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The Ohio-based banking group has won regulatory approval for a merger that would put Citizens Bank of Kentucky under its control.
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The US Federal Reserve Board announced on 25 September 2026 that it had approved Peoples Bancorp’s application to merge with Citizens National Corporation. The deal would bring Citizens Bank of Kentucky under Peoples Bancorp’s control through an indirect acquisition. [1]
Peoples Bancorp is based in Marietta, Ohio. Citizens National Corporation and Citizens Bank of Kentucky are both based in Paintsville, Kentucky. [1]
The Board also approved the merger of Peoples Bank, based in Marietta, with Citizens Bank of Kentucky, and authorised Peoples Bank to establish and operate branches at the Kentucky bank’s locations. [1]
1 listed sources · explore evidence, limitations and provenance.
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