Citizens Bank (RI) is headquartered in PROVIDENCE and is the largest bank in the state of Rhode Island. It is also the 15th largest bank in the nation. It was established in 2005 and as of March of 2023, it had grown to 18,163 employees at 1,145 locations. Citizens Bank (RI) has an A health rating.
Related Posts
4/16 - $400 Bonus On New Platinum Checking Accounts
1/30/17 - Citizens Bank Has $150 Checking Bonus In Supermarket Branches
7/18/15 - Earn $150 With Citizens Bank's One Deposit Checking Account
4/4/15 - 15-Month CD - 1.3% (Online Only)
3/26/15 - $200 Checking Account Bonus At Citizens Bank
2/23/15 - Citizens Bank Raises Rate On 14-month CD, Relationship Required
10/23/14 - Citizens Bank Offers High Rate Online 15-Month Promotional CD
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
Great Local Bank!
Well I actually always thought it was a local bank but now I see they're from RI. But always has had the feel of a small local bank for me which I've always appreciated
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.
The Worst, And No Improvements
they are every where and try to do everything and cant do it
local office sent me online.
online cant access my bill page
password has to be changed every month
long lines
long telephone waits
No Beef To Show
Rates offered by this bank, which is down dirt compared to next door banks, tells all. They were mediocrity bank with occasional promotional products, when they switched name from "Investors" To "Citizens." Their fundamental intent is to advance own corporate interest, upon expansion, at customers / investors expanse. I closed all accounts.
Data as of Q1 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57957 |
| Year Established | 2005 |
| Employees | 18163 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.96% |
| Return on Equity - YTD | 9.04% |
| Annual Interest Income | $2.40B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2023vs Q1 2022 | $222B$191.9B |
| Loans | Q1 2023vs Q1 2022 | $154.7B$131.3B |
| Deposits | Q1 2023vs Q1 2022 | $174.8B$161.3B |
| Equity Capital | Q1 2023vs Q1 2022 | $23.95B$21.60B |
| Loan Loss Allowance | Q1 2023vs Q1 2022 | $2.02B$1.72B |
| Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $1.09B$802.9MM |
| Real Estate Owned | Q1 2023vs Q1 2022 | $10.6MM$11.8MM |
