Citizens Savings Bank, Inc.

Status:Inactive as of 07/10/1993
 Merger - Without Assistance
Successor Bank:Southern Bank and Trust Company
Headquarters:Citizens Savings Bank, Inc.
230 Sunset Avenue
Rocky Mount, NC 27801
Established:01/01/1907
FDIC Insurance:09/26/1945
FDIC Cert:#28140
Charter Class:
Total Assets:$83,175,000
Total Deposits:$77,531,000

History

1907-01-01Institution established: Original name:Citizens Savings and Loan Association
1986-06-30Changed organization type to STOCK SAVINGS & LOAN
1988-03-31Changed name to Citizens Savings and Loan Association, Inc.
1989-09-11Changed name to Citizens Savings Bank, Inc.
1993-07-10Merged into and subsequently operated as part of Southern Bank and Trust Company (15359) in MOUNT OLIVE, NC
1998-05-15Acquired Enfield Savings Bank, Inc., SSB (28313) in ENFIELD, NC
2011-09-23Acquired Bank of the Commonwealth (20408) in NORFOLK, VA as part of a government assisted transaction.
2013-07-01Acquired The Heritage Bank (8939) in LUCAMA, NC
2016-02-01Acquired Heritage Bank (22411) in NORFOLK, VA

Financial Information (1992-12-31 and Older)