May 18, 2012 |
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.
November 18, 2010 |
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.
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.
January 22, 2002 |
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.
September 1, 2010 |
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.
October 6, 2009 |
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.
October 24, 2002 |
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.
September 1, 2010
A man was arrested after a Tuesday afternoon bank robbery in King of Prussia, police said. At 3:27 p.m., Upper Merion police responded to a robbery call at Citizens Bank at 435 W. Dekalb Pike and were given a description of a man who presented a note demanding money and said he had a gun. An officer spotted a man who fit the robber's description driving a Mazda sedan and began a pursuit, police said. The chase crossed into Norristown, where the fleeing car hit several other vehicles before flipping over onto the front yard of a home.
August 29, 2010 |
A summer of love it has not been in the case of J. Brian O'Neill v. Citizens Bank of Pennsylvania . The litigation, initiated in January with harsh accusations and wildly high claims for damages, has grown even more acerbic since a judge urged both sides to settle in June. Last month, lawyers representing the bank accused developer O'Neill of harassment for trying to depose five directors or high-ranking executives of Citizens and its parent, Citizens Financial Group Inc., who, they said, had no direct knowledge of O'Neill's dealings with the bank.
April 21, 2013 |
Philadelphia will try to borrow or refinance more than $1 billion over the next nine months in the face of contentious tax reform, rising pension and public school costs, a flat private-business sector, tough labor negotiations, and the lowest credit rating among the largest U.S. cities. That's why Mayor Nutter and business executives invited 150 bond marketers, some of the giant institutional customers that own Philadelphia debt, and firms that invest in other big, higher-rated U.S. cities for closed-door presentations on the city's prospects Thursday.