Citizens considering new Rhode Island campus

PROVIDENCE – With its lease on its Cranston facility expiring in 2018, Citizens Financial Group Inc. is considering building a new campus somewhere in Rhode Island for approximately 4,000 employees.

The facility, if built, would encompass one or two buildings and be between 480,000 and 500,000 square feet. Employees who work at the Cranston facility, along with locations in Smithfield and Warwick, would be moved to the new site.

The company’s downtown Providence headquarters would remain.

In a statement released by Citizens’ spokesman Jim Hughes, the company said: “The lease for our service and support facility in Cranston expires in 2018. We are exploring several options ranging from renewal to potentially consolidating some of our staff and back-office functions at a new location in Rhode Island.”

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Hughes said a data-operations center in East Providence would remain in its current location; branches also would not be affected. •

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