In a landscape marked by constant bank mergers and acquisitions, the enduring presence of locally owned community banks shines as a beacon of distinction amidst their larger corporate counterparts. With a rich legacy of 90 years of providing personalized financial services, Citizens Bank is steadfast in its commitment to maintaining this unique identity by evolving and adapting to meet the ever-changing financial needs of the communities it serves.
Back in November 1934, as the nation was beginning to emerge from the depths of the Great Depression, Citizens Bank emerged as the pride of Carter County, filling a void that had persisted for nearly three years. With a solid financial foundation of $75,000, it brought a glimmer of hope to the community.
Fast forward to 1962, with total assets reaching $5 million, Joe LaPorte, Jr. assumed the role of the fourth president. Under his visionary leadership, Citizens Bank garnered national recognition for its outstanding performance, leaving an indelible mark not only on the Tri-Cities area but also beyond. In 2006, Joe LaPorte, Jr. was honored posthumously with induction into the Tennessee Bankers Hall of Fame, a testament to his enduring legacy.
Continuing the family tradition, Joe LaPorte, III joined the bank in 1979, following in his father's footsteps. His strategic acumen and prudent financial decisions have been instrumental in propelling Citizens Bank to its current stature. Through meticulous planning, the bank has expanded its footprint, now serving communities from Bristol, TN to Lenoir City, TN.
Citizens Bank has earned a reputation as one of the state's most robust and dependable financial institutions. "Our unwavering commitment to local, community banking remains steadfast," affirms Chairman Joe LaPorte, III. "As we continue to grow, our independence and our customers will always remain our top priorities."