Citizens Bank invites nonprofits to apply for financial literacy funding

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Citizens Bank invites nonprofits to apply for financial literacy funding

Wed, 12/06/2017 - 3:34pm -- tim

Vermont Business Magazine As part of an ongoing commitment to give people the confidence and tools they need to budget, save, invest and be fiscally healthy, Citizens Bank is now accepting applications from Vermont nonprofits for crucial financial literacy services that help consumers better manage their money. From December 11- 29, 2017, organizations throughout the bank’s 11-state retail banking footprint are invited to submit an application for funding as part of the bank’s Citizens Helping Citizens Manage Money financial literacy initiative. Eligible financial literacy activities include:

  • Basics of banking and asset building
  • Budgeting
  • Homeownership counseling
  • Foreclosure prevention
  • Credit management and repair programs
  • Financial management for small businesses

In 2017, Citizens awarded 80 nonprofit organizations more than $1.4 million in contributions through Citizens Helping Citizens Manage Money. The program also leveraged the financial expertise of Citizens’ bankers, included volunteer outreach by Citizens colleagues and a public service social media campaign that shared financial tips on Facebook, Instagram and Twitter.

To be considered for funding, eligible nonprofits in the communities served by Citizens Bank should submit an online application by Dec. 29, 2017. Recipients will be announced in April 2018. For more information on nonprofit programs and services that may qualify for funding, or how to submit an application, please click here.

Source: PROVIDENCE, RI – Citizens