News Details

EAU CLAIRE, Wis.--(BUSINESS WIRE)-- Citizens Community Bancorp, Inc., (NASDAQ: CZWI), the holding company for Citizens Community Federal, today announced that it recently opened its new branch in the Walmart supercenter in Shawano, Wis. The full-service location is at 1244 East Green Bay Street in Shawano.

Said Tim Cruciani, executive vice president of Citizens Community Bancorp, Inc., "We are excited about expanding our footprint in Shawano and providing Citizens' brand of high-quality banking and superior service to the local community. This is the fourth out of our six planned new Walmart branch openings in 2009. We're committed to offering shoppers expanded banking hours and greater accessibility."

As previously announced, the Company plans to open two additional branches in Plover, Wis., and Oak Park Heights, Minn., in 2009.

About Citizens Community Bancorp, Inc.
Citizens Community Bancorp, Inc., based in Eau Claire, Wis., is the holding company for Citizens Community Federal, a federal savings association operating 24 full-service banking offices in Wisconsin, Minnesota and Michigan. Please visit us online at www.citizenscommunityfederal.net.

Except for historical information contained herein, the matters contained in this news release and other information in the Company's SEC filings, may express "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including statements that are other than statements of historical facts. The risks and uncertainties that may affect the operations, performance, development, growth projections and results of the Company's business include, but are not limited to, the growth of the economy, interest rate movements, timely development by the Company of technology enhancements for its products and operating systems, the impact of the Company to successfully integrate acquired companies, Congressional legislation, changes in regulatory or generally accepted accounting principles and similar matters. Readers are cautioned not to place undue reliance on forward-looking statements that are subject to influence by the named risk factors and unanticipated future events. Actual results, accordingly, may differ materially from management expectations.

Citizens Community does not undertake, and specifically disclaims, any obligation to publicly release the results of any revisions which may be made to any forward-looking statements to reflect the occurrence of anticipated and unanticipated events or circumstances after the date of such statements.

    Source: Citizens Community Bancorp, Inc.