Citizens Bank in Hickman Makes New Acquisition

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The Citizens Bank in Hickman has announced an acquisition in Fulton.

The Citizens Bank entered into a Branch Purchase and Assumption agreement with Security Bank and Trust Company in Paris.

The agreement allows the purchase of certain assets and liabilities associated with Security Bank and Trust Company’s Branch Banking Center in Fulton.

The acquisition did not include the purchase of the branch real estate, which is closed by Security Bank and Trust.

Citizens Bank President Susan Malone said the move allows expansion in the market presence in Kentucky, and provides Security Bank and Trust Company’s existing customers with service and banking products at all branch locations.

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