Citizens & Northern Bank is headquartered in WELLSBORO and is the 19th largest bank in the state of Pennsylvania. It is also the 476th largest bank in the nation. It was established in 1864 and as of June of 2023, it had grown to 412 employees at 29 locations. Citizens & Northern Bank's money market rates are 8X the national average, and it has an A health rating.
I opened an account with C&N's NY affiliate (First State Bank) in January 2009. I was originally attracted by the high rewards check rates (3.5% at the time), however the rates have dropped to 2% since then.
I don't live near a branch office, so most of my activity is carried out online. However, when I've needed assistance the staff has been really accomodating.
My one complaint is that C&N is not compatible with Mint.com and based on their responses to my inquiries, they have no plans to change this.
Opened account online and received approval email. The same day recoeved another message that the account had not been approved and closed. 2 weeks later recieve a debit card in the mail. Does not sound as though they have their procedures in place to open an accout. Never had issue like this with any other bank.
The telephone answering system is hopeless! I spent more than 15 minutes waiting on hold being forced to listen to advertisements and a particularly annoying jingle. I must also mention that I was returning a call from a message left on my home answering machine. It turns out that the bank was calling to report an error they had made on my account. Now I'm even more angry!
Overall | |
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FDIC Certificate # | 7799 |
Year Established | 1864 |
Employees | 412 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.08% |
Return on Equity - YTD | 10.22% |
Annual Interest Income | $53.9MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2023vs Q2 2022 | $2.46B$2.39B |
Loans | Q2 2023vs Q2 2022 | $1.80B$1.65B |
Deposits | Q2 2023vs Q2 2022 | $2.03B$1.98B |
Equity Capital | Q2 2023vs Q2 2022 | $259.0MM$264.8MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $19.1MM$14.5MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $12.9MM$13.7MM |
Real Estate Owned | Q2 2023vs Q2 2022 | $459.00K$505.00K |
Always verify rates and promotions with the bank or credit union. We are not Citizens & Northern Bank; 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | - | - | Savings Account | |
0.10% | - | - | Christmas Club | |
0.10% | $300 | - | Key Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.35%* | - | $30k | C&N Merit Checking | ||
OTHER TIERS: 0.10% → $30k+ |