Citizens Deposit Bank & Trust

Citizens Deposit Bank & Trust was established on October 21, 1930, originally named Citizens Deposit Bank. Over the decades, the institution underwent several changes and expansions, including a name change to Citizens Deposit Bank & Trust on November 5, 1980, and the acquisition of various banks, such as the Bank of Germantown in January 2005 and Farmers Deposit Bank in Eminence, Kentucky, in August 2012. In 2009, the bank changed its primary federal regulatory agency to the Federal Deposit Insurance Corporation and withdrew from membership in the Federal Reserve System. The main office relocated multiple times, including moves to Vanceburg, Kentucky, in December 1986, and to Second and Main Street in September 2010. In October 2019, Citizens Deposit Bank & Trust acquired The First National Bank of Jackson in Kentucky. The bank's operational history concluded with a merger on September 18, 2021, when it became part of Peoples Bank based in Marietta, Ohio.

Below is a list of some important events in banks history, including mergers and acquisitions.

1930-10-21Institution established. Original name: Citizens Deposit Bank.

1979-11-02Changed Trust Powers to Full.

1980-11-05Changed Institution Name to Citizens Deposit Bank & Trust.

1986-12-31Main Office moved to Main Street, Vanceburg, KY 41179.

1997-04-14Institution becomes member of the Federal Reserve System.

1997-04-14Changed Primary Federal Regulatory Agency to FED.

2005-01-03Acquired Bank of Germantown in Germantown, Ky.

2009-03-12Institution withdraws from membership in the Federal Reserve System.

2009-03-12Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

2009-03-12Changed Primary Federal Regulatory Agency to FDIC.

2010-09-10Main Office moved to Second & Main Street, Vanceburg, KY 41179.

2010-09-10Changed Institution Name to Citizens Deposit Bank & Trust.

2012-08-18Acquired Farmers Deposit Bank in Eminence, KY.

2012-08-18Acquired Ohio River Bank in Ironton, OH.

2019-10-25Acquired The First National Bank of Jackson in Jackson, KY.

2021-06-11Main Office moved to 10 Second St, Vanceburg, KY 41179.

2021-09-18Merged and became part of Peoples Bank in Marietta, OH.