The Federal Reserve's aggressive interest rate hikes throughout the majority of 2023 fueled a race for consumer deposits that pushed bank executives to offer competitive — yet costly — savings rates.

In an exclusive interview with Finextra, Chris Powell, head of deposits and customer engagement at Citizens, reveals how open finance has powered simpler switching and streamlined mobile payments.

After acquiring the remains of Silicon Valley Bank in March, First Citizens BancShares is counting on higher rates at its direct bank — as well as outreach to the failed bank's customers, many of whom ...

Citizens Bank Direct Deposit Time Citizens Bank credits direct deposits up to two days early to clients who enroll in direct deposit and have a checking, savings or money market account.

To create this list of the best banks for early direct deposit, Forbes Advisor analyzed 31 checking accounts and apps at 31 different financial institutions, including online banks, brick-and ...

Here’s how Citizens Bank’s yields stand up to the national average rates as of April 21, 2025, according to the Federal Deposit Insurance Corp. Keep in mind that the national averages tend to ...

Providence, Rhode Island-based Citizens (NYSE: CFG) has $222.3 billion in assets. It is Greater Philadelphia’s fifth-largest bank by deposit market share.

What is direct deposit and how does it work? Direct deposit is an electronic payment process that allows money to be transferred directly into a recipient’s bank account. With direct deposit ...

Direct deposit times vary depending on different factors, including bank processing times and when your employer sends payroll. Most banks post direct deposits before 9 a.m. each business day.