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Citizens Bank

SPORTS
January 7, 2012 | By Marc Narducci, Inquirer Staff Writer
It was billed the Outdoor Classic, but more appropriately it was a chance to look at some potential reinforcements for the Flyers. However, according to Flyers general manager Paul Holmgren, those reinforcements aren't likely to be playing in Saturday's Flyers game. On Friday night the Adirondack Phantoms, the Flyers' American Hockey League affiliate, scored a 4-3 overtime win over the Hershey Bears in front of 45,667 at Citizens Bank Park. Shane Harper's breakaway goal 58 seconds into the overtime was the game-winner.
NEWS
December 25, 2011 | By Diane Mastrull, Inquirer Staff Writer
Astonishing in its animus and its initially enormous damage claims, litigation between two of the region's economic heavyweights - Citizens Bank of Pennsylvania and developer Brian O'Neill - is over. Accompanying word of a settlement from O'Neill and the bank Friday was O'Neill's enthusiastic pronouncement that his long-stalled Uptown Worthington mixed-use development near Malvern - which stood at the center of the nearly two-year-long dispute - would soon rumble with new construction.
NEWS
December 23, 2011 | By Diane Mastrull, INQUIRER STAFF WRITER
Citizens Bank of Pennsylvania and developer Brian O'Neill of O'Neill Properties Group have announced a settlement of all litigation between them. The terms and conditions of the settlement are confidential. O'Neill, one of the Philadelphia region's most prolific developers of residential and commercial properties, had filed a lawsuit against Citizens, one of his company's primary lenders, in January 2010, claiming that it breached its financial commitments to him. That action was part of a deteriorating relationship between bank and developer, with Citizens Bank having secured a $61 million judgment against O'Neill in November 2009 for default on an office-construction loan for his still-largely incomplete Uptown Worthington mixed-use project in East Whiteland Township, Chester County.
SPORTS
December 16, 2011 | BY ZACH BERMAN, bermanz@phillynews.com
NEW YORK - Come Jan. 2, when the Flyers and Rangers play the Winter Classic at Citizens Bank Park, the Phillies' home ballpark will be transformed into an homage to outdoor hockey. The NHL's signature regular-season event will appear seamlessly integrated into a facility specifically erected to provide an optimal baseball-viewing experience. The bulk of the preparation responsibilities fall on the shoulders of Don Renzulli, the NHL's senior vice president of events. In April, he started overseeing biweekly logistical planning meetings with about 50 people in the largest conference room on the 14th floor in the NHL's New York offices.
NEWS
December 1, 2011
Standard & Poor's Ratings Services boosted its credit rating of Citizens Bank of Pennsylvania to "A/A-1" from "A-/A-2. " The upgrade also applied to RBS Citizens N.A., which has branches in New England and in the Midwest. Both banks are owned by Citizens Financial Group, of Providence, R.I., which is a subsidiary of the Royal Bank of Scotland Group p.l.c. S&P cited Citizens' improved profitability this year and the stabilization of Citizens' loan book, which includes $24 billion worth of home-equity loans from areas where it has branches.
NEWS
November 22, 2011
The rematch of last season's Flyers Cup AAA championship will take place at Citizens Bank Park on Jan. 4 as part of the Winter Classic festivities. Malvern Prep announced on Tuesday that it would face La Salle at 5 p.m. at the home of the Phillies. The game will be followed by Neumann University vs. Penn State. In last year's Flyers Cup, the Explorers downed Malvern Prep, 3-2, in overtime at the Wells Fargo Center, before falling to Pittsburgh's Upper St. Clair in the state final.
BUSINESS
November 19, 2011 | By Harold Brubaker, Inquirer Staff Writer
Citizens Bank of Pennsylvania is closing nine branches in the Philadelphia region, consisting of seven in Southeastern Pennsylvania, one in South Jersey, and one in northern Delaware, a spokeswoman said Friday. The bank, which is part of Citizens Financial Group, based in Rhode Island, had 173 branches in the eight-county Philadelphia region at the end of June, the second largest number behind Wells Fargo's 187. Spokeswoman Sylvia Bronner said the closures were part of a regular process of assessing how the bank can best serve its customers economically.
SPORTS
October 27, 2011 | BY FRANK SERAVALLI, seravaf@phillynews.com
MONTREAL - Eric Lindros will be back in Philadelphia on Dec. 31. More than a decade after his disastrous departure from the Flyers, the "Big E" said he will put aside his differences with the organization to return for an alumni game against the New York Rangers on Dec. 31 at Citizens Bank Park. The alumni game will be 2 days before the Flyers and Rangers play in the Winter Classic. Flyers general manager Paul Holmgren told ESPN.com that the team is hoping to reunite the LCB line of Reggie Leach, Bobby Clarke and Bill Barber.
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