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October 15, 2007

Citizens Bank: Not your typical SBA lender

For the seventh year in a row, Citizens Bank sits at the top of the U.S. Small Business Administration's ranking of loans to small businesses in both Massachusetts and New England.

Citizens originated 384 loans, totaling nearly $16 million, in Massachusetts between Oct. 1, 2006 and Sept. 30 of this year. In New England, the bank originated 1,014 loans totalling more than $36.7 million.

Citizens Bank is a division of RBS Citizens NA, a subsidiary of Providence, R.I.-based Citizens Financial Group Inc.

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