Citibank

/ˈsɪtiˌbæŋk/ noun

Definition

A major American multinational investment bank and financial services corporation.

Etymology

Originally 'City Bank of New York' founded in 1812, later becoming 'National City Bank.' The name reflects its urban commercial focus, with 'Citibank' adopted in 1976 as part of Citicorp branding.

Kelly Says

Citibank was the first U.S. bank to reach $1 billion in assets in 1929 and pioneered many modern banking innovations including the first ATM installation in the U.S. in 1977. Its logo's red arc symbolizes the umbrella of services protecting customers.

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