Funeral For President Of CTB Saturday

 

James Edward YoungBy Special to the Daily World
Final rights for James Edward Young will be held Saturday, March 3, 11 a.m., at St. Phillips AME Church on Candler Road. in Decatur.  The body will lie in state Friday, from 9 a.m. – 7 p.m., with the family receiving guests  from 7 – 8 p.m., at Gregory B. Levett & Sons Funeral Home on Flat Shoals Pkwy in Decatur.

James E. Young, president and CEO of Atlanta-based Citizens Trust Bank, died Monday, Feb. 27, after a battle with cancer. He was 62.

Young had been the bank’s CEO for 14 years. According to reports, “The passing of Mr. Young has left us deeply saddened. He will be tremendously missed but not forgotten,” said Cynthia Day, newly appointed president and CEO of Citizens Trust Bank.

Young was involved in numerous civic and business organizations, including The Atlanta Action Forum, Central Atlanta Progress, The Commerce Club, the Rotary Club of Atlanta, The Carter Center and 100 Black Men of America. He was also a board member of Rock-Tenn Co. and was chairman of the board of trustees at Morris Brown College.

According to local reports, Young was accessible to the Atlanta community and customers and business leaders knew they could call on him, said Dr. Stanley Pritchett Sr., president of Morris Brown.  “When you’d call and make appointments he would try to see you,” said Pritchett, who added “he also had a love for the fiscal affairs of the groups he worked with.”

In January, Young took a leave of absence from the bank, citing serious illness.  According to Day, he “left a lasting impact on us all with his wisdom, his character and his ability to inspire others.  We will continue to honor him and the legacy he has left.”

Robert  L. Brown Jr., president and CEO of R.L. Brown & Associates and who has been on the bank’s board of directors since 2000, said Young “could place himself in the shoes of others and look for solutions to make the world a better place.”  Brown said he “cared about the least among us and the seasoned business man.”

Young had more than 40 years of experience in the banking industry.  A graduate of Tennessee State University in 1971, he started in the banking industry as a management trainee at then Chase Manhatten Bank, now JP Morgan Chase & Co. Within a year he was promoted to a lending officer and then became vice president and team manager of the bank’s credit audit division.

Young stayed with Chase until 1989, when he went to City National Bank of New Jersey as the vice president and chief commercial lean officer.  A year later, he was promoted to senior vice president of general administration and commercial loans.   He left City National in 1993 to lead the DeKalb County’s First Southern Bank in Lithonia, where in 1997, First Southern merged with Citizens Trust and formed Citizens Trust Bank.  He was named president and CEO of the merged institution in February 1998.

Citizens Trust has offices in Atlanta, Columbus, Ga., and Birmingham and Eutaw, Ala.

Young is survived by his wife of more than 30 years, Rebecca Young, and their four children, three sons and one daughter. For more details about Young’s death, call Gregory Levett & Sons Funeral Home, 4347 Flat Shoals Pkwy.,  at 404-241-5656.

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