Citigroup, Inc. · NYSE:C

Citigroup — Corporate Update (March 2013)

12 slides from Citigroup's corporate update, March 2013

  1. Slide 1: United States Postal Service Update

    Citi Transaction Services | Receivables March 2013 United States Postal Service Update

  2. Slide 2: USPS Network Implications

    USPS Network Implications Loss of 1-day Interim Delivery Stds (1-day intra-plant) Full 8a – 4a plan 2

  3. Slide 3: USPS Network Implications

    USPS Network Implications  USPS network changes will have its greatest impact on: – Processing effect upon closure of 250 of the 450+ Postal processing facilities – Scheduling USPS plans to be 363 / 20 where the USPS will be closed from 4:00am to 8:00am. Decision confirmation is targeted for 2014 –

  4. Slide 4: Impact of 5-day Delivery on Remittance

    Impact of 5-day Delivery on Remittance  Transportation continues to run 7 days; caller delivery continues to operate 7 days.  No delivery to physical addresses on Saturday (residential or business). Delivery to PO Box units.  No mail origination operations at any plant on Saturday.  B2B – relati

  5. Slide 5: Examples of Mail Movement Impact from 5-day Delivery (C2B)

    Examples of Mail Movement Impact from 5-day Delivery (C2B) Mail Method Action Monday Tuesday Wednesday Thursday Residential  Consumer mails on Saturday Mailed on Saturday; pickup while from residence arrives at Citibank Saturday delivery exists Dallas lockbox on  From Houston to Citibank Sunday or

  6. Slide 6: USPS Mail Movement Changes

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  7. Slide 7: USPS Mail Movement Changes

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  8. Slide 8: Potential Impact of Network Realignment

    Potential Impact of Network Realignment  By Spring of 2013, 150 of the 229 targeted Postal facilities are expected to be closed  By Spring of 2014, all targeted Postal facilities are scheduled to be closed  Many of the changes in mail efficiencies can already be observed  Most of the Postal sche

  9. Slide 9: Which Citi Receivables Sites May Be Affected by USPS Network Realignment?

    Which Citi Receivables Sites May Be Affected by USPS Network Realignment? Based on the most current information from USPS the facilities they have identified for potential plant • USPS consolidation are:  NY Site – Newark USPS – No Change Chicago Site  Delaware Site – Philadelphia USPS – No Change

  10. Slide 10: Examples of Mail Movement Impact by Spring 2014

    Examples of Mail Movement Impact by Spring 2014 Mail Method Action Monday Tuesday Wednesday Thursday Non pre-sort Mail  Biller mails white mail to street address Mailed on Monday;  From LA to Philly address arrive at street address by Thursday Pre-sort Mail  Biller mails to white mail to street a

  11. Slide 11: Questions

    Examples of Mail Movement Impact QUESTIONS 11

  12. Slide 12: efficiency, renewable energy & mitigation

    IRS Circular 230 Disclosure: Citigroup Inc. and its affiliates do not provide tax or legal advice. Any discussion of tax matters in these materials (i) is not intended or written to be used, and cannot be used or relied upon, by you for the purpose of avoiding any tax penalties and (ii) may have bee

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