Citizens Savings Bank started business on the northeast corner of Main and Fifth streets and received its charter and articles of incorporation on February 8, 1929, with 43 stockholders. The capital stock was $40,000.00 with surplus of $10,000.00 and undivided profits of $2,000.00 or a total of $52,000.00. The first officers were: H.J. Drewry, President; Hugo F. Lange, Vice President; J.P. Jones, Cashier; and Ferd B. Hansen, Assistant Cashier. The Board of Directors was composed of: Edward P. Lowry, Malcolm Currie, Hugo F. Lange, F.L. Brown, H.J. Drewry, C.H. Swearingen, and J.P. Jones.

The First Statement of Condition on March 11, 1929, showed assets of $156,648. In January, 1945, A.W. Jones of Cherokee was elected Chairman of the Board of Directors. On June 12, 1956, J.P. Jones resigned and moved to California.

In 1973 the bank building on the northwest corner of Main and Fifth Streets was purchased and refurbished to provide all the necessary space for an all service bank, with drive-up facilities at the northeast corner of Sixth and Williams Streets.

In 1980 Citizens Savings Bank added an independent insurance agency housing it on the second floor of the building. With the purchase of the building to the west, Citizens Bank Insurance Agency moved to its present location in 1988.

In keeping with the changing times and the full service image, Citizens Savings Bank officially changed its name to Citizens Bank on July 24, 1989. The interior of the bank received its current facelift in 1993. Citizens Bank houses its own data processing computer system which provides immediately available information to its customer.