ATLANTA, Aug. 10, 2005 (PRIMEZONE) -- Citizens Bancshares Corporation (OTCBB:CZBS), parent company of Citizens Trust Bank (CTB), announced today that it has added business debit cards to its line of business products and services. This product is yet another example of CTB's commitment to remaining a full-service institution for businesses in the community.
CTBusiness Debit Cards allow businesses purchasing power without the hassle of writing a check. This business debit card can be used any place that accepts MasterCard and doubles as an ATM card. CTBusiness Debit Cards feature no monthly maintenance fees, access to five debit cards per account, and free access to all Citizens Trust Bank ATMs.
"CTBusiness Debit Cards will afford our business customers greater flexibility in their purchasing," says Jacques Lee, senior vice president of consumer banking for Citizens Trust Bank. "This product is a solution for our business customers who prefer to use debit cards to make purchases. In addition, CTBusiness Debit Cards eliminate the need to carry checks and makes record keeping easier with detailed bank statements."
CTB will be launching several new retail and loan products for businesses and consumers in the 3rd and 4th quarters of 2005. The release of CTBusiness Debit Cards and CTBusiness Free Checking, reinforces CTB's commitment to remain a full-service financial institution with the personal touch of a community bank. Future releases include stored-value gift cards, PayLynk Visa debit cards, and home equity products for investor properties.
About Citizens Trust Bank
As the leader in the financial services industry, Citizens Trust Bank prides itself on offering a full range of quality banking products and services. Since 1921, the Bank has continued to fulfill its mission to promote financial stability and business development, stress the principles of thrift, and make home ownership a reality. Today, CTB remains dedicated to neighborhood and small business growth, development, and advancement through community reinvestment.
Citizens Trust Bank is the third largest African American owned financial institution in the nation and has 84 years of history, assets of more than $340 million, and nine offices throughout metropolitan Atlanta and Columbus, Georgia; one branch in Birmingham; and one in Eutaw, Alabama. Through its parent company, Citizens Bancshares Corporation, CTB offers its common stock over-the-counter to the general public under the trading symbol CZBS. For more information please visit Citizens Trust Bank on the web at http://www.CTBconnect.com .