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Citizens Bancorp of Oviedo Inc. records, 1946-2020

 

Summary

Creator:
Citizens Bancorp of Oviedo, Inc.
Abstract:
Citizens Bancorp of Oviedo Inc. records, 1946-2020 ,contain banking materials dating back to 1946, bank newsletters and annual reports, certificates, bank by-laws, emergency preparedness plans, newspaper articles, photographs, and VHS tapes and compact discs of events created and collected by the Citizens Bancorp of Oviedo. These materials document the history of the bank since it opened in 1946. After the original Bank of Oviedo permanently closed in January 1930, Oviedo, Florida residents were left without a bank in town for sixteen years. In 1945, local businesspeople applied for a new bank charter and on July 1st, 1946, the Citizens Bank of Oviedo opened on Broadway Street. By late 1946, the bank had a little over one million dollars in assets. The Citizens Bank opened an Alafaya branch in April 1986, an Oviedo Marketplace Mall branch in March 1999, and a Red Bug branch in March 2002. Additional branches were opened in Winter Park, Sanford, Longwood, and DeLand between 2007 and 2019. In 2006, the Citizens Bank of Oviedo became the Citizens Bank of Florida. In November 2021, shareholders agreed to merge the Citizens Bank of Florida into Fairwinds Credit Union.
Extent:
17 Linear Feet 15 boxes, 1 flat file
Language:
English
Preferred citation:

Citizens Bancorp of Oviedo, Inc. records, Special Collections and University Archives, University of Central Florida, Orlando, Florida.

Background

Scope and content:

This collection holds various materials related to the Citizens Bank of Oviedo's (CBO) history. The collection consists of four series: Banking Materials, Bank Events, Bank Growth, and Bank Board Members and Employees.

The Banking Materials series (Series I) is the largest of the four. It contains newspaper advertisements, bank newsletters, loans, leases, mortgages, insurance, miscellaneous banking items, annual reports dating from 1946 until 2020, bank emergency preparedness program, by-laws, certificates of incorporation, directors meeting minutes from 1946 until 1956, and deposit slips from July 1946 to January 1947. This series includes oversized materials consisting of ledgers, a cashier's check register, a register of drafts, and a distribution of expense accounts from 1946 until 1956. It should be noted that these banking materials, especially dated materials, do not encompass the entire bank's history. The collection does not contain copies of all the bank's annual reports, there are a few missing years.

Bank Events (Series II) mainly consist of materials relating to bank anniversary events or employee celebrations such as cook-offs and holiday parties. This series also includes newspaper articles, photographs, CDs, VHS tapes, and photo albums.

Bank Growth (Series III) mainly relates to documentation of new construction and grand openings of bank buildings, as well as some information on the bank's history. The series includes newspaper articles, photographs, flyers for grand openings, and papers typed by bank employees that contain a history of the bank until the 1980s.

Bank Board Members and Employees (Series IV) relates to information on any person who worked for the bank, such as bank presidents. This series includes newspaper articles, photographs, and additional papers typed by bank employees.

Biographical / historical:

After the original Bank of Oviedo permanently closed in January 1930, Oviedo, Florida residents were left without a bank in town for sixteen years. In 1945, local businesspeople applied for a new bank charter and on July 1st, 1946, the Citizens Bank of Oviedo opened on Broadway Street. By late 1946, the bank had a little over one million dollars in assets.

The bank continued to expand, moving to a newly constructed building on Geneva Avenue in 1974. The Citizens Bank opened an Alafaya branch in April 1986, an Oviedo Marketplace Mall branch in March 1999, and a Red Bug branch in March 2002. Additional branches were opened in Winter Park, Sanford, Longwood, and DeLand between 2007 and 2019.

In 2006, the Citizens Bank of Oviedo became the Citizens Bank of Florida. In November 2021, shareholders agreed to merge the Citizens Bank of Florida into Fairwinds Credit Union.

Acquisition information:
Gift of the Citizens Bank of Oviedo (Accession no. CFM2022_15).
Processing information:

Collection processed by and finding aid prepared by Asmara Cortes-Caba in 2022. Staples and paperclips were removed from documents and replaced with plastic clips. All materials were placed into acid free folders and in an acid free box. Posters were placed into flat folders. Materials from binders were dismantled and put into folders. Newspapers were photocopied and additional copies were recycled.

Arrangement:

This collection is arranged into four series.

  • I. Banking Materials, 1946-2020
  • II. Bank Events, 1956-2013
  • III. Bank Growth, 1946-2002
  • IV. Bank Board Members and Employees, 1950-2000

Rules or conventions:
Describing Archives: A Content Standard

Access and use

Restrictions:

The entire collection is open for research.  

Terms of access:

Copyright is still owned and controlled by Fairwinds Credit Union.

Preferred citation:

Citizens Bancorp of Oviedo, Inc. records, Special Collections and University Archives, University of Central Florida, Orlando, Florida.

Location of this collection:
John C. Hitt Library
12701 Pegasus Drive, Building 2
Orlando
FL
32816-8030
USA