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City National Bank was a regional bank headquartered in Newark, New Jersey with four branches in the New York metropolitan area.According to the June 2011 issue of Black Enterprise magazine, it was the seventh largest African-American owned and operated commercial bank in the United States.
Citibank, N.A. ("N. A." stands for "National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation. [2] Citibank was founded in 1812 as City Bank of New York, and later became First National City Bank of New York. [3] The bank has branches in 19 countries.
Entrance to the building. Citicorp, the largest bank in the United States at the time, [1] announced plans to build an office tower in Long Island City in Queens in 1985. [12] [13] It was commissioned by the bank to supplement its nearby headquarters at Citicorp Center in Manhattan, and partly financed by the sale of more than 30 floors at Citicorp Center – a deal The New York Times ...
Citibank, (formerly City Bank of New York) was chartered by the State of New York on June 16, 1812, with $2 million (~$43.4 million in 2023) of capital. [9] [10] Serving a group of New York merchants, the bank opened for business on September 14 of that year, [citation needed] and Samuel Osgood was elected as the first President of the company. [9]
In July 2021, Citizens announced plans to acquire New Jersey–based bank holding company Investors Bancorp for $3.5 billion. Citizens took over more than 150 branches with the deal. [57] [58] [59] As of February 2023, all Investors locations were rebranded as Citizens Bank. [60]
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