Tenant Description
Citibank is the third largest bank holding company in the United States with over $2 trillion in total assets. Its strongest presence is in California (with largest market shares found in San Francisco and Los Angeles), and it serves 100+ million clients in 40+ countries.
Citibank provides credit cards, mortgages, personal loans, commercial loans, and lines of credit. Citibank’s private-label credit card division, Citi Retail Services, issues store-issued credit cards for such companies as: Costco, The Home Depot, American Airlines and Shell Oil.
What To Look For When Buying A Citibank
What are the total deposits at this location? Many think that physical bank branches are being strongly effected by online banking. You can look up any individual bank branch deposits at the FDIC website
https://www5.fdic.gov/sod/sodInstBranch.asp?barItem=1
What We Like About Citibank
Strong Corporate Guarantee, Annual Rental Increases
Competition
Chase, Bank Of America, Wells Fargo
Citibank Website
https://online.citi.com/US/login.do
Corporate Office Location
701 East 60th Street North – Sioux Falls, South Dakota 57104
Fast Facts
Citibank was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York.
As a result of the financial crisis of 2007–2008 and huge losses in the value of its subprime mortgage assets, Citigroup, the parent of Citibank, received a bailout in the form of an investment from the U.S. Treasury.
