Citizens Bank of Kansas in Kingman has traded in its national charter for a state charter.
The $225 million-asset bank also plans to update its logo and signage on its six branches, the Wichita Business Journal reported on Wednesday. Jane Deterding, the bank's chairman, general counsel and chief strategic marketing officer, told the publication that the current logo has been in use since 1994.
Citizens Bank applied for the new charter in late January. Deterding told the Wichita Eagle at that time that operating under the Office of the Comptroller of the Currency was "geographically and philosophically different" than having state supervision. She also said the charter change would save the bank $30,000 to $50,000 annually.