Citibank (South Dakota), N.A.

Headquarters

701 East 60th Street North
Sioux Falls, SD 57104
See all branch locations →

Phone 800 374 9700

Notable Rates APY Vs.Others
Savings N.A. 1.00% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Citibank (South Dakota), N.A. is an FDIC insured institution located in Sioux Falls, SD. It was founded in 1981 and has approximately $119.84 billion in assets.

FDIC Insured Yes
FDIC Certificate # 23360
Date Established 1981
Assets $ 119.84 billion
Loans $ 104.65 billion
Deposits $ 920.89 million
Capital $ 25.97 billion
 

For a more detailed analysis of Citibank (South Dakota), N.A.'s financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 30, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 30, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Citibank (South Dakota), N.A.

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Citibank (South Dakota), N.A.
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Branches

Citibank (South Dakota), N.A. 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:
Fairfield,Connecticut


Citibank (South Dakota), N.A. Locations


Financial Details

Citibank (South Dakota), N.A. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citibank (South Dakota), N.A.. 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 (South Dakota), N.A. U.S. Bank Average
5.89% 6.94%

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, 2020, Citibank (South Dakota), N.A. had $2,228,278,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $25,970,999,000 in equity and $11,885,936,000 in loans loss reserves. That gives it a Texas Ratio of 5.89%.

Return on Equity
Citibank (South Dakota), N.A. U.S. Bank Average
18.22% 7.80%

Citibank (South Dakota), N.A. has a Return on Equity of 18.22% versus the BestCashCow average of 7.80%. 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 (South Dakota), N.A. U.S. Bank Average
21.67% 12.68%

Citibank (South Dakota), N.A. has a Capitalization of 21.67% versus the BestCashCow average of 12.68. 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 (South Dakota), N.A. Balance Sheet Analysis

As of June 30, 2011, Citibank (South Dakota), N.A. had assets of $119,842,604,000, loans of $104,653,906,000, and deposits of $920,890,000. 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, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 104.65 billion
Loan loss allowance $ 11.89 billion
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 920.89 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 119.84 billion

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Citibank (South Dakota), N.A.’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Citibank (South Dakota), N.A.’s loan portfolio does not show any specific loan specialty.

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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Citibank (south Dakota), N.a.

Branches and Savings

Is Citibank (south Dakota), N.a. FDIC insured?

Yes. It is covered under FDIC Certificate #23360.

Why does Citibank (south Dakota), N.a. pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Citibank (south Dakota), N.a. CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Citibank (south Dakota), N.a. a commercial bank?

Yes

Where are Citibank (south Dakota), N.a. locations?

See branch locations nearby.

Is Citibank (south Dakota), N.a. open on Saturdays?

Is Citibank (south Dakota), N.a. open on Sundays?

What time does Citibank (south Dakota), N.a. open?

What time does Citibank (south Dakota), N.a. close?

Are Citibank (south Dakota), N.a. ATMs Open 24/7?

Do Citibank (south Dakota), N.a. ATMs accept cash deposits?

Can Citibank (south Dakota), N.a. customers use other ATMs?

Do Citibank (south Dakota), N.a. branches have notaries?

Will Citibank (south Dakota), N.a. notarize my document?

What address for Citibank (south Dakota), N.a. should I put for incoming ACH transfers?

Will the Citibank (south Dakota), N.a. branch print checks?

Do Citibank (south Dakota), N.a. checks expire?

Does Citibank (south Dakota), N.a. require US citizenship to open account?

Can Citibank (south Dakota), N.a. close my account?

Does Citibank (south Dakota), N.a. Report to credit bureaus?

Does Citibank (south Dakota), N.a. Use Equifax?

What is Citibank (south Dakota), N.a.'s ACH Routing Number?

What is Citibank (south Dakota), N.a.'s SWIFT code?

Products

Does Citibank (south Dakota), N.a. offer mortgages?

Compare mortgage rates here.

Does Citibank (south Dakota), N.a. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citibank (south Dakota), N.a. offer personal loans?

Compare personal loan rates here.

Does Citibank (south Dakota), N.a. offer student loans?

Will Citibank (south Dakota), N.a. cash a check?

Will Citibank (south Dakota), N.a. redeem a savings bond?

Does Citibank (south Dakota), N.a. cash savings bonds?

Will Citibank (south Dakota), N.a. cash money orders?

Can Citibank (south Dakota), N.a. issue a money order?

Does Citibank (south Dakota), N.a. do currency exchange?

Background on The Bank

Who owns Citibank (south Dakota), N.a.?

How long has Citibank (south Dakota), N.a. been around?

Can Citibank (south Dakota), N.a. transfer to other banks?

Does Citibank (south Dakota), N.a. have quick pay?

Does Citibank (south Dakota), N.a. accept rolled coins?

Will Citibank (south Dakota), N.a. accept loose change?

Where is Citibank (south Dakota), N.a. headquarters?

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