PROVIDENCE, R.I. September 14, 2016 – Recognizing Citizens Bank’s commitment to helping colleagues build or add to their families through adoption, the Dave Thomas Foundation for Adoption has awarded the bank top honors as an Adoption-Friendly Workplace. Citizens ranked first among financial service companies and second among all companies recognized by the foundation. This is the ninth time that Citizens has been named to the list.
Citizens is proud to offer adoption-related assistance to both colleagues and customers. For colleagues, the company offers both financial assistance — as much as $23,400 toward eligible adoption expenses and fees — and up to one week of paid leave per adoption. For customers, Citizens provides financing solutions for families who plan to adopt children through a unique partnership with the National Adoption Foundation.
“We are pleased to be recognized once again by the Dave Thomas Foundation for Adoption,” said Susan LaMonica, chief human resources officer, Citizens Bank. “Adopting a child is an exciting but complex process. Our industry-leading adoption benefits and resources give colleagues the time necessary to bring a child into their family and assist with the high cost of adoption.”
Adoption-Friendly Workplaces are determined by an analysis of financial assistance and paid leave available to families who adopt, based on surveys completed by employers. Breakout lists are available noting America’s top 100 adoption-friendly employers, the top 10 by size, and the leaders in each industry.
“We’re committed to dramatically increasing the number of adoptions from foster care, and commend all employers who support families – especially those that grow their families through adoption,” said Rita Soronen, president and CEO of the Foundation. “We are so grateful to every company that has adoption-friendly benefits in place, and we’re honored to recognize them as an Adoption-Friendly Workplace.”
More information about the recognition can be found at adoptionfriendlyworkplace.org. More information about the Citizens Bank/National Adoption Foundation partnership can be found on the bank’s microsite.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $145.2 billion in assets as of June 30, 2016. 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. In Consumer Banking, Citizens helps its retail customers “bank better” with mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,200 ATMs and approximately 1,200 Citizens Bank branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Citizens also provides wealth management, mortgage lending, auto lending, student lending and commercial banking services in select 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. Citizens operates through its subsidiaries Citizens Bank, N.A., and Citizens Bank of Pennsylvania as Citizens Bank, Citizens Commercial Banking and Citizens One. Additional information about Citizens and its full line of products and services can be found at www.citizensbank.com.
About the Dave Thomas Foundation for Adoption
The Dave Thomas Foundation for Adoption is a national nonprofit public charity dedicated exclusively to finding permanent homes for the more than 130,000 children waiting in North America’s foster care systems. Created by Wendy’s® founder Dave Thomas, who was adopted, the Foundation implements evidence-based, results-driven national service programs, foster care adoption awareness campaigns and innovative grant making. To learn more, visit davethomasfoundation.org or call 1-800-ASK-DTFA.
SOURCE: Citizens Financial Group, Inc.