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16-555: (Redirected from Citizens National Bank Building ) Citizens National Bank may refer to: Banks [ edit ] Citizens National Bank (Eastern Kentucky) , headquartered in Paintsville, Kentucky Citizens National Bank (Laurel, Maryland) Citizens National Bank (Flint, Michigan) , later part of Citizens Republic Bancorp Buildings [ edit ] Citizens National Bank Building (Glenwood Springs, Colorado) , listed on

32-591: A National Bank Act charter is that a national bank is not subject to state usury laws intended to prevent predatory lending. However, in Cuomo v. Clearing House Association, L. L. C. , the Supreme Court ruled that federal banking regulations do not preempt the ability of states to enforce their own fair-lending laws. There is currently no federal cap on rates. The federal government only requires that whatever rates, fees, or terms are set by issuers be disclosed to

48-536: A property listed on the NRHP Citizens National Bank (Parkersburg, West Virginia) , a property listed on the NRHP See also [ edit ] Citizens Bank (disambiguation) Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Citizens National Bank . If an internal link led you here, you may wish to change

64-976: Is a bank headquartered in Paintsville, Kentucky and is the second largest independently owned bank in Kentucky , with total assets of $ 599.5 million (as of June 30, 2010). Citizens National Bank is a national bank, regulated by the Office of the Comptroller of the Currency , Department of the Treasury . It should not be confused with the smaller Citizens National Bank headquartered in Somerset, Kentucky . The original Citizens National Bank location opened on Main Street in Paintsville on February 16, 1910, and

80-675: The Federal Reserve System . A national bank in the U.S. is distinguished from a state bank , whose permit or charter is granted by one of the U.S. states , and can only do business in that state. The term national bank in the U.S. context originally referred to the Revolutionary War –era Bank of North America , its successor, the First Bank of the United States , or that institution's successor,

96-545: The Second Bank of the United States . The first survives as an acquisition of Wells Fargo , while the others are defunct. In the modern usage since the 1860s, the term national bank has taken a precise meaning: a banking institution chartered and supervised by the Office of the Comptroller of the Currency ("OCC"), an agency in the U.S. Treasury Department , pursuant to the National Bank Act . Inclusion in

112-601: The Motor Bank. Beginning in the late 1970s and early 1980s, Citizens National Bank began to expand rapidly. So to meet the needs of their customers, they opened the Mayo Plaza Branch on November 15, 1978, and the Village Plaza Branch on August 7, 1982. In the latter part of 1982, Citizens National Corporation was created to serve as the holding company of the bank. Then on December 11, 1985,

128-816: The National Register of Historic Places (NRHP) Citizens National Bank (Evansville, Indiana) , a property listed on the NRHP Citizens' National Bank (Worthington, Minnesota) , listed on the NRHP in Nobles County Citizens National Bank (Springville, New York) , a property listed on the NRHP in Erie County Citizens National Bank of Latrobe , Pennsylvania, listed on the NRHP Citizens National Bank (Martinsburg, West Virginia) ,

144-403: The United States, a national bank is an ordinary private bank operating within the federal government's regulatory structure, which usually but not always operates in multiple U.S. states , and is under the supervision of the Office of the Comptroller of the Currency . Depending on the matter, it also may have to comply with some U.S. state regulations. It is legally required to be a member of

160-500: The bank's name of the word National , the designation National Association , or its abbreviation N.A. is a required part of the distinguishing legal title of a national bank, as in "Farmers National Bank" or " Citibank , N.A." Many state banks , by contrast, are chartered by the applicable state government agencies (usually the state's department of banking). The Federal Deposit Insurance Corporation (FDIC) insures deposits at both national and state banks. The advantage of holding

176-665: The consumer in accordance with the Truth in Lending Act . Additionally, from the 1860s until the program was retired in 1935, national banks could issue National Bank Notes , currency backed by bonds deposited with the Treasury. Notwithstanding the name, many national banks do not have nationwide operations. Many have operations in only one city, county, or state. This is because of the McFadden Act of 1927, which prohibited interstate branching by national banks. That restriction

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192-876: The corporation sold two million dollars in Industrial Revenue Bonds to erect a new main office building next to the Family Banking Center. On January 17, 1988, the new four-story main office building opened and shortly afterwards the no longer needed Motor Bank was torn down. In the past decade, Citizens National Bank has merged with three other banks: The Bank Josephine, Heritage Bank of Ashland, and Kentucky National Bank. Currently, there are 17 locations in Boyd , Carter , Fayette , Floyd , Greenup , Johnson , Magoffin and Pike Counties in Kentucky. National bank (United States) In

208-429: The link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Citizens_National_Bank&oldid=1258698067 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Citizens National Bank (Eastern Kentucky) Citizens National Bank

224-424: The oldest continuously operating and most popular bank in the county, they decided to change the bank's name to Citizens National Bank. One year later on February 15, a new location was opened on the corner of Broadway and Tenth Street. This location was called The Motor Bank Branch because it was the first branch location to have a drive-thru. Then on March 29, 1971, the bank built the Family Banking Center adjacent to

240-509: Was known as Paintsville Bank and Trust Company . In 1917, a new two-story building was constructed to replace the much smaller frame building that was located just down the street. Then on January 3, 1927, the bank became a national bank and was renamed the Second National Bank of Paintsville . After a few more years, the bank became the principal bank of Paintsville and Johnson County. So on June 30, 1959, to celebrate being

256-527: Was not lifted until Congress enacted the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 . In August 2021, Chase Bank became the first national bank to establish a retail presence in all 48 states of the contiguous United States . National banks are distinguished from federal savings associations , including federal savings and loans and federal savings banks , which are financial institutions chartered by

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