Citizens Bank of West Virginia to buy Miners & Merchants Bank

Citizens Bank of West Virginia in Elkins has agreed to buy Miners & Merchants Bank in Thomas, W.Va.

The $687 million-asset company did not disclose what it will pay for the $67.5 million Miners.  The deal is expected to close in the first half of 2026.

“This merger represents a strategic opportunity for Citizens to expand our footprint in the region,” Nathaniel S. Bonnell, Citizens’ president and CEO, said in a press release. “We are proud to offer Miners … customers an expanded portfolio of products and services, including wealth management and the latest in banking technology.”

Commonwealth Advisors and Gerrish Smith Tuck advised Citizens. Performance Trust Capital Partners and Dinsmore & Shohl advised Miners.