Citizens Bank, National Association

Headquarters

4201 S Treadaway Blvd
Abilene, TX 79602
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.05% →
1-Year CD 0.35% 0.95% →
2-Year CD 0.50% 1.05% →
5-Year CD N.A. 2.25% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Citizens Bank, National Association is an FDIC insured institution located in Abilene, TX. It was founded in 1923 and has approximately $0.1 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 12309
Date Established 1923
Assets $ 105.00 million
Loans $ 71.63 million
Deposits $ 86.86 million
Capital $ 13.79 million
 

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

Deposit Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.03% $2,500 $2,999 Learn More
Money Market
0.03% $10,000 $14,999 Learn More
Money Market
0.03% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $10,000 $14,999 Learn More
3 Mo CD
0.15% $100,000 $199,999 Learn More
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.35% $100,000 $199,999 Learn More
24 Mo CD
0.45% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
36 Mo CD
0.45% $10,000 $14,999 Learn More
36 Mo CD
0.50% $100,000 $199,999 Learn More

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

Loan Rates - September 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Citizens Bank, National Association

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,128 $1,021 Learn More

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 Citizens Bank, National Association
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Branches

Citizens Bank, 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:
Fairfield,Connecticut


Citizens Bank, National Association Locations


Financial Details

Citizens Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Citizens Bank, 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
Citizens Bank, National Association U.S. Bank Average
0% 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, Citizens Bank, National Association had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $13,792,000 in equity and $1,150,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Citizens Bank, National Association U.S. Bank Average
17.89% 7.80%

Citizens Bank, National Association has a Return on Equity of 17.89% 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
Citizens Bank, National Association U.S. Bank Average
13.14% 12.68%

Citizens Bank, National Association has a Capitalization of 13.14% 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.

Citizens Bank, National Association Balance Sheet Analysis

As of March 31, 2020, Citizens Bank, National Association had assets of $104,998,000, loans of $71,633,000, and deposits of $86,862,000. 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 $ 3.07 million
Interest-bearing balances $ 0.24 million
Total securities $ 19.73 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 71.63 million
Loan loss allowance $ 1.15 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 4.10 million
All other assets $ 3.84 million
     Total Assets $ 91.21 million
LIABILITIES
Total deposits $ 86.86 million
      Interest-bearing deposits $ 52.67 million
      Deposits held in domestic offices $ 86.86 million
      % insured (estimated) 71.60%
Federal funds purchased and repurchase agreements $ 0.13 million
Trading liabilities N.A.
Other borrowed funds $ 4.00 million
Subordinated debt N.A.
All other liabilities $ 0.21 million
      Total Liabilities $ 91.21 million
      Shareholders’ Equity $ 13.79 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.14 million
Total Interest Expense $ 0.11 million
Net interest income $ 1.03 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.09 million
Total non interest expense $ 0.66 million
Pre-tax Net Operating Income $ 0.47 million

Bank Loan Profile?

The top three loan types in Citizens Bank, National Association’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks, Citizens Bank, National Association’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 25.75
Multifamily
Mortgages
3.43
Credit Card Loans 0.00
Consumer Auto Loans 1.25
Small Business Loans 0.00
Construction and Development Loans 6.46
Commercial Real Estate 36.51
Commercial and Industrial Loans 14.01
Farm Loans 2.84

Frequently Asked Questions About Citizens Bank, National Association

Branches and Savings

Is Citizens Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #12309.

Why does Citizens Bank, National Association pay such low interest on savings accounts?

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

Why are Citizens Bank, National Association CD rates not competitive?

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

Is Citizens Bank, National Association a commercial bank?

Yes

Where are Citizens Bank, National Association locations?

See branch locations nearby.

Is Citizens Bank, National Association open on Saturdays?

Is Citizens Bank, National Association open on Sundays?

What time does Citizens Bank, National Association open?

What time does Citizens Bank, National Association close?

Are Citizens Bank, National Association ATMs Open 24/7?

Do Citizens Bank, National Association ATMs accept cash deposits?

Can Citizens Bank, National Association customers use other ATMs?

Do Citizens Bank, National Association branches have notaries?

Will Citizens Bank, National Association notarize my document?

What address for Citizens Bank, National Association should I put for incoming ACH transfers?

Will the Citizens Bank, National Association branch print checks?

Do Citizens Bank, National Association checks expire?

Does Citizens Bank, National Association require US citizenship to open account?

Can Citizens Bank, National Association close my account?

Does Citizens Bank, National Association Report to credit bureaus?

Does Citizens Bank, National Association Use Equifax?

What is Citizens Bank, National Association's ACH Routing Number?

What is Citizens Bank, National Association's SWIFT code?

Products

Does Citizens Bank, National Association offer mortgages?

Compare mortgage rates here.

Does Citizens Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Citizens Bank, National Association offer personal loans?

Compare personal loan rates here.

Does Citizens Bank, National Association offer student loans?

Will Citizens Bank, National Association cash a check?

Will Citizens Bank, National Association redeem a savings bond?

Does Citizens Bank, National Association cash savings bonds?

Will Citizens Bank, National Association cash money orders?

Can Citizens Bank, National Association issue a money order?

Does Citizens Bank, National Association do currency exchange?

Background on The Bank

Who owns Citizens Bank, National Association?

How long has Citizens Bank, National Association been around?

Can Citizens Bank, National Association transfer to other banks?

Does Citizens Bank, National Association have quick pay?

Does Citizens Bank, National Association accept rolled coins?

Will Citizens Bank, National Association accept loose change?

Where is Citizens Bank, National Association headquarters?

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