LEBANON, Ohio--(BUSINESS WIRE)--
On Friday, January 11, 2013, the officers and directors of LCNB National
Bank of Lebanon and Citizens National Bank of Chillicothe finalized the
merger of their full-service historic Community Banks. The Citizens
National Bank offices will now assume the name, LCNB National Bank, and
the management and staff will essentially remain the same.
Tom Beard, former CNB President and CEO, will become a Regional
President of LCNB and continue in his role in serving the financial and
loan needs in Ross, Fayette and surrounding counties. Mr. Beard stated, "We
are excited to finalize our merger with LCNB National Bank. We have
always considered LCNB to be one of the strongest banks in Ohio that
still holds true to the values of personal service and community
banking." He continued, "Our customers will enjoy the same
personal service but with the added financial services like a
full-service Trust and Investment Department, a higher lending limit and
mobile banking. We look forward to what the future brings to benefit our
customers."
Steve Foster, President of LCNB stated, "LCNB was founded in Lebanon
in 1877, a community that is very similar to Chillicothe and its
surrounding communities. Like Citizens National Bank, we have served
generations of families and businesses by providing the financial
products and services they need to help them succeed." He continued, "Personally,
my first job in banking was here in Chillicothe and I grew up in the
area. It is very important to me and all of our staff that the people of
Ross and Fayette counties receive the service and financial products
they need to succeed."
Stephen Wilson, Chairman and CEO of LCNB commented, “Working with
John Kochensparger, his Board, Tom Beard and his staff, to accomplish
this merger has been a distinct pleasure. Our cultures as two dedicated
community banks matched up very well. We will work extremely hard going
forward to make this a win for our shareholders, customers, employees,
and all the communities we serve.”
LCNB Corp. (NASDAQ:LCNB) is a financial holding company headquartered in
Lebanon, Ohio. LCNB National Bank is its wholly-owned subsidiary with 31
offices located in Butler, Clermont, Clinton, Fayette, Hamilton,
Montgomery, Ross, and Warren Counties, Ohio. Additional information
about LCNB Corp. and information about products and services offered by
LCNB National Bank can be found on the Internet at www.LCNB.com.
LCNB Corp.
Stephen P. Wilson, Chairman and CEO, 800-344-BANK
or
Steve
P. Foster, President, 800-344-BANK
Source: LCNB Corp.