Happy State Bank purchases eight area Citibank locations

Happy State Bank will soon go from being the sixth largest bank in the local market to the number two.

Happy State Bank has purchased eight area Citibank locations. That move will add 240 million dollars in deposits making Happy State's assets worth around 900 million.

Customers can expect to see changes at Citibanks in Amarillo, Pampa and Hereford this June. No employee layoffs are expected as a result of the purchase.