Received the following via email.
CSX Celebrates 10-Year Anniversary of its Partnership with Minority-Owned
Banks
JACKSONVILLE, Fla. - April 9, 2014 - CSX (NYSE: CSX) today
renewed its partnership with a syndication of minority-owned banks led by
Citizens Trust Bank of Atlanta (CTB). The agreement marks the tenth
anniversary of the relationship, part of the CSX commitment to working
closely with businesses in the communities it serves.
"At CSX, we
recognize and applaud the role of local entrepreneurs in promoting the
health of our nation's economy and growing jobs in their communities," said
Michael J. Ward, chairman, president and chief executive officer, CSX. "We
are proud to continue this decade-long partnership with the Citizens Trust
Bank of Atlanta and its syndication, a prime example of a partnership
helping make the diverse communities where we live and work more sustainable
and prosperous."
Along with Citizens Trust Bank, the syndication includes
Seaway Bank and Trust Company, City National Bank of New Jersey,
Commonwealth National Bank, Mechanics and Farmers Bank, United Bank of Philadelphia, and Citizens Savings Bank & Trust Company.
"A
collaborative partnership such as our lasting relationship with CSX helps to
establish and achieve common goals," said Cynthia N. Day, president and chief executive officer, Citizens Trust Bank. "This kind of insightful approach allows the promise to sustain the growth of the community, to continue to deepen existing relationships and attract future generations of banking customers."
CSX's commitment to promoting small businesses is
also reflected across its supply chain through its minority supplier
development program, which actively seeks to establish relationships with
minority-owned businesses. In 2013, CSX was recognized as one of
DiversityInc's Top 25 Noteworthy Companies, for its commitment to diversity
throughout the company's operations.
About CSX
CSX, based in
Jacksonville, Florida, is a premier transportation company. It provides
rail, intermodal and rail-to-truck transload services and solutions to
customers across a broad array of markets, including energy, industrial,
construction, agricultural, and consumer products. For more than 185 years,
CSX has played a critical role in the nation's economic expansion and
industrial development. Its network connects every major metropolitan area
in the eastern United States, where nearly two-thirds of the nation's
population resides. It also links more than 240 short-line railroads and
more than 70 ocean, river and lake ports with major population centers and
small farming towns alike. More information about CSX Corporation and its
subsidiaries is available at www.csx.com. Like
us on Facebook (http://www.facebook.com/OfficialCSX)
and follow us on Twitter (http://twitter.com/CSX).
About Citizens
Trust Bank
Citizens Bancshares Corporation is the parent holding company of
Citizens Trust Bank that provides a full range of commercial and personal
banking product and financial solutions. For over 90 years, Citizens Trust
Bank is committed to enabling their customers and the community to realize
dreams of economic empowerment. The Bank has remained dedicated to the
growth and development of communities through its commitment to excellence.
Citizens Trust Bank has financial centers throughout metropolitan Atlanta
and Columbus, Georgia, and in Birmingham and Eutaw, Alabama. Through its
parent company, Citizens Bancshares Corporation, its common stock is offered over-the-counter to the general public under the trading symbol CZBS. For more information please visit Citizens Trust Bank on the web at www.ctbconnect.com. Like us on Facebook (https://www.facebook.com/ctbstrong) and follow us on Twitter (http://twitter.com/ctbank). Citizens Trust
Bank - A relationship you can bank on.
Contact:
Melanie
Cost
904-359-1702