Centennial Bank and Trust, Citywide Banks plan to merge

DENVER — Denver-based Centennial Bank and Trust, a subsidiary of Heartland Financial USA Inc., and Aurora-based Citywide Banks, a wholly owned subsidiary of Citywide Banks of Colorado Inc., said Monday that their parent companies plan to merge Citywide into Heartland in a stock and cash transaction valued at approximately $203 million.

Citywide Banks will be merged into Centennial Bank and Trust, with the resulting institution operating under the Citywide B

anks brand name.

Citywide Banks is a 53-year-old commercial bank that operates…