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Citizens Bank names Mutual Housing Association of Southwestern Connecticut as Champion in Action

New London, Ct.           (April 30, 2009) - Citizens Bank, Connecticut has announced that Mutual Housing Association of Southwestern Connecticut, a Fairfield County housing and community development organization committed to creating affordable housing opportunities, revitalizing urban neighborhoods, and helping people achieve economic self-sufficiency, has been named its Champion in Action® for the second quarter of 2009 in the area of affordable housing.

The award was announced by Joe Hoffman, president of RBS Card Services in Bridgeport, during an on-air segment of the noon newscast on WTNH earlier today. The award includes a $25,000 grant from the Citizens Bank Foundation.

“Citizens Bank is proud to be associated with MHA and its work to create affordable housing opportunities in Fairfield County. The comprehensive programs and services offered by MHA are essential for many individuals and families, particularly in these difficult times,” said Hoffman.”

In addition to building and preserving housing units, Mutual Housing Association offers programs that teach individuals and families the skills necessary to achieve financial stability and homeownership through education, financial assistance and foreclosure prevention counseling.

Founded in 1990, Mutual Housing Association is Fairfield County’s leading nonprofit provider of affordable housing and services. The organization has acquired 472 units of safe, secure, affordable housing, and assists more than 700 individuals and families each year to sustain themselves as homeowners. 

Champions in Action is a partnership between Citizens Bank and WTNH / MyTV 9 launched in 2002 to provide financial support and public awareness to the nonprofit organizations that work every day to champion change in our communities.

Each quarter, a nonprofit organization among a range of social service topics in Connecticut is recognized as a Champion in Action. Each champion in action receives the following support in addition to the $25,000 grant from the Citizens Bank Foundation:

• Media coverage from News Channel 8/MyTV9, including public service announcements.
• Volunteer support from both Citizens Bank and News Channel 8/MyTV9.
• Public relations support; and promotional support through visibility at Citizen Bank branches and citizensbank.com.

About Citizens Bank

Citizens Bank is a division of RBS Citizens, N.A., operating its seven-state branch network in Connecticut, Delaware, Massachusetts, New Hampshire, New York, Rhode Island and Vermont. It has 51 branches and 65 ATMs in Connecticut.

RBS Citizens, N.A. is a subsidiary of Citizens Financial Group, Inc., a $160 billion commercial bank holding company headquartered in Providence, R.I. CFG’s two bank subsidiaries are RBS Citizens, N.A. and Citizens Bank of Pennsylvania. They operate a 12-state branch network under the Citizens Bank brand in Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont, and the Charter One brand in Illinois, Michigan and Ohio. CFG has non-branch retail and commercial offices in about 40 states. It is one of the 10 largest commercial banking companies in the United States ranked by assets and deposits. CFG is owned by RBS (The Royal Bank of Scotland Group plc).