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Citizens National Bank Expands Service Area to Include Defiance, Ohio

News Releases — January 3, 2011



Two VP/Business Development Officers and Commercial/Agricultural Loan Assistant Join CNB Team

Citizens National Bank is excited to announce the opening of a new loan production office in Defiance, OH. Located on the second floor at 607 W. Third Street, the office began servicing customers in December. It will provide commercial business development services to the area, including real estate loans, commercial lines of credit, agricultural lending and access to deposits through the bank's Online for Business and Merchant Capture services. "The needs of the Defiance community play to the strengths of our bank - a strong commercial base and a focus on agriculture. We've developed a keen understanding of the importance of building personal relationships with these clients and developing unique funding solutions for each of them," comments President/CEO, J. Michael Romey.

A key component of fostering those relationships is providing professional banking officers who are familiar with this area of Ohio. Citizens National Bank is proud to name Jason LaBounty and Adam Fritz as VP/Business Development Officers in the Defiance office. Joining them as a Commercial/Agricultural Loan Assistant is Sharon Bassett. Both Jason and Adam will be responsible for establishing new commercial relationships for CNB, as well as analyzing current customer portfolios on a regular basis. Sharon will provide lending support and customer service for Defiance clients.

With a degree in Finance from Defiance College, Jason has worked in the financial industry since 2003. He is currently a Defiance College Alumni Executive Board Member and Finance Committee member for the Putnam County YMCA. He and his wife, Melissa, and daughter, Addyson, attend Apostolic Christian Church in Latty, OH and reside in Paulding.

Adam, also a graduate of Defiance College, has seven years of banking experience, specializing in Agricultural Lending. He is a member of the Christ our Savior Lutheran Church and the Defiance Lions Club. He and his wife, Kara, reside in Defiance.

Sharon attended classes at Northwest State Community College in Archbold, OH and has more than 25 years of banking experience. She is involved with the United Way committee of Defiance County and is a member of St. Johns Lutheran Church. Sharon has two daughters, Lindsey Bassett of Marysville, OH and Kaci Bassett of Oxford, OH and resides in Ney.

With offices in Bluffton, Celina, Elida, Findlay, Lima, Springfield, Van Wert and Defiance, Citizens National Bank has assets totaling more than $565 million and has been serving the communities of West Central Ohio since 1920.