Citizens Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 10/05/1957.
With assets of $1.04 Billion, it operates 15 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: July 1, 2023
Satisfactory
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
July 1, 2023
Satisfactory
July 1, 2020
Satisfactory
August 1, 2017
Satisfactory
July 1, 2014
Satisfactory
June 1, 2011
Satisfactory
February 5, 2008
Satisfactory
January 1, 2005
Satisfactory
October 1, 1999
Satisfactory
September 1, 1996
Satisfactory
January 1, 1994
Satisfactory
May 1, 1991
Satisfactory
๐ฐ Financial Strength
Total Assets$1.04 Billion
Total Deposits$779.09 Million
Equity Capital$58.73 Million
Net Income$4.67 Million
๐ Performance
ROA0.61%
ROE9.96%
Financial Terms: ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good. ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.