Website: https://bankcbn.com/
Citizens Savings Bank and Trust Company is a community bank headquartered in Nashville, Tennessee, offering personal and business banking services. The bank describes itself as the oldest continuously operating minority owned and operated bank in the United States, and it operates as a Certified Development Financial Institution (CDFI) focused on serving low- to moderate-income and minority communities. Its stated tagline is “Purpose Driven Banking,” and the bank maintains offices in Nashville and an administrative office in Memphis.
Services
Citizens Savings Bank and Trust Company provides a range of personal and business banking products. Personal offerings include checking and savings accounts, individual retirement accounts (IRAs), and certificates of deposit (CDs). The bank also offers mortgage services, credit cards, and business banking solutions.
Digital and electronic banking services include mobile and online banking, a bill-pay platform, ACH transfers, and person-to-person payments. Customers have access to debit card services with controls and alerts, mobile check deposit, and a financial management tool referred to as MoneyTracker. The bank states its mission is to “provide assistance to low- to moderate-income and minority groups to enable them to realize their economic dreams,” and as a CDFI it invests in affordable housing, small businesses, and community facilities while offering technical financial assistance.
About
The bank was founded on January 16, 1904, as “The One Cent Savings Bank” by R.H. Boyd, Preston Taylor, and J.C. Napier, and it became the first minority-owned bank in Tennessee. The institution reports financial growth over its history, reaching $1 million in capital and deposits in 1946, growing to $5 million in deposits between 1969 and 1979, holding approximately $100 million in assets in the 2020 to 2021 period, and exceeding $175 million in assets in the years since.
The bank’s leadership includes Board Chairman James R. Schmitz, President and CEO Sergio S. Ora, Chief Operating and Credit Officer Corey Hammonds, Senior VP of Business Relations Clint Story, Senior VP of Residential Lending Joan Fleming, and VP of Retail Banking Brittany Mizell.
Location & Contact
The corporate headquarters is located at 1917 Heiman Street, Nashville, TN 37208, reachable at (615) 327-9787, with hours of Monday through Friday from 8:30am to 4:30pm. The main office is at 2013 Jefferson Street, Nashville, TN 37208, open Monday through Thursday from 8:30am to 4:00pm and Friday from 8:30am to 5:00pm. A Memphis administrative office is located at Triad Centre I, 6000 Poplar Avenue, Suite 250, Memphis, TN 38119, available by appointment only.
Additional Information
The bank is a Member FDIC and lists NMLS #641298. The website is organized into sections including Home, About Us, Careers, Services, Resources, Community News, and Contact.
Profile compiled from the company’s official website (bankcbn.com).