PROVIDENCE, R.I.--(BUSINESS WIRE)--Apr 9, 2019--Citizens Bank today marked the start of National Financial Literacy Month with the launch of its multi-faceted financial education program, Citizens Helping Citizens Manage Money. The program will reach 338,000 people through local partnerships to deliver home buyer’s assistance training, financial empowerment, earned income tax credit programs and small business development.
The Citizens Helping Citizens Manage Money program is a yearly effort by the bank to teach financial literacy throughout the communities it serves. This year, the bank will provide more than $1.5 million in contributions to 84 nonprofits in Massachusetts, Rhode Island, New Hampshire, Vermont, Connecticut, Ohio, Michigan, Pennsylvania, and New York. The program will help people obtain a better understanding of financial topics ranging from the basics of checking accounts to the intricacies of household budgeting and long-term financial planning.
Citizens Bank is also partnering with national nonprofit Junior Achievement on the Teens & Personal Finance Survey, a questionnaire of 1,000 13- to 18-year-olds focused on teens’ financial goals and concerns. The results of the survey, which were released on April 3, indicate a strong need to teach young people the basics of financial literacy from an early age to help them develop good financial habits for a lifetime.
Citizens Bank offers helpful tips on its website for consumers to learn how to budget and save as well as advice on how to save to buy a home, seek identity protection and more. The bank invites those interested in learning more about money management to follow along on social media, including Facebook, Twitter and Instagram, throughout the month of April to learn and share tips about topics such as goal-setting, saving, and managing credit. The bank’s Community Ambassadors will offer their real-world tips on saving and money management.
Citizens Helping Citizens Manage Money is part of the bank’s broader Citizens Helping Citizens program, which addresses three key areas: hunger, financial education and strengthening communities.
For additional information on Citizens Helping Citizens Manage Money, visit Citizens’ website.