{"id":104388,"date":"2024-02-23T18:12:16","date_gmt":"2024-02-23T18:12:16","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/is-citizens-access-the-same-as-citizens-bank\/"},"modified":"2024-02-23T18:12:16","modified_gmt":"2024-02-23T18:12:16","slug":"is-citizens-access-the-same-as-citizens-bank","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/is-citizens-access-the-same-as-citizens-bank\/","title":{"rendered":"Is Citizens Access the same as Citizens Bank?"},"content":{"rendered":"

Is Citizens Access the same as Citizens Bank?<\/p>\n

Citizens Access is a division of Citizens Bank, but they are not the same entity. Citizens Bank is a traditional brick-and-mortar bank that offers a variety of banking products and services, while Citizens Access is an online-only bank that focuses primarily on high-yield savings accounts and CDs.<\/p>\n

Citizens Bank was founded in 1828 and is headquartered in Providence, Rhode Island. It has a network of branches and ATMs across 11 states in the New England, Mid-Atlantic, and Midwest regions. The bank offers a wide range of banking products, including checking accounts, savings accounts, loans, mortgages, and investment services.<\/p>\n

On the other hand, Citizens Access was launched in 2018 as a digital offshoot of Citizens Bank. It operates solely online, which allows it to offer competitive interest rates on savings accounts and CDs without the overhead costs associated with maintaining physical branches. Citizens Access customers can access their accounts and manage their finances entirely through the bank’s website or mobile app.<\/p>\n

One of the key differences between Citizens Bank and Citizens Access is the focus on high-yield savings products. Citizens Access offers some of the highest interest rates in the industry on its savings accounts and CDs, making it an attractive option for savers looking to maximize their earnings.<\/p>\n

While Citizens Bank also offers savings accounts and CDs, its rates may not be as competitive as those offered by Citizens Access. Additionally, Citizens Bank’s traditional banking model means that customers may have access to a wider range of services, such as in-person assistance and a larger ATM network.<\/p>\n

In summary, Citizens Access and Citizens Bank are related entities under the same parent company, but they cater to different customer segments with varying banking needs. Citizens Access appeals to savers looking for high-yield savings options and the convenience of online banking, while Citizens Bank offers a more comprehensive range of banking services through its physical branches.<\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n