Citizens Bank donates $50,000 to Cradles to Crayons
for its annual collection efforts of school supplies for children in need
Volunteers to sort supplies to be donated at West Conshohocken facility
PHILADELPHIA– Citizens Bank will hold a news conference on Tuesday, July 29 to announce its annual Gear for Grades initiative. Citizens Bank will donate $50,000 to West Conshohocken-based nonprofit Cradles to Crayons to support its goal of distributing 24,000 backpacks with school supplies for children through its Ready for School campaign. The filled backpacks will be distributed through Cradles to Crayons’ network of community partners and given directly to children who need them most in time for the start of the school year.
Citizens Bank colleagues will be volunteering at the facility sorting through donated new school supplies such as pencils, pens, crayons, glue sticks, rulers, erasers, safety scissors, spiral notebooks and washable markers. The bank will also participate at the Backpack-A-Thon scheduled for August 6 at Lincoln Financial Field where hundreds of supporters will be stuffing school supplies into backpacks that will be distributed as part of the Gear for Grades program.
About Citizens Financial Group Inc.
Citizens Financial Group Inc. is one of the nation’s oldest and largest financial institutions, with $126.9 billion in assets as of March 31, 2014. Headquartered in Providence, Rhode Island, the company offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Consumer Banking helps its retail customers “bank better” with mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,100 ATMs and approximately 1,200 Citizens Bank and Charter One branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Citizens also provides mortgage lending, auto lending, student lending and commercial banking services in selective markets nationwide. In Commercial Banking, Citizens offers corporate, institutional and not-for-profit clients a full range of wholesale banking products and services including lending and deposits, capital markets, treasury services, foreign exchange and interest hedging, leasing and asset finance, specialty finance and trade finance.
About Cradles to Crayons
Cradles to Crayons provides children from birth through age 12 living in homeless or low-income situations with the essential items they need to thrive – at home, at school and at play. We supply these items free of charge by engaging and connecting communities that have with communities that need.