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Charter One Bank and Chicago Urban League Set to Announce Partnership for $300,000 Affordable Housing Initiative


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News Advisory:

Charter One Bank will officially announce its $300,000, three- year commitment to the Chicago Urban League and its affiliate, the Chicago Urban League Development Corporation, in support of the Charter One Neighborhood Housing Initiative. The initiative will address the critical need of supporting homeownership for low- and moderate-income families in Chicago by providing them with the tools they need to secure and maintain home mortgages.

WHO: The Charter One Neighborhood Housing Initiative is a partnership between Charter One Bank and the Chicago Urban League.

WHEN: Tuesday, August 16th at 10 a.m.

WHERE: Chicago Urban League, 4510 S. Michigan Ave., Chicago, IL 60653, 773-285-5800

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About Charter One Bank, N.A.

Charter One Bank, N.A., is a $36 billion bank operating in Illinois, Indiana, Michigan and Ohio. It has more than 490 branches and 830 ATMs. Charter One is a subsidiary of Citizens Financial Group, Inc., a $148 billion commercial bank holding company headquartered in Providence, R.I. Citizens has more than 1,600 branches, approximately 3,100 ATMs and more than 27,000 employees in a 13-state retail branch network and non-branch offices in more than 30 states. Citizens is the eighth largest commercial banking company in the United States ranked by deposits. Citizens is owned by RBS (The Royal Bank of Scotland Group plc).The Charter One Web site is charterone.com.

About The Chicago Urban League

Established in 1916, the mission of the Chicago Urban League is to eliminate racial discrimination and segregation and to work for the achievement of equal opportunity and parity for African Americans, other minorities and the poor in every phase of American life. Today the League’s work is focused in three primary areas: education, economic development and community empowerment.



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