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Citizens Ban Ord (CZBS) provides community-focused banking services through residential mortgages, commercial lending, and economic empowerment programs. This news hub offers investors and stakeholders timely access to official announcements, financial disclosures, and strategic developments.
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Citizens Bancshares (CZBS) has announced the appointment of Alicia V. J. Wilson to its Board of Directors. Wilson, who currently serves as Chief Audit Officer and Vice President of Internal Audit for Southwire, brings extensive expertise in corporate finance, risk management, and strategic development.
The appointment strengthens CZBS's governance structure, particularly in the areas of internal auditing and risk management, which are important in the highly regulated banking industry. Wilson will work alongside other board members to provide strategic oversight and governance, supporting the bank's growth initiatives and commitment to customer-centered solutions.
Both Ray Robinson, Chairman of the Board, and Cynthia N. Day, President and CEO, expressed confidence that Wilson's expertise will contribute significantly to the company's strategic direction and innovation efforts.
Citizens Trust Bank has appointed Sherry L. Martin as First Vice President and Senior SBA and Commercial Banking Team Leader for Georgia and Tennessee markets. With over 20 years of experience, Martin will lead the bank's SBA lending strategies and manage commercial banking operations. Her expertise includes supporting community banks, credit unions, and CDFIs in developing SBA lending programs.
Martin played a key role during the COVID-19 pandemic by adapting lending practices for the Paycheck Protection Program (PPP). She holds leadership positions in various organizations, including Chair of the Invest Atlanta credit committee and Committee Chair of NAGGL. Martin's appointment aligns with Citizens Trust Bank's mission to enhance business support and community development through increased access to capital.
Citizens Trust Bank has appointed Walvid D. King, Sr. as the new Alabama Market President. King will be responsible for overseeing strategic initiatives, driving growth, and strengthening community partnerships in the Alabama market. With extensive experience in strategy, business development, and community engagement, King brings a proven track record of cultivating relationships across public and private sectors.
President and CEO Cynthia N. Day highlighted King's exceptional leadership and deep understanding of financial needs, noting his role in advancing the bank's mission of economic equality. As a native of Alabama, King will focus on expanding the bank's footprint and offerings while providing innovative solutions for customers.
The appointment aligns with Citizens Trust Bank's century-long commitment to serving diverse communities and fostering financial independence through customer-focused solutions.
Citizens Trust Bank (CTB) and Operation HOPE have announced a major partnership aimed at enhancing financial wellness for underserved communities. This expanded collaboration includes the HOPE Inside coaching program, which will provide personalized debt counseling and financial education. The initiative is designed to empower individuals and small business owners, promoting financial stability.
Cynthia N. Day, CEO of CTB, emphasized the bank's commitment to community impact, while Operation HOPE's John Hope Bryant highlighted the partnership's potential to transform lives. The program will serve communities across the Atlanta area through in-person and virtual coaching.
On Nov. 30, 2022, TD Bank announced a strategic $5 million equity investment in Citizens Trust Bank, a black-owned Minority Depository Institution. This investment aims to bolster opportunities for minority-owned businesses in the Atlanta region. Citizens Trust Bank, founded in 1921, offers financial services and serves underserved communities. The investment aligns with TD's goals of community enrichment and diversity, reinforcing its commitment to enhancing economic equality. This move marks one of TD's significant MDI investments in the U.S.
Citizens Trust Bank, in collaboration with Good Places Properties, is hosting an open house on February 5 and February 6 in College Park, Georgia. The event aims to assist first-time homebuyers by offering up to $10,000 in down payment assistance. Certified mortgage professionals will provide guidance on homeownership counseling and prequalification for the Ion Arts mixed-use community. This initiative reflects the bank's century-long commitment to fostering economic equality and community development.
Citizens Bancshares Corporation has appointed C. Howie Hodges, II to its board of directors, becoming the eighth member. Hodges brings extensive experience from roles at Bank of America, Time Warner Cable, and as CEO of CH Hodges, Inc. His strategic expertise in public/private partnerships and risk analysis is expected to enhance the Bank's growth initiatives. Chairman Ray Robinson and CEO Cynthia N. Day emphasized Hodges' potential in fostering valuable relationships and driving innovation for the bank. Citizens Trust Bank celebrates 100 years of service.
