Overview
Providence, Rhode Island-based regional bank. Active mortgage lender competing with sofi and other neobanks for talent and market share.
Recent Developments
- 2026-09-10: Sued sofi in Connecticut federal court alleging orchestrated poaching of 30+ mortgage employees since 2024 across nine states (2026-09-14-citizens-bank-sues-sofi-poaching)
- Nine CT employees resigned within 49 minutes June 12, 2026 — $400M+ annual closed loans, ~70% of CT producers
- Claims: trade secret theft, contract interference, federal rico-litigation; SoFi response due Sept 30