1 EXHIBIT 99.1 For Immediate Release CONTACT: John W. Ennest, Vice Chairman, Chief Financial Officer and Treasurer (810) 257-2557 TRADED: Nasdaq SYMBOL: CBCF November 1, 1999 CITIZENS BANKING CORPORATION COMPLETES MERGER WITH F&M BANCORPORATION, INC. Flint, Michigan - Citizens Banking Corporation and F&M Bancorporation, Inc. jointly announced completion of their merger, effective earlier today. F&M Bancorporation, Inc. is a multi-bank bank holding company. Currently, F&M has 20 banks with 72 offices throughout Wisconsin, one bank with 14 offices in Iowa, and one bank with one office in Minnesota. F&M's shareholders will receive 1.303 shares of Citizens common stock for each share of F&M stock owned. The merger is a tax-free transaction for federal income tax purposes and will be accounted for as a pooling-of-interests. This merger increases Citizens Banking Corporation's total assets to $7.6 billion, with a network of 229 branch, private banking and financial center locations and approximately 251 ATM's throughout Michigan, suburban Chicago, Wisconsin, and in Iowa and Minnesota. The banks provide a full range of commercial, consumer, mortgage banking, trust, and financial planning services as well as banking convenience to over 535,000 households.