Subsidy Tracker Parent Company Summary
Parent Company Name:
Citizens Financial Group
Ownership Structure:
publicly traded (ticker symbol CFG)
Headquartered in:
Rhode Island
Major Industry:
financial services
Specific Industry:
banking & securities
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $29,796,384 | 16 |
| Federal (grants and allocated tax credits) | $227,282 | 1 |
| TOTAL | $30,023,666 | 17 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $156,552,642,013 | 53 |
| TOTAL | $156,552,642,013 | 53 |
Time Period for State and Local Awards:
Earliest year of data: 2000. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
CITIZENS ASSET FINANCE; Citizens Bank; CITIZENS LEASING; Citizens Plaza, Inc.; RBS CITIZENS NA; RBS CITIZENS NATIONAL ASSOCIATION
Links:
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Rhode Island | $28,266,918 | 9 |
| Pennsylvania | $875,000 | 2 |
| Louisiana | $511,367 | 1 |
| Maine | $143,099 | 4 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Citizens Bank, National Association | Rhode Island | state | 2016 | $11,531,021 | tax credit/rebate | |
| Citizens Bank, National Association | Rhode Island | state | 2017 | $7,074,323 | tax credit/rebate | |
| Citizens Bank, National Association | Rhode Island | state | 2018 | $6,448,474 | tax credit/rebate | |
| Citizens Bank, National Association | Rhode Island | state | 2015 | $2,978,686 | tax credit/rebate | |
| Citizens Asset Finance Inc. | Louisiana | state | 2015 | $511,367 | property tax abatement | |
| Citizens Bank | Pennsylvania | state | $475,000 | tax credit/rebate | ||
| Citizens Bank | Pennsylvania | state | $400,000 | grant | ||
| CITIZENS BANK | United States | federal | 2018 | $227,282 | federal grant | |
| Citizens Leasing Corporation | Rhode Island | state | 2010 | $86,894 | tax credit/rebate | |
| Citizens Leasing Corporation | Rhode Island | state | 2011 | $81,544 | tax credit/rebate | |
| CITIZENS LEASING CORP | Maine | state | 2009 | $56,560 | property tax abatement | |
| CITIZENS LEASING CORP | Maine | state | 2010 | $45,421 | property tax abatement | |
| CITIZENS LEASING CORP | Maine | state | 2011 | $38,202 | property tax abatement | |
| Citizens Leasing Corporation | Rhode Island | state | 2012 | $32,848 | tax credit/rebate | |
| Citizens Plaza, Inc. | Rhode Island | state | 2009 | $30,671 | tax credit/rebate | |
| CITIZENS LEASING CORP | Maine | state | 2012 | $2,916 | property tax abatement | |
| Citizens Leasing Corporation | Rhode Island | state | 2009 | $2,457 | tax credit/rebate | |
| RBS CITIZENS NA | United States | federal | 2008 | $10,000,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2008 | $8,000,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2008 | $7,500,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $6,250,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $6,250,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $5,500,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $5,500,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $5,000,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2008 | $4,500,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $4,500,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2008 | $4,300,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $4,300,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $4,300,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $4,250,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2008 | $4,000,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $4,000,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $3,300,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $3,250,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $3,250,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2009 | $3,000,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2009 | $3,000,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $3,000,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2008 | $2,750,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2009 | $2,750,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2009 | $2,750,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2009 | $2,750,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2009 | $2,750,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2009 | $2,750,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2008 | $2,500,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2009 | $2,500,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2009 | $2,500,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2008 | $2,200,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2008 | $2,000,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2009 | $2,000,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $2,000,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $2,000,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2008 | $1,700,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2008 | $1,500,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2008 | $1,500,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2008 | $1,500,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2009 | $1,500,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2009 | $1,350,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2009 | $1,350,000,000 | federal loan or loan guarantee | |
| RBS CITIZENS NA | United States | federal | 2009 | $1,300,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2009 | $1,000,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2008 | $800,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2008 | $500,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2008 | $500,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2008 | $400,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2008 | $240,000,000 | federal loan or loan guarantee | |
| CITIZENS BANK OF PENNSYLVANIA | United States | federal | 2008 | $240,000,000 | federal loan or loan guarantee | |
| RBS Citizens, National Association | United States | federal | 2009 | $22,641,280 | federal loan or loan guarantee | |
| Citizens Bank of Pennsylvania | United States | federal | 2009 | $733 | federal loan or loan guarantee | |
| Citizens Bank of Rhode Island | Rhode Island | state | 2007 | undisclosed | training reimbursement |
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