Citizens Bank (RI)
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.10% | 1-year CD | 12 Month CD 2.45% - Synchrony Bank 12 Month CD |
| 0.01% | Savings | Green Savings |
| 0.10% | 3-year CD | 36 Month CD 2.55% - Barclays 36 Month Online CD |
Citizens Bank (RI) is headquartered in Providence and is the largest bank in the state of Rhode Island. It is also the 22nd largest bank in the nation. It was established in 2005 and as of June of 2018, it had grown to 14,851 employees at 820 locations. Citizens Bank (RI) has an A health rating.
Related Posts
4/16 - $400 Bonus On New Platinum Checking Accounts
1/30 - Citizens Bank Has $150 Checking Bonus In Supermarket Branches
4/4 - 15-Month CD - 1.3% (Online Only)
3/26 - $200 Checking Account Bonus At Citizens Bank
2/23 - Citizens Bank Raises Rate On 14-month CD, Relationship Required
8/15/14 - Citizens Bank's CollegeSaver Account Rewards with End of Term $1,000 Bonus
3/24/14 - RBS 'In Talks' To Sell Citizens To Japanese Bank
1/20/14 - Citizens Bank Offers New Checking Account That Limits Monthly Fees
10/20/13 - TD Bank Wants To Buy Citizens
5/9/13 - Charter One & Citizens Bank $175 Checking Account Promotion for Several States
2/8/13 - $150 Checking Account Bonus at Citizens Bank in Several States
9/18/12 - CD and Credit Card Specials at Citizens Bank in Several States
5/21/12 - Checking & Money Market Account Bonuses of up to $225 at Citizens Bank in Some States
5/15/12 - Citizens Bank Is Latest To Settle Suit On Overdraft Fees
3/22/12 - Higher Checking Account Fees At Citizens Bank
10/31/11 - College Savings Account At Citizens Bank & Charter One
10/24/11 - Citizens Bank's Checking Promo: $200 & $240 Bonuses
9/9/11 - Higher Wire Transfer Fees at Wells Fargo and Citizens Bank - Wire Alternatives
6/13/11 - $100 Checking Account Promotion at Citizens Bank in Some States
4/14/11 - $240 Checking Account Promotion at Citizens Bank in Some States
My Bank
I cannot say enough good things about my experience with Citizens Bank over the years. My original mortgage was through them and I currently have two home equity lines of credit through them. The rates I receive are very competitive. They have several convenient branch locations,most of them being in Hannaford supermarkets which is where I shop. They also offer IRAs which I have through them. I also have a savings account with a very competitive rate. I do most of my banking and bill payment through their website. When I do use the local branch, the manager and all personnel treats me like family. I highly recommend Citizens Bank to anyone in need of a good financial institution.
Berry Good
I have had a fantastic experience with Citizen's Bank in general. My mobile banking experience is top notch, I am able to view my account, make payments, all the good stuff an individual would be looking for in a mobile banking experience. I especially like that I am able to submit checks into my account using my smart phone. The only downside is that it takes a day for the money to be added to your account, but it is convenient to say the least. With all that being said, they do need to make some changes with regard to safety measures. I once called about money being taken out of my account by a fraudulent provider and they required me to come in to set up a block. All in all, good experience.
Bank Checking Account.
My bank checking account charges little fees but has very few benefits. When the bank changed names the account that I had was still automatically available was charged very large fees for the same free service I had in the past. I think this is poor practice. The similar feed account for the new bank is now one with none of the services that I was receiving before. This branch is local and the customer service is good so I have not changed banks. Because of the changes I have started looking into other options for banking. I prefer not have fees changed or assesed to my account just to have me change account types. If you no longer offer a service or no longer want to offer a service just don't offer it, don't assign silly fees.
Accounts Closed And Money Given To Another Person
I am assuming a happy ending to today's mess with Citizens, but I am still in shock this happened.
My stepson went to the bank, Endicott, NY, I believe. He closed all of his accounts. He had 3 or 4. I assume they gave him the money from his accounts. They also gave him the money from MINE.....all 4 of mine. I would not have known this happened had I not set up to receive e-mail when the balance on one of those accounts went below a certain amount. When I went to my account online to check on the balance just mentioned, I found all of my accounts with a CLOSURE WITHDRAWAL leaving a ZERO balance in all accounts. I just do not understand how this could happen. I know they are working hard to resolve the problem, but I find this very disconcerting and disappointing.
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57957 |
| Year Established | 2005 |
| Employees | 14851 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.08% |
| Return on Equity - YTD | 7.89% |
| Annual Interest Income | $2.22B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $123.9B$120.1B |
| Loans | Q2 2018vs Q2 2017 | $94.38B$88.73B |
| Deposits | Q2 2018vs Q2 2017 | $90.56B$88.49B |
| Equity Capital | Q2 2018vs Q2 2017 | $16.68B$16.60B |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $1.05B$996.2MM |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $688.4MM$798.5MM |
| Real Estate Owned | Q2 2018vs Q2 2017 | $18.6MM$27.0MM |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
New Citizens Access Bank Launched. 2.00% Savings Rate
2.00% for Savings account with balance > $5000
6m CD 2.05%
12m CD 2.50%
18m CD 2.60%
2yr CD 2.75%
3yr CD 3.00%
4yr CD 3.05%
5yr CD 3.10%
I had posted a while ago but it had not gone fully live then. Now live to everyone.
Always verify rates and promotions with the bank or credit union. We are not Citizens Bank (RI); we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.
Citizens Bank (RI) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.07%*† | $250k* | - | Platinum Plus Savings | ||
| OTHER TIERS: 0.03% → Up to $25k | 0.05% → $25k - $250k | |||||
| 0.05%† | - | - | CollegeSaver | ||
| 0.02%† | - | - | Platinum Savings | ||
| 0.01%† | - | - | Green Savings | ||
| 0.01%† | - | - | Business Savings | ||
Citizens Bank (RI) Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.45%*† | $25k* | $3m | Platinum Plus Promotional Money Market (New Money) | ||
| OTHER TIERS: 0.05% → Up to $25k | 0.25% → $3m+ | |||||
| 1.10%*† | $25k* | $3m | Platinum Promotional Money Market (New Money) | ||
| OTHER TIERS: 0.03% → Any amount | |||||
| 0.12%*† | $250k* | - | Platinum Plus Money Market | ||
| OTHER TIERS: 0.05% → Up to $25k | 0.10% → $25k - $250k | |||||
| 0.03%† | - | - | Platinum Money Market | ||
| 0.02%† | - | - | Business Money Market | ||
| 0.01%† | - | - | Personal Money Market | ||
Citizens Bank (RI) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.07%*† | $250k* | - | Citizens Bank Platinum Plus Checking | ||
| OTHER TIERS: 0.03% → Up to $25k | 0.05% → $25k - $250k | |||||
| 0.02%† | - | - | Citizens Bank Platinum Checking | ||
Citizens Bank (RI) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.10%† | $1k | - | 36 Month CD w/ Platinum Plus Checking | |
| 1.60%† | $1k | - | 12 Month CD w/ Platinum Plus Checking | |
| 1.40%† | $1k | - | 36 Month CD w/ Platinum Checking | |
| 1.30%† | $1k | - | 12 Month CD w/ Platinum Checking | |
| 1.00% | $1k | - | 13 Month Online-Only CD | |
| 0.40%† | $1k | - | Business 12 Month Fixed Rate CD | |
| 0.15%† | $1k | - | Business 15 Month Fixed Rate CD | |
| 0.15%† | $1k | - | Business 18 Month Fixed Rate CD | |
| 0.10%† | $1k | - | Business 3 Month Fixed Rate CD | |
| 0.10%† | $1k | - | Business 6 Month Fixed Rate CD | |
| 0.10%† | $1k | - | Business 9 Month Fixed Rate CD | |
| 0.10%† | $1k | - | 36 Month CD | |
| 0.10%† | $1k | - | 12 Month CD |
