Citizens Bank invites nonprofits to apply for fin lit funding

As part of its ongoing commitment to give people the confidence and tools they need to budget, save, invest, be fiscally healthy and ultimately inspire them to pursue new and greater goals, Citizens Bank is now accepting applications from nonprofits for critical financial literacy services that help people better manage their money.

Through the end of the month, 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 2018, Citizens awarded 81 nonprofit organizations more than $1.5 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 campaign that shared financial tips about topics such as goal-setting, saving, and managing credit.

To be considered for funding, eligible nonprofits in the communities served by Citizens Bank should submit an online application by Dec. 31, 2018. Recipients will be announced during Financial Literacy Month in April 2019. For more information on nonprofit programs and services that may qualify for funding, or how to submit an application, please click here.