PHILADELPHIA — The Citizens Bank has been named a Top 200 bank in the United States by U.S. Banker magazine for the third consecutive year. The rating is based on the past three years’ average return on equity, an industry standard which measures an institutions ability to create profitability based on its net worth and includes all community banks and thrift institutions in the nation with assets less than $2 billion.
The announcement was made in the May 2012 edition of U.S. Banker.
The Citizens Bank was one of two Mississippi-based banks making the Top 200 list, coming in at number 114.
Merchants & Marines Bancorp, Pascagoula, was listed as number 181.