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Investor Alert

press release

April 30, 2020, 8:24 a.m. EDT

Citizens Bank Announces $165,000 In Grants to Small Businesses in Rhode Island

Citizens Bank today announced that 11 small businesses in Rhode Island will each receive a $15,000 grant as part of its Small Business Recovery grant program. These direct grants are being issued to Citizens small business customers to help them continue operating and recover from adverse conditions brought on by the pandemic.

“These grants will go directly to Rhode Island small businesses, providing them with much needed cash flow and support to help them stabilize amidst the devastating impacts of the coronavirus pandemic,” said Jack Murphy, President, Business Banking, Citizens Bank.

On April 6, Citizens announced a $5 million commitment to aiding communities through these challenging times, including $4.2 million in support of small businesses in the bank’s service area. As part of this overall commitment, Citizens is awarding 134 direct grants to small businesses.

Murphy added: “Small businesses are the heartbeat of the American economy, and we are committed to providing them with a vital jolt as they battle the economic implications of the pandemic.”

The full list of Rhode Island grant recipients is below:

  • Better Lives Rhode Island

  • Feast & Fettle

  • Johnny's BBQ DBA Johnny's Victory Diner

  • MGMR Group DBA Meadow Brook Inn

  • mod mama

  • Operation Made

  • Scott's Mobile Repair LLC

  • Sojourner House

  • The McAuley Corporation

  • Urban Greens Food Co-op

  • West Broadway Neighborhood Association

For more information and a full list of all of the recipients, please click here.

About Citizens Financial Group, Inc .

Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $176.7 billion in assets as of March 31, 2020. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 2,800 ATMs and approximately 1,000 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on Twitter ,

View source version on businesswire.com: https://www.businesswire.com/news/home/20200430005483/en/

SOURCE: Citizens Financial Group, Inc.

Steve Brownell
Citizens Bank
steve.brownell@citizensbank.com

Copyright Business Wire 2020

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