Institution profile · Foreign bank subsidiary (Schedule II)
Citibank Canada
ActiveCitibank CanadaCDIC
Citibank Canada is Citigroup’s Schedule II subsidiary. Citi closed its Canadian retail bank in 2010 and now focuses on commercial, private banking and cards businesses.
Profile facts checked October 30, 2026
At a glance
- Legal name
- Citibank Canada
- Type
- Foreign bank subsidiary (Schedule II)
- Owner / parent
- Citigroup
- Head office
- Toronto, ON
- Founded
- 1919 — Citi traces its Canadian roots to 1919.
- Regulator
- Office of the Superintendent of Financial Institutions (OSFI) for safety and soundness; Financial Consumer Agency of Canada (FCAC) for consumer protection
- Website
- www.citigroup.com/global/about-us/global-presence/canada
Deposit protection
Citibank Canada is a CDIC member. Citibank, N.A.’s Canadian branch (Schedule III) is not.
Names CDIC lists for this member: Citi, Citi Canada, Citi Private Bank, Citi Wealth, CPB.
Citibank Canada doesn’t list personal chequing or savings accounts in FCAC’s Account Comparison Tool (retrieved November 1, 2026), so we can’t price its accounts here. Check its own fee disclosures.
On the official lists
| Legal entity | OSFI list | CDIC member |
|---|---|---|
| Citibank Canada | OSFI — Schedule II foreign bank subsidiary | Yes |
Facts, with sources
- Head office at 123 Front Street West, Toronto.Source: citigroup.com
- Citi’s Canada timeline lists the sale of consumer branches to Canada Trust in 1999 and the closure of its Canadian retail bank in 2010.Source: citigroup.com
Fees for this institution aren’t in FCAC’s tool. Ask for its fee schedule and put the numbers into the account-fee calculator.
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