National City Bank of New York
"Citi never sleeps"
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| Subsidiary | |
| Industry | Financial services |
| Founded | June 16, 1812 (as City Bank of New York) |
| Headquarters | New York City, New York |
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Key people
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Michael E. O'Neill (Chairman of Citigroup) Michael Curvita (CEO of Citigroup) |
| Products |
Credit cards Mortgages Personal loans Commercial loans Lines of credit. |
| Parent | Citigroup |
| Website | https://citi.com |
Citibank is the consumer division of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, later First National City Bank of New York. Citibank provides credit cards, mortgages, personal loans, commercial loans, and lines of credit.
The bank has a total of 2,649 branches in 19 countries, including 723 branches in the United States and 1,494 branches in Mexico. The U.S. branches are concentrated in six metropolitan areas: New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. In 2016, the United States accounted for 70% of revenues and Mexico accounted for 13% of revenues. Aside from the U.S. and Mexico, most of the company's branches are in Poland, Russia, India and the United Arab Emirates.
Citibank's private-label credit card division, Citi Retail Services, issues store-issued credit card for such companies as: Sears, ConocoPhillips, ExxonMobil, The Home Depot, Staples Inc., and Shell Oil.
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Wikipedia