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Citizens Community Bancorp to Open In-Store Branch in Winona, Minn., Wal-Mart Supercenter.


EAU CLAIRE Eau Claire (ō klâr), city (1990 pop. 56,856), seat of Eau Claire co., W central Wis., on the Chippewa at the mouth of the Eau Claire River, in a hilly lake region; inc. 1872. , Wis adv. 1. Certainly; really; indeed.
v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis.
. -- Citizens Community Bancorp, Inc., (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: CZWI), the holding company for Citizens Community Federal, today announced that it has signed a letter of intent with Wal-Mart to open a new branch inside the Wal-Mart Supercenter in Winona, Minn. The branch--located at 955 Frontenac Drive in Winona--is scheduled to open on November 3, 2008.

Said Tim Cruciani, executive vice president of Citizens Community Bancorp, Inc., "We are very excited about the opening of our new branch in the Winona Wal-Mart Supercenter. This new branch will provide our Winona customers with superior service in a convenient location. Our continued expansion into Wal-Mart Supercenters across Minnesota and Wisconsin provides us with excellent potential to attract new core deposits."

Winona marks the Company's eleventh In music or music theory an eleventh is the note eleven scale degrees from the root of a chord and also the interval between the root and the eleventh.

Since there are only seven degrees in a diatonic scale the eleventh degree is the same as the subdominant and the interval
 planned branch opening--four of which have been completed--inside Wal-Mart Supercenters across Minnesota and Wisconsin.

Financial Supermarkets Financial Supermarket

A company offering a wide range of financial services (e.g. stock, insurance and real-estate brokerage).

Notes:
For the consumer, a financial supermarket can offer convenience and efficiency, since his/her money is not being continually shifted from
, Inc., the company that represents Wal-Mart in licensing the retail in-store banking concept to financial institutions such as Citizens Community Federal, stated that it is excited about the new Citizens in-store branch in Winona.

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 14 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  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 Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap. , the impact of the Company to successfully integrate acquired companies, Congressional legislation, changes in regulatory or generally accepted accounting principles The standard accounting rules, regulations, and procedures used by companies in maintaining their financial records.

Generally accepted accounting principles (GAAP) provide companies and accountants with a consistent set of guidelines that cover both broad accounting
 and similar matters. Readers are cautioned not to place undue reliance on forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 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.
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Publication:Business Wire
Date:Aug 1, 2008
Words:416
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