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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Citizens Financial Group Announces Prime Rate Change

June 15, 2022 GMT

PROVIDENCE, R.I.--(BUSINESS WIRE)--Jun 15, 2022--

Citizens Financial Group, Inc. (NYSE: CFG) announced today that Citizens Bank, N.A. has raised its prime lending rate to 4.75 percent from 4 percent, effective Thursday, June 16, 2022.

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $192.1 billion in assets as of March 31, 2022. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,300 ATMs and approximately 1,200 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20220615006101/en/

CONTACT: Frank Quaratiello

617.543.9810

frank.quaratiello@citizensbank.com

KEYWORD: RHODE ISLAND UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: Citizens Financial Group, Inc.

Copyright Business Wire 2022.

PUB: 06/15/2022 05:11 PM/DISC: 06/15/2022 05:12 PM

http://www.businesswire.com/news/home/20220615006101/en