Lorimer D. Milton
Citizens Trust Bank
1927–1971
1927–1971
Citizens Trust Bank
1927–1971
1927–1971
Under Milton’s 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.
Personal
- Born-Died: 1898–1986
- Birthplace: Virginia
- Race: Black or African American
- Gender: Male
- Father: Laborer, Un-/Semi-skilled
Education / Military
- Graduate: Brown University
- Undergraduate: Brown University