More than 10,000 Citi Volunteers Have Reached More than 100,000
NEW YORK–(BUSINESS WIRE)–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
“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
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.
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
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Patricia Tuma, 212-793-7682