Advisory Committee on Economic Inclusion (ComE-IN)
Guest Speaker Biographies - James Young
Mr. Young joined
Citizens Trust Bank of Atlanta on February 2, 1998 as President & Chief
Executive Officer as a result of the merger of the institution and DeKalb
County’s First Southern Bank, where he had been President and CEO since
1993. During his First Southern Bank tenure, he guided that bank’s expansion
by opening two new branch locations, the establishment of a holding company
and the acquisition of a mortgage company. Under his leadership, First
Southern bank grew from $22 million in assets to $58 million at the time of
the merger. The merger of the two institutions created a financial services
company with $184 million in assets and 11 Metro-Atlanta banking locations,
one of the top five African-American owned commercial banks in the country.
In February of 2003, Citizens Trust Bank acquired the $104 million asset
Citizens Federal Savings Bank of Birmingham, Alabama. The acquisition, the
bank’s first venture across state lines, provided an exciting new market for
Citizens Trust and easier access to capital for the residents and small
businesses of the Birmingham area. At December 31, 2006, the total assets
of the company stood at $335 million. In addition, the company was cited by
the Atlanta Journal-Constitution as one of Georgia’s Top 100 publicly traded
companies ranked by 2006 performance. Citizens Trust Bank was the only
African-American owned company qualified for inclusion on the list.
He received his initial
training in banking in 1971 in New York City as a Management Trainee with
the Chase Manhattan Bank. After extensive credit training, Mr. Young became
a Lending Officer in that institution in 1972. After completing lending
assignments in Chase’s Corporate Banking Department, he became a Vice
President and Team Manager in the Bank’s Credit Audit Division where he was
responsible for assessing the quality of the Bank’s loan portfolio
worldwide. He later became a Human Resources Specialist and was in charge of
Chase’s Equal Opportunities Program before leaving in 1989 to join City
National Bank of New Jersey as Vice President -Chief Commercial Loan
Officer. After working with the President of City National to successfully
return that institution to sound and profitable operations, he was promoted
in 1990 to Senior Vice President-General Administration & Commercial Loans.
Mr. Young, a native of
Cleveland, Tennessee received his Bachelor of Science Degree in Business
Administration from Tennessee State University in 1971.
He is a member of the
Board of Directors of: The National Bankers Association, The Georgia
Chamber of Commerce, The Atlanta Action Forum, Central Atlanta Progress; The
Commerce Club; Rock-Tenn Company. In addition he is a member the Board of
Councilors of The Carter Center; the DeKalb County Chapter of 100 Black Men
of America and Antioch AME Church in Stone Mountain.
He has been married for
thirty-five years to Rebecca Young, a DeKalb County Public Schools teacher.
They are the parents of three sons and a daughter.