Citizens Bank & Trust has received full regulatory approval to acquire the Dade City and Valrico offices of The Bank of Tampa, according to a news release.
These offices, formerly owned by Hillsboro Bank, are located in Pasco and Hillsborough counties, respectively.
This move represents the first expansion outside Polk County for Citizens Bank & Trust, the release says.
“This is such an exciting time for us at Citizens Bank & Trust,” Greg Littleton, president and CEO of Citizens Bank & Trust, said in the release. “We have served the people of Polk County for the past century. We look forward to welcoming these new customers to the Citizens Bank & Trust family, and developing new business and personal relationships within both communities,” he said.
Hillsboro Bank customers were previously notified of the pending acquisition of the Dade City and Valrico office locations. Both offices were expected to open for business as Citizens Bank & Trust on Nov. 1.
