Citizens Financial : Bank invites nonprofits to apply for Financial Literacy Funding

01/05/2016

Organizations throughout the bank's footprint eligible for up to $50,000 in funding

PROVIDENCE, RI - As part of an ongoing commitment to give people the confidence and tools they need to budget, save, invest and be fiscally healthy, Citizens Bank is now accepting applications from nonprofits for crucial financial literacy services that help consumers manage their money better.

From January 4 through January 29, 2016, organizations throughout the bank's 11-state footprint are invited to submit an application for up to $50,000 in funding as part of the bank's Citizens Helping Citizens Manage Money financial literacy initiative. Eligible financial literacy activities include:

• Basics of banking and asset building
• Budgeting
• Homeownership counseling
• Foreclosure prevention
• Credit management and repair programs
• Financial management for small businesses

In 2015, Citizens awarded 72 nonprofit organizations more than $1 million in contributions through Citizens Helping Citizens Manage Money. The program also leveraged the financial expertise of Citizens' bankers, included volunteer outreach by Citizens colleagues and a social media public service campaign, that shared financial tips on Facebook and Twitter.

To be considered for funding, eligible nonprofits in the communities served by Citizens Bank should submit an online application by January 29, 2016. Recipients will be announced in March 2016. For more information on nonprofit programs and services that may qualify for funding, or how to submit an application, please click here..

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. is one of the nation's oldest and largest financial institutions, with $135.4 billion in assets as of September 30, 2015. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle‐market companies, large corporations and institutions. In Consumer Banking, Citizens helps its retail customers 'bank better' with mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,200 ATMs and approximately 1,200 Citizens Bank branches in 11 states in the New England, Mid‐Atlantic and Midwest regions. Citizens also provides mortgage lending, auto lending, student lending and commercial banking services in select markets nationwide. In Commercial Banking, Citizens offers corporate, institutional and not‐for‐profit clients a full range of wholesale banking products and services including lending and deposits, capital markets, treasury services, foreign exchange and interest hedging, leasing and asset finance, specialty finance and trade finance. Citizens operates through its subsidiaries Citizens Bank, N.A., and Citizens Bank of Pennsylvania. Additional information about Citizens and its full line of products and services can be found at www.citizensbank.com.

# # #