Citizens Commercial Banking provided a $20 million revolving credit facility to Riesbeck’s Food Markets. Citizens is the sole lender.

Founded in 1925, Riesbeck’s Food Markets owns and operates 14 grocery stores in Ohio and West Virginia.

A longtime Citizens client, Riesbeck’s will use the funds for working capital and letters of credit.

“We have enjoyed a long partnership with the team at Citizens,” said Richard Riesbeck, CEO of Riesbeck’s Food Markets. “They bring great ideas to the table and execute transactions quickly and seamlessly.”

“Riesbeck’s is a great client for Citizens and we’re very happy to help them achieve their strategic and financial goals,” said Chris Carmosino, president of Business Capital at Citizens Bank. “Providing working capital and letters of credit are just some of the ways that Citizens delivers value for clients at every stage of their business life cycle.”