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Citizens Bank Review

Updated on June 9, 2011

Citizen's Bank is is a bank that many people in New England have encountered on a daily basis. Whether it is from a trip to Stop and Shop Supermarket or a local advertisement, there is no hiding it, Citzen's Bank is here to stay. They have thoroughly entrenched themselves in practically every Stop and Shop and have unbeatable hours. What other bank is open 7 days a week? Exactly! They offer every single service that your other banks do but with better hours. Citizen's bank has even gone so far as entrenching themselves in a Dunkin' Donuts. What is more New England than that? A main criticism of this bank is that they are owned by parent company RBS, who recently got bailed out. They are basically in the same mess that there American bank counter-parts like Citi Group and Bank of America were in a year ago. Another big fear is that because Citizen's is located closer to the impending PIGS (Portugal, Italy, Greece, Spain) disaster. However, they are a strong and sound financial institution and should be trusted and respected.

Services Provided

  • Personal Checking
  • Savings, Money Markets, and CDs
  • StudentĀ loans
  • Online Banking
  • Small Business
  • Commercial Financing
  • Investing Tools

The good and the Bad

There are always two sides to the story though. Here is a page full of people absolutely attacking Citizen's Bank with barely any details:

http://www.rateitall.com/i-10206-citizens-bank.aspx

Here is the real question, why would you go online to say GOOD things about your own bank? Never, I don't have that kind of time. We can relate this phenomenon of only negative posts about banks to the plane crash press. We never hear of every successful plane landing, only the crashes. We only hear bad things about banks, never good things. Nevertheless here is a lawsuit filed against Citizens.


http://www.lawyersandsettlements.com/case/class-action-lawsuit-filed-against-citizens-bank.html

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