News Risk Management

Citizens Announces $2 Million in Financial Empowerment Contributions to Nonprofits Across Footprint

Citizens Announces $2 Million in Financial Empowerment Contributions to Nonprofits Across Footprint

150 Nonprofits Receive Support through Citizens Helping Citizens Manage Money Program

Citizens announced that 150 nonprofit organizations across the communities it serves will receive support through the bank’s Citizens Helping Citizens Manage Money program. Select nonprofits will receive a total of $2 million to support work in this critical area. The initiative helps strengthen communities by supporting programs, through direct funding as well as volunteerism, that give people the resources they need to be financially healthy and inspire them to pursue their goals.

“Citizens is committed to ensuring that all individuals have access to economic opportunity, and we know that understanding how to manage money is often a first step to unlocking that opportunity and reducing the wealth gap,” said Michelle Hecht, Head of Corporate Affairs, Citizens. “Through our support we provide members of our communities with the confidence and tools to build brighter futures.”

Latest Fintech News: TCW and Lakemore Partners Form a CLO Equity Investment Partnership

The announcement comes during Financial Literacy Month, a nationally recognized campaign that raises awareness of the need for more financial literacy education.

Citizens is committed to delivering financial empowerment through partnerships and colleague engagement.

Latest Fintech News: Cyberattacks, Social Media and Buy Now Pay Later: New Report Explores Solutions for Tech Risks in Financial System

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $226.7 billion in assets as of December 31, 2022. 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. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,400 ATMs and approximately 1,100 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities.

Latest Fintech News: Transcard Integrates with Mastercard Track Business Payment Service to Streamline the Exchange of B2B Payments Data

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Salary Finance Provides Employees of United Way of Greater Atlanta With Financial Wellbeing Tools and Access to Affordable Credit

Fintech News Desk

10X and Westpac Partner to Launch a Robust, Scalable and Flexible Transaction Banking Platform

Fintech News Desk

Military.Finance to Auction Off the World’s First-Ever Bitcoin AR-15

Fintech News Desk
1