Citizens Bank, National Association

For information concerning Citizens online bank, please click here.

Citizens Bank, National Association ACH Number: 241070417

Citizens Bank, National Association is an FDIC insured institution headquartered at 1 Citizens Plz, Providence, RI 2903.
It was founded in 2005 and has approximately $227 billion in assets. Customers can open an account at one of its 863 branches.

Deposit Rates - March 23, 2023

CD RATES APY MIN
6 Mo CD
0.10% $10,000 Compare
6 Mo CD
0.10% $100,000 Compare
18 Mo CD
0.10% $10,000 Compare
18 Mo CD
0.10% $100,000 Compare
VARIABLE IRA RATES APY MIN
Var IRA
0.05% $1
INT CHECKING RATES APY MIN
Int Ckg
0.03% $1
Int Ckg
0.03% $2,500

Overview 2023

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57957
Date Established 2005
Assets $ 226.53 billion
Loans $ 156.20 billion
Deposits $ 180.87 billion
Capital $ 23.20 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 8.47 billion
Interest-bearing balances $ 7.05 billion
Total securities $ 33.67 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 156.20 billion
Loan loss allowance $ 1,979.72 million
Trading account assets $ 1,464.81 million
Bank premises and fixed assets N.A.
Other real estate owned $ 13.79 million
Goodwill and other intangibles $ 9.70 billion
All other assets $ 14.13 billion
     Total Assets $ 201.28 billion

LIABILITIES
Total deposits $ 180.87 billion
      Interest-bearing deposits $ 127.69 billion
      Deposits held in domestic offices $ 180.74 billion
      % insured (estimated) 52.73%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities $ 2.11 billion
Other borrowed funds $ 14.77 billion
Subordinated debt $ 1,125.00 million
All other liabilities $ 3.80 billionn
      Total Liabilities $ 201.28 billion
      Shareholders’ Equity $ 25.25 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 4.81 billion
Total Interest Expense $ 424.59 million
Net interest income $ 4.39 billion
Provision for loan and lease losses $ 342.00 million
Total non interest income $ 1,362.50 million
Total non interest expense $ 3.49 billion
Pre-tax Net Operating Income $ 1,077.19 million


*Should any logos, images or public notes appear on this page,they do so courtesy of Citizens Bank, National Association and are not subject to approval of RatesAndInfo.com. RatesAndInfo.com expressly disclaims all responsibility for this content.

Customer Reviews for Citizens Bank, National Association (5)

Rated 2.60 stars out of 5 - based on 5 reviews
  • I have accounts at some of these other names where I make a little more, but if I need something (to access my cash or to cover an obligation somewhere), this is the place I go. Great service by phone too. I've been a customer for many years and I will be a customer long after I am done with most of these other banks.

  • Once again, Citizens is most competitive of the quality names (Citizens, Ally, Synchrony, CIT). Best service too.

  • It started in a promising way several years ago but it is now a complete shit show. Changed the name and brand, then the website and now I am making a rate that is half the top rate. I feel like the guy who graduated from high school and was still hanging out in the parking lot two years later and smoking weed. It is time for me to go.

  • I had not logged in for a while and wanted to check on my account, but the website now feels like watching Peanuts. Does not inspire confidence and the .40% rate doesn't thrill me either (others are going up).

    Review on the Online Bank
  • As a 65+ year old customer of over 4 years, I am enjoying the new enhancements to the website (not!). I first land on a page where the default setting is to take me to my student loan page and I have to indicate there that I am in fact a savings / CD customer! I sure am glad that I looked into 5year Cds with this bank that still pay over 2.5% and still have 2 1/2 years, but when they come due I will go somewhere else. In the meantime, this does little to inspire confidence or show that they value me as a customer.

    Review on the Online Bank

Add Your Review


Rate it here →



Branches

Click on location and enter new zip number to change.
Your current location is: Ashburn, VA
View Branches Statewide →

View Branches Nationwide →

Citizens Bank, National Association Locations

Savings Comparison

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES

Tax Rate: 30%

All calculations are for demonstration purposes only.

  • 1
    LOCAL CD
    Bank
    RHODE ISLAND
    $50,000
    6 Month
    0.10%
    0.35x (National Avg. - 0.29%)
    $10,000
    -
    SCENARIO
    Year Rate
    0.10%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 50 35
    2 50,050 50 35
    3 50,100 50 35
    4 50,150 50 35
    5 50,200 50 35
    6 50,251 50 35
    7 50,301 50 35
    8 50,351 50 35
    9 50,401 50 35
    10 50,452 50 35
    11 50,502 51 35
    12 50,553 51 35
    13 50,603 51 35
    14 50,654 51 35
    15 50,705 51 35
    16 50,755 51 36
    17 50,806 51 36
    18 50,857 51 36
    19 50,908 51 36
    20 50,959 51 36
    TOTAL $1,010 $707
  • 2
    LOCAL CD
    Online Bank
    -
    $50,000
    60 Month
    4.10%
    5.06x (National Avg. - 0.81%)
    $2,500
    -
    SCENARIO
    Year Rate
    4.10%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,050 1,435
    2 52,050 2,134 1,494
    3 54,184 2,222 1,555
    4 56,406 2,313 1,619
    5 58,718 2,407 1,685
    6 61,126 2,506 1,754
    7 63,632 2,609 1,826
    8 66,241 2,716 1,901
    9 68,957 2,827 1,979
    10 71,784 2,943 2,060
    11 74,727 3,064 2,145
    12 77,791 3,189 2,233
    13 80,980 3,320 2,324
    14 84,300 3,456 2,419
    15 87,757 3,598 2,519
    16 91,355 3,746 2,622
    17 95,100 3,899 2,729
    18 98,999 4,059 2,841
    19 103,058 4,225 2,958
    20 107,284 4,399 3,079
    TOTAL $61,682 $43,178
  • 3
    LOCAL CD
    Online Bank
    -
    $50,000
    24 Month
    4.30%
    7.76x (National Avg. - 0.55%)
    $2,500
    -
    SCENARIO
    Year Rate
    4.30%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,150 1,505
    2 52,150 2,242 1,570
    3 54,392 2,339 1,637
    4 56,731 2,439 1,708
    5 59,171 2,544 1,781
    6 61,715 2,654 1,858
    7 64,369 2,768 1,938
    8 67,137 2,887 2,021
    9 70,024 3,011 2,108
    10 73,035 3,140 2,198
    11 76,175 3,276 2,293
    12 79,451 3,416 2,391
    13 82,867 3,563 2,494
    14 86,430 3,717 2,602
    15 90,147 3,876 2,713
    16 94,023 4,043 2,830
    17 98,066 4,217 2,952
    18 102,283 4,398 3,079
    19 106,681 4,587 3,211
    20 111,268 4,785 3,349
    TOTAL $66,053 $46,237
  • 4
    LOCAL CD
    Online Bank
    -
    $50,000
    12 Month
    4.50%
    10.25x (National Avg. - 0.44%)
    $2,500
    -
    SCENARIO
    Year Rate
    4.50%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,250 1,575
    2 52,250 2,351 1,646
    3 54,601 2,457 1,720
    4 57,058 2,568 1,797
    5 59,626 2,683 1,878
    6 62,309 2,804 1,963
    7 65,113 2,930 2,051
    8 68,043 3,062 2,143
    9 71,105 3,200 2,240
    10 74,305 3,344 2,341
    11 77,648 3,494 2,446
    12 81,143 3,651 2,556
    13 84,794 3,816 2,671
    14 88,610 3,987 2,791
    15 92,597 4,167 2,917
    16 96,764 4,354 3,048
    17 101,119 4,550 3,185
    18 105,669 4,755 3,329
    19 110,424 4,969 3,478
    20 115,393 5,193 3,635
    TOTAL $70,586 $49,410