The Federal Reserve Board announced on Friday, September 25, 2026, at 4:30 p.m. EDT that it had approved the merger application submitted by Peoples Bancorp Inc. of Marietta, Ohio. The approval permits Peoples Bancorp to merge with Citizens National Corporation, based in Paintsville, Kentucky, and thereby indirectly acquire Citizens Bank of Kentucky, Inc.
In addition, the Board authorized Peoples Bank, the subsidiary of Peoples Bancorp, to merge with Citizens Bank of Kentucky, Inc. and to establish and operate branches at the locations of that institution. The press release noted that an Order (PDF), a Statement by Governor Barr, and the Board votes are available for review.
Media inquiries can be directed to the Federal Reserve’s press office via email at media@frb.gov or by phone at (202) 452-2955.
