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GBC Bank Wealth Management Acquires Citizens State Bank Trust Business

Greenfield, IN – 1/22/2024. GBC Bank and GBC Bank Wealth Management announced today the successful acquisition of the trust portfolio from Citizens State Bank of New Castle. This strategic move marks a milestone in our commitment to expanding our services, our footprint, and strengthening our position in the financial industry in central Indiana.

The acquired trust portfolio, known for its diversified and well-managed assets, aligns seamlessly with GBC Bank’s vision of providing unparalleled financial solutions to our clients. This acquisition is a testament to our dedication to delivering excellence in wealth management and trust services.

“Both the teams at GBC Bank and Citizens State Bank have worked tirelessly for a seamless transition,” said Michael Graf, President & CEO of GBC Bank. “We look forward to serving these new customers and thank Citizens State Bank for their trust in us to do so.”

As GBC Bank and GBC Bank Wealth Management welcome the new trust portfolio, we look forward to building strong relationships with the clients involved and delivering exceptional value through our enhanced wealth management services.

“We try to live our values daily by being caring, professional, and responsive community partners”, stated Diane Renforth, Director GBC Bank Wealth Management. “We accomplish this by providing individuals, area businesses, and non-profit organizations customized financial advice and solutions where the customers’ needs are center. We are looking forward to expanding our values and services to our newest GBC Wealth Management clients”.

For over 150 years, GBC Bank has delivered high-quality financial solutions and personalized, friendly service. This service is fostered by a company culture of community involvement, support, and volunteerism. As we continue in our next centennial of service, our strong, conservative principles will drive our success. Our sound lending practices, products and delivery channels will provide convenience, technology, and secure banking.

Media Contact:

Andy Wilkins

Director of Marketing

317.467.7037 ext. 5290

Main Office

1920 N State Street
Greenfield, IN 46140