Citizens Trust Bank Promotes Internal Counsel

Apr 05, 2001, 01:00 ET from Citizens Trust Bank

    ATLANTA, April 5 /PRNewswire/ -- Citizens Trust Bank announced that it had
 promoted its Internal Counsel, Karen C. Jackson, Esq., CPA to the office of
 Senior Vice President.  Before her addition to the bank, the 79-year-old
 institution had always sought legal counsel from outside firms.  Since she
 joined in May of 1997, Ms. Jackson has helped the bank significantly reduce
 its legal and professional fees.
     "Ms. Jackson has had a tremendous impact on the profitability of the
 bank," remarks Willard C. Lewis, senior executive vice president and chief
 operating officer of the bank.  "Not only has she established a Legal
 department in the bank, but she also provides me with corporate governance
 support as well."
     In her new position, Ms. Jackson plans to further develop and expand the
 Legal department of the bank.  Currently, she is responsible for the
 management of the Legal Department as well as the Security Department of the
 bank, the review of all contracts and legal documents, the mitigation of all
 legal disputes involving the bank and representation in legal proceedings.  In
 addition to serving as Internal Counsel, Ms. Jackson is also the Assistant
 Secretary for Citizens Bancshares Corporation, holding company for the bank.
     "My goal is to further reduce legal overhead incurred through the normal
 operation of the bank," said Ms. Jackson.  "Through more extensive training
 programs for branch personnel and standardization of forms and procedures, I
 expect the bank to receive an even greater reduction in legal fees."
     Ms. Jackson attained a Bachelor of Business Administration degree with a
 concentration in Accounting from the University of Michigan in Ann Arbor,
 Michigan.  She later went on to receive her Law degree from the University of
 North Carolina at Chapel Hill.  In 1992, Ms. Jackson earned recognition as a
 Certified Public Accountant.  Among the various civic and community
 organizations she is involved with, Ms. Jackson is a member of the Georgia
 Association of Black Women Attorneys, the American Corporate Counsel
 Association, the American Institute of Certified Public Accountants, the
 Fulton County Community Prosecutor's Office Advisory Board and Delta Sigma
 Theta Sorority, Incorporated.
     Citizens Trust Bank has been partners in the community since 1921.  It is
 one of the nation's largest African-American-owned banks with over
 $260 million in assets.  Citizens Bancshares Corporation
 (OTC Bulletin Board:   CZBS) offers its common stock over-the-counter to the
 general public under the trading symbol CZBS.
     The Company's web site is www.ctbconnect.com .
 
 

SOURCE Citizens Trust Bank
    ATLANTA, April 5 /PRNewswire/ -- Citizens Trust Bank announced that it had
 promoted its Internal Counsel, Karen C. Jackson, Esq., CPA to the office of
 Senior Vice President.  Before her addition to the bank, the 79-year-old
 institution had always sought legal counsel from outside firms.  Since she
 joined in May of 1997, Ms. Jackson has helped the bank significantly reduce
 its legal and professional fees.
     "Ms. Jackson has had a tremendous impact on the profitability of the
 bank," remarks Willard C. Lewis, senior executive vice president and chief
 operating officer of the bank.  "Not only has she established a Legal
 department in the bank, but she also provides me with corporate governance
 support as well."
     In her new position, Ms. Jackson plans to further develop and expand the
 Legal department of the bank.  Currently, she is responsible for the
 management of the Legal Department as well as the Security Department of the
 bank, the review of all contracts and legal documents, the mitigation of all
 legal disputes involving the bank and representation in legal proceedings.  In
 addition to serving as Internal Counsel, Ms. Jackson is also the Assistant
 Secretary for Citizens Bancshares Corporation, holding company for the bank.
     "My goal is to further reduce legal overhead incurred through the normal
 operation of the bank," said Ms. Jackson.  "Through more extensive training
 programs for branch personnel and standardization of forms and procedures, I
 expect the bank to receive an even greater reduction in legal fees."
     Ms. Jackson attained a Bachelor of Business Administration degree with a
 concentration in Accounting from the University of Michigan in Ann Arbor,
 Michigan.  She later went on to receive her Law degree from the University of
 North Carolina at Chapel Hill.  In 1992, Ms. Jackson earned recognition as a
 Certified Public Accountant.  Among the various civic and community
 organizations she is involved with, Ms. Jackson is a member of the Georgia
 Association of Black Women Attorneys, the American Corporate Counsel
 Association, the American Institute of Certified Public Accountants, the
 Fulton County Community Prosecutor's Office Advisory Board and Delta Sigma
 Theta Sorority, Incorporated.
     Citizens Trust Bank has been partners in the community since 1921.  It is
 one of the nation's largest African-American-owned banks with over
 $260 million in assets.  Citizens Bancshares Corporation
 (OTC Bulletin Board:   CZBS) offers its common stock over-the-counter to the
 general public under the trading symbol CZBS.
     The Company's web site is www.ctbconnect.com .
 
 SOURCE  Citizens Trust Bank