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Article: Citizens Bank Announces Major Expansion in Oakland County.
- Article from:
- Business Wire
- Article date:
- November 24, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
OAKLAND COUNTY, Mich.--(BUSINESS WIRE)--Nov. 24, 2003
Citizens Banking Corporation (Nasdaq:CBCF) has announced a major expansion in Oakland County, Michigan. The company intends to make a capital investment of $35 to $40 million and will open 10 to 14 new branches and two hub offices over the next 24 months.
This initiative will significantly add to the bank's current Oakland County presence of seven branches, increase its staff by up to 180 employees, give local bankers greater authority to act quickly on loan applications and other decisions, and give the marketplace convenient access to bankers.
In announcing the ...