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| Additional information |
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| The Citizens Bank of Clovis |
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Overview:
Incorporated on January 7, 1916, with capital stock of $25,000, The Citizens Bank of Clovis has become the largest independent financial institution in East-Central New Mexico now with assets of some $200,000,000. With capital in excess of $30,000,000. it is one of the best capitalized banks in New Mexico.
The Citizens Bank of Clovis is a locally owned community bank with deep and lasting roots in its area. The staff at Citizens is known for providing customer service with an interested and personal touch. Citizens is able to provide banking assistance worldwide with a variety of forward banking services, including Internet Banking and Voice Access. Bank directors, officers, and employees welcome the opportunity to meet, talk, and serve you! |
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History:
On February 19, 1920, a group of investors led by S. J. (Sid) Boykin and A. W. Skarda organized Farmers State Bank of Clovis. Four years later Farmers State Bank merged with The Citizens Bank, becoming The Citizens Bank of Clovis with S. A. Jones serving as president and A. W. Skarda serving as cashier. Skarda became President in 1940, serving in that position until 1967 when T. E. Willmon, Jr. became president. Kent Carruthers became president in 1986 and still serves in that capacity.
Since 1968 the bank has functioned with three directors currently being, Lynell G. Skarda, a lawyer and son of A.W. Skarda, J. T. Skarda, son of Langdon L. Skarda, a former lawyer, rancher, and brother to Lynell, and Kent Carruthers our bank's President.
Clovis is the county seat of Curry County midway North and South in New Mexico, and 10 miles West of the Texas line. The city has a population of some 34,000 and the county 48,000. Clovis has become a trade and financial center serving its own and area population of some 140,000 North to Tucumcari, West to Santa Rosa, South to Milnesand, and East to Friona, Texas. Cannon Air Force Base is six miles West of Clovis and its extensive Melrose Bombing Range is Southeast of Melrose.
The Bank's area is agricultural with crops of wheat, milo, corn, cattle, and dairies. Clovis has an outstanding Community College, and is just 18 miles from Eastern New Mexico University an excellent liberal arts institution. Clovis' public schools and infrastructure are admirable.
The bank has full service branches at Fort Sumner and Texico, N.M., two drive-up facilities in Clovis, and ATM facilities. A Trust Department has been operated since 1956. |
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