Citibank is the consumer banking division of financial services giant Citigroup. Citibank was founded in 1812 as the City Bank of New York, later First National City Bank of New York. As of June 2009, Citigroup is the fourth largest bank holding company in the United States by domestic deposits, after Bank of America, Wells Fargo, and JP Morgan Chase.

Citibank has retail banking operations in more than 100 countries and territories around the world. More than half of its 1,400 offices are in the United States.

In addition to the standard banking transactions, Citibank offers:
• Insurance
• Credit card
• Investment products.

Their online services division is among the most successful in the field, claiming about 15 million users.

History:

Citibank was one of the first U.S. banks to introduce automatic teller machines in the 1970s, in order to give 24-hour access to accounts. Customers could use their existing Citicard in this machine to withdraw cash and make deposits, and were already accustomed to using a machine with a card to get information that previously required a teller.

Website: www.citibank.com