Reposition
Kilgore, Texas
Citizens Bank was charted in January, 1949 and officially opened its doors for business on July 25, 1949. Opening day deposits were an estimated $1 million. During the next seven years, phenomenal growth was experienced with deposits increasing 4 1/2 times. Forest Sartain was President of Citizens Bank until 1959. In 1959, Citizens Bank celebrated ten years of continued growth despite a cutback in oil production which affected the area income.
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