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Citizens State Bank or Citizen's State Bank may refer to: Citizens State Bank (Gooding, Idaho), listed on the NRHP in Idaho; Citizens State Bank (Lagro, Indiana), listed on the NRHP in Indiana; Citizens State Bank (Odenton, Maryland), listed on the NRHP in Maryland; Citizens State Bank (Edmond, Oklahoma), listed on the NRHP in Oklahoma
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In the United States, a state bank is a bank in a U.S. state that is chartered by the government of that state, as opposed to a national bank which is chartered at the federal level. [ 1 ] [ 2 ] Overview
The bank originated in Claude in February 1904 under the name of First National Bank of Claude. The bank continues to operate in its original location. The company's eventual namesake, Citizens Bank, was established in March 1948 in Tucumcari. The Tulia location was established in June 1997. In 2004 the banks merged as a subsidiary of Triple J ...
The scandal revolved around Houston banker and insurance company manager Frank Sharp and his companies, the Sharpstown State Bank and the National Bankers Life Insurance Corporation (NBL). Sharp granted $600,000 in loans from his bank to state officials who would, in turn, purchase stock in National Bankers Life, to be resold later at a huge ...