Citizens Bancshares Corporation (CZBS)

48.25 -0.75 (-1.53%) At close: 02:09PM EDT

Citizens Bancshares Corporation

230 Peachtree Street, NW
Suite 2700
Atlanta, GA 30303
United States
678 406 4000
https://ctbconnect.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Cynthia N. Day CPA	President, CEO & Director	351.65k	N/A	1966
Mr. Samuel J. Cox CPA	Executive VP & CFO	184.02k	N/A	1958
Mr. Frederick Lawrence Daniels Jr.	Executive VP & Chief Credit Officer	160.61k	N/A	1966
Ms. Karen Jackson	Senior Vice President	N/A	N/A	1967
Mr. Farrand O. Logan	Executive VP and Director of Sales & Business Development	N/A	N/A	N/A

Amounts are as of 31 December 2015, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Citizens Bancshares Corporation operates as the holding company for Citizens Trust Bank that provides various commercial banking services to individual and corporate customers. The company offers checking and savings accounts; and demand and money market deposits. Its loan products include commercial, financial, and agricultural loans; loans secured by personal property, such as automobiles, marketable securities, and other titled recreational vehicles and motorcycles, as well as unsecured consumer debt; commercial real estate loans; single-family residential loans; and construction and development loans. The company also offers investment accounts and certificate of deposit account registry services. In addition, it provides merchant services, which include point of sale terminal, credit and debit card processing, electronic benefits transfer, gift card, and Internet shopping cart services; cash management services; and credit cards. Further, the company offers online and mobile banking, as well as check reorder services. Citizens Bancshares Corporation was founded in 1921 and is headquartered in Atlanta, Georgia.

Corporate governance

Citizens Bancshares Corporation’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.