Citizens Bank is a Canada-based virtual bank, which is owned by Savings Credit Union of Vancouver City. Citizens Bank offered business and personal banking services over the internet, from 1997 until 2009. Citizens Bank on August 5, year 2009, announced that it will now focus on its operations related to foreign exchange services and Visa card services. Citizens Bank is now a non-deposit bank. It made a exit from the personal banking marketplace few years back, thereafter entering into an agreement to sell its real estate secured, residential mortgage loans, personal loans and Savings. Customers were transferred to another financial institution of their choice to Vancity in B.C.
Operating citizens bank online banking service is very easy. All you need is to create is a Citizens bank online login ID. Here is the step by step process for the first time users .
1. Go to www.citizenbank.com and get registered with citizens’ bank online to access the banking services from the comfort of your home.
2. Select the type of banking and take advantage of citizens’ bank online banking system. You can analyze your financial situation and decide how much money you would want to put into your savings account. Generally this will help the user to decide which type of account suits his financial requirements in the best way.
3. Having citizens bank online system not only saves time but also provides flexibility. The user has to wait for the confirmation email which indicates that his savings account is active now. Usually confirmation email should be expected within two business days.
4. Review the entire account membership benefits and click “citizens bank log in” and wait for the rest of account details, including account number, Visa card etc.