common, Owner and Head Chef, The Common Grill; Nancy Graebner, President, St. Joseph Mercy Chelsea; and Mark Heydlauff, Co-owner and Store Manager, Heydlauff’s Appliances.

The Board of Directors of Chelsea State Bank was also pleased to announce Chelsea State Bank has been honored by the Dexter Community Fund by giving the Bank their first named fund – CSB Dexter Community Enrichment Fund – in recognition of the Bank’s cumulative contributions of $25,000.

“I am extremely pleased to announce the reelection of Craig, Nancy and Mark to our Boards for another three-year term. They have provided such great support and oversight for our organization,” stated Chelsea State Bank President and Chief Executive Officer Joanne Rau. “I am also excited to announce the CSB Dexter Community Enrichment Fund. We are honored to have this recognition in the Dexter community. As the local community bank, our focus is always to help care for the individuals, families, farmers and businesses in our communities; we are committed to their success today and tomorrow.”

“Chelsea State Bank has played a key role in the development of the Dexter Community Fund,” said Dexter Community Fund Chair Julie A. Schumaker. “Chelsea State Bank was our first corporate donor in 2015, and with your most recent gift, will now be our first named fund, the CSB Dexter Community Enrichment Fund. We greatly appreciate Chelsea State Bank’s on-going support of the Fund and commitment to the Dexter community.”

Chelsea State Bank Dexter Branch Manager Lisa Baleja is grateful for the continued support of the Dexter Community Fund. “It really means a lot to me, having served on the board, to know that my employer cares about the communities we serve.”

About Dexter Community Fund
Established in 2014, the Dexter Community Fund (DCF) is a permanent endowment dedicated to addressing community needs and enriching the quality of life within the Dexter community. An affiliate fund of DCF, the CSB Dexter Community Enrichment Fund has a stated purpose to support charitable organizations and programs in the Dexter area.

About Chelsea State Bank
Chelsea State Bank is a full-service financial institution with offices in Chelsea and Dexter. The Bank was formed over 100 years ago by local business leaders to provide timely financial solutions to individuals, families and businesses in the community. This tradition of community service continues today. For more information, please call 734.475.1355 or visit www.chelseastate.bank. Member FDIC.

Contacts
Joanne Rau
President and CEO
734.385.1135