Robert L. Teters has announced his official retirement from The Waterford Commercial and Savings Bank effective July 31. Teters worked at the bank since 1980, and had previously served as chief executive officer from 2003 until 2012.
Teters began his career at the bank as a collection officer and later became vice president of operations and board secretary prior to becoming CEO. He is a graduate of Washington State Community College, Ohio School of Banking, Ohio University, and Ohio School of Consumer Credit, Kent State University. He was a 1965 graduate of M&M High School.
Teters served in the United States Army from 1967 to 1989, serving as a stenographer, instructor, on the general staff while serving in Korea, and in the 342nd Military Police Company. He retired as sergeant first class from the U.S. Army Reserves.
Teters is a member of the Beverly United Methodist Church, serves as a board member of the Beverly/Waterford food pantry, is a member of Post 389 American Legion, and was past president of the Beverly/Waterford Chamber of Commerce. He will also serve on the board of directors at the bank after retirement.
He resides in Waterford with his wife, Jo. The couple recently celebrated their 45th wedding anniversary. They have two children; D.K. Farley (Kris) and Scott Teters (Toni), eight grandchildren; Jerica Selock and Kailyn Hesson, Darian and Devyn Farley, and Tess, Allex, Luke and Alexa Teters. They also have three great-grandchildren, Gauge and Wyatt Stack, and Logyn Selock.
The bank is holding "Customer Appreciation Days" at the Waterford office July 29-31. The public is invited to come congratulate Bob on his retirement. Refreshments will be served and mementoes will be available.