PROVIDENCE – Citizens Bank is providing $1.5 million to 80 nonprofits across its geographical footprint to support financial literacy.
April marks the national financial literacy month and the Providence-based bank is launching a financial-education program it calls “Citizens Helping Citizens Manage Money.”
The program, the bank estimates, will reach more than 350,000 people through local partnerships that will focus on financial topics related to homebuying, tax-credit programs and small-business development.
“At Citizens, we believe that becoming financially savvy is a skill that benefits everyone,” said Barbara Cottam, head of corporate affairs for Citizens Bank. “Learning the basics is the first step in achieving your financial goals and getting on the path to financial security.”
Citizens, a subsidiary of Citizens Financial Group Inc., is providing the $1.5 million to nonprofits in Rhode Island, Massachusetts, New Hampshire, Vermont, Ohio, Michigan, Pennsylvania, Connecticut and New York.
The bank, with $152.3 billion in assets, expects more than 400 employees to participate in the effort.
Eli Sherman is a PBN staff writer. Email him at Sherman@PBN.com, or follow him on Twitter @Eli_Sherman.
