04/19/2016
Citizens Bank Announces $110,000 in Contributions to seven Ohio Organizations Through the Citizens Helping Citizens Manage Money Initiative
As part of an ongoing commitment to give consumers the confidence and tools they need to be fiscally healthy, Citizens Bank announced today that seven nonprofit organizations in Ohio will receive $110,000 in contributions as part of the Citizens Helping Citizens Manage Money financial literacy initiative.
Leveraging the financial expertise of its bankers and its partnerships with local nonprofits focused on financial education, the Citizens Helping Citizens Manage Money program this year includes $1.3 million in donations to 77 nonprofits and volunteer outreach by more than 400 trained Citizens colleagues. Citizens will also be sharing financial tips on Facebook and Twitter for the duration of National Financial Literacy Month, as well as ongoing financial advice from Citizens’ colleagues on YouTube. By the end of 2016, Citizens Helping Citizens Manage Money is expected to improve the financial acumen of more than 220,000 Americans.
Nonprofit organizations from across the bank’s 11-state footprint were chosen in a competitive application process based on their track record of success providing financial education programs, clear and measurable goals for the program and a demonstration to incorporate sustainability in their program plans.
Ohio funding recipients include:
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JumpStart Inc. - $50,000 to offer financial education and coaching to small business owners in Northeast Ohio on financial practices essential to growing a successful business.
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University Circle Inc. - $20,000 to strengthen small business owners’ financial management skills.
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Economic and Community Development Institute - $15,000 for assisting entrepreneurs in Cleveland and Akron with the basics of financial management.
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Enterprise Community Partners, Inc. - $10,000 for free tax preparation and financial counseling for low-income families.
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Empowering and Strengthening Ohio’s People - $5,000 for financial counseling for low and moderate income senior citizens in Northeast Ohio.
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Junior Achievement of North Central Ohio, Inc. - $5,000 to support financial literacy programming for Akron area students.
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Junior Achievement of Northwestern Ohio - $5,000 to support financial literacy programming for Toledo area students.
