Junior Achievement of Southeastern Michigan named a Champion in Action
Charter One Bank and WXYZ-TV 7 provide $25,000 grant, volunteer and promotional support in recognition of excellence in financial literacy
DETROIT. (July 13, 2009) - Charter One and WXYZ-TV 7 have announced Junior Achievement of Southeastern Michigan as the 2009 Champions in Action® winner in Michigan in the area of financial literacy. As the beneficiary of this award, Junior Achievement will receive a $25,000 grant, public relations and volunteer support.
The Champions in Action program was launched in November 2005 by Charter One and WXYZ-TV 7 to recognize and support nonprofit organizations that champion change in our communities and work to address the needs of southeast Michigan.
Junior Achievement of Southeastern Michigan (JA) works with students, educators and the business community to inspire and prepare young people to succeed. JA programs have three educational tenets woven throughout – financial literacy, workforce readiness and entrepreneurship. Participants are shown how to generate wealth and effectively manage it, how to create jobs which make their communities more robust, and how to apply entrepreneurial thinking to the workplace. Students put these lessons into action and learn the value of contributing to their communities.
Since 1949, JA of Southeastern Michigan has educated and inspired more than 1.5 million young people. Last year more than 1,200 volunteers delivered JA’s programs to more than 37,000 students in grades K-12 throughout southeast Michigan. JA’s proven programs – including workbooks, study guides, lesson plans and interactive activities – are delivered for an average cost of $40 per student per year, making it one of the most cost effective programs around.
“Junior Achievement of Southeastern Michigan educates and engages our youth through volunteers that not only teach the JA curriculum, but infuse each lesson with their personal experience,” said Sandra Pierce, President, Charter One, Michigan. “In today’s economy, it’s more important than ever that we prepare our youth for success with a foundation in financial literacy.”
"WXYZ-TV 7 is proud to partner with Charter One to recognize the important contributions of Junior Achievement of Southeastern Michigan,” said Bob Sliva, Vice President and General Manager, WXYZ-TV 7. "We congratulate the organization and look forward to working with Junior Achievement to help raise awareness and advance its mission.”
As the 2009 third quarter Champion in Action, Junior Achievement will receive:
• A $25,000 grant in unrestricted funds from the Charter One Foundation.
• Media coverage from WXYZ-TV 7, including public service announcements.
• Volunteer support from Charter One colleagues.
• Promotional support in all Charter One branches and ATMs throughout Michigan.
• Exposure on both Charter One’s and WXYZ-TV 7’s Web sites.
“We are proud to be chosen as a Champion in Action. It is a privilege to have our programs recognized for the positive impact we have on our community’s youth,” said Karen Kosniewski, President and CEO of Junior Achievement of Southeastern Michigan. “Teaching financial literacy to our youth will help ensure their future success and the success of our region.”
Community leaders and representatives of WXYZ-TV 7 and Charter One comprise a committee which selects a Champion in Action each quarter for its work on a particular social concern. 2009 categories include: Youth Programming, Housing, Financial Literacy and Environmental Impact.
About Charter One
Charter One is a division of RBS Citizens, N.A., operating in Illinois, Michigan and Ohio. It has approximately 400 branches and 660 ATMs. It has 119 branches and 135 ATMs in Michigan.
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. CFG is owned by RBS (The Royal Bank of Scotland Group plc).
Information on Junior Achievement of Southeastern Michigan