Citizens Bank Converts LPO to Full-Service Branch

by Talk Business & Politics ([email protected]) 138 views 

Did you know that The Citizens Bank has upped its presence in Fayetteville?

The company has converted its loan production office at 1676 E. Joyce Blvd. to a full-service banking office.

Citizens Bank, which is headquartered in the northeast Arkansas town of Batesville, entered the Northwest Arkansas market in February with the opening of an LPO, headed by market president Doug Lynch.

A bank spokesman said the transition from LPO to branch has been a soft opening. A formal announcement about the conversion and additional staff members is expected in the coming weeks.

Citizens Bank now has branches in seven Arkansas cities — Fayetteville, Batesville, Hot Springs, Imboden, Pleasant Plains, Mountain View and Cave City. As of March 31, the bank had $568.6 million in total assets, according to the FDIC.

And, if you’re keeping score, that now makes 25 lenders who have at least one full-service branch in Washington County.