Trust Company of Georgia, best known for corporate banking and personal trust services, has formed a subsidiary to make small loans to credit- impaired consumers.

Trust Co., the lead bank of Atlanta-based SunTrust Banks Inc., disclosed its plans for a consumer finance subsidiary in an application to the Federal Reserve Bank of Atlanta. The new venture, Personal Express Loans Inc., is based in Atlanta. Its chairman is Wynn Cline, currently a senior vice president with Trust Co.'s installment loan operation.

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