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Old 10-05-2015, 02:42 PM
 
787 posts, read 970,095 times
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Looking for a new/local bank. How is it compared to others like Wells Fargo which decided to set up shop right next to Citizens Trust near me. I heard it black owned which peaked my interest, is it really?
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Old 10-05-2015, 04:27 PM
 
Location: East Side of ATL
4,586 posts, read 7,716,577 times
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Quote:
Originally Posted by Larry X View Post
Looking for a new/local bank. How is it compared to others like Wells Fargo which decided to set up shop right next to Citizens Trust near me. I heard it black owned which peaked my interest, is it really?
Yes, Citizen Trust and Capital City are black owned banks.

Not as many locations as WF.
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Old 10-05-2015, 08:09 PM
 
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It has a good reputation and in years past I've known some folks who worked there. I really like dealing with local banks.
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Old 10-05-2015, 10:46 PM
 
787 posts, read 970,095 times
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Thanks, I'll sign up with them this week. Read some history on them and how they invested in some of the most affluent African American neighborhoods in SW Atlanta.

The crazy part is that I've been living near the bank for almost a year, I'm a regular at the Publix on Cascade and I never knew it was their til a week ago, its because Wells Fargo has their hugh bank with big bright signs right next to Citizens Trust which is smaller. I think I thought it was part of WF until I seen the sign last week coming from the Publix parking lot, the sign is small and can barely be seen from Cascade rd. and WF is blocking the view from Fairburn rd. I was surprised like how did I not notice this.
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Old 10-07-2015, 08:09 AM
 
253 posts, read 303,595 times
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I plan on opening an account with them in the next few weeks. I will still be keeping my BOA since I have been with them for almost 10 yrs (since Freshmen yr of college).
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Old 10-07-2015, 08:20 AM
 
272 posts, read 272,112 times
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It would be a crime to go with any ATL bank over DCCU.
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Old 10-07-2015, 09:58 AM
 
Location: Atlanta, Birmingham, Charlotte, and Raleigh
2,580 posts, read 2,489,577 times
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I would recommend it since there very few stable and community-oriented black-owned financial institutions left. Citizens Trust acquired the last stable black owned bank in Birmingham years ago, and they have a location within Birmingham's historic 4th Avenue (black business) district right up the street from the Civil Rights Institute and 16th Street Baptist Church. They have been very involved in the community there since the acquisition. They even opened a located in the Black Belt region of Alabama where most major financial institutions have shied from because it is considered "too poor" to support.
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