Citizens Trust Bank: Difference between revisions

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[[Image:CTB_logo.gif|right]]
[[Image:CTB_logo.gif|right]]
'''Citizens Trust Bank''' is an Atlanta, GA-based bank which has one branch in downtown Birmingham. Citizens Trust was founded in 1919 as the first bank to serve the African American community in Atlanta.  In 1947, it was the first African American owned bank to become a member of the Federal Reserve Bank.
'''Citizens Trust Bank''' is an Atlanta, Georgia-based bank which has a main office for its Alabama division located in the former [[Citizens Federal building|Calder Building]] at 1700 [[3rd Avenue North]] in downtown Birmingham. Citizens Trust was founded in [[1919]] as the first bank to serve the African-American community in Atlanta.  In [[1947]], it was the first African American owned bank to become a member of the Federal Reserve Bank.


==Citizens Federal Savings Bank==
Citizen Trust Bank moved into the Birmingham market in February [[2003]] with the acquisition of Birmingham's first minority-owned bank, [[Citizens Federal Savings Bank]] for $10 million in cash. Citizens Federal's Chairman and CEO [[Bunny Stokes, Jr]] became the CTB Birmingham Division President, before retiring in [[2004]].
Citizen Trust Bank moved into the Birmingham market in February [[2003]] with the acquisition of Birmingham's first minority-owned bank, '''Citizens Federal Savings Bank''', and its holding company '''CFS Bancshares'''.  Citizens Federal was founded in [[1957]] by businessman [[A G Gaston]]. Citizens Federal's Chairman and CEO [[Bunny Stokes]] became the CTB Birmingham Division President, before retiring in [[2004]].


== External Link ==
== External Link ==
 
* [http://www.ctbconnect.com/history.html Citizens Trust Bank] website
[http://www.ctbatlantahb.com/home/?pageLabel=about.about_history Citizens Trust Bank] website


[[Category:Banks]]
[[Category:Banks]]
[[Category:3rd Avenue North]]
[[Category:17th Street North]]

Revision as of 15:49, 4 July 2008

CTB logo.gif

Citizens Trust Bank is an Atlanta, Georgia-based bank which has a main office for its Alabama division located in the former Calder Building at 1700 3rd Avenue North in downtown Birmingham. Citizens Trust was founded in 1919 as the first bank to serve the African-American community in Atlanta. In 1947, it was the first African American owned bank to become a member of the Federal Reserve Bank.

Citizen Trust Bank moved into the Birmingham market in February 2003 with the acquisition of Birmingham's first minority-owned bank, Citizens Federal Savings Bank for $10 million in cash. Citizens Federal's Chairman and CEO Bunny Stokes, Jr became the CTB Birmingham Division President, before retiring in 2004.

External Link