Charter One Donates Funds to Detroit Nonprofits for Financial Education

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DETROIT — Charter One and Citizens Bank today marked the start of National Financial Literacy Month with the 2015 launch of a  financial education program to improve the financial acumen of more than 100,000 Americans by using the financial expertise of its bankers and their partnerships with local nonprofits to focus on financial education.

In Michigan, Charter One is awarding grants totaling $85,000 to several nonprofit organizations, including Big Brothers Big Sisters of Metropolitan Detroit; Focus: HOPE; Junior Achievement of Southeastern Michigan; Southwest Economic Solutions; United Way for Southeastern Michigan; Community Economic Development Association of Michigan; and Center for Empowerment & Economic Development.

“This is a community effort from Charter One,” says Rick Hampson, president of Charter One and Citizens Commercial Banking in Michigan. “Charter One customers ask us for our help and advice every day. With Citizens Helping Citizens Manage Money, we are extending our financial expertise and support to the broader communities that we serve to help others improve their financial abilities, too.”

Also during Financial Literacy Month, the bank is undertaking a social media public service campaign, “Get Fin Lit Fit,” that will share financial tips on Facebook and Twitter during April.

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