Citizens Bank invites nonprofits to apply for Financial Literacy Funding

PROVIDENCE, RI – 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 nonprofits for crucial financial literacy services that help consumers manage their money better.

From January 4 through January 29, 2016, 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 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 2015, Citizens awarded 72 nonprofit organizations more than $1 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 social media public service campaign, that shared financial tips on Facebook and Twitter.

To be considered for funding, eligible nonprofits in the communities served by Citizens Bank should submit an online application by January 29, 2016. Recipients will be announced in March 2016. For more information on nonprofit programs and services that may qualify for funding, or how to submit an application, please click here.