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EASTHAMPTON, Mass. — bankESB, the tradename for Easthampton Savings Bank, recently completed its acquisition of Citizens National Bancorp, Inc. (CNB), the holding company for The Citizens National Bank.
Following completion of the merger bankESB will have consolidated assets of nearly $1.4 billion and a branch network of 15 full-service offices.
Matthew S. Sosik, bankESB president and CEO, said “Our merger brings together two financially sound and community-minded banks to create an even stronger company to serve our customers’ financial needs. We are very excited about the future and we’re certain that the Windham County communities will be too.” All offices of Citizens National will remain open and will operate under the CNB tradename. “Our present customers will see the same familiar faces at all of the same branch locations. Customers will begin to see many enhanced products and services over time,” said Sosik.
Sosik added that CNB retained the local talent of VP Jo-Ann Chenail and SVP Shawn McNerney. “Jo-Ann will continue to manage the retail and branch operations of CNB as she has done successfully for years and Shawn will continue to serve as CNB’s senior commercial lender. Both Shawn and Jo-Ann are well known and well respected members of the community and are excellent bankers,” said Sosik.