**Citizens Bank of Edmond** is a community bank in Oklahoma, founded in 1901. To give an overview of this bank, here is a general description of their history, services, and community involvements.
### History/ Background
* **Founded**: 1901
* **Headquarters**: **Edmond, Oklahoma**
* **Area Served**: The bank covers the area around Edmond and its vicinity, catering service based on personalized and community-oriented principles.
Services and Offerings
Citizens Bank of Edmond provides a variety of products and services to the public, which are either consumers or businesses:
#### Personal Banking
– **Checking Accounts**
– **Basic Checking**: These are normal checking accounts for a typical user.
– **Interest-Bearing Checking**: This can be an account that pays interest on the account.
– **Premium Checking**: Premium checking account with better benefits like paying higher interest on the account balance and other additional perks.
**Savings Accounts**
– **Regular Savings:** Savings account for personal use.
– **High-Yield Savings:** High-yielding interest rates for savings accounts.
– **Certificates of Deposit (CDs):** Fixed-term deposit accounts where the rate varies depending on the term of the investment.
– **Loans:**
– **Personal Loans:** Unsecured loans for a wide range of needs and expenses.
– **Auto Loans:** Finance for buying or refinancing of vehicles.
– **Mortgages:** Home purchase or financing of residential property.
– **HELOCs (Home Equity Line of Credits):** Lines of credit a borrower can take in one’s home equity.
**Credit Cards:**
– **Standard Credit Cards:** Everyday-use credit cards.
– **Reward Cards:** Usually credit cards for rewards regarding fees or cash backs over usage.
– **Low-Interest Cards:** Designed cards in order to avail lower interests.
#### Business Banking
– **Business Accounts:**
– **Business Checking:** Accounts designed to handle and process business finances and related transactions.
– **Business Savings:** Accounts that align with the business requirements of cash management.
– **Business Loans:**
– **Term Loans:** The loans for capital expenditure, business expansion, or other reasons.
– **Lines of Credit:** Short-term borrowing solutions specifically designed to meet the exact requirements.
– **Equipment Financing:** Loans meant to lease or buy equipment needed for business.
– **Treasury Management:**
Cash Management: Cash flow optimization and management of liquidity.
Payment Processing: Transaction and receivable management services.
Fraud Prevention: Tools and techniques for detection and prevention of financial fraud
#### Technology and Digital Services
modern conveniences with Citizens Bank of Edmond
– Online Banking: A secure environment to perform transfers, pay bills, and manage accounts.
Mobile Banking: The ability of the customer to receive information about his or her accounts and perform banking transactions using a smartphone or a tablet.
### Community
The investment of Citizens Bank of Edmond in the community where it is located is expressed through:
Philanthropy: It practices charitable giving and donations to nonprofit entities that exist at the local level, schools, and other community-based organizations through direct contributions and sponsorships.
Community Development: At the local level, the bank participates in events and projects for the development of a better community and region.
Challenges and Resilience
Being lodged in a community adds to the pressure on Citizens Bank of Edmond, like the economic volatility and competitive pressures, including those coming from large financial conglomerates. The bank’s specialization in the individual approach to service, local community involvement, and close customer relations sustain its resiliency and productivity.
### Legacy and Future
Citizens Bank of Edmond continues a rich tradition of community banking. The bank believes the combination of traditional bank values with progressive financial services will help meet the evolving needs of its customers while staying committed to its hometown of Edmond.
For up-to-date information on Citizens Bank of Edmond, including all products and services and recent news, please refer directly to the bank’s website or contact them at.