The $225 billion-asset Citizens Financial Group has partnered with the fintech Pinwheel to streamline the process for new account holders to switch the direct deposit of their paychecks from their old ...

In an exclusive interview with Finextra, Chris Powell, head of deposits and customer engagement at Citizens, reveals how open finance has powered simpler switching and streamlined mobile payments.

That said, Citizens Bank does offer several savings account options with features like early direct deposit and branch banking.

Direct deposit funds are insured through FDIC-insured Citizens Bank, and all customer deposits under the bank and Roger would be combined for a total insurance amount of $250,000.