Citizens Bank


Updated: September 7, 2019


Citizens Bank Online Banking

🕰 Foundation year:1828
👤 FounderNot known
🎩 Key PeopleBruce Van Saun (Chairman & CEO)
🏦 Headquarters:Providence, Rhode Island
🌐 Website:https://www.citizensbank.com/
📲 Mobile app:Android/Apple
☎ Telephone number:+1-401-456-7096
🔢 Routing number:211170114 (Connecticut) 031101143 (Delaware), 211070175 (Massachusetts), 241070417 (Michigan), 011401533 (New Hampshire), 036076150 (New Jersey), 021313103 (New York), 241070417 (Ohio), 036076150 (Pennsylvania), 011500120 (Rhode Island), 021313103 (Vermont)
🔢 SWIFT code:CTZIUS33
👨💻 Number of employees:17,971
📍 Number of locations:Slightly less than 1,200 branches
🏧 ATM locatorFind here
📈 Bank’s Rating
 

 

Citizens Bank: Introduction

So, Citizens Financial Group, Inc., generally known as simply Citizens Bank, appears to be the largest bank in the Rhode Island and the 17th-largest bank nationwide. Even though the bank is headquartered in Providence, Rhode Island, currently it also serves customers in Connecticut, Delaware, Maine, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, South Carolina, Pennsylvania, and Vermont (and, of course, Rhode Island, too).

This financial institution can boast to have quite a lengthy history, whereas it was established back in 1828. After the Citizens Savings Bank was formed back in 1871, it acquired the Citizens, its parent group, and formed Citizens Trust Company. After that, the bank rapidly grew and expanded throughout the Rhode Island state.

In 1954, the Citizens Bank acquired the Greenville Trust Company and became the largest bank in Rhode Island. In 1985, the bank changed its status from a mutual savings bank to a federal stock savings bank, as it sought to expand even further. Just a year later, the bank started its expansion to the other states, beginning with Massachusetts.

As the bank grew, it also was becoming a viable target for acquisition. And by 1988, this financial institution was acquired by the Royal Bank of Scotland Group. After the financial crisis of 2008, the bank spun off from RBS, which allowed the Citizens Bank to pave its road to the IPO.

At the present time, almost 18,000 workers are employed by this bank, and there are almost as many as 1,200 branches and 3,200 ATMs throughout the New England, the Middle Atlantic, and some parts of the Midwest. Considering that the deposits at this bank are insured by the FDIC and the bank can boast to have the A+ financial health rating, this is a pretty decent bank.

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