5800 S Corporate Pl
Sioux Falls, SD 57108
See all branch locations →
ACH 321171184
Phone 800 374 9700
Citibank, National Association is an FDIC insured institution located in Sioux Falls, SD. It was founded in 1812 and has approximately $1720.31 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 | $ 1,720.31 billion |
| Loans | $ 624.29 billion |
| Deposits | $ 1,335.15 billion |
| Capital | $ 162.85 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.
Your Current Location: Virginia, VA 20146
| 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
|
0.10% | $10,000 | $14,999 |
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|
| 6 Mo CD
|
0.10% | $100,000 | $199,999 |
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|
| 12 Mo CD
|
0.25% | $10,000 | $14,999 |
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|
| 12 Mo CD
|
0.25% | $100,000 | $199,999 |
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|
| 18 Mo CD
|
0.20% | $10,000 | $14,999 |
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|
| 18 Mo CD
|
0.20% | $100,000 | $199,999 |
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|
| 24 Mo CD
|
0.20% | $10,000 | $14,999 |
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|
| 24 Mo CD
|
0.20% | $100,000 | $199,999 |
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|
| 30 Mo CD
|
0.10% | $10,000 | $14,999 |
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|
| 30 Mo CD
|
0.10% | $100,000 | $199,999 |
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|
| 36 Mo CD
|
0.20% | $10,000 | $14,999 |
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|
| 36 Mo CD
|
0.20% | $100,000 | $199,999 |
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|
| 48 Mo CD
|
0.20% | $10,000 | $14,999 |
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|
| 48 Mo CD
|
0.20% | $100,000 | $199,999 |
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|
| 60 Mo CD
|
0.25% | $10,000 | $14,999 |
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|
| 60 Mo CD
|
0.25% | $100,000 | $199,999 |
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|
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Int Ckg
|
0.03% | $1 | $99 | Learn More |
| Int Ckg
|
0.03% | $2,500 | $3,499 | Learn More |
| Online Savings Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Accelerate Savings
|
3.85% | $0 | - |
Learn More
|
| Checking Rates | APY | MIN | FEE | |
|---|---|---|---|---|
| Basic Banking Account | 0.00% | $1,500 | $12.00 | Learn More |
| The Citibank Account | 0.00% | $10,000 | $25.00 | Learn More |
| Citigold | 0.05% | $200,000 | $0.00 | Learn More |
Citibank, National Association often runs savings promotions for new accounts.
See Citibank, National Association current offers here.
Your Current Location: Virginia, VA 20146
| Home Equity Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| Line of Credit See Table |
3.99% | 3.99% | Varies | |
Compare with RATE Line of Credit from New American Funding, LLC
See All Home Equity Rates |
||||
| 10 Year Loan
See Table |
6.59% | 6.59% | $570.03 | |
| 15 Year Loan
See Table |
5.82% | 5.82% | $417.08 | |
| Refinance Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 10 Year Fixed Conforming See Amortization Table |
6.14% | 5.88% | $2,760.47 | |
| 15 Year Fixed Conforming See Amortization Table |
6.48% | 6.48% | $2,174.75 | |
| 20 Year Fixed Conforming See Amortization Table |
6.38% | 6.25% | $1,827.32 | |
| 30 Year Fixed Conforming See Amortization Table |
6.72% | 6.72% | $1,616.02 |
| Purchase Mortgage Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 10 Year Fixed Conforming See Amortization Table |
6.14% | 5.88% | $2,760.47 | |
| 15 Year Fixed Conforming See Amortization Table |
6.35% | 6.35% | $2,157.48 | |
| 20 Year Fixed Conforming See Amortization Table |
6.38% | 6.25% | $1,827.32 | |
| 30 Year Fixed Conforming See Amortization Table |
6.58% | 6.58% | $1,593.02 | |
Compare with 6.896% APR and 6.750% 30-Year Fixed RATE from Quicken Loans NMLS #3030
See All Mortgage Rates |
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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.
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:
Ashburn,Virginia
Citibank, National Association is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.
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.
| Citibank, National Association | U.S. Bank Average |
|---|---|
| 2.67% | 8.03% |
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 September 30, 2022, Citibank, National Association had $4,737,000,000 in non-current loans and $11,000,000 in owned real estate. To cover these potential losses it had $162,847,000,000 in equity and $14,771,000,000 in loans loss reserves. That gives it a Texas Ratio of 2.67%.
| Citibank, National Association | U.S. Bank Average |
|---|---|
| 10.09% | 10.00% |
Citibank, National Association has a Return on Equity of 10.09% versus the BestCashCow average of 10.00%. 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.
| Citibank, National Association | U.S. Bank Average |
|---|---|
| 9.47% | 9.96% |
Citibank, National Association has a Capitalization of 9.47% versus the BestCashCow average of 9.96. 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.
As of September 30, 2022, Citibank, National Association had assets of $1,720,308,000,000, loans of $624,286,000,000, and deposits of $1,335,154,000,000. 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.
| ASSETS | |
|---|---|
| Cash & Balances due from depository institutions | $ 288.20 billion |
| Interest-bearing balances | $ 264.45 billion |
| Total securities | $ 469.39 billion |
| Federal funds sold and reverse repurchase | $ 79.46 billion |
| Net loans and leases | $ 624.29 billion |
| Loan loss allowance | $ 14.77 billion |
| Trading account assets | $ 136.50 billion |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | $ 11.00 million |
| Goodwill and other intangibles | $ 13.73 billion |
| All other assets | $ 94.65 billion |
| Total Assets | $ 1,551.63 billion |
| LIABILITIES | |
|---|---|
| Total deposits | $ 1,335.15 billion |
| Interest-bearing deposits | $ 1,121.64 billion |
| Deposits held in domestic offices | $ 745.16 billion |
| % insured (estimated) | 18.50% |
| Federal funds purchased and repurchase agreements | $ 15.83 billion |
| Trading liabilities | $ 70.83 billion |
| Other borrowed funds | $ 48.53 billion |
| Subordinated debt | $ 10.50 billion |
| All other liabilities | $ 61.00 billion |
| Total Liabilities | $ 1,551.63 billion |
| Shareholders’ Equity | $ 168.68 billion |
| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 39.49 billion |
| Total Interest Expense | $ 7.13 billion |
| Net interest income | $ 32.36 billion |
| Provision for loan and lease losses | $ 3.02 billion |
| Total non interest income | $ 13.96 billion |
| Total non interest expense | $ 26.15 billion |
| Pre-tax Net Operating Income | $ 11.57 billion |
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 | 15.33 | ✓ | ||
| Multifamily Mortgages |
1.35 | ✓ | ||
| Credit Card Loans | 23.15 | ✓ | ||
| Consumer Auto Loans | 0.00 | ✓ | ||
| Small Business Loans | 0.04 | ✓ | ||
| Construction and Development Loans | 1.15 | ✓ | ||
| Commercial Real Estate | 1.77 | ✓ | ||
| Commercial and Industrial Loans | 25.11 | ✓ | ||
| Farm Loans | 0.07 | ✓ | ||
Customer Reviews for Citibank, National Association
Azoic
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.
Is this review helpful? Yes:0 / No: 0
jmpatrick44
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.
Is this review helpful? Yes:7 / No: 0
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