Citizens Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 02/04/1904.
With assets of $230.31 Million, it operates 4 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: July 1, 2020
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, 2020
Satisfactory
August 1, 2014
Satisfactory
June 1, 2009
Satisfactory
💰 Financial Strength
Total Assets$230.31 Million
Total Deposits$199.83 Million
Equity Capital$21.70 Million
Net Income$4.17 Million
📈 Performance
ROA2.48%
ROE26.61%
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.