NEW YORK, April 24, 2015 /PRNewswire/ -- Citi will
once again help thousands of young students across the country
receive basic financial education as the bank supports American
Bankers Association's (ABA) annual Teach Children to Save
campaign for the 15th consecutive year. The national
program, designed to encourage local youth to develop positive
financial habits early in life, marks April
24th as Teach Children to Save Day to
raise awareness of the importance of teaching children about
saving. Beginning in March and continuing for months after Teach
Children to Save Day, hundreds of Citi volunteers will teach
thousands of children in grades K-12 in classrooms and after-school
programs in financial education events in major cities across the
country.
"Promoting financial capability is important at Citi, and our
work to propel the Teach Children to Save campaign continues
to be a highly impactful way for us to do it," said Citi's CEO of
North America William Mills. "Since 2001, Citi volunteers have
spent time teaching more than 100,000 children across the country
the basics of money and saving, and we are excited to be reaching
thousands of new students again this year."
"Citi is proud to be a part of the Teach Children to Save
campaign for the 15th consecutive year," said
Will Howle, Head of U.S. Retail
Banking at Citi. "Supporting the communities we serve is vitally
important to us, and we are thrilled to lead this effort to reach
as many young people as we can and help them build a sound
understanding of the value and importance of saving."
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.
"Financial education is one of the most important foundations a
child can have," said Frank Keating,
ABA president and CEO. "Citi's longstanding volunteer work through
the Teach Children to Save program demonstrates their
extraordinary role in shaping this groundwork for students in their
communities."
"Research has found that children who use a college savings
account are more than four and a half times as likely to graduate
from college as those with no savings account. Citi works with
municipal governments and nonprofit organizations to develop and
expand programs – such as Kindergarten to College in San Francisco, the Youth Policy Institute's
Families Save program in Los
Angeles and Food Bank For New York City's Financial
Empowerment in Schools initiative – that empower young people with
the critical knowledge, skills and resources they need to begin
building financial assets and saving for the future," said
Bob Annibale, Global Director, Citi
Community Development.
Join the conversation or follow along using #TCTS2015 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
Media Contacts:
Citi: Andrew
Brent – (212) 793-0710 and andrew.brent@citi.com
ABA: Meghan French – (202) 663-5468
and mfrench@aba.com
© 2015 Citigroup Inc. Citibank, N.A., Member FDIC. Citi
and Citibank and Arc Design are registered service marks of
Citigroup Inc.
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SOURCE Citigroup Inc.