CITI Financial
CITI Financial
1403 W Ferdon Street, # 6,
Litchfield, IL 62056
Phone:(217) 324-4139
Fax:(217) 324-4198
CitiFinancial History
Since 1912, CitiFinancial has been helping people realize their financial goals and dreams. With more than 2,000 branches in North America, we are part of the communities in which we serve. Our branches are staffed with friendly, knowledgeable people who live and work right in your neighborhood. They understand your needs and are available to meet with you directly and discuss our loan options. Read on for more details about our company's history.
A Pioneering Beginning
Founded by Alexander Duncan as Commercial Credit in 1912, our company was a pioneer in the consumer finance industry. In 1916, we offered an installment loan program to help people purchase what was then an exciting new invention - the automobile. That led to the development of installment buying plans for home appliances and other consumer goods.
Growing with America
In the next decades, we acquired a major credit insurer and a casualty insurance company. In 1944, we organized an insurance unit that later became American Health & Life Insurance Company. In 1968, Commercial Credit became a wholly owned subsidiary of Control Data Corporation.
Copyright © 2009 Citigroup Inc.
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