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Fed approves Peoples Bancorp merger with Citizens National Corporation

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The Federal Reserve Board on Friday approved the application by Peoples Bancorp Inc. to merge with Citizens National Corporation.

Peoples Bancorp Inc., of Marietta, Ohio, received approval to merge with Citizens National Corporation, and thereby indirectly acquire Citizens Bank of Kentucky, Inc., both of Paintsville, Kentucky.

The Board also gave its approval for Peoples Bank, of Marietta, Ohio, to merge with Citizens Bank of Kentucky, Inc., and to establish and operate branches at the locations of Citizens Bank of Kentucky, Inc.

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