Citizens Bank, N.A. has increased its prime lending rate to 7.00 percent from 6.75 percent, effective Thursday, September 17, 2026. The change was announced by parent company Citizens Financial Group, Inc., which trades on the New York Stock Exchange under the ticker CFG. Citizens Financial Group is one of the nation's oldest and largest financial institutions, with $233.8 billion in assets as of June 30, 2026, and is headquartered in Providence, Rhode Island. The company serves retail, private banking, wealth management and commercial banking clients through roughly 1,000 branches and approximately 3,000 ATMs in 14 states and the District of Columbia.
Citizens Financial Group, Inc.Citizens Bank raised its prime lending rate to 7.00% from 6.75%, lifting its lending margins.
