Friday, May 8, 2009

Citizens Bank Foundation Donates More Than $170,000 to Financial Literacy Programs

Programs offer financial tips to individuals on how to manage their money and budget for the future

BOSTON, May 8 /PRNewswire/ -- In recognition of April's Financial Literacy month, the Citizens Bank Foundation announced it has provided more than $170,000 in grants to local organizations supporting financial literacy programs during the first quarter of 2009.

Nonprofit recipients and programs include:

  • Greater Boston Interfaith Organization - Moving from Debt to Assets
  • BayPath Elder Services - Money Management for Seniors
  • Junior Achievement of Central Massachusetts - Financial Literacy for the Future
  • Allston Brighton Community Development Corporation - Homebuyer Classes
  • Girls Incorporated of Worcester - Economic Literacy
  • Valley Community Development Corporation - Homeownership Assistance Center

National Financial Literacy Month is designed to bring awareness to the importance of developing and maintaining healthy financial habits. Financial education provides individuals with the understanding and knowledge to become financially independent by giving people a basic understanding of investing options, managing saving accounts, budgeting tools, credit and debt.

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