Status of Citizens Bank in the last 24 hours
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Frequent failures of Citizens Bank
On Friday, November 3, 2023, Citizens Bank was closed by the Iowa Division of Banking.
The Federal Deposit Insurance Corporation (FDIC) was named Receiver.
No advance notice is given to the public when a financial institution is closed.
Citizens Bank, based in Sac City, Iowa, has been closed by the Iowa Division of Banking due to financial instability, marking the fifth U.
S.
bank failure reported in 2023.
Related Content: Citizens Financial Group, Inc.
Fitch Ratings - New York - 10 Oct 2023: Fitch Ratings has affirmed Citizens Financial Group, Inc.
's (CFG) Long- and Short-Term Issuer Default Rating (IDRs) at 'BBB+' and 'F1', respectively.
CFG's Rating Outlook was revised to Stable from Positive.
Citizens Bank is an insured member of the Federal Deposit Insurance Corporation (FDIC), which means deposits in all types of accounts are insured, dollar-for-dollar, up to $250,000 per person.
Troubleshooting Tips
Still stuck and not enjoying Citizens Bank, then go to Step 3.