CNB Expands into Downtown Longview

Kilpatrick Life Insurance Company and Citizens National Bank (CNB) are pleased to announce that a multi-year lease has been signed by CNB to occupy the Kilpatrick Life Insurance Company building at 200 N. Fredonia located in downtown Longview.  Kilpatrick is eager to have a bank return to the building and both organizations are looking forward to adding to the growth and revitalization of downtown Longview.

Brad Tidwell, President & CEO of CNB stated, “Everyone at Citizens National Bank is very excited about the opportunity to open the downtown Longview branch.  Our expansion and new presence downtown will allow Citizens to have a much larger footprint geographically and we will be able to serve Longview better than ever before.  We greatly appreciate the significant investment that Kilpatrick is making along with CNB to the building.  Without them this new venture would not be possible.” 

“Kilpatrick Life Insurance Company is delighted that Citizens National Bank has chosen the Kilpatrick Life Building in Longview as its newest location,”   said J. Brian Morrison, President and CEO.  “I think it speaks volumes when a bank like Citizens chooses to bring 25 new jobs to downtown Longview.”  Kilpatrick Life Insurance Company was founded in 1932 and has $1 billion of in-force insurance.

Kilpatrick and Citizens are making a significant investment in the building, with renovations to the basement, first and second floors, as well as the parking garage, exterior of the main building and drive-thru convenience center.  CNB will lease almost 20,000 square feet of total space.

CNB anticipates opening the drive-thru convenience center, located at the intersection of Methvin and Green Streets, by November 1, 2012, with the main bank slated to open by April 1, 2013.  CNB currently serves Longview with branches located at 3412 N. 4th Street @ Hawkins Parkway, 5001 Estes Parkway in Lakeport and 3600 Gilmer Road in Spring Hill.

CNB anticipates employing a staff of approximately 25 at their newest Longview location.   This location will also be the home of CNB’s Longview Trust Department.  Both Kilpatrick and CNB are committed to Longview and its continued growth.

College Park’s School Spirit!

Corsicana’s College Park branch is having a BLUE OUT today for the big game tonight (Sept. 20th) against the Waxahachie Indians.  The game will be televised on KTXN Channel 21 out of Dallas.  Dan Owen, branch manager said, “Just wanted to let you guys see what the AWESOME team at College Park did this week (today) for the big televised game tonight.  It’s Blue Out in Corsicana today and I want to commend/recognize my group at College Park for an outstanding job they did.  Still think I have one of the best teams in the bank.”   GO TIGERS!!!

Joint Venture Announced: CFG Insurance Agency and Gans & Smith Insurance Agency Inc.

Brad Tidwell, Chairman of CFG Insurance Agency of Henderson (a subsidiary of Citizens National Bank), is proud to announce a joint venture with Gans & Smith Insurance Agency Inc. of Longview.  Chairman Tidwell stated, “This is an exciting time for CFG Insurance and we couldn’t be happier to have Gans & Smith join our team.” 

Gans & Smith was organized in 1889 by J.R. and T.E. Clemmons, and has operated continuously over the last 123 years.  The agency assumed its present name in 1912, under the partnership of W. Bruner Smith and Daniel W. Gans. Ownership of the agency at the present time is vested in four corporate principals, including David McWhorter, President & Managing Partner, who will oversee the Henderson CFG Insurance operations.  David brings a wealth of experience to the table and will be a trusted CFG adviser.  Chairman Tidwell continued, “With their longevity, expertise and the excellent leadership by David McWhorter, they will be an invaluable asset to CFG Insurance.  We look forward to many years of continued success with them.”

CFG Insurance Agency was formed in 1999 when Citizens National Bank broadened services for bank clients to include home, auto, business, life and health insurance. The following year the bank provided professional depth and a large insurance customer base to CFG Insurance by acquiring The Preston Agency in Henderson which was a highly regarded family owned agency dating back to 1913. With a larger and well experienced staff CFG Insurance moved in 2003 to its current location on Hwy. 79 in Henderson.

All staff at CFG will remain in place and Linda Purcell will continue to serve as Sr. Vice President.  CFG offers competitive insurance products through all Citizens National Bank locations and directly throughout East Texas.  The agency staff includes specialists in the areas of commercial auto insurance, group life/health benefits and risk management consulting as well as the standard insurance policies needed by any individual, family or business. The service expertise, product offerings, leadership and experience will continue with the Gans & Smith relationship.

David McWhorter, President of Gans & Smith stated, “We are pleased to be a part of this partnership.  Both groups are well established in East Texas and bring similar values, views and ideas to the table.  The enhanced potential for the sales growth and improved client service to the clients of both organizations is very exciting.  Most importantly, the transition to the new partnership will be almost seamless while all CFG customers both current and new will benefit from the availability of a larger number of companies for improved coverage and pricing.”

Citizens Purchases White Oak State Bank

Brad Tidwell, President and CEO of Citizens National Bank (CNB), is pleased to announce that the bank has entered into a definitive agreement to purchase White Oak State Bank (WOSB), from First White Oak Banc Shares, Inc. in White Oak, Texas.   WOSB’s main bank is located at 1101 S. White Oak Road, with a full service branch located at 800 Gilmer Road in Longview. This transaction was approved by the boards of both banks and the sale will be complete prior to year end 2012, pending regulatory approval.

Recently celebrating 40 years, White Oak State Bank opened June 5, 1972, and was the ninth banking institution in Gregg County. It serves White Oak, Longview, Gladewater, Gilmer and the surrounding areas and was initially at the intersection of White Oak Road and Old U.S. 80 in a 3,350-square foot building.  In May 1980, a new 16,000 square foot two-story building was constructed at 1101 S. White Oak Road and in 2005 underwent a major remodel.  It still serves as their corporate headquarters and main bank.  Their Longview branch was opened in 1995.

Citizens National Bank is a locally owned, independent, community bank headquartered in Henderson, Texas and has been serving the families and businesses of East Texas since 1930.  The two White Oak State Bank branches will be CNB’s 20th and 21st branches.

Gina Moody Burton, Chairperson of White Oak State Bank said, “In an attempt to honor my Dad’s wishes, the Board sought out community banks that mirrored the values that he preached at White Oak State Bank for 30 plus years.  We believe in partnering with CNB we will be able to carry on his legacy.”  Burton also commented, “White Oak State Bank is looking forward to becoming a part of Citizens National Bank.  CNB will definitely be a positive force in the White Oak community just as White Oak State Bank has been the last 40 years.  We look forward to being a part of such a long standing, well respected Texas bank.”

Brad Tidwell, President and CEO of Citizens National Bank stated, “This is a very exciting time for Citizens National Bank and we are proud to have the opportunity to acquire such an outstanding bank.  Our plan is to continue with the excellent service the officers and employees of White Oak State Bank have offered for the last 40 years.”  Tidwell also said, “This acquisition gives CNB a tremendous opportunity to continue to expand our presence in Gregg County.  With the recently announced opening of our new 20,000 square foot branch in downtown Longview, CNB will now have six full service Gregg County locations to better serve this dynamic community.”