Citi Supports Teach Children to Save Campaign to Prepare Kids for Positive Financial Futures
April 29 2016 - 4:50PM
Business Wire
More than 10,000 Citi Volunteers Have Reached
More than 100,000 Students
For a 16th consecutive year, Citi is providing young students
across the country with basic financial education sessions as the
bank supports American Bankers Association’s (ABA) annual Teach
Children to Save campaign.
The national program, designed to encourage young people to
develop positive financial habits early in life, marks April 29th
as Teach Children to Save Day to raise awareness of the importance
of teaching children about saving. Beginning in March and
continuing through June, hundreds of Citi volunteers will teach
thousands of children in grades K-12 in classrooms and after-school
programs and at financial education events in major cities across
the country.
“Teach Children to Save is the banking industry's largest
volunteer effort to encourage youth savings,” said Citi’s CEO of
North America William Mills. “By visiting classrooms, youth
centers, after-school programs and more, Citi employees use their
real-world knowledge and professional skills to encourage kids to
start young, and save more.”
“At Citi, we are committed to enabling progress in the
communities we serve,” said Will Howle, Head of U.S. Retail Banking
at Citi. “We are thrilled to continue to provide our nation’s young
people with vital knowledge that helps them build positive
financial habits.”
“The need for financial education for children is critical,”
said Bob Annibale, Global Director of Citi Community Development
and Inclusive Finance. “At Citi, we have a special opportunity to
reach out to young people and leverage our expertise as financial
professionals to prepare savers with the tools and knowledge to
build strong financial futures and more resilient families.”
To expand the benefits of Teach Children to Save, Citi is
collaborating with First Book, a nonprofit that distributes books
and educational resources to programs and schools across the United
States. Through the partnership, Citi and First Book will enhance
bankers’ Teach Children to Save lessons at schools by supplementing
presentations with financial education-themed books.
“Having access to books is one of the most significant
indicators of a child’s academic success,” said Kyle Zimmer,
president and CEO of First Book. “And by ensuring kids have books
and other educational resources in their schools, programs and at
home, we give them opportunities to continue reading and learning,
which leads to improved outcomes later in life. We’re proud to
partner with Citi to reach students in many communities across the
country.”
“By introducing children to financial concepts at an early age,
we better equip them to make smart financial decisions in the
future,” said Corey Carlisle, ABA Foundation executive director.
“Through Teach Children to Save and the volunteer efforts of Citi
and bankers across the country, we can shape the financial
foundation for millions of children.”
Citi began supporting American Bankers Association’s annual
Teach Children to Save campaign in 2001. Since then, more than
10,000 Citi volunteers have taught over 100,000 children from
low-to-moderate income families in cities across the United
States.
Join the conversation or follow along using #TCTS2016 on
Facebook, Twitter and Instagram.
About Citi
Citi, the leading global bank, has approximately 200 million
customer accounts and does business in more than 160 countries and
jurisdictions. Citi provides consumers, corporations, governments
and institutions with a broad range of financial products and
services, including consumer banking and credit, corporate and
investment banking, securities brokerage, transaction services, and
wealth management.
Additional information may be found at www.citigroup.com |
Twitter: @Citi | YouTube: www.youtube.com/citi | Blog:
http://blog.citigroup.com | Facebook: www.facebook.com/citi |
LinkedIn: www.linkedin.com/company/citi
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version on businesswire.com: http://www.businesswire.com/news/home/20160429006094/en/
CitiPatricia Tuma, 212-793-7682patricia.tuma@citi.com
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