Citizens Federal Deal Gains

ROCKY MOUNT, N.C. -- Citizens Federal Savings and Loans of Rutherfordton, N.C., has received approval from the Office of Thrift Supervision to convert from the mutual to the stock form of organization, paving the way for its acquisition by Centura Banks Inc.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.