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Lorimer D. Milton

Citizens Trust Bank

1927 - 1971

Finance

1920 b. 1898
male
EducationTwoDegree
UndergraduateBrown University
GraduateMA, Brown University
Personal
Born-Died1898 - 1986
BirthplaceVirginia (VA)
RaceBlack or African American
FatherLaborer, Un-/Semi-skilled
Era - 1920

Under Miltonís leadership, Citizens Trust grew to become one of the top five black-owned financial service institutions in the United States by 1940. It was the first black-owned bank to become a member of the Federal Reserve and Federal Deposit Insurance Corporation. Through Citizens Trust, Milton helped to create and fund a number of new black-owned enterprises in the south.