As part of an ongoing commitment to programs that 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 financial literacy programs that teach good financial practices.
Through Jan. 30, 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 program. Eligible financial literacy activities include:
- Basics of banking and asset building
- Homeownership counseling
- Foreclosure prevention
- Credit management and repair programs
- Financial management for small businesses
In 2014, Citizens awarded 108 nonprofit organizations more than $1.7 million in contributions through the Citizens Helping Citizens Manage Money financial literacy initiative. In addition to providing funding, Citizens Financial Group colleagues facilitated financial literacy workshops and the program included a social media initiative to celebrate “Money Mentors,” and an online financial literacy resource center dedicated to encouraging healthy financial habits.
To receive consideration for funding, eligible nonprofits in the communities served by Citizens Bank and Charter One should submit an online application by Jan. 30. Recipients will be announced in March 2015. For more information on nonprofit programs and services that may qualify for funding, or how to submit an application, please visit www.cybergrants.com/citizens/chcmanagemoney.
Citizens Financial Group Inc. is one of the nation’s oldest and largest financial institutions, with $131.3 billion in assets as of Sept. 30, 2014.