April is National Financial Literacy month, and RBS Citizens Financial Group marked the occasion by announcing $2 million in 2013 grants to benefit nonprofit financial education programs in communities served by Citizens Bank, RBS Citizens and Charter One.
In Rhode Island, the Capital Good Fund, a nonprofit microfinance organization, received $25,000 to put toward its community-based Financial Coaching Corps program. The program provides financial education and is a partnership between the fund and the Office of Rhode Island General Treasurer.
“Through the Financial Coaching Corps, we are working with the state treasurer to strengthen Rhode Island’s economy one person at a time,” said Andy Posner, co-founder and director of the Capital Good Fund. “We are honored to have Citizens’ support of our program.”
Members of the coaching corps recently stopped by House of Hope in Warwick to kick things off by sharing personal finance information with the organization’s clients. After, clients could sign up for free, one-on-one financial coaching. •