The Citizens Bank

The Citizens Bank was established on November 5, 1941, under the original name of The Citizens Bank. In 1973, the bank changed its name to The Citizens Bank and simultaneously acquired the Bank of Ray City, located in Ray City, Georgia, on June 13 of that year. Later, on October 5, 2005, The Citizens Bank expanded its operations by acquiring Adel Banking Company in Adel, Georgia. However, the bank faced challenges over the years and ultimately closed voluntarily and liquidated its assets on April 1, 2020.

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

1941-11-05Institution established. Original name: The Citizens Bank.

1973-06-13Changed Institution Name to The Citizens Bank.

1973-06-13Acquired Bank of Ray City in Ray City, GA.

2005-10-05Acquired Adel Banking Company in Adel, GA.

2020-04-01Closed voluntarily and liquidated its assets.