news 1 week ago

Citizens Financial Group Announces Prime Rate Change

The Associated Press

PROVIDENCE, R.I.--(BUSINESS WIRE)--Jun 13, 2018--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 5.00 percent from 4.75 percent, effective Thursday, June 14, 2018.

About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $153.5 billion in assets as of March 31, 2018. 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. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,300 ATMs and approximately 1,150 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. 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 rate products, and asset finance. More information is available at www.citizensbank.com or visit us on Twitter,LinkedIn or Facebook.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180613006276/en/

CONTACT: Citizens Financial Group, Inc.

Frank Quaratiello, 617-725-5851

frank.quaratiello@citizensbank.com

KEYWORD: UNITED STATES NORTH AMERICA RHODE ISLAND

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Citizens Financial Group, Inc.

Copyright Business Wire 2018.

PUB: 06/13/2018 06:01 PM/DISC: 06/13/2018 06:01 PM

http://www.businesswire.com/news/home/20180613006276/en

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