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Citizens vs. Santander: how the two banks compare
Citizens has about 2.2 times the total assets of Santander, according to FDIC call report data as of 06/30/2026. Citizens operates more offices (981 vs. 558), and the two banks overlap in 9 states and territories where both have branches.
This comparison uses only public FDIC BankFind data. It does not rank or recommend either bank, and it does not cover account rates, fees, apps, or customer service. Both banks are trademarks of their owners; BankNearMe.com is not affiliated with either.
Side-by-side FDIC data
| Citizens | Santander | |
|---|---|---|
| Legal name | Citizens Bank, National Association | Santander Bank, N.A. |
| FDIC certificate | #57957 | #29950 |
| Main office (charter address) Where the bank is chartered, not necessarily its corporate headquarters | Providence, RI | Wilmington, DE |
| Established Per FDIC records | 2005 | 1907 |
| Holding company As listed by the FDIC | CITIZENS FINANCIAL GROUP INC | BANCO SANTANDER SA |
| Primary federal regulator | Office of the Comptroller of the Currency (OCC) | Office of the Comptroller of the Currency (OCC) |
| Total assets | $232.5B | $104.0B |
| Total deposits | $188.7B | $84.4B |
| Net income, year to date Through 06/30/2026 | $1.1B | $523M |
| Return on assets (ROA) Annualized | 0.99% | 1.00% |
| Return on equity (ROE) Annualized | 8.50% | 7.54% |
| Offices | 981 | 558 |
| Deposits per office Total deposits divided by offices | $192M | $151M |
| States and territories with branches Including D.C. | 17 | 9 |
Financial data from the 06/30/2026 FDIC call report; branch locations from the FDIC BankFind locations index (updated 2026-11-06). Dollar figures are rounded.
Where each bank has branches
Both banks (9): Connecticut, Delaware, Florida, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island
Only Citizens (8): California, District of Columbia, Kentucky, Maryland, Michigan, Ohio, Vermont, Virginia
Only Santander (0): None
Branch counts in the top 15 states
| State | Citizens | Santander |
|---|---|---|
| Massachusetts | 179 | 129 |
| New York | 171 | 134 |
| Pennsylvania | 213 | 63 |
| New Jersey | 107 | 86 |
| Connecticut | 30 | 108 |
| Rhode Island | 53 | 25 |
| Ohio | 69 | 0 |
| Michigan | 65 | 0 |
| New Hampshire | 40 | 10 |
| Delaware | 17 | 1 |
| Florida | 8 | 2 |
| Vermont | 10 | 0 |
| California | 8 | 0 |
| Maryland | 4 | 0 |
| Virginia | 3 | 0 |
Counts are FDIC-reported branch locations by state. To see the specific branches near you, search Citizens locations or search Santander locations by ZIP or city.
What these numbers mean
- Total assets measure overall size: loans, securities, and cash the bank holds.
- Return on assets shows how much profit a bank earns per dollar of assets; return on equity shows profit relative to shareholders' capital. Both are annualized figures from the call report.
- Office count is a rough guide to in-person access, but what matters most is whether a branch is near where you live and work.
- Size doesn't change FDIC coverage. Every insured bank's deposits are covered up to $250,000 per depositor, per bank, per ownership category.
What FDIC data doesn't tell you
Account APYs, monthly fees, overdraft policies, ATM networks, and app quality aren't in FDIC data. Compare those on each bank's own disclosures, and check today's national average savings and CD rates or the best nationwide CD rates before you choose. Our CD calculator and savings calculator show what a given APY earns.
Frequently asked questions
Which is bigger, Citizens or Santander?
By total assets, Citizens is larger: $232.5B vs. $104.0B for Santander, as of the 06/30/2026 FDIC call report. By deposits it is $188.7B for Citizens and $84.4B for Santander.
Which has more branches, Citizens or Santander?
Citizens reports 981 offices to the FDIC, compared with 558 for Santander. Citizens has branches in 17 states and territories (including D.C.) and Santander in 9.
Are Citizens and Santander FDIC-insured?
Yes. Citizens Bank, National Association (FDIC Cert #57957) and Santander Bank, N.A. (FDIC Cert #29950) are both active FDIC-insured banks. Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, so money at the two banks is insured separately.
Is Citizens or Santander better for me?
FDIC data shows size, reach, and financial results, not account rates, fees, or service quality. Compare the specific account's APY, monthly fees, minimums, and the branches near you, and check the national averages on our rates page.
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Sources: FDIC BankFind Suite API (institutions and locations), Citizens on FDIC BankFind, Santander on FDIC BankFind; deposit insurance limits from FDIC.gov. Educational only; not financial advice.