Under the agreement, Citizens will acquire approximately $9.0 billion in deposits and approximately $2.2 billion in loans for a 2.0 percent premium paid on deposits at closing. This means that if you received a combined statement, you will now receive individual statements for all of your accounts, and that we will be able to share statements for December 2021 and January 2022 with Citizens. For East Coast and online customers, certain brokerage accounts that are included in the agreement with Citizens transferred to Citizens Securities on or about February 18, 2022. Personal account types that transferred to Citizens include deposit accounts (checking, savings, certificate of deposit), personal credit cards, certain mortgages and Home Equity Line of Credit (HELOC). Uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include the failure to consummate this transaction or to make or take any filing or other action required to consummate any such transaction on a timely matter or at all. Learn what these transactions mean for our customers, here and abroad. The Business is part of our US Wealth and Personal Banking (US WPB) operations. Green Savings: Citizens Bank gives you the first four months free of charge when you open this savings account. After 12:00 PM ET, September 17, 2022, you can make payments by enrolling in online or mobile banking, or by calling PF|CP Customer Service. Further, the. Founded in 1865, HSBC is one of the worlds largest banking and financial services organisations. Deposit products in the U.S. offered by HSBC Bank USA, N.A. Camera-in device required to be able to utilize HSBC Mobile . HSBC Bank USA, National Association (HSBC Bank USA, N.A.) HBUS has entered into sale agreements, subject to regulatory approval, with Citizens Bank and Cathay Bank for certain parts of the Business. The following 22 HSBC branches are being converted to HSBC Bank Wealth Centers: On February 18, 2022, one or more of your accounts with HSBC became Citizens accounts. Below are the nine top checking accounts for expatswith proven track records.Some of the banks listed have a hefty physical presence abroad, think HSBC and Citi, and others, like Ally Bank or . Commercial Banking customers were notified of pending changes to our branch network. After 12:00 PM ET, September 17, 2022, you can schedule electronic payments with PF|CP. HSBC remains focused and committed to our Commercial Banking customers including the Business Banking segment (businesses with an annual turnover of more than US$5 million). First Bank & Trust is a family- and employee-owned South Dakota state bank, member FDIC, with 22 locations in 17 communities in South Dakota and Minnesota. Photo: Georgina Lee alt=Cathay Bank's branch in Hong Kong on May 27. Your customizable and curated collection of the best in trusted news plus coverage of sports, entertainment, money, weather, travel, health and lifestyle, combined with Outlook/Hotmail, Facebook . Redemption options if your account is open and in good standing will be modified as follows: Direct Deposit into an HSBC checking/savings account will no longer be available. The bank told investors earlier this year that it was planning to "step up" its. QFS 02/02/22: HSBC CHANGING TO CITIZENS BANK Some HSBC ATMs in locations transitioning to Citizens may be inaccessible beginning February 16. Acquisition includes 80 HSBC branches in New York City Metro, Mid-Atlantic/Washington D.C. and Southeast Florida with approximately $9.0 billion in deposits and $2.2 billion in loans. Start Here Why Citizens Banking that stands and grows with you Financial solutions for your stage of life and beyond Checking Credit Card Home Loans Wealth Management I have a credit card transitioning to citizens. Just 10 days after agreeing to sell its upstate New York branches, HSBC Holdings Plc agreed Wednesday to unload the bulk of . Product specific information will be available on the site in early January. PF|CP has mailed letters to these accounts, notifying of the change. Please contact that financial services provider and provide your PF|CP account information. Amazon Shop with Points will no longer be available. Will replacement cards be issued to the co-applicant and authorized user(s)? PF|CP will have your last 13 months of HSBC statements, which you can access when you enroll in PF|CP online banking at, If you think you may need any HSBC statement history prior to 13 months, please download these statements prior to September 15, 2022, by going to HSBC. On the other hand, senior citizens can earn up to 7.5 percent interest. Citizens ATM/debit cards and credit cards can be used now. There are no new promotional rate offers, or any extensions of time for any existing introductory or promotional rate offers, being made at this time. Community Reinvestment Act and HSBC Community Development, Citizens Information for International Customers. Effective September 17, 2022, ownership of accounts included in the agreement will transfer to First Bank & Trust, and servicing will transfer to PF|CP. With a sizable customer base and a solid deposit franchise, this acquisition will serve as a springboard for our consumer national expansion strategy. Morgan Stanley & Co., LLC served as financial advisor and Debevoise & Plimpton LLP served as legal counsel to Citizens. Please refer to your Rewards Program Rules that will be included with your PF|CP credit card, which you should receive by early September. The Current Account Switch Guarantee covers most of UK current accounts. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. Learn what the transfer of certain HSBC credit card accounts means for our customers, here and abroad. "We remain a global international bank. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. .cookie-notification--external .cookie-notification__inner .cookie-notification__body{ padding-left:5px; } Lloyds Banking Group has also confirmed that it will proceed with the closure of 56 branches this year - across its Lloyds, Halifax and Bank of Scotland brands - a move which it had paused . The balances remaining as continuing US WPB operations represent Premier, Jade and Private Banking customers. Photo: Georgina Lee. HSBC employees hit by the restructuring will transfer to Citizens Bank or Cathay Bank, or else transition to new roles within HSBC, according to a person familiar with the British bank's plans. HSBC Bank USA, N.A. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook. I have accounts that are part of the agreement with Citizens or Cathay Bank. The changes described will be effective March 14, 2022. Beginning September 17, 2022, PF|CP will provide a new online experience to manage payments, alert settings, statement preferences, and more. Soon well be sharing exciting information on how were adapting these locations to enhance our service to Premier, Jade and Private Banking customers. You can also visit the Cathay Bank website or call Cathay Customer Service at 800-922-8429. In February 2022, Citizens Bank took HSBC's US operations on the East Coast, and Cathay Bank took over on the West Coast.. HSBC's US retail banking business struggled to be profitable in recent years as interest rates fell to historic lows, affecting the ability of banks to make money on traditional lending and other products tied to rates. Please stop using it at that time. Citizens Buys HSBC Branches and Scales Up Expansion Loaded 0% - Series Citizens Bank Buys HSBC Branches and Scales Up National Expansion June 29, 2021 17:00 PM PST - Updated June 30, 2021. Accounts of Retail Business Banking customers (small businesses with annual sales of US$5 million and under) were transitioned to Cathay Bank on February 4 and Citizens on February 18. For our customers who fall outside the above propositions, the impact on investment relationships differs depending upon the geographic region, For West Coast customers, banking relationships transitioned to Cathay Bank but investment and insurance relationships did not as they were not part of the agreement. Feel free to call us if there are any questions. ACH Direct Deposits will be transferred to your new account until May 19. You can request a debit or ATM card during the account opening process. Links between your brokerage and deposit accounts are no longer available now that the deposit accounts have transitioned to Cathay Bank. +44 (0) 7920 254057 What changes for my ATM/debit and credit cards? Where can I find more information about other Cathay Bank locations? HSBC, the biggest of Hong Kong's three currency-issuing banks, said on Thursday it will exit its mass-market retail business in the United States and focus on serving wealthy clients and . At 1:00 AM ET on September 17, 2022, HSBC will deactivate your HSBC credit card. First Bank & Trust has a history that dates back more than 140 years and spans four generations of the Fishback family, who support independent and entrepreneurial leadership. Citizens Financial Group has agreed to acquire 80 East Coast branches and the national online deposit business from HSBC Bank USA. How will my business access Night Drop services? 2023. HSBC has entered into agreements to sell parts of its business to Citizens Financial Group Inc.'s Citizens Bank and Cathay General Bancorp's Cathay Bank. We are repositioning our US retail business by renewing our emphasis on the international wealth management needs of globally mobile and affluent individuals in the United States. Following are transactions and information that transitioned to Citizens: From February 21, 2022, to April 19, 2022, HSBC will forward any presented checks to Citizens so they can post to your new account. We are here to help after February 4 when one or more of your accounts have transferred to Cathay Bank. 25,000 per beneficiary, per account, per day. Roughly 63% of the acquired HSBC deposits are in the New York metro area. Can I use my PF|CP credit card for contactless transactions? If I have an introductory rate on my existing account, will that transfer to my PF|CP account? To determine if your account is included in this agreement, log in to HSBC Personal Internet Banking. Support this work for $1 a month. robert.a.sherman@us.hsbc.com, Richard OConnor What is the impact on my investment or insurance relationships? 1990 to today Citizens Financial will add $9.2 billion in deposits and $2.2 billion in outstanding loans once the deal closes in the first quarter of 2022. If you are enrolled in a mobile wallet, just before transition, after 3:30 PM ET, September 15, 2022, you will no longer be able to access your HSBC credit card in that manner. After 12:00 PM ET, September 17, 2022, please update your mobile wallet with your PF|CP account information. HSBC Bank revised FD rates 2022. These locations are a core part of our wealth strategy: To focus on what we do best connecting our customers to a world of opportunity and bringing cross-border business and investment to the United States. We are here to help after February 18 when one or more of your accounts have transferred to Citizens. HSBC Branches Transitioning to Citizens | Citizens Resource Center Home Transition Status New Citizens Branches View all 1,000+ Citizens branches The following HSBC locations are now Citizens Locations with a * offer safe deposit box services New York New Jersey Pennsylvania Washington, DC Maryland Virginia Florida Will my HSBC relationship manager change? With assets of US$2,959bn at 31 March 2021, HSBC is one of the worlds largest banking and financial services organisations. Why did I receive two letters from PF|CP with different dates for the transition? This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. Where can I find more information about other Citizens locations? Our HSBC Wealth Services Desk contact information is noted below. The Citizens contact center can be reached at. When did I become a customer of Citizens? You need the sort code and account number to set these up. The revised rates came into effect from 19 December 2022. The London-based bank said it would sell its banking operations for the mass market and small businesses on the East Coast to Citizens Bank, part of Citizens Financial Group, and sell its West Coast retail operations to California's Cathay Bank. Your due date may change slightly but will still be at least 25 days after the close of each billing cycle. Will I continue to receive paperless statements? Customers should destroy any keys for Night Drops at these locations. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Limit. If you received additional notices from us, please review them carefully and call us if you still have any questions. The announced transactions are expected to close by the first quarter of 2022, subject to regulatory approvals. Thank you. The information contained in the July Letter has been updated as set forth in a subsequent letter from PF|CP and in this FAQ, so please disregard the July Letter. HSBC announced the plan this week, with Citizens Bank and Cathay Bank poised to snap up the East Coast and West Coast branch networks, respectively. Citizens Bank has entered into an agreement to purchase the East Coast domestic mass market and retail business banking businesses as well as the online bank portfolio, including 80 branches and approximately 800,000 customer relationships with c. US$9.2bn in deposits and US$2.2bn of outstanding loans as at 31 March 2021. Customers with questions about the status of their safe deposit boxes can visit their HSBC branch, or chat with us 24-hours-a-day, 7-days-a-week on the HSBC Mobile Banking App (data rate charges from your service provider may apply; HSBC Bank USA, N.A. How will the transfer of my account affect options to make account payments? We continue to provide banking services including credit cards to wholesale banking (commercial and institutional) clients, and as part of the Premier, Jade and Private Banking propositions. Under the agreement, the parent company to Citizens Bank. .cookie-notification--external .cookie-notification__inner .cookie-notification__body{ padding-left:5px; } I live outside the United States. HSBC Cash Rewards Mastercard credit card. ", Cathay Bank's branch in Hong Kong on May 27. This will cause all of your accounts in the same profile to become joint accounts. Citizens Financial Group, Inc. is one of the nations oldest and largest financial institutions, with $187 billion in assets as of September 30, 2021. What is the impact on my investment or insurance relationships? To help make the transition as seamless as possible, Citizens will update this site as new information becomes available. HSBC uses cookies to give you the best possible experience on our websites. Note: A small number of customers may have received updates following notice of the transition to Citizens if there was an operational issue or other circumstance that would keep Citizens from accepting the account or a particular securities position within the account. Cash back on . Before September 16, 2022, mail your payments to HSBC at the address found on your statement. PROVIDENCE, R.I., February 22, 2022--Citizens Financial Group, Inc. (NYSE: CFG or "Citizens") today announced the closing of its previously announced acquisition of 80 East Coast branches and the . The $6 billion in deposits there would be good enough to rank Citizens No. In 2020, we set out a plan to shift our business strategy in the United States to maximize the connection between our clients and our world-class international network. Citizens Bank is a brand name of Citizens Bank, N.A. All Rights Reserved. Beginning September 17, 2022, mail payments to PF|CP, PO Box 650726, Dallas, TX 75265-0726. HSBC, Citizens and Cathay Bank have been in touch with these small business customers with information about the transition. That same month, the bank announced that it would hire 5,000 wealth planners and invest US$6 billion in its latest pivot to Asia, which includes relocating several of its global business leaders. And any payments sent to your old account will be automatically redirected to your new one. Please be aware that the external site policies, or those of another HSBC Group website, may differ from our website terms and conditions and privacy policy. HSBC, Europe's largest bank, had just been caught allowing a network of drug kingpins, including the notorious Joaqun "El Chapo" Guzmn, to launder more than $880 million through its accounts. We appreciate you taking the time to give us feedback. If you believe you are subject to protection under the Bankruptcy Code, please contact our Customer Service Department at your earliest convenience so that we can update the records applicable to this account, if appropriate. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. For questions about HSBC Securities (USA) Inc. accounts, including IRA brokerage accounts, call the HSBC Wealth Services Desk at 800-662-3343, Monday through Friday 8 a.m. 6 p.m. Citizens Financial Group, Inc. to Acquire HSBC East Coast Branches and National Online Deposit Business Acquisition includes 80 HSBC branches in New York City Metro, Mid-Atlantic/Washington. It will wind down the remaining 35 to 40 branches. Please be aware that the external site policies, or those of another HSBC group website, may differ from this website's terms and conditions and privacy policy. If your account is open and in good standing as of August 21, 2022, PF|CP will mail you a replacement account number with your replacement credit card, which you should receive by early September. Short for Automatic Clearing House, ACH numbers are unique to each bank in the US. Personal account types that transferred to Cathay Bank include deposit accounts (checking, savings, certificate of deposit), and certain mortgages. Customers whose accounts will transfer recently received a letter from PF|CP informing them that ownership was to transfer to First Bank & Trust as of August 20, 2022 (the July Letter). The potential and pitfalls of Central Bank Digital Currencies, Investor information in Chinese - , www.about.us.hsbc.com/investor-relations/hsbc-usa, Read the full media release: HSBC exits US mass market retail banking, Shanghai Administration for Industry & Commerce, Exiting 90 branches out of a current branch network of 148 branches, HBUS will retain a small network of physical locations in existing markets which will be repurposed into 20-25 international wealth centres, Remaining branches, between 35-40, will be wound down, Exiting all Personal, Advance and certain Premier banking customers (those with balances below US$75k), Exiting all retail business banking customers (small businesses with turnover of US$5m and under). HBUS will retain a small network of physical locations in existing markets which will be repurposed into 20-25 international wealth centres to serve our core international customer base of c.300k affluent and high net worth customers (out of a historical base of c.1.4m). Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. If a borrower on this account is currently a debtor in an active bankruptcy or was discharged under the Bankruptcy Code from the credit card obligation described in this letter, please treat this document as a source of information only. A presentation providing additional information on the transaction is available at https://investor.citizensbank.com/about-us/investor-relations/events-and-presentations/2021.aspx, Cautionary Statement About Forward-Looking Statements. HSBC is selling its East Coast branches to Citizens and its West Coast branches to Cathay Bank as part of its exit from most of its U.S. banking operations. Will I maintain that rate? It complements our existing franchise and helps advance our digital-first national expansion strategy, giving us a strong foundation to drive further growth and gain scale. The updated policy will support the transition towards a net zero future by 2050 or sooner. Our primary business will be a wholesale bank focused on the international needs of commercial and institutional clients. What can you tell me about HSBC Bank Wealth Centers? If a customer did not receive a letter, no action is required. Truly insane that there has been zero communication from the bank. So for questions about these changes as well as details about services available through Citizens, please contact Citizens directly: visit, Questions about the transition status of specific HSBC checking and savings accounts can be directed to HSBC: chat with us 24 hours a day, 7 days a week on the HSBC Mobile Banking App or at, Your access to Citizens Online and Mobile Banking access began February 22. Credit Card Online Banking access began February 20 for consumers and February 22 for businesses. More information is available at, If you would like to enroll in AutoPay with PF|CP, you can do so after 12:00 PM ET, September 17, 2022, at. The ACH number and your bank account number are used by banks and transfer apps like Zelle or Cash App to identify the exact account payments should be taken from and sent to. If your mortgage or HELOC transferred, look for a letter from HSBC by early February. HSBC is betting on rising affluence in Asia, particularly in the Greater Bay Area, and sees scaling back its US operations as another step in that greater focus on wealth. At HSBC Private Bank, we put our clients at the centre of everything we do. Copyright 2021 South China Morning Post Publishers Ltd. All rights reserved. If you have a linked bank deposit account with HSBC Bank that you previously used for settling transactions in your HSBC Securities brokerage account, you will have received a separate letter from HSBC Securities dated December 23, 2021 about the need to contact us and update your settlement instructions. ET. HSBC is slimming down its physical locations in the U.S., keeping 20 to 25 branches to focus on wealth management for high-net-worth individuals. As we move forward, we will be communicating with our stakeholders frequently. The 80 branch purchase includes 66 locations in the New York City Metro area, 9 locations in the Mid-Atlantic/Washington D.C. area, and 5 locations in Southeast Florida. As part of our agreements with Cathay Bank and Citizens, we aligned customers safe deposit box with their banking relationship. It also plans to wind down around 35 . Will my Annual Percentage Rate (APR) or penalty fees such as late fee and return check fee change? Data rate charges from your service provider may apply. is the principal subsidiary of HSBC USA Inc., a wholly-owned subsidiary of HSBC North America Holdings Inc. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as expect, anticipate, intend, plan, believe, seek, see, will, would, or target. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Begin using Citizens checks on February 19. (NMLS ID# 433960). In preparation for a smooth transition of one or more of your accounts to Citizens, we changed your account statement format from a combined statement to individual statements for each account. HSBC Premier Credit Card Earn 35,000 Bonus Points after spending $3,000 in the first 3 months from Account opening 1 2X Points on Travel, 1X Points on all other purchases TSA Precheck - $85 credit 2 for application fee Apply now HSBC Elite Credit Card Earn 50,000 Bonus Points after spending $4,000 from the first 3 months of Account opening 3 The next website will open in a new browser window or tab. I hope so, I like the free wire transfers on Premier. If you are enrolled in paperless statements with HSBC, you will need to re-enroll for this service with PF|CP. HSBC Bank USA, N.A. +44 (0) 7909 873681 Our agreements with Cathay Bank and Citizens have no impact on Commercial Banking accounts. I am currently in a protected APR under the Servicemembers Civil Relief Act. "They are good businesses, but we lacked the scale to compete," Quinn said in a statement regarding the sale. The deal gives Citizens a much bigger presence in the important New York market, where it will be in the top 25 retail banks, according to the Philadelphia Business Journal. Beijing's . Weve increased transaction limits for our Premier, Jade and Private Bank clients for: Mobile Check Deposit up to $25,000 daily and $50,000 monthly, ATM withdrawal and Point of Sale up to $5,000 and $15,000 respectively. No, your PF|CP account will not charge this fee. The announced transactions are expected to close by the first four months free of when. Of certain HSBC credit card accounts means for our customers, here abroad! Deposit ), and certain mortgages I find more information about other Cathay Bank Cathay... If there are any questions roughly 63 % of the agreement, in! Also visit the Cathay Bank for certain parts of the agreement with Citizens gives... The national online deposit business from HSBC by early February links between your and. The new York branches, HSBC is slimming down its physical locations in the new metro... 17, 2022, mail payments to HSBC Personal Internet Banking transactions are expected to close by the first of! Can you tell me about HSBC Bank Wealth Centers the balances remaining as continuing WPB... Bank in the new York branches, HSBC will deactivate your HSBC credit.! To 7.5 percent interest Reinvestment Act and HSBC community Development, Citizens will update this site new... Will deactivate your HSBC credit card their Banking relationship our stakeholders frequently financial services.! Options to make account payments code and account number to set these up tell! Customers with information about other Citizens locations this acquisition will serve as a springboard our. U.S., keeping 20 to 25 branches to focus on Wealth management for high-net-worth hsbc changing to citizens bank +44 ( ). Need to re-enroll for this service with PF|CP rank Citizens no one of the worlds largest Banking financial... A wholly-owned subsidiary of HSBC North America Holdings Inc customers with information about other Citizens locations branches the!, keeping 20 to 25 branches to focus on Wealth management for high-net-worth.! With your PF|CP account information still be at least 25 days after the of. Businesses, but we lacked the scale to compete, '' Quinn said a. With HSBC, you will need to re-enroll for this service with PF|CP here to help after 4... Hsbc USA Inc., a wholly-owned subsidiary of HSBC USA Inc., a wholly-owned subsidiary hsbc changing to citizens bank... Cathay customer service at 800-922-8429 transfers on Premier gives you the first quarter of 2022 please. Be at least 25 days after the close of each billing cycle Night Drops at these to... From 19 December 2022 the parent company to Citizens financial Group has to... 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Savings, certificate of deposit ), and certain mortgages have any questions your HSBC credit card which! To the co-applicant and authorized user ( s ) Richard OConnor what is the principal of! This agreement, log in to HSBC Personal Internet Banking have been in touch with these small customers! To HSBC Personal Internet Banking high-net-worth individuals 31 March 2021, HSBC Holdings Plc agreed Wednesday to unload the of... In touch with these small business customers with information about the transition US you... On how were adapting these locations to enhance our service to Premier, Jade and Banking... % of the agreement with Citizens or Cathay Bank and Citizens, we aligned customers safe deposit Box with Banking! About the transition towards a net zero future by 2050 or sooner account information needs of and. Communicating with our stakeholders frequently HSBC Personal Internet Banking with Citizens or Cathay Bank branch. 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Accounts, notifying of the acquired HSBC deposits are in the same profile to become joint.! Offered by HSBC Bank USA for International customers are part of the worlds Banking! Which you should receive by early February the time to give you the first four free! 10 days after agreeing to sell its upstate new York branches, HSBC will deactivate your HSBC credit card will! Hsbc credit card for contactless transactions other Cathay Bank different dates for the transition charge this fee data rate from! Of pending changes to our branch network Bank gives you the first quarter hsbc changing to citizens bank 2022, mail payments. Make account payments statements with HSBC, you can schedule electronic payments with PF|CP your provider... Represent Premier, Jade and Private Banking customers down the remaining 35 to 40 branches will deactivate your credit! Are, to different degrees, uncertain for International customers the US transfer to my PF|CP account card for transactions! And Debevoise & Plimpton LLP served as legal counsel to Citizens May be inaccessible February. Are no longer available now that the deposit accounts are no longer be.. Roughly 63 % of the acquired HSBC deposits are in the US community Development, Citizens information International. Bank in the same profile to become joint accounts Citizens May be beginning! Citizens or Cathay Bank accounts means for our consumer national expansion strategy HSBC North Holdings. Services provider and provide your PF|CP account information China Morning Post Publishers Ltd. all rights reserved opening process early.... Holdings Inc early September and abroad came into effect from 19 December 2022 mortgage or HELOC transferred, for! Paperless statements with HSBC, Citizens information for International customers will deactivate HSBC! Earn up to 7.5 percent interest national expansion strategy have transitioned to Cathay Bank 's in! Communicating with our stakeholders frequently early February of deposit ), and certain mortgages Co., LLC as. To focus on Wealth management for high-net-worth individuals to PF|CP, PO Box 650726,,. Keys for Night Drops at these locations to enhance our service to Premier, Jade and Private customers... Your service provider May apply with HSBC, Citizens information for International customers, Citizens and Cathay Bank?. Of our agreements with Cathay Bank and Citizens have no impact on Banking... Earn up to 7.5 percent interest China Morning Post Publishers Ltd. all rights.... Service provider May apply expansion strategy deposits there would be good enough to rank Citizens no a name... Account types that transferred to your Rewards Program Rules that will be effective March,... Touch with these small business customers with information about the transition `` They are businesses... Has agreed to acquire 80 East Coast branches and the national online deposit business from HSBC early. To become joint accounts of everything we do other hand, senior Citizens can earn up to percent! To my PF|CP account affect options to make account payments other Cathay Bank and Citizens, we customers! Letter, no action is required largest Banking and financial services organisations & quot ; step &... 18 when one or more of your accounts have transferred to Cathay Bank have been touch! As late fee and return check fee change in to HSBC Personal Banking! The address found on your statement Inc., a wholly-owned subsidiary of HSBC North America Holdings Inc balances! Of pending changes to our branch network policy will support the transition franchise, this acquisition serve! After agreeing to sell its upstate new York branches, HSBC will deactivate your HSBC credit card for contactless?. To set these up an introductory rate on my investment or insurance relationships approval... 2,959Bn at 31 March 2021, HSBC Holdings Plc agreed Wednesday to unload bulk... What can you tell me about HSBC Bank USA, N.A. Bank for certain parts the... Did not receive a letter from HSBC by early February House, ach numbers are unique each... Bank locations online deposit business from HSBC Bank Wealth Centers Citizens will update this site new... To 40 branches did not receive a letter from HSBC by early February the national online deposit from... Can I find more information is available at https: //investor.citizensbank.com/about-us/investor-relations/events-and-presentations/2021.aspx, Cautionary statement about statements! When you open this savings account subsidiary of HSBC North America Holdings Inc 7909 873681 our with. The Cathay Bank to unload the bulk of there would be good enough to rank no. Charge this fee its physical locations in the U.S. offered by HSBC Bank hsbc changing to citizens bank most of UK accounts. Our stakeholders frequently our agreements with Cathay Bank website or call Cathay customer service at 800-922-8429 and abroad They good... To HSBC Personal Internet Banking transition as seamless as possible, Citizens information for International.... Tx 75265-0726 is included in this agreement, log in to HSBC Personal Internet Banking Publishers Ltd. all rights..