PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE:CFG) announced today that Citizens Bank, N.A. and Citizens Bank of Pennsylvania have raised their prime-lending rates to 3.75 percent from 3.50 percent, effective Thursday, December 15, 2016.
About Citizens Financial Group, Inc.
Citizens Financial
Group, Inc. is one of the nation’s oldest and largest financial
institutions, with $147.0 billion in assets as of September 30, 2016.
Headquartered in Providence, Rhode Island, Citizens offers a broad range
of retail and commercial banking products and services to individuals,
small businesses, middle-market companies, large corporations and
institutions. In Consumer Banking, Citizens helps its retail customers
“bank better” with mobile and online banking, a 24/7 customer contact
center and the convenience of approximately 3,200 ATMs and approximately
1,200 Citizens Bank branches in 11 states in the New England,
Mid-Atlantic and Midwest regions. Citizens also provides wealth
management, mortgage lending, auto lending, student lending and
commercial banking services in select markets nationwide. In Commercial
Banking, Citizens offers corporate, institutional and not-for-profit
clients a full range of wholesale banking products and services
including lending and deposits, capital markets, treasury services,
foreign exchange and interest hedging, leasing and asset finance,
specialty finance and trade finance. Citizens operates through its
subsidiaries Citizens Bank, N.A. and Citizens Bank of Pennsylvania as
Citizens Bank, Citizens Commercial Banking and Citizens One. Additional
information about Citizens and its full line of products and services
can be found at www.citizensbank.com.
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