Citizens Bank
Citizens Bank offers comprehensive financial services including personal and business checking, savings, mortgages, loans, credit cards, digital banking, treasury services, and investment options across Tennessee with community-focused approach.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (97 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Citizens Bank ranks #28 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Citizens Bank’s 7(a) acquisition lending falls in the $0-$500K range: 46 loans, 47.4% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 46 | 47.4% | |
| $500K-$1M | 28 | 28.9% | |
| $1M-$2M | 15 | 15.5% | |
| $2M-$3M | 5 | 5.2% | |
| $3M-$4M | 1 | 1.0% | |
| $4M-$5M | 2 | 2.1% |
Industries with highest loan volume
Private Mail Centers
6
loans
$541K
avg. amount
General Automotive Repair
6
loans
$888K
avg. amount
Full-Service Restaurants
4
loans
$578K
avg. amount
Snack and Nonalcoholic Beverage Bars
4
loans
$738K
avg. amount
Other Personal and Household Goods Repair and Maintenance
4
loans
$429K
avg. amount
Gasoline Stations with Convenience Stores
4
loans
$1.4M
avg. amount
Freestanding Ambulatory Surgical and Emergency Centers
4
loans
$1.2M
avg. amount
Clothing and Clothing Accessories Retailers
3
loans
$381K
avg. amount
RV (Recreational Vehicle) Parks and Campgrounds
3
loans
$1.2M
avg. amount
Beer, Wine, and Liquor Retailers
3
loans
$699K
avg. amount
10-Year
2.1%
Percentile Ranking
89th
89th percentile
Citizens Bank’s median variable rate is + 2.75%, against a market median of Prime + 1.88%, 88 above market.
It priced below the market median in 0 of the last 8 quarters.
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.68% |
| $500K-$1M | Prime + 2.43% |
| $1M-$2M | Prime + 2.10% |
| $2M-$3M | Prime + 2.15% |
| $3M-$4M | Prime + 2.50% |
| $4M-$5M | Prime + 1.88% |
| Quarter | This lender | Market median | Market range | Loans |
|---|---|---|---|---|
| Q2 '24 | Prime + 2.00% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 5 |
| Q3 '24 | Prime + 2.00% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 3 |
| Q4 '24 | Prime + 2.50% | Prime + 2.25% | Prime + 1.50% – Prime + 2.75% | 4 |
| Q1 '25 | Prime + 2.75% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 3 |
| Q2 '25 | Prime + 2.50% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 5 |
| Q3 '25 | Prime + 2.25% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 7 |
| Q1 '26 | Prime + 2.75% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 6 |
| Q2 '26 | Prime + 2.63% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 4 |
Citizens Bank has originated 7(a) acquisition loans in 32 states, most actively in California (14), Florida (11) and North Carolina (9). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| California | 14 | 14.4% |
| Florida | 11 | 11.3% |
| North Carolina | 9 | 9.3% |
| South Carolina | 6 | 6.2% |
| Colorado | 6 | 6.2% |
| Texas | 5 | 5.2% |
| Utah | 4 | 4.1% |
| Illinois | 3 | 3.1% |
| Alabama | 3 | 3.1% |
| Pennsylvania | 3 | 3.1% |
| Louisiana | 3 | 3.1% |
| Maryland | 3 | 3.1% |
| Virginia | 2 | 2.1% |
| Georgia | 2 | 2.1% |
| Tennessee | 2 | 2.1% |
| Washington | 2 | 2.1% |
| Ohio | 2 | 2.1% |
| Wisconsin | 2 | 2.1% |
| Michigan | 2 | 2.1% |
| Massachusetts | 1 | 1.0% |
| Nevada | 1 | 1.0% |
| Arizona | 1 | 1.0% |
| Oklahoma | 1 | 1.0% |
| Missouri | 1 | 1.0% |
| Kentucky | 1 | 1.0% |
| New York | 1 | 1.0% |
| Iowa | 1 | 1.0% |
| Minnesota | 1 | 1.0% |
| Kansas | 1 | 1.0% |
| New Jersey | 1 | 1.0% |
| Indiana | 1 | 1.0% |
| Idaho | 1 | 1.0% |
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