Citizens Bancshares Co. completes $7.2M private placement
Bank failures: The importance of liquidity and funding data
Staying Strong in Volatile Markets: How Banks Can Overcome Challenges to Funding and Lending
Silicon Valley Bank Uncovering Regional Bank Stress with Equity Driven Credit Models
A Scorecard Approach Helps a Bank Assess Credit Risks with Smaller Companies
Kansas City, Mo.-based Citizens Bancshares Co. has sold $7.2 million in equity, according to a recent Form D filing.
The funding is not intended for a business combination transaction, according to the form. One investor participated in the offering, with the first sale occurring Feb. 9.
Management declined to comment on what the funding will be used for.
