Citibank, National Association

Headquarters

5800 S Corporate Place
Sioux Falls, SD 57108
See all branch locations →

ACH 321171184

Phone 800 374 9700

Notable Rates APY Vs.Others
Savings 0.04% 3.50% →
1-Year CD 0.25% 3.70% →
2-Year CD 0.20% 3.80% →
5-Year CD 0.25% 4.25% →
30-Year Mortgage 6.70% 6.20% →
15-Year Mortgage 6.21% 5.66% →
HELOC 3.99% 2.79% →

2022 Overview

General Bank Information

Citibank, National Association is an FDIC insured institution located in Sioux Falls, SD. It was founded in 1812 and has approximately $1718.01 billion in assets. Customers can open an account at one of its 1,097 branches.

FDIC Insured Yes
FDIC Certificate # 7213
Date Established 1812
Assets $ 1,718.01 billion
Loans $ 648.92 billion
Deposits $ 1,373.37 billion
Capital $ 164.78 billion
 

For a more detailed analysis of Citibank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 6, 2022

Your Current Location: California, CA 92111

Savings and Money Market Rates APY MIN MAX
Savings
0.04% $2,500 $4,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.45% $10,000 $14,999 Learn More
6 Mo CD
0.45% $100,000 $199,999 Learn More
12 Mo CD
0.25% $10,000 $14,999 Learn More
12 Mo CD
0.25% $100,000 $199,999 Learn More
18 Mo CD
0.20% $10,000 $14,999 Learn More
18 Mo CD
0.20% $100,000 $199,999 Learn More
24 Mo CD
0.20% $10,000 $14,999 Learn More
24 Mo CD
0.20% $100,000 $199,999 Learn More
30 Mo CD
0.10% $10,000 $14,999 Learn More
30 Mo CD
0.10% $100,000 $199,999 Learn More
36 Mo CD
0.20% $10,000 $14,999 Learn More
36 Mo CD
0.20% $100,000 $199,999 Learn More
48 Mo CD
0.20% $10,000 $14,999 Learn More
48 Mo CD
0.20% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.03% $2,500 $3,499 Learn MoreShow Less

Online Only Savings Rates of Citi Accelerate

Online Savings Rates APY MIN MAX
Accelerate Savings
2.20% $0 - Learn More
Checking Rates APY MIN FEE
Basic Banking Account 0.00% $1,500 $12.00 Learn MoreShow Less
The Citibank Account 0.00% $10,000 $25.00 Learn MoreShow Less
Citigold 0.05% $200,000 $0.00 Learn MoreShow Less

Citibank, National Association often runs savings promotions for new accounts.
See Citibank, National Association current offers here
.


Bank Online Offers

 

Loan Rates - October 6, 2022

Your Current Location: California, CA 92111

Home Equity Rates APR Rate Monthly Payment
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Citibank, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
San Diego,California


Citibank, National Association Locations



Climate Initiatives

Citibank, National Association is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Citibank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citibank, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Citibank, National Association U.S. Bank Average
3.06% 4.01%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2022, Citibank, National Association had $5,438,000,000 in non-current loans and $23,000,000 in owned real estate. To cover these potential losses it had $164,776,000,000 in equity and $13,941,000,000 in loans loss reserves. That gives it a Texas Ratio of 3.06%.

Return on Equity
Citibank, National Association U.S. Bank Average
8.75% 9.01%

Citibank, National Association has a Return on Equity of 8.75% versus the BestCashCow average of 9.01%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Citibank, National Association U.S. Bank Average
9.59% 10.66%

Citibank, National Association has a Capitalization of 9.59% versus the BestCashCow average of 10.66. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Citibank, National Association Balance Sheet Analysis

As of March 31, 2022, Citibank, National Association had assets of $1,718,008,000,000, loans of $648,921,000,000, and deposits of $1,373,373,000,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2022
ASSETS
Cash & Balances due from depository institutions $ 262.92 billion
Interest-bearing balances $ 237.23 billion
Total securities $ 473.19 billion
Federal funds sold and reverse repurchase $ 67.34 billion
Net loans and leases $ 648.92 billion
Loan loss allowance $ 13.94 billion
Trading account assets $ 133.88 billion
Bank premises and fixed assets N.A.
Other real estate owned $ 23.00 million
Goodwill and other intangibles $ 14.47 billion
All other assets $ 105.16 billion
     Total Assets $ 1,553.23 billion
LIABILITIES
Total deposits $ 1,373.37 billion
      Interest-bearing deposits $ 1,137.73 billion
      Deposits held in domestic offices $ 747.50 billion
      % insured (estimated) 18.72%
Federal funds purchased and repurchase agreements $ 14.46 billion
Trading liabilities $ 54.34 billion
Other borrowed funds $ 41.62 billion
Subordinated debt $ 12.00 billion
All other liabilities $ 57.43 billion
      Total Liabilities $ 1,553.23 billion
      Shareholders’ Equity $ 164.78 billion

Summary Income Statement

March 31, 2022
INCOME AND EXPENSES
Total Interest Income $ 11.19 billion
Total Interest Expense $ 1,098.00 million
Net interest income $ 10.09 billion
Provision for loan and lease losses $ 897.00 million
Total non interest income $ 4.72 billion
Total non interest expense $ 8.92 billion
Pre-tax Net Operating Income $ 4.99 billion

Bank Loan Profile?

The top three loan types in Citibank, National Association’s loan portfolio are Commercial and Industrial Loans, Credit Card Loans, and 1-4 Family Residential Loans.

Compared to other banks in South Dakota, Citibank, National Association has a significantly higher percent of Credit Card Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 14.21
Multifamily
Mortgages
1.31
Credit Card Loans 21.51
Consumer Auto Loans 0.00
Small Business Loans 0.04
Construction and Development Loans 1.08
Commercial Real Estate 1.94
Commercial and Industrial Loans 24.63
Farm Loans 0.07

Customer Reviews for Citibank, National Association


  • February 25, 2022 |

    I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account.

    Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary.
    Accelerate Savings was opened to park some cash with a decent rate (though not the highest).
    Checking was added to have access to large amounts from Accelerated Savings.

    It is difficult dealing with a bank that is not local. Calling customer service sometimes has a wait-time and many agents are unable to provide information when it is more complicated than the current balance. Some agents are much better.

    There are limits to moving money from the Accelerate account.
    • Online transfer limit $10,000/day; $15,000/30 days
    • ATM (Target, and many others) $1,500/day, unlimited days
    Easy way around it: transfer funds to checking and write a check for as much as you want.

    Banks insured by the FDIC are a commodity. Money goes in; earns some interest; money goes out. They are differentiated by interest rate, easy of money movement, and accessibility of information. Citi is medium – 3-stars. My local bank is also 3-stars – lower interest rate, but better services.

    I prefer dealing person-to-person, but 435 miles to the closest Citi branch is a bit too far.

  • August 26, 2020 |

    I opened a CITI online account in order to take advantage of bonus reward money. While I was trying to link my external account, CITI debited that account and the money was denied. It was a matter of the account not being linked yet. I had an alert on my CITI account that they were charging me an insufficient fund fee. When I called customer service to tell them I just opened the account, they said there was no charge. i had the printed page but they could not find a charge. Then, my savings was showing a .1% interest rate instead of a 1.05%. When I called about that they said that was a different account. i am afraid to move the money for fear of not getting the $700 bonus reward money. Let's see if I even get that. My money will be coing out of there in 90 days after the bonus money is deposited.

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