CitiFinancial Opens 200 Branches in North America in 2006
January 3, 2007 - Baltimore, MD – CitiFinancial today announced that it opened its 200th branch of 2006 on December 22, located at 9251 Baltimore National Pike in Ellicott City, Maryland. The branch is one of three new CitiFinancial offices opened in Maryland in 2006 as part of the company’s North American expansion plan. CitiFinancial now has more than 2,000 branches in the United States.
“Opening 200 branches in one year is a significant accomplishment,” said Harry D. Goff, Chairman and Chief Executive Officer of CitiFinancial. “By expanding our distribution into more markets, we’re able to serve more consumers in more communities than ever before, continuing to lead the industry as the premier community-based lender.”
With the addition of Ellicott City, CitiFinancial now has 36 branches in Maryland and more than 300 in the Northeast. By early 2007, CitiFinancial expects its total North American branches to reach more than 2,500.
“We are also thrilled to open a branch so close to our downtown Baltimore headquarters,” Mr. Goff continued. “Our 1,000 Baltimore-area employees are already active in this area, volunteering their time to serve many local organizations. I am confident the new Ellicott City branch team will help us make a difference in our community.”
“I am proud to help the consumers in the Ellicott City area reach their financial goals and dreams,” said Althea Moore, manager of the new Ellicott City branch. “My branch team and I are committed to helping our customers take control of their financial futures.”
CitiFinancial, a financial services company specializing in personal and home equity loans, has been in business in the United States since 1912, with more than 3.5 million customers and more than $31 billion in receivables. In addition to its core products, CitiFinancial also offers affiliate products including auto loans, insurance, and Citi credit cards.
CitiFinancial’s office hours are: Mondays, Wednesdays, and Fridays, 8:30 a.m.-5:30 p.m. and Tuesdays and Thursdays, 10 a.m.-7 p.m.
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CitiFinancial is a member of Citigroup, the leading global financial services company, which has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup’s trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney, and Banamex. Additional information may be found at www.citigroup.com.
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