15275, Citizen Trust Posted by urbgriot, Tue May-15-01 03:18 AM
Citizen Trust attempted to do this but once the word came out of how the actual owners were the plan got nixed. It is not easy for Black Banks to do this, however Citizen Trust is pretty sound from what I understand, even if it is small in size, but it still could not play the field. The states are to high for majority banks to allow one of ours to just post up. My take is that, and what I understand Citizen Trust is doing, is strengthening their position in the Black suburbs around the city, and increase their services into money market accounts, real estate, and insurance.
peace..
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