Now in its 111th year of business, Home Savings Bank has changed and grown with the community. It opened in Kent in 1898 as a state-chartered building and loan association called Home Building and Loan Company. Early services were limited to financing area homes. After many years as a successful building and loan, the company changed its name in 1953 to Home Savings and Loan Association, having taken on more in the way of services to savers and borrowers. In 1988, the name became Home Savings Bank to better reflect the broad range of services offered to customers, including an emphasis on mortgage lending plus consumer and commercial loans, checking accounts, Certificates of Deposit and Individual Retirement Accounts. In 1994, the Bank converted to a state chartered savings bank.
Home Savings Bank belongs to the Kent, Ravenna, and Brimfield Area Chamber of Commerce, American Bankers Association, Independent Community Bankers of America and the Ohio Bankers League.