FOR IMMEDIATE RELEASE
Citigroup Inc. (NYSE: C)
April 24, 2007
Citi Guam Volunteers Head Back to School to Teach Financial Basics to Students
Guam – Citi Guam employees taught the value of saving and other money management basics to over 750 students during the recent "Teach Children to Save Day."
Over four days (April 17, 18, 19 & 24) the 47-strong Citi Guam team took time from their work schedules (150 hours in total) to teach financial education to third and fifth grade students in four public schools.
Using the Citi Financial Education curriculum, the Citi volunteers covered a range of relevant topics that included how to be smart shoppers, and the importance of saving, and where to save. To make the classes fun and interactive, the sessions included games and student-teacher team based activities.
"We are very pleased to involve more employee volunteers this year that in turn, allowed us to teach more students," said Madhu Seshadri, Citi Country Officer.
"What impressed many of us was the knowledge shown by the students. A lot of them were already aware of online banking issues such as ‘phishing’ and identity theft.
"As usual it was a great experience for everyone involved and we would like to thank the principals, faculty and staff of Price Elementary School, FQ Sanchez Elementary School, Merizo Elementary School and Marcial A. Sablan Elementary School for allowing us the chance to interact with their students. We are very proud of our progress in trying to improve our community."
Citi has been active in this initiative since 2003 and over the last five years more than 1,700 students have participated in this program.
"Teach Children to Save Day" is part of a program sponsored by the American Bankers Association Education Foundation which aims to teach children the financial facts of life. This is the fifth year that the Guam Bankers Association has joined in this national effort to promote financial literacy.
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Citi
Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citi's major brand names include Citibank, CitiFinancial, Primerica, Citi Smith Barney and Banamex. Additional information may be found at www.citigroup.com or www.citi.com.
Citigroup Financial Education
The Citigroup Financial Education Program is a global, company-wide effort to identify, support and implement initiatives that help give individuals, families and communities the tools needed to make sound financial decisions. In 2004, Citigroup and the Citigroup Foundation announced a 10-year, $200 million global financial education commitment, the formation of a new Office of Financial Education and a global initiative designed to encourage its 300,000 employees around the world to devote time to support financial education and other charitable causes. Under this initiative, employees may take a day off from work to volunteer for non-profit organizations in their communities. http://financialeducation.citigroup.com
ABA Education Foundation
The ABA Education Foundation, a non-profit subsidiary of the American Bankers Association, is committed to developing and providing education programs that lead to financial literacy. For nearly eighty years, we have supported the banking industry's efforts to teach personal finance skills in schools and communities across the country. The programs we provide are specifically and uniquely created for young children, teenagers and adults to provide them with the skills they need to budget, save, and manage credit. For more information, visit http://www.aba.com/Consumer+Connection or call 1-800-BANKERS.