b1BANK was awarded #1 Best-In-State Bank, Louisiana, by Forbes and Statista, and is a three-time recipient of Baton Rouge Business Reports Best Places to Work in Baton Rouge. Visit b1BANK.com for more information. Check out our account offerings below. Learn how to manage overdrafts and avoid fees by viewing ourOverdraft Choices. $499.99 or below $10.00, $500.00 $999.99 $9.00. Citizens National Bank features a savings rate of 0.10%, which is poor in comparison to the national average. NOTICE: Each depositor is insured in the amount of $250,000.00 for each account ownership. What happens to First Republic Bank's stock and deposits now? Congress needs to make major reforms to fix a broken banking system. The $30 Annual Fee on Overdraft Line of Credit is waived for Student Checking, Citizens EverValue Checking, Citizens Quest Checking, and Citizens Private Client Checking. When a component rating is unavailable, the overall rating is calculated as an average of the remaining available ratings. Stephens Inc. acted as financial advisor to Business First, and Fenimore Kay Harrison LLP acted as legal advisor to Business First. Privacy Policy | Visa is a registered trademark of Visa International Service Association. The FDICestimatedthe cost to the Deposit Insurance Fund at about $13 billion; by comparison, SVB's failure resulted in a $20 billion hit. Please note that we are continuing to take extra precautions to protect the health of our customers and employees. Apple, the Apple logo, iPad, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. Control Our mortgage experts will work closely with you to help you decide on a mortgage that suits you best. These forward-looking statements include, without limitation, statements relating to (i) the expected impact of the proposed transaction between Business First and Texas Citizens (the Proposed Transaction) on the combined entities operations, financial condition, and financial results, (ii) expectations regarding the ability of Business First to successfully integrate the combined businesses, and (iii) the amount of cost savings and other benefits that are expected to be realized as a result of the Proposed Transaction. Locations, Customer Privacy Policy Learn More Contact Us Email or call a Citizens Bank representative today! This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval with respect to the Proposed Transaction. As of September 30, 2021, TCBI had $516.9 million in total assets, $365.7 million in total loans, $452.0 million in total deposits and $34.6 million in shareholders equity. Citizens Peace of Mind gives you additional time to fund your account and reverse overdraft fees. The government's move to assume control of First Republic came one week after it disclosed that customers hadwithdrawn more than $100 billionfollowing SVB's collapse. Business Lending | Citizens National Bank of Texas Lending You need a bank that not only lends dollars, you need one that lends an ear. b1BANK was awarded #1 Best-In-State Bank, Louisiana, by Forbes and Statista, and is a three-time recipient of, Commercial Construction and Real Estate Lending, First Class Mortgages, Credit, and Lending, Community Development & Economic Sustainability. Fax your completed application to the Card Service Center at 877-809-9162. Contact Us | Brownwood office is located at 401 West Commerce, Brownwood. We make the process simple and easy! 5Citizens offers two overdraft plans- Savings Overdraft Transfer Plan and Overdraft Line of Credit. Silicon Valley Bank had roughly $209 billion when it was seized by California regulators. Legal Statement. U.S. Treasury officials said Monday they're encouraged that the First Republic seizure happened "with the least cost to the Deposit Insurance Fund.". We have experienced success diversifying our geographic exposure over the past few years. Check out our competitive rates and variety of products tailored to fit your individual financial needs. "We need large, successful banks in the largest and most prosperous economy in the world," he said. Established in 1900, Citizens National Bank has assets totaling $402 million as well as deposits totaling $357 million, which makes the institution a small bank. 1110 Clements Street, Brownwood, TX 76801, 3802 Highway 377 South, Brownwood, TX 76801, Citizens National Bank at Brownwood Brownwood, Citizens National Bank at Brownwood Brownwood branch, Farmers and Merchants Bank Brownwood - Early. CNB of Texas business bankers' first responsibility is to listen to your needs. www.cnboftexas.com, Login to My Account | Just incredible service. Citizens National Bank unfortunately does not reimburse out-of-network ATM charges, meaning you will be required to locate a Citizens National Bank ATM or accept the cost of withdrawal. My e-Statements | With online Banking and online Bill Pay, we blend the latest in banking technology with personalized service. The Texas Ratio, a measure of a "bad assets" against available capital, can provide an early warning sign of bank failure. It is a traditional brick-and-mortar bank with in-person service, in addition to its online and mobile offerings. Free for all Citizens customers Bankers will assess and develop a customized approach to your needs Help you start or modify your financial journey Help you track for retirement and more Appointments are available in branch or by phone Make An Appointment Checking Account FAQs How do I open an account? Round Rock, TX 78664. Businesses, big and small, are the lifeblood of our communities. Citizens Financial Group, Inc. All rights reserved. Given Citizens National Bank's noncompetitive savings rate, you should consider choosing another bank to earn more on your deposits. Based on Business Firsts closing stock price of$25.30as ofOctober 19, 2021, the transaction is valued at approximately$52.9 millionin the aggregate. Managing your checking accounts doesnt have to be complicated. How do I set up direct deposit and what kind of information is required? Member FDIC. Rates and rewards are variable and may change after account is opened. When determining the amount you need to deposit to take advantage of Citizens Peace of Mind, you can check your balance in the Citizens mobile app or Online Banking and then consider transactions that may post to your account that day - such as checks or other debits. Locations. | Locations, 972-938-4300 Whether a direct deposit is eligible for Paid Early is at our discretion and we cannot guarantee that you will always receive the Paid Early service. No problem you can find your routing number online. It is the third financial institution taken under government control in the last two months following a series of lightning-fast bank runs that has shaken the confidence of financial industry customers and investors. The Annual Percentage Rate (APR) for an Overdraft Line of Credit is 21% on all outstanding loan balances. Citizens gives you tools that make it easy, such as Online and Mobile Banking, and account alerts. "A poorly supervised bank was snapped up by an even bigger bank ultimately taxpayers will be on the hook. Citizens National Bank, as your lending headquarters, has you covered. Unsure of which way to go? First Republic Bank seized by regulators, then sold to JPMorgan Chase, First Republic teeters on collapse as FDIC circles troubled bank, Bill would require clawback of compensation from executives of failed banks, Fed calls SVB's failure a "textbook case of bank mismanagement". Brownwood, Texas 76804. When we return a check or ACH transaction unpaid because your account had insufficient funds, we will not charge you a fee. www.cnboftexas.com, Login to My Account | For more information on the reissue please. Citizens National Bank ranks as a small bank with assets totaling $402 million and deposits totaling $357 million. Citizens National Bank of Texas. Brownwood office is located at 401 West Commerce, Brownwood. Whenever you are ready, CNB is here for you. . It was established in 1893 and as of December of 2022, it had grown to 28 employees at 2 locations.The Citizens National Bank of Hillsboro's CD rates are 68% higher than the national average, and it has a B health rating. 325-646-5151. My e-Statements | This is not an offer to buy or sell any security or interest. We're open for business online 24/7. Website Privacy Policy | Citizens National Bank's one-year CD earns at a rate of 0.70%, while its highest-yielding money market account earns at an APY of 0.10%. You can also contact the bank by calling the branch phone number at 325-646-5151. NOTE: If you have logged into the system from the same browser and have requested for this computer to remember you but are still seeing this screen, you should check your browsers security settings. Get extra time to cover overdrafts2 with Citizens Peace of MindTM 3, Reduced fees for Non-Citizens ATM usage4, Money Orders and Paper Statement, Unlimited ATM transactions at other banks ATMs with no fee from us4, Plus no fees for personal style checks, stop payments, money orders, bank checks, wire transfers, foreign currency exchange and more, No overdraft fee charged on a first occurrence each year with Citizens Fee Relief, plus get an extra day to cover future overdraft charges with Citizens Peace of MindTM 3, All the same benefits as Citizens Quest Checking plus up to $10 in non-Citizens ATM fee refunds per statement cycle, We'll waive the monthly fee when you make one deposit each statement period. We understand that it can be hard to know where to start when it comes to your finances. Site Map | Site Security | At Citizens National Bank, you're anything but a number. 1If you are a Citizens Personal Checking, Savings or Money Market account customer that has set up a direct deposit with a payor, you may be able to get that direct deposit up to two days early with Citizens Paid Early. Following the completed transaction, For additional information regarding the transaction, an Investor Presentation has been filed with the Security and Exchange Commission (SEC) and may be accessed, at no charge, on the SECs website at, Business First Bancshares, Inc., (Nasdaq: BFST) through its banking subsidiary b1BANK, has $4.4 billion in assets, $4.7 billion in assets under management through b1BANKs affiliate Smith Shellnut Wilson, LLC (SSW) (excludes $1.0 billion of b1BANK assets managed by SSW) and operates Banking Centers and Loan Production Offices in markets across Louisiana and the Dallas, Texas area, providing commercial and personal banking products and services. . Dimon dismissed concerns about JPMorgan's size, saying the U.S. needs big financial institutions as much as it needs small and regional lenders. Email or call a Citizens Bank representative today! Terms of Use | Citizens National Bank has 11 physical branches across the U.S. Save more with these rates that beat the National Average. Click Here. Manage incoming and outgoing cash via online or traditional tools with no monthly fee. Citizens is a brand name of Citizens Bank, N.A. But a deposit of cash, a Citizens check, or an electronic funds transfer will generally be available to cover the transactions. Citizens National Bank Brownwood, Texas Citizens National Bank: Ph: (325) 643-3545 eMail: Checking We offer a variety of Personal Checking and Business Checking Accounts to meet your needs LEARN MORE Savings We offer a variety of interest bearing Savings Accounts to meet your needs. Citizens National Bank is committed to the safety of our customers, employees, and communities. This partnership with Texas Citizens Bank, by moving us a little farther down I-10 into the Houston market, is an opportunity for us to accelerate our transition into a regional institution, said Jude Melville, president and CEO of Business First. Reap the rewards as your business grows by earning $5 for each $5,000 in collected balances up to $15,000. We continue to provide "hometown" banking with big bank services. Takeover talks continued all weekend in the hope a deal could be struck before U.S. stock markets opened Monday. Following the completion of the transaction, former Texas Citizens shareholders will own approximately 9.7 percent of the combined company. How do I update my name and address in your system? Baton Rouge, La. As a customer of Citizens National Bank, you can be confident that your banking experience will be everything that you expect from the best. Copyright 2023 CBS Interactive Inc. All rights reserved. Citizens National Bank does not have the best savings rate, which means you should consider looking elsewhere for banks that deliver more return for your money. COVID-19 Update A letter from our President and CEO, Mark Singleton. All investing involves risk, including loss of principal. Login to My Account | Any forward-looking statement speaks only as of the date of this press release, and neither Business First nor Texas Citizens undertake any obligation, and each specifically declines any obligation, to revise or update these forward-looking statements, whether as a result of new information, future developments or otherwise. Current b1BANK Executive Vice President, Director of Market Expansion Don Hingle will relocate to Houston as regional president, Houston. Use our mortgage calculators to help you make the right decision. We'll waive the monthly maintenance fee when you either: Make $5,000 in total deposits to your primary checking each statement periodORMaintain $25,000 in monthly combined deposits and investments, Maintain $200,000 in combined deposits and investments to qualify. / MoneyWatch. The definitive Proxy Statement-Prospectus will be provided to the shareholders of Texas Citizens as required by applicable law. APY = Annual Percentage Yield. Second-biggest bank failure in U.S. history. Live Personal Bankers More complex businesses benefit from this accounts low $12 monthly fee because it applies an earnings credit to your average collected balance less reserve requirements to offset any per item fees. If your account is overdrawn, you have up until 10:00 PM ET the following business day (e.g., if your account is overdrawn at the end of the day Monday, you have until 10:00 PM ET Tuesday) to deposit enough funds to cover all of the overdraft items (minus the fees), and any additional transactions that post to the account that day. We look forward to using our combined strength to benefit both existing and new clients throughout one of the countrys most potential-filled regions.. Before that collapse, the largest loss for the DIF was$10.7 billion in 2008 to resolve the loss for subprime lender IndyMac. Enter an address, zip code, or city and state to begin your search. Please change your search criteria and try again. Not enrolled in Online Banking? With mobile and web apps, Citizens National Bank makes mobile banking convenient, even on the go. A voided check. Have More Questions? Although the acquisition of First Republic's assets by another lender may shore up confidence in the banking system, analysts noted that JPMorgan is growing even larger as a result of the deal and is likely to attract the scrutiny of lawmakers. *A $5 non-usage monthly fee may apply if bill pay is not used after 3 months. JPMorgan will gain $92 billion more in customer deposits and also absorb $173 billion in outstanding First Republic loans. All of your most precious belongings - paperwork, jewelry, stock certificates, loan documents, and more - are secured inside our bank vault. Have peace of mind that your irreplaceable items are safe and sound. For more extensive options, visit CNB's Cash Management Services. Balance Fee. With a Citizens Checkup, our bankers and advisors can help you focus on whats important and map out a plan for your future. Give us a call today to speak with a live Customer Service Representative. Citizens National Bank is a brick-and-mortar bank, with 11 total branches in Texas. **Paper items over the accounts free limit are $0.25 each. Additional Information and Where to Find It. Dimon also said buying First Republic's assets will help stabilize the U.S. banking system, which has been rocked in recent weeks by the sudden collapse inMarch of Silicon Valley Bank (SVB) and Signature Bank. For information on our Funds Availability Policy, please visit citizensbank.com/overdraft or see your Personal Deposit Account Agreement. We will limit to 5 the number of Overdraft Fees charged on any one business day, up to a total of $175. Member FDIC (NMLS ID# 433960). You will also be able to obtain these documents, when they are filed, free of charge, from Business First at www.b1BANK.com. Mortgages are offered and originated by Citizens Bank, N.A. Regulators seized control of First Republic Bank on Monday and accepted a bid from JPMorgan Chase for virtually all of the lender's assets. The significant efforts of our team toward strengthening our institution have resulted in the OCC recently lifting the Formal Agreement. Free copies of these documents may be obtained as described in the preceding paragraph. The transaction is expected to close during the first quarter of 2022. App Store is a service mark of Apple Inc. Android and Google Play are trademarks of Google Inc. Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license. Both of our companies are focused on serving similar clienteles in similar ways, in particular small businesses, and we anticipate a relatively seamless integration of operational systems and, more importantly, cultural approaches. Whatever your goals are, we can help you find ways to live in the moment and still save for tomorrow. Use yourcontactless debit card,Digital Wallet7,Zelle8or checks, Take control of overdrafts with Overdraft Choices, plus $5 Overdraft Pass9andCitizens Peace of MindTM 3. e-Statements: With online banking, you can choose paperless statements. You can manage all of your banking from anywhere you have internet access. The overall rating is a weighted average of rates, fees, service quality and financial health.Read more. Sign up for Rate Watch to have rates e-mailed to you. 8U.S. It is also the 2,900 th largest bank in the nation. Our bank routing number. Compare Our Personal Checking Accounts | Citizens National Bank | Texas | Round Rock, Cedar Park, Pflugerville, Taylor Compare Our Accounts Best For Account Features Monthly Account Maintenance Fee Free Online & Mobile Banking Access Free Debit Card Minimum Opening Deposit Simplified Checking Regular Checking Open Account Learn More You will need to provide the following: Click here for more information on direct deposit.
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