Company Research Report: Citizens State Bank of Somerville

Company Overview

• Name: Citizens State Bank of Somerville

• Mission of the Company: To safeguard personal and financial information, protect against fraud, and contribute positively to the community.

• Founded: 1925

• Founder(s): Originally chartered as the Wilson and Holman Company in 1903, evolved into Citizens State Bank in 1925.

• Key People:

• Ervin B. Flencher, Jr.: Chairman

• Aaron K. Flencher: President & CEO

• John R. Giesenschlag: Vice Chairman

• Board Members: Paul J. Batista, Dennis Engelmann, Cory R. Flencher, Michael H. Gentry, Lois W. Kolkhorst, Harry R. Neinast, Jr., Michael Bentke (Secretary)

• Headquarters: Somerville, Texas

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Providing a history of quality customer service and community involvement for over 99 years, serving the residents and businesses of Burleson, Washington, and Grimes Counties in Texas.

Products

• Banking Services:

• Personal Banking:

• Loans, Credit Cards, Mobile Banking, Online Banking, Checking Accounts, Savings Accounts, CD & IRA Rates

• Business Banking: No specific product details are provided.

• Key Features:

• Customer service with personal interaction.

• Technological conveniences with the CSB Mobile Banking app for 24/7 access.

• Various investment and loan options to support local communities.

Recent Developments

• Achievements:

• Celebrated 100 years of service in 2025.

• Rated 5 Stars by Bauer Financial.

• Recent Developments and Launches:

• Celebrating a century in banking service with a Customer Appreciation Event on February 28th at their Brenham Branch.

• Recent recognition as "One of the Strongest Financial Institutions in the Nation."

• Continued expansion and growth through local branches and customer engagement.

• New Partnerships and Initiatives:

• Emphasis on community service with investments in local projects, including affordable housing and economic development initiatives.

• Strong involvement in community support through donations, volunteering, and encouraging employee engagement in local projects.

Community Involvement

• Commitment to Community:

• Active participation in programs aimed at supporting local communities through financing, donations, and volunteer actions.

• Engagement in the Community Reinvestment Act to aid low to moderate-income individuals.

• Key Community Projects:

• Supporting small farms and businesses.

• Financing startup businesses and school enrichment programs.

• Supporting educational foundations and affordable housing projects.

• Backing food, clothing, rent, and utility assistance programs.

Conclusion

The Citizens State Bank of Somerville has solidified its position in the community as a reliable financial institution with a rich history of customer service and community-focused operations. The bank continues to adapt to modern needs while maintaining strong community ties, supporting local economies, and fostering growth through various financial services and community contributions.