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Citizens Bank Provides $70 Million in Financing Toward $100 Million Expansion of The Wistar Institute
Date:9/23/2011

ition to the financing announced today, Citizens Bank provides the Wistar Institute cash management, deposit and foreign exchange services.

The Wistar Institute broke ground on the project today which is expected to have a positive economic impact on the city and region. Construction of the research facility will create approximately 380 jobs. In addition, more than 100 new research and administrative jobs at Wistar will be created when the project is complete in 2014. For more information about the expansion project, visit www.wistar.org.

About Citizens Bank of Pennsylvania

Citizens Bank of Pennsylvania is a state-chartered bank with dual headquarters in Pittsburgh and Philadelphia. It has 385 branches and 988 ATMs throughout Pennsylvania. It also operates 13 retail branches and 107 ATMs in southern New Jersey, and a commercial loan office and 20 ATMs in Virginia. It is a subsidiary of Citizens Financial Group, Inc., a $132 billion commercial bank holding company headquartered in Providence, R.I.

Citizens Financial Group, through its subsidiaries, has more than 1,500 branches and approximately 3,900 ATMs, and more than 20,900 colleagues. CFG's two bank subsidiaries are RBS Citizens, N.A. and Citizens Bank of Pennsylvania. They operate a 12-state branch network under the Citizens Bank brand in Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont, and the Charter One brand in Illinois, Michigan and Ohio. CFG has non-branch retail and commercial offices in more than 30 states. CFG is owned by RBS (The Royal Bank of Scotland Group plc). CFG's website is citizensbank.com.


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