Cynthia N. Day
About
Members of the Atlanta Fed’s boards of directors play a critical role in helping to formulate monetary policy, and they act as a link between the Federal Reserve and the community. Head office directors also oversee the general management of the Reserve Bank and its branches. The Sixth District’s 44 board members are business and community leaders representing a broad mix of industries and economic sectors. They come from local, regional, and global organizations headquartered across our region.
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Biography
Cynthia N. Day
President and Chief Executive Officer
Citizens Trust Bank
Atlanta, Georgia
Class A
Appointed: January 2023
Term expires: December 31, 2028
Cynthia N. Day serves as president and chief executive officer of Citizens Trust Bank. Ms. Day joined Citizens Trust Bank in February 2003 as an executive vice president through an acquisition of the historical Citizens Federal Savings Bank of Birmingham, where she had served as executive vice president and chief operating officer and in other capacities since 1993. Two years after the acquisition, Ms. Day became the senior executive vice president and chief operating officer, making her the first woman to hold this position for both institutions. In February 2012, she became chief executive officer, the first permanently named female chief executive officer in the company's history.
During her tenure as CEO, the bank reached many milestones including achieving its highest level of performance during its 100-year existence. Most recently, the bank was ranked, by S&P Global, number 16 in S&P Deposit Rankings for banks and number 28 in the Top 100 Best Performing Banks under $3 billion in assets in the country. On numerous occasions, it was cited by the Atlanta Journal-Constitution as one of Georgia's top 100 publicly traded companies before going private in 2017. She also has been recognized for her leadership and mentorship in various community and professional organizations. She was recognized as "CEO of the Year" by the Atlanta Business League. She's been featured in the Atlanta Business Chronicle in their 2020 "Women Who Mean Business" edition and in The Atlantan magazine's "The 25 Most Influential Atlantans." Further accolades include multiple rankings in "Atlanta's Top 100 Leaders in Finance" by the Atlanta Business Chronicle, being named one of Atlanta's top 500 business leaders and one of the "100 Most Influential Georgians" by Georgia Trend magazine, and, more recently, joining the ranks of Georgia's Titan 100.
Prior to becoming a banker, she began her career with KPMG and ascended to audit manager before being recruited to the banking industry. She became a licensed certified public accountant and has been a CPA for more than 30 years.
Ms. Day is a member of the board of directors of the Federal Reserve Bank of Atlanta. She is also a member of Citizens Bancshares Corporation; PROG Inc., where she chairs the audit committee; Primerica Inc., where she chairs the nominating and governance committees; the American Bankers Association; the National Bankers Association; Meharry Medical College; and the Atlanta Area Boy Scouts. She also is a member of the University of Alabama's President's Council, the Rotary Club of Atlanta, the Georgia Society of Certified Public Accountants, and the American Institute of Certified Public Accountants.
Ms. Day received her BS degree in business administration with a major in accounting from the University of Alabama.