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Money management grants announced

RBS Citizens Financial Group Inc. is marking the beginning of National Financial Literacy Month by announcing $2 million in grants for nonprofit financial education programs in communities served by Citizens Bank, RBS Citizens and Charter One.

In unveiling its new Citizens Helping Citizens Teach Money Management program, the bank will deliver $1 million in financial support to local nonprofits this month, with the remaining $1 million to follow through the year. Between this financial support and related colleague volunteer efforts, RBSCFG in 2013 will contribute to the financial education of more than 100,000 consumers and small businesses this year.

Citizens Helping Citizens Teach Money Management also will include efforts to support the financial education of customers and communities through financial tips and other information shared online, in branches and in social media.

During April, Citizens Bank colleagues will teach savings lessons in classrooms at 14 schools and afterschool centers in the state. In addition, Citizens Bank Foundation will award grants during April to the Junior Achievement organizations in Western New York, including Rochester, and Northeastern New York to support their efforts to teach children about money management and how business works.

More information about RBS Citizens Financial Group’s community initiatives is available online at www.citizensbank.com/community.