The timeline below represents the history of this business until it became a part of the Citigroup family.
On June 16, 1812, with $2 million of capital, City Bank of New York (now Citibank) opened for business in New York City. Through many different leaders and economic environments over the course of its rich history, Citibank continues to grow and prosper.
In 1968, First National City Corporation (later renamed Citicorp), a bank holding company, became the parent of Citibank.
In 1998, all Citicorp divisions merged with all divisions of Travelers Group to form Citigroup Inc. Citibank continues as a strong brand under the Citigroup umbrella.
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