About Us
The Citizens Bank of Clovis
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 in excess of $458,000,000.
With capital in excess of $55,456,000, it is one of the best
capitalized banks in New Mexico.
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, J.T.
Skarda, Jennifer Skarda McCann, and Kent Carruthers, our bank's
president.
Clovis is the
county seat of Curry County in New Mexico, and 10 miles west of the
Texas line. The city has a population of approximately 37,000 and
the county 48,000. Clovis has become a trade and financial center,
serving an area population of approximately 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 in Fort Sumner and Texico, New
Mexico, two drive-up facilities in Clovis, and four ATM locations.
We also have two loan production offices, one in Ruidoso, New
Mexico, and the other in Moriarty, New Mexico. The bank has operated
a trust department since 1956.
