# Charter One

Charter One is a Bank / Wealth / Trust based in Cleveland, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Cleveland, United States
- **Region:** North America
- **Address:** Cleveland, OH, United States
- **Founded:** 2015
- **Assets under management:** Undisclosed
- **Website:** charteronebank.com
- **LinkedIn:** https://www.linkedin.com/company/charterone

## Regulatory record

- **Reports private funds:** No

## About

Charter One is a bank headquartered in Cleveland, US. It oversees approximately $160 billion in assets across one fund. Its regional focus is North America.

## Questions

### Does Charter One still operate as an independent entity?

No. Charter One was acquired by Citizens Financial Group in 2004 and no longer exists as an independent legal entity. Its branches, customer accounts, and loan portfolios were integrated into Citizens. The Charter One brand was eventually retired in favor of the Citizens name.

### What was Charter One's core business model before acquisition?

Charter One operated as a traditional regional retail and commercial bank. It gathered deposits through a branch network concentrated in Ohio and neighboring states, then deployed that capital into residential mortgages, small-business loans, and commercial real estate. It did not function as a family office or a multi-asset-class investment platform.

### Who currently manages Charter One's former assets?

All assets, liabilities, and client relationships formerly held by Charter One are now managed by Citizens Financial Group, a Providence, Rhode Island-based publicly traded bank holding company. Citizens oversees the combined entity's balance sheet, which now exceeds $200 billion in total assets (per Citizens Financial Group annual report, 2023).

### What was Charter One's geographic footprint?

Charter One's branch footprint centered on Ohio, with additional locations in Michigan, New York, and Illinois. These locations were integrated into Citizens' existing network following the 2004 acquisition, and the Charter One brand has since been phased out.

## Related profiles

- [Charter Oak Advisors](https://altss.com/profile/charter-oak-advisors)
- [Charter Research & Investment Group](https://altss.com/profile/charter-research-investment-group)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/charter-one

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