Expands Legacy of Community Commitment by
Launching Partnership Program Awarding $50,000 Grant Focused on
Mental Health and Well-Being in San Francisco
Citizens Financial Group, Inc. (NYSE: CFG) today announced the
next phase in its West Coast expansion strategy, adding a top
Private Banking team in Southern California and announcing plans to
add new Private Bank office locations in the market. This move
comes on the heels of previous announcements around Citizens’
California expansion strategy, designed to serve the market in an
integrated and complete way that drives growth across Private
Banking, Wealth Management, and Corporate & Investment
Banking.
Citizens has opened two new Private Banking offices in Mill
Valley and Downtown San Francisco, Calif., representing the first
West Coast branches in the bank’s growing portfolio. The new
Citizens Private Bank offices provide holistic, high-touch Private
Banking and wealth management solutions to high-net-worth
individuals, families, businesses, innovation economy
entrepreneurs, and philanthropic organizations. These locations
stand out as centers of excellence within Citizens' portfolio,
offering an array of bespoke financial services tailored to the
unique needs of clients in the Northern California market. All
Citizens customers in the region are welcome to visit the new
Private Banking offices for their everyday banking needs.
To further expand its presence, Citizens Private Bank has added
a highly experienced Private Banking team in Southern California to
serve the San Diego and Newport Beach markets. The new team is led
by Victor Mena, Private Bank Market Executive, who brings extensive
area expertise, deep regional relationships, and a proven track
record of delivering exceptional client service. Mena will report
to Susan deTray, Head of Citizens Private Bank, and he and his team
of experienced bankers will extend Citizens Private Bank’s growth
in California. Citizens Private Bank intends to open additional
Private Banking offices throughout California, including Newport
Beach, San Diego and Silicon Valley by mid-2025.
“We’re pleased to continue executing against the Citizens
Private Bank growth strategy with the opening of our first two
Private Banking offices in the San Francisco Bay Area, and the
addition of experienced bankers in Southern California,” said Susan
deTray, Head of Citizens Private Bank. “We look forward to
deepening our presence and delivering a robust suite of
comprehensive banking and wealth management services with an
emphasis on personal relationships, extraordinary service, and
tailored solutions and advice.”
Building on a Foundation of Service While these mark
Citizens’ latest moves in its West Coast expansion, the bank has a
strong and growing Commercial Banking presence in California
providing investment banking, equity research, and sales and
trading services. In addition, Citizens recently hired an
experienced corporate banker in San Francisco to build a team of
advisors supporting middle market companies across the state.
“California would be the fifth largest economy in the world if
it were a country, and its businesses continue to be key drivers of
innovation and growth,” said Mark Lehmann, CEO of Citizens JMP and
Citizens California President. “Citizens’ bankers have been working
closely with California’s top innovators for years as trusted
advisors and we are here for the long haul to invest, deepen
relationships, and partner with clients to help further expand the
California economy and support our local communities.”
Engaging Local Communities As part of Citizens’ ongoing
commitment to create lasting change in local communities, Citizens
is proud to introduce its Champions in Action grant program in
California – a corporate-wide initiative that celebrates and
supports local nonprofits with operating budgets under $5 million
that are making a meaningful and measurable impact in the
communities they serve across the United States. Citizens recently
launched this program in San Francisco to award $50,000 in
unrestricted funding, volunteer and promotional support to a local
non-profit organization focused on improving access to mental
health and well-being programming.
Since the program’s launch 22 years ago, Citizens has awarded
more than $11 million in contributions and promotional support to
over 380 nonprofits across the bank’s footprint. To learn more,
please visit www.citizensbank.com/champions.
About Citizens Financial Group,
Inc. Citizens Financial Group, Inc. is one of the
nation’s oldest and largest financial institutions, with $219.9
billion in assets as of June 30, 2024. 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 1,000
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 X (formerly
Twitter), LinkedIn or Facebook.
Cautionary Statement About
Forward-Looking Statements This news release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Any statement that does
not describe historical or current facts is a forward-looking
statement. These statements often include the words “believes,”
“expects,” “anticipates,” “estimates,” “intends,” “plans,” “goals,”
“targets,” “initiatives,” “potentially,” “probably,” “projects,”
“outlook,” “hopeful,” “guidance” or similar expressions or future
or conditional verbs such as “may,” “will,” “should,” “would,” and
“could.” Forward-looking statements are based upon the current
beliefs and expectations of management, and on information
currently available to management. Our statements speak as of the
date hereof, and we do not assume any obligation to update these
statements or to update the reasons why actual results could differ
from those contained in such statements in light of new information
or future events. We caution you, therefore, against relying on any
of these forward-looking statements. They are neither statements of
historical fact nor guarantees or assurances of future performance.
More information about factors that could cause actual results to
differ materially from those described in the forward-looking
statements can be found under “Risk Factors” in our Annual Report
on Form 10-K for the year ended December 31, 2022, as filed with
the United States Securities and Exchange Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20241002946132/en/
Media: Jaclyn Bingold Jaclyn.bingold@citizensbank.com
917-699-1432
Citizens Financial (NYSE:CFG)
過去 株価チャート
から 11 2024 まで 12 2024
Citizens Financial (NYSE:CFG)
過去 株価チャート
から 12 2023 まで 12 2024
