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Former Citizens Savings Bank building in Canonicus Square, Providence, Rhode Island. Citizens was established in 1828 as the High Street Bank in Providence, Rhode Island. [10] [11] In 1871, the Rhode Island legislature gave a second charter to establish the Citizens Savings Bank which eventually acquired its parent group to form Citizens Trust ...
Throughout 2012, Citizens asked 174,000 of its nearly 1.4 million policyholders to move their policies to five private insurers. Approximately 25,000 of that group chose to remain with Citizens, [17] [18] but Florida's consumer insurance advocate Robin Smith Westcott warned that, "For the consumer, there really isn't enough information."
CIT Group (CIT), a subsidiary of First Citizens BancShares, is an American financial services company. It provides financing, including factoring , cash management , treasury management , mortgage loans , Small Business Administration loans, leasing, and advisory services principally to individuals, middle-market companies and small businesses ...
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The bank holding company considered issuing stock to pay the debt back, but instead put itself up for sale with J.P. Morgan Chase hired to find a buyer. [24] On September 13, 2012, Akron, Ohio-based FirstMerit Corporation announced it would acquire Citizens in a stock-for-stock merger transaction valued at approximately $912 million. [25]
Frontier Communications Parent, Inc. is an American telecommunications company. [6] Known as Citizens Utilities Company until 2000, [7] Citizens Communications Company until 2008, [8] and Frontier Communications Corporation until 2020, [6] as a communications provider [9] with a fiber-optic network [10] and cloud-based services, [11] Frontier offers broadband internet, digital television, and ...