German American Bank Announces Merger

Jasper (NNDC):

German American Bancorp, Inc. and Citizens First Corporation, of Bowling Green, announced that they have entered into an agreement to merge Citizens First into German American Bank.

On completion of the transaction, Citizens First’s subsidiary bank, will be merged into German American’s subsidiary bank, German American Bank.

Mark Schroeder, Chairman and CEO said they are excited to welcome Citizens First customers and team members to the German American family.  He further commented that Citizens First has built a solid and growing community banking franchise and that  the acquisition furthers our expansion into vibrant Kentucky markets and strengthens our local presence in the Bowling Green market area, which has demonstrated a history of dynamic growth.

German American is consistently among the nation’s best performing community banking organizations.

The transaction is expected to be completed in the third quarter of 2019.

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