BBB Business Review

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This business is not BBB accredited.

Citizens Bank

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Phone: (401) 456-7000 View Additional Phone Numbers 1 Citizens Plz, Providence, RI 02903

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Citizens Bank of Massachusetts is a commercial lending business operating 9 commercial banking centers. Citizens Bank of Massachusetts is a subsidiary of Citizens Financial Group, Inc., a commercial bank holding company. Citizens is wholly owned by The Royal Bank of Scotland Group, PLC. 

BBB Accreditation

This business is not BBB accredited.

Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.

To be accredited by BBB, a business must apply for accreditation and BBB must determine that the business meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses must pay a fee for accreditation review/monitoring and for support of BBB services to the public.

Reason for Rating

BBB rating is based on 13 factors. Get the details about the factors considered.

Factors that lowered the rating for Citizens Bank include:

  • Business has failed to resolve underlying cause(s) of a pattern of complaints
  • Government action(s) against the business

Factors that raised the rating for Citizens Bank include:

  • Length of time business has been operating
  • Complaint volume filed with BBB for business of this size
  • Response to 800 complaint(s) filed against business
  • Resolution of complaint(s) filed against business

Customer Reviews  are not used in the calculation of the BBB Rating.

Industry Ratings Comparison | Chart

Customer Complaints Summary Read complaint details

800 complaints closed with BBB in last 3 years | 252 closed in last 12 months
Complaint Type Total Closed Complaints
Advertising/Sales Issues 56
Billing/Collection Issues 354
Delivery Issues 10
Guarantee/Warranty Issues 4
Problems with Product/Service 376
Total Closed Complaints 800

Additional Complaint Information

According to BBB files this business has a pattern of complaints concerning an overall lack of customer service. Consumers state that the business does not communicate in a timely or effective manner regarding applications for car loans, mortgages, or refinancing.  Requests for copies of statements or documents necessary to facilitate loans, or fulfill the needs of the consumer, are not processed in a timely manner, resulting in dissatisfied consumers. Consumers indicate that they want better customer service when applying for a car loan, mortgage or refinancing. Consumers state they want service that helps them navigate the complex requirements for such loans, rather than causing delays to the process. Consumers state that the business relays incorrect available funds information to consumers via phone and online, prompting consumers to utilize those available funds to make payments. This practice is resulting in insufficient funds fees to be charged to the account. Consumers state that the business processes the largest item first for debits, regardless of the sequence in which purchases are made. This results in multiple fees being charged to the consumer. Consumers indicate that they want refunds of all fees when an incorrect positive balance causes them to use funds that the bank later claims were not available. BBB sent a written notice to RBS Citizens on 4/2/15 identifying the potential pattern of complaint with a request for a business response. As of 5/14/15 business did respond to BBB however the business did not address the pattern of complaints or indicate any actions the business might be willing to take to reduce or eliminate the pattern.

Customer Reviews Summary Read customer reviews

76 Customer Reviews on Citizens Bank
Customer Experience Total Customer Reviews
Positive Experience 0
Neutral Experience 4
Negative Experience 72
Total Customer Reviews 76

Additional Information

BBB file opened: January 28, 2003 Business started: 01/01/1947 in RI Business incorporated 01/30/1970 in RI
Licensing, Bonding or Registration

This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.

These agencies may include:

Federal Deposit Insurance Corporation (FDIC)
15 Braintree Hill Office Park, Braintree MA 02184-0172
Phone Number: (877-275-3342) or TDD: 800-925-4618 or 781-794-5500
The number is 57957.

Type of Entity


Business Management
Ms. Lorissa Harris, Operations Analyst
Contact Information
Customer Contact: Ms. Susan Brown, Office of the Chairman
Number of Employees


Business Category

BANKS FINANCIAL SERVICES Savings Institutions (NAICS: 522120)

Alternate Business Names
CCO Mortgage Charter One Charter One Bank Citizens Corporation
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Customer Review Rating plus BBB Rating Summary

Citizens Bank has received 1.48 out of 5 stars based on 76 Customer Reviews and a BBB Rating of D.

BBB Customer Review Rating plus BBB Rating Overview
Industry Ratings Comparison Chart X
Same Relative Size   All Businesses
The information in the chart below represents an industry ratings comparison of businesses which are of the same relative size or for all businesses (see toggle). This is based on BBB's database of businesses located in Eastern Massachusetts, Maine, Rhode Island and Vermont. Businesses may engage in more than one type of business.

BBB Customer Review Rating plus BBB Rating Overview

BBB Customer Reviews Rating represents the customers opinions of the business. The Customer Review Rating is based on the number of positive, neutral and negative customer reviews posted that are calculated to produce a score.

Customer Review Experience Value
Positive Review 5 points per review
Neutral Review 3 points per review
Negative Review 1 point per review

BBB letter grades represent the BBB's opinion of the business. The BBB grade is based on BBB file information about the business. In some cases, a business' grade may be lowered if the BBB does not have sufficient information about the business despite BBB requests for that information from the business.

BBB Letter Grade Scale

BBB Rating Value
A+ 5
A 4.66
A- 4.33
B+ 4
B 3.66
B- 3.33
C+ 3
C 2.66
C- 2.33
D+ 2
D 1.66
D- 1.33
F 1
NR -----
Star Rating scale

  Average Score
5 stars 5.00
4.5 stars 4.50-4.99
4 stars 4.00-4.49
3.5 stars 3.50-3.99
3 stars 3.00-3.49
2.5 stars 2.50-2.99
2 stars 2.00-2.49
1.5 stars 1.50-1.99
1 star 0-1.49

BBB Customer Review Rating plus BBB Rating is not a guarantee of a business' reliability or performance, and BBB recommends that consumers consider a business' BBB Rating and Customer Review Rating in addition to all other available information about the business. If the BBB Rating is NR then only Customer Reviews are used for the Star Rating.