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Citizens Bank of DeGraff completes merger

The Citizens Bank of DeGraff and Buckeye Nation Interim Inc. have completed an announced merger.

With the combined entity, Citizens will continue as a strong, well-capitalized community bank, while expanding products and services to serve the citizens and local businesses of the DeGraff and Logan county markets.

In addition, the merger will allow Citizens to expand and bring its high-touch service to the central Ohio market.

Citizens is a state-chartered, FDIC-insured commercial bank, formed in 1885 and is one of the oldest, independently- owned and operated financial institutions in the State of Ohio.

Citizens is located at 101 N. Main St., DeGraff, while its new loan office will be located at 200 E. Campus View Boulevard, Suite 200, Columbus.

Mike Wallace, former president of Citizens and continuing member of the board of directors, said the merger “allows our company to continue our mission of delivering great banking service to our community, while we take the next step in our storied history. We are excited about the vision and direction of our combined companies.”

Shawn Keller, who will serve as president and CEO of the merged entities, states “our goal is to bring Starbucks and Nordstrom’s together in the banking environment — matching high level attention to detail with high touch, personal service that causes people to talk. We will offer the technology and services of the big banks while remaining true to our roots and delivering an exceptional customer experience.”  

Buckeye was a company formed by local business leaders and former Ohio State University football players, Dan Wilkinson and Stanley Jackson. In addition to Mr. Keller and Mr. Wallace, the board of directors will consist of: Chairman Steve Haxton, a former executive at Nationwide and current owner of Jacob, Haxton and Boord; Michael Reidelbach, former owner and president of American Health; William Ruse, former CEO of Blanchard Valley Health Systems; Mr. Wilkinson, former NFL player and current franchisee of Chuck E. Cheese; Philip Kinley, former president of Commercial Savings Bank, executive vice president for Citizens.

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