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Citizens Bank

BUSINESS
May 18, 2012 | Inquirer Staff Report
RBS Citizens Financial Group Inc., which owns Citizens Bank of Pennsylvania, said it is expanding its private student loans business to all 48 contiguous states from the 12 now served by Citizens and Charter One, another bank owned by the Royal Bank of Scotland Group. The move comes amid increased attention to the heavy debt loads of college students. A Citizens spokeswoman said the bank's student loan business had grown 50 percent in the past year, but declined to say how much Citizens has in student loans outstanding.
NEWS
February 5, 2012
A man brandishing a fake beard and a silver handgun robbed a Citizens Bank in Whitpain Township on Sunday, police said. Township police gave few details of the heist, which they said took place at 11:05 a.m. at a branch at 48 Skippack Pike. Police were asking for help in identifying the man, who they said was white, stood 6 feet tall, and weighed about 180 pounds. He was wearing a fake reddish-blond wig and sunglasses. Anyone with information should call 610-279-9033. - Tom Infield
NEWS
January 19, 2012
A 28-year-old Fishtown man has been charged with two bank robberies in Northeast Philadelphia, police said Tuesday. Brandon Shields was arrested Monday at an apartment complex in Wynnewood by members of the FBI Violent Crimes Task Force and Lower Merion police. Shields, of the 1100 block of East Eyre Street, allegedly robbed a PNC Bank at 6855 Frankford Ave. on Dec. 7 and a Citizens Bank at 6537 Castor Ave. on Jan. 6. - Robert Moran
NEWS
November 18, 2010 | By Sam Wood, Inquirer Staff Writer
A serial bank robber known as the "Mummy Bandit" pleaded guilty Wednesday in federal court, authorities said. Hiram Joseph Adams, 45, of Mount Airy, had disguised his face and hands with gauze bandages and robbed four banks since January 2009 in Philadelphia and Montgomery County. Adams almost got away with a fifth robbery in Chestnut Hill, but the teller fainted when he told her he had a bomb, authorities said. Police arrested Adams on Aug. 4 as he prepared to hit an Alliance Bank branch in Havertown, U.S. Attorney Zane Memeger said.
NEWS
June 10, 2011
David L. "Poppio" Wix, 67, of Drexel Hill, a business owner, died of cancer, Saturday, June 4, at Delaware County Memorial Hospital. Since 2001, Mr. Wix had owned and operated LFS Coating Services in Clifton Heights. The firm provides coatings to protect and enhance metal materials for industrial and residential use. Mr. Wix graduated from Strath Haven High School. During the Vietnam War, he served in the Army in Germany. After his discharge, Mr. Wix worked for coating companies and, at night, attended Pennsylvania State University at the Brandywine campus in Media.
NEWS
January 22, 2002 | By STEPHEN D. STEINOUR
HAVING READ the OpEd piece by Councilman W. Wilson Goode Jr., ("Citizens Bank should take its responsibility seriously," Jan. 2), I am compelled to respond. On Dec. 1, Citizens Bank entered the mid-Atlantic region by acquiring 345 bank branches in Pennsylvania, New Jersey and Delaware previously owned by Mellon Financial Corp. In that short time, Citizens Bank has already made a significant commitment to its customers and to being a great corporate citizen. We take our responsibility very seriously and always have from our first day on the job in Philadelphia.
NEWS
September 1, 2010 | By Maria Panaritis, INQUIRER STAFF WRITER
The acrimony in the $297 million legal battle between local developer Brian O'Neill and Citizens Bank, and how it has played out in public, was on the mind of Common Pleas Court Judge Albert W. Sheppard Jr. at a pretrial hearing in his Philadelphia courtroom Wednesday. The judge apologized to attorneys for comments he had made to The Inquirer about how much the megalawsuit was costing to litigate. "I have a very high opinion of these lawyers involved here," he said Wednesday. And after the hearing, he called out to O'Neill in the back of the courtroom and expressed concerns about litigants' calling reporters.
BUSINESS
October 6, 2009 | By Suzette Parmley INQUIRER STAFF WRITER
While TD Bank works to resolve a computer problem that has left customer accounts out of date, local competitors say they have benefited from frustrated people willing to switch banks. Citizens Bank said that "thousands" of people had taken them up on a promotion announced Friday aimed at luring new customers. Under the offer, which started Saturday, customers who open a Citizens checking account get $100 automatically deposited. The bank said that the number of new accounts was seven times normal volume but would not be more specific.
NEWS
October 24, 2002 | By Miriam Hill INQUIRER STAFF WRITER
West Philadelphia community groups and residents will get $28.5 million in loans and grants from Citizens Bank to buy land, renovate housing, and purchase homes over the next five years. A large portion of the money - $10 million - will go to help community groups finance projects such as the renovation of vacant houses in the 4400 and 4500 blocks of Sansom Street. Another $10 million will help finance small businesses in the area. The project, known as the University City Neighborhood Improvement Program, will cover residents and businesses bounded by 30th and 52d Streets and by the Schuylkill and Haverford Avenue.
BUSINESS
August 8, 2011 | By Harold Brubaker, Inquirer Staff Writer
Advance Bank, of Baltimore, is closing the former Berean Bank branch in West Philadelphia in October, leaving a hole in the community. Berean, started in 1888, was among the oldest continuously operated African American financial institutions in the country when financial difficulties led it to merge in 2003 with Advance, a bank with a similar profile that was founded in 1957. Advance's chairman, John Hamilton, said it was hard to operate as a small bank in two markets during these difficult economic times.
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