Citizens Commercial Banking Related Content

Real-Time Payments Gaining Traction Among Businesses

According to a report from Citizens Commercial Banking, real-time payments are continuing to emerge as the standard in U.S. billing and payment processing, with nine out of 10 business leaders reporting interest in the network. read more

Citizens Business Conditions Index Shows Stability in Q2/20

The Citizens Business Conditions Index showed stability in Q2/20, decreasing from 60.8 to 60.3 despite the quarter beginning with many businesses reeling from the shutdown of the global economy caused by the COVID-19 pandemic. read more

Citizens Business Conditions Index Shows Solid Q1 Start, Emerging Pandemic Pain

The Q1/20 Citizens Business Conditions Index showed only a slight decline (from 61.0 to 60.8) because the full economic impact of the COVID-19 pandemic emerged late in the quarter, but the modest directional shift reflected the gathering storm of the pandemic disruption. read more

M&A Outlook: Still a Sellers’ Market, Urgency Recedes as Growth Continues

Citizens Bank’s annual Middle Market M&A Outlook showed mid-market leaders expect their businesses to grow more in 2020 through organic strategies than through acquisitions. read more

Citizens Agents $55MM Loan for LeCesse, MAS Development

Citizens Commercial Banking served as administrative agent on a $55 million loan for LeCesse Development and MAS Development Group. read more

Wesemeier, Los Join Citizens as Managing Directors

Citizens Commercial Banking has hired Peter Wesemeier and Ben Los as managing directors, expanding the bank’s expertise in financial institution and insurance industry clients. read more

Musicant, Malz Join Citizens in West and Midwest Leadership Roles

Citizens Commercial Banking established a West Region, hiring David Musicant as its first leader, and tapped a new leader for its Midwest Region, naming Jim Malz Ohio president. read more

Sullivan, Leary Join Citizens’ High Yield Sales and Trading Team

Two veteran bankers, Rich Sullivan and Josh Leary, joined Citizens Commercial Banking to add expertise and help build out the bank’s high yield sales and trading business. read more

Shanahan Joins Retail Finance Group at Citizens

Jason Shanahan joined Citizens Commercial Banking as a senior vice president and senior originator in the bank’s Retail Finance Group. read more

Citizens Arranges Financing to Support Octo Acquisition of Connexta

Citizens Commercial Banking served as lead arranger on new financing for Octo’s acquisition of Connexta, an open source software developer and secure discovery solutions provider. read more

Citizens Names Gannon Escrow Agency Relationship Manager

Roni Gannon joined Citizens Commercial Banking as an escrow agency relationship manager. read more

Citizens Supports Bromford Industries Acquisition of Accrofab

Citizens Commercial Banking led and served as sole lead arranger on a new credit facility to support Bromford Industries’ acquisition of Accrofab Limited. read more

Citizens Hires Neenan Fogarty as Head of Healthcare Banking

Citizens Commercial Banking hired Laura Neenan Fogarty as head of its national healthcare banking group. She previously served with Citigroup, the Bank of New York and Bank of America. read more

Citizens Provides $90MM Financing Package for GE’s Boston HQ

Citizens Commercial Banking is providing $90 million in financing to help MassDevelopment fund the land acquisition and improvement of the GE’s planned Boston headquarters. read more

Nations Equipment Finance Gets $300MM Credit Facility from Citizens Bank

Citizens Commercial Banking led a new $300 million revolving credit facility for Nations Fund I, a wholly owned subsidiary of Nations Equipment Finance. read more

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