Citizens Bank

Status:Inactive as of 05/15/1999
 Merger - Without Assistance
Successor Bank:Classic Bank
Headquarters:Citizens Bank
575 North Carol Malone Boulevard
Grayson, KY 41143
Established:03/01/1990
FDIC Insurance:03/01/1990
FDIC Cert:#32855
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$13,691,000
Total Deposits:$11,806,000

History

1990-03-01Institution established: Original name:Citizens National Bank
1997-11-11Changed name to Citizens Bank
1997-11-11Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION
1999-05-15Merged into and subsequently operated as part of Classic Bank (29884) in ASHLAND, KY
2000-06-30Changed organization type to COMMERCIAL BANK
2000-06-30Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2001-03-16Acquired The First National Bank of Paintsville (2717) in PAINTSVILLE, KY
2001-03-16Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2003-06-20Acquired First Federal Savings Bank of Ironton (29468) in IRONTON, OH
2005-05-20Merged into and subsequently operated as part of City National Bank of West Virginia (17735) in CHARLESTON, WV
2012-05-31Acquired Virginia Savings Bank, F.S.B. (32039) in FRONT ROYAL, VA
2013-01-10Acquired Community Bank (30417) in STAUNTON, VA
2018-12-07Acquired Farmers Deposit Bank (266) in CYNTHIANA, KY
2018-12-07Acquired TOWN SQUARE BANK (29877) in ASHLAND, KY

Financial Information (1998-12-31 and Older)