SALINEVILLE, Ohio -- Citizens Bancshares said it has completed its acquisition of Unity Bancorp in New Waterford, Ohio.

Unity's subsidiary, the New Waterford Bank, will be merged into the Citizens Banking Co. Citizens funded the purchase by issuing approximately 145,000 shares of common stock. The company now has $720 million of assets.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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