Citizens Federal Savings Bank: Difference between revisions
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'''Citizens Federal Savings Bank''' was a privately-held bank founded in [[1956]] by [[A. G. Gaston]]. | '''Citizens Federal Savings Bank''' (formerly '''Citizens Federal Savings & Loan''') was a privately-held bank founded in [[1956]] by [[A. G. Gaston]]. | ||
In [[1968]] Gaston bought and renovated the former [[Citizens Federal building|Calder Building]] at [[3rd Avenue North]] and [[17th Street North|17th Street]] to serve as the bank's headquarters office. The bank also had branches on [[Bessemer Road]] and in Eutaw (Greene County). | In [[1968]] Gaston bought and renovated the former [[Citizens Federal building|Calder Building]] at [[3rd Avenue North]] and [[17th Street North|17th Street]] to serve as the bank's headquarters office. The bank also had branches on [[Bessemer Road]] and in Eutaw (Greene County). | ||
Revision as of 01:19, 11 December 2008
Citizens Federal Savings Bank (formerly Citizens Federal Savings & Loan) was a privately-held bank founded in 1956 by A. G. Gaston.
In 1968 Gaston bought and renovated the former Calder Building at 3rd Avenue North and 17th Street to serve as the bank's headquarters office. The bank also had branches on Bessemer Road and in Eutaw (Greene County).
Bunny Stokes, Jr was appointed chairman and CEO by Gaston in 1990. In 2001 the bank reported assests of $108 million.
In May 2002 Ciizens Federal was acquired by Atlanta, Georgia's Citizens Trust Bank for $10 million in cash. Stokes became president of the combined bank's Alabama division until his retirement in 2004.
References
- Zganjar, Leslie (May 31, 2002) "Atlanta bank buying Citizens Federal." Birmingham Business Journal