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Citizens First Bank

Citizens First Bank
FormerlyFirst Bank of the Villages
IndustryBanking
Founded1991 (1991)
Headquarters,
Number of locations
14 (2021)
Area served
Central Florida; The Villages, Florida
Key people
Lindsey M. Blaise, President & CEO
ProductsChecking accounts, savings accounts, IRAs, CDs, credit cards, and mortgage loans.
Total assets$3.6 billion (2021)
Number of employees
364 (2021)
ParentVillages Bancorporation, Inc.
Websitemycitizensfirst.com

Citizens First Bank is an American community bank that is headquartered in The Villages, Florida.[1] It was founded on July 1, 1991.

As of 2021, Citizens First Bank had 14 branches throughout Central Florida.[2] It holds more than $2 billion in assets and is insured by the Federal Deposit Insurance Corporation.[3] Citizens First Bank is the tenth largest bank in the state of Florida.[4]

A 2014 report claimed that over 72 percent of residents in The Villages, Florida banked with Citizens First Bank.[5] As of 2018, Citizens First Bank had a market share of over 51 percent in The Villages.[6] The company has been noted for its customer service, particularly offering amenities such as lobby hosts and popcorn to customers.[7] The bank has a primarily older clientele, composed mainly of retirees and seasonal residents.[7]

  1. ^ "FDIC: BankFind Search Details". Research.fdic.gov. Retrieved 20 May 2019.
  2. ^ "Locations & Hours". Citizensfb.com. Retrieved 20 May 2019.
  3. ^ "Citizens First Bank of The Villages, FL Reviews and Ratings - Bankrate.com". Bankrate.com. Retrieved 20 May 2019.
  4. ^ "Citizens First Bank (FL)". Deposit Accounts. Retrieved 4 June 2020.
  5. ^ Staff Report (16 May 2014). "The Villages remains a family business". Villages-news.com. Retrieved 20 May 2019.
  6. ^ "FDIC Market Share Report". research.fdic.gov. 20 May 2019. Retrieved 20 May 2019.
  7. ^ a b Corder, David (13 October 2006). "Local Population Boom Creates Frenzied Financial Market". www.thevillagesdailysun. Retrieved 20 May 2019.