09/01/2015

Citizens Bank Introduces No Maintenance Fee Checking Account for Small Business Customers

Clearly Better Business Checking™, with no monthly maintenance fee, no minimum balance requirement and up to 200 free transactions per statement period, helps small business owners bank better

PROVIDENCE, R.I.--(BUSINESS WIRE)-- Citizens Bank today announced the launch of Clearly Better Business Checking, a new free checking account for small businesses with no monthly maintenance fee, no minimum balance requirements and up to 200 free transactions per statement period at no cost.

“The number one thing we hear from small business owners is that they want financial products that help them spend less time managing their finances and more time focusing on running their businesses,“ said Quincy Miller, President of Business Banking at Citizens Bank. “With no need to monitor account activity for monthly maintenance fees or minimum balance requirements, Clearly Better Business Checking makes it easier for these business owners to focus on serving their customers and growing their businesses.”

With Clearly Better Business Checking, customers can bank without having to worry about any unknown fees impacting their business. In addition to having no maintenance fee or minimum balance requirement with this checking account, small business owners can also make up to 200 transactions per statement period without incurring any transaction fees.

Customers also incur no fees for electronic transactions and can take advantage of Citizens mobile app.

Citizens designed the new easy-to-use checking account as part of its Bank Better program focused on making banking simple, clear and personal. Mirroring the simplicity and clarity of its popular One Deposit Checking account for consumer personal banking, the new Clearly Better Business Checking account offers the value of a simple checking product to small business customers.

Citizens was designated as one of the Most Reputable Banks in the country by American Banker/Reputation Institute in 2015. To learn more about Citizens Bank, customers can call the 24/7 customer contact center at 1-800-922-9999, Like the bank on Facebook, follow the bank on Twitter or visit the Citizens Bank website.

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $137.3 billion in assets as of June 30, 2015. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. In Consumer Banking, Citizens helps its retail customers “bank better” with mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,200 ATMs and approximately 1,200 Citizens Bank branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Citizens also provides mortgage lending, auto lending, student lending and commercial banking services in select markets nationwide. In Commercial Banking, Citizens offers corporate, institutional and not-for-profit clients a full range of wholesale banking products and services including lending and deposits, capital markets, treasury services, foreign exchange and interest hedging, leasing and asset finance, specialty finance and trade finance.

Citizens operates through its subsidiaries Citizens Bank, N.A., and Citizens Bank of Pennsylvania. Additional information about Citizens and its full line of products and services can be found at www.citizensbank.com.

Citizens Bank is a brand name of Citizens Bank, N.A. (NMLS ID# 433960) and Citizens Bank of Pennsylvania (NMLS ID# 522615).Member FDIC,Equal Housing Lender.

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Citizens Bank
Steve Sylven, 781-471-1481

Source: Citizens Bank