10/08/2015
Bruce Figueroa Named Head of Citizens Bank’s NonProfit Banking Division
Regional team leaders for group serving nonprofit organizations also named
BOSTON – Citizens Bank announced today that Bruce Figueroa has been named Head of NonProfit Banking, a division mainly serving the education, hospital and human services sectors.
A veteran banker with nearly 30 years of experience, Figueroa joined Citizens in 1994 to help build the company’s NonProfit banking team in Massachusetts. The NonProfit Banking division now includes about 50 colleagues working across Citizens’ 11-state retail footprint.
“Bruce is an experienced professional who has delivered terrific service and value-added ideas to our customers,” said Jerry Sargent, Head of Middle Market Banking at Citizens. “He is a key leader on the Citizens Bank team and we are happy to have him now play an expanded role as we continue to grow our NonProfit business group across our footprint.”
Citizens’ NonProfit Banking group is widely recognized in the market as one of the leading nonprofit lenders of credit enhancement for public-issue bonds and direct purchase of tax-exempt private placement bonds.
Active in the local community, Figueroa currently serves as a board member for the Children’s Investment Fund and the Walnut Hill School for the Arts and as a finance committee member for the Dimock Center.
“I look forward to drawing on my experience to lead the team here as we continue to expand our NonProfit business,” said Figueroa. “It’s an exciting time for the bank. The Citizens team has been very effective at bringing great ideas to clients and helping them to achieve their strategic and financial goals.”
Citizens today also announced an expanded role for Irene Hannon, NonProfit Banking team leader for Pennsylvania. In addition to Pennsylvania, she also is now responsible for leading the teams serving nonprofit oganizations in Ohio, Michigan and Illinois. Erik Jones will become the Team Leader for NonProfit Banking in Northern New England and Patrick Donnelly will become the Team Leader for NonProfit Banking in New York, Connecticut and Rhode Island. Each will report directly to Figueroa.
Please visit the website for more information and Citizens Bank NonProfit Banking solutions.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $137.3 billion in assets as of June 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.
