In Memoriam: James E. Young, 61
Led Citizens Trust Bank, Atlanta
James E. (Jim) Young died February 26, 2012, after a brief battle with cancer. An 18-year veteran of Chase Manhattan, Young was President and CEO of Citizens Trust Bank, Atlanta, Ga., when he died.
He was 61 or 62, according to corporate profiles. In January, Young took a leave of absence from the bank, according to federal filings, citing serious illness.
Young assumed his presidency with Citizens Trust Bank in 1998 after the completion of the merger between the bank and First Southern Bancshares. He previously served as President and CEO of First Southern Bancshares and its principal subsidiary, First Southern Bank.
A native of Cleveland, Tennessee, Young began his banking career in 1971 in New York City as a Management Trainee with Chase Manhattan Bank. He became a lending officer in 1972. After completing lending assignments in Chase's Corporate Banking Department, he was promoted to Vice President and Team Manager in the Bank's Credit Audit Division where he was responsible for assessing the quality of the Bank's loan portfolio worldwide. He later became a Human Resource specialist in charge of Chase's Equal Employment Opportunities Programs before leaving in 1989 to join City National Bank of New Jersey as Vice President - Chief Commercial Loan Officer. He was promoted in 1990 to Senior Vice President - General Administration & Commercial Loans where he remained until leaving City National to join First Southern Bank in 1993.
Young was a member of the Board of Directors of Central Atlanta Progress, The Commerce Club, MinBanc and RockTenn Company. He was a past board member of The National Bankers Association, The Boys & Girls Club of Atlanta, the Metro Atlanta YMCA, DeKalb Medical Center, Morris Brown College Board of Trustees and the Community Bankers Association of Georgia. In addition, he was a member the Atlanta Committee for Progress, Board of Councilors of The Carter Center, The Atlanta Rotary Club and the DeKalb County Chapter of 100 Black Men of America.
Young is survived by his wife of more than 30 years, Rebecca Young; three sons; and a daughter.
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