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Citizens Trust Bank Names New Chief Operating Officer

Citizens Trust Bank Names New Chief Operating Officer

ATLANTA, Aug. 8, 2005 (PRIMEZONE) -- Citizens Bancshares Corporation (OTC BB:CZBS.OB - News), parent company of Citizens Trust Bank (CTB), announced today that Cynthia Day has been named Senior Executive Vice President and Chief Operating Officer. Ms. Day was Chief Operating Officer for Citizens Federal Savings Bank of Birmingham, Alabama and joined Citizens Trust Bank as Executive Vice President, Director of Management Services after Citizens Trust Bank acquired Citizens Federal Savings Bank in 2003. This appointment makes Ms. Day the first female Chief Operating Officer for Citizens Trust Bank in its 84 year history.

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Citizens Trust Bank Names New Chief Operating Officer

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