Results tagged as "military"

  • New Financial Resource for Military Members

    By Jean Chatzky, Financial Editor, NBCs Today Show November 18, 2014 02:14 PM

    When it comes to their financial lives, military families are different. It's just a fact. When they're serving on active duty, they're typically asked to move every few years (ten times more often than civilian counterparts, according to the Department of Defense). This, of course, makes the decision of when to buy versus rent a home a tougher one to process. But it also raises other issues: How do you come to terms with the fact that the cost of living in your new location may be much higher than it was in your last? How does your spouse find work in city after city without starting at the bottom of the ladder each time?

    The list goes on. That's likely why, according to the 2013-survey of Blue Star Families, financial issues rank at the top of concerns about military life. All in all, 65% of military families said they had experienced stress when it came to their finances.

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  • Thanking Those Who Serve

    By Christopher Perkins, Managing Director, Citi and U.S. Marine Corps Veteran November 11, 2014 09:48 AM

    Veterans Day is a reminder and an opportunity to thank our veterans for their service and to reflect on their tremendous courage and sacrifice.

    More than 22 million veterans are living and working within the communities we serve in the United States - with many more across the globe. Citi is proud to support military members as they reintegrate into civilian life through our Citi Salutes initiative and other programs through which we strive to forge lasting relationships.

    Hundreds of our colleagues and volunteers work to provide our veterans with professional development opportunities in financial services and to help them utilize in the business world the skills they've learned in uniform. And Citi's own Military Veterans Employee Network has expanded to 17 groups globally that include more than 2,500 employees.

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  • NGS and e for Education - Making the Dream of a College Degree a Reality, One Child at a Time

    By John Brown Chairman, No Greater Sacrifice December 12, 2013 10:26 AM

    Since No Greater Sacrifice was founded 2008, our goal has been to enable the greatness within children of fallen and combat wounded Service members through their pursuit of higher education. The men and women of the United States Armed Forces risk their lives every day for our country and our way of life, and there is No Greater Sacrifice than that made by these brave men and women. NGS strives to honor this sacrifice by educating the children of these Heroes.

    NGS is able to quantify that it will take $1.65 billion in today's dollars to provide post-high school education opportunities for the children we are dedicated to serve.

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  • Saluting Those Who Serve

    By Suni Harford, Regional Head of Markets for North America, Citi November 11, 2013 01:07 PM

    On November 6, Veterans on Wall Street, a consortium of large financial institutions including Citi, Deutsche Bank and Goldman Sachs, was the presenting sponsor of the Stand up for Heroes concert in New York City to benefit the Bob Woodruff Foundation. It was an extraordinary evening of music and laughter, that was made even more meaningful thanks to the generosity of our clients, vendors and colleagues who helped us raise critical funds to support our injured men and women in uniform as they return home.

    Tomorrow, Veterans on Wall Street will host our third annual career conference, convening veteran job-seekers, charitable organizations and HR professionals from over 150 companies, to share best practices around veteran employment issues. Veterans on Wall Street is aligned with the broader Citi Salutes initiative, created to bridge and expand upon existing company efforts aimed at serving veteran consumers and recruiting veterans for careers at the company and the financial services industry.

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  • Citi Hosts Foreclosure Prevention/Homeowner Assistance Event for Service Members and Veterans on Oct. 17 in the D.C. Area.

    October 14, 2013 02:42 PM

    CitiMortgage and VeteransPlus, a national veteran service organization, are coming to the Washington, D.C. area on Thursday, October 17, 2013, with Citi's proprietary 2013 Road to Recovery for the Military, featuring a homeowner support event for current and former members of the Armed Forces. At this event, Citi's Homeowner Support Travel Team of mortgage professionals and VeteransPlus financial counselors will have one-on-one discussions with current and former service members in need of assistance with their mortgages, offering clear answers to their mortgage questions in a private setting. All military service members and veterans, including those who have missed payments or have payment concerns, are invited and do not have to be CitiMortgage customers to attend. Find event details here.

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  • Through Citi Salutes™, Disabled Veterans Secure Modified Housing

    By Ed Skyler, EVP, Global Public Affairs, Citi March 04, 2013 09:30 AM

    Citi, through a collaboration with Purple Heart Homes (PHH), today announced the donation of modified homes to the families of three service-connected disabled military veterans. Under the program, Citi is working with Purple Heart Homes to identify properties in our REO inventory that are in locations in which a service-connected disabled veteran is in need of a housing arrangement that accommodates his/her injury-related challenges. PHH works with third-party contractors to modify homes based on the needs of the individuals and their families.

    Through our work with PHH, we are helping injured troops begin the next phase of their lives with modified housing and transitional support. Our hope is that we'll be able to identify opportunities for additional home donations in the futures.

    This announcement is the latest news related to Citi Salutes™, our firm-wide commitment to connect veterans, as consumers, homeowners and job-seekers, with access to the resources, services and partnerships they need. Two weeks ago, Citi and NBC Publishing released Heroes Get Hired: How to Use Your Military Experience to Master the Interview, a free enhanced e-book and guide for veteran job-seekers by author Michelle Tillis Lederman. Produced in collaboration with Iraq & Afghanistan Veterans of America and the Military Spouse Corporate Career Network, Heroes Get Hired provides a resource to aid veterans in the difficult transition from military service into civilian employment.


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  • Supporting Those Who Serve: On Veterans Day and Every Day

    By Suni Harford, Citi Regional Head of Markets, North America and Bob Annibale, Global Director, Citi Community Development and Microfinance November 13, 2012 05:00 PM

    Through our Citi Salutes™ initiative, Citi is proud to support the men and women who have served our country, on Veterans Day and every day.

    Our community development-based approach is rooted in making sure veterans and military families have access to employment as well as financial products and services that suit their unique needs, and that they can use to build the skills they need to achieve their personal and professional ambitions. One of the ways in which we accomplish this is through partnerships with veterans service organizations, and this year we have also provided resources and access to expertise that can address a range of challenges that veterans often face.

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  • Toward sustainable housing solutions for America's homeless veterans

    By Natalie Abatemarco, Managing Director, Citi Community Development September 25, 2012 09:00 AM

    I recently had the opportunity to join a coalition of committed public, private and nonprofit sector leaders at the 2012 Veteran Access to Housing Summit, where we shared ideas about how to end veteran homelessness. Hosted by the National Coalition for Homeless Veterans (NCHV), this gathering was supported by Citi as a joint effort of our Citi Salutes initiative and Citi Community Development.

    Safe, sustainable and affordable housing is one of the many challenges facing those who have served our nation - whether they returned home decades ago or in recent months as a result of the continued drawdown of troops. Statistics drawn from NCHV reports paint a stark picture:

    • Nearly one in seven homeless adults is a veteran.

    • About 145,000 veterans experience homelessness at some point during the year, and approximately 1.5 million veterans are at risk of homelessness.

    • There is a critical need for 90,000 units of permanent housing for homeless and low-income veterans.

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  • Citi Accepts 2012 Secretary of Defense Employer Support Freedom Award

    By John Havens, President & Chief Operating Officer, Citi September 21, 2012 12:45 PM

    (l. to r.) Citi President & COO John Havens, Robert Moeller, a Citi Global Consumer Operations Technology employee and Air National Guardsman, and James Rebholz, National Chairman, Employer Support for the Guard & Reserve (photo courtesy of Employer Support of the Guard and Reserve)

    Last night in Washington, DC, Citi received the 2012 Secretary of Defense Employer Support Freedom Award. It is the highest recognition given by the Department of Defense to companies that provide exceptional support to colleagues serving in the Guard and Reserve. It is especially meaningful that we were nominated for the Freedom Award by colleagues who serve their country while working for our company. Underscoring this firm-wide commitment, I was joined last night by representatives of Citi businesses and functions that provide time and resources to these efforts including Markets, Transaction Services, Operations & Technology, Community Development and Public Affairs.

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  • Honoring Veterans, Military Families and Survivors at Citi Field

    By Sam LaNasa, Vice President, Prime Finance and Ron Lobato, Associate, Citi Transaction Services September 14, 2012 09:30 AM

    We recently had the privilege of standing under the bright lights of Citi Field alongside three amazing people: a Major League Baseball Hall of Famer, a Team Citi Paralympian and an inspiring community volunteer. What Tom Seaver, Carlos Leon and Mary Gallagher have in common - which we also share - is a tremendous sense of pride for being part of a community of people who have served our country. As co-chairs of the Citi Military Veterans Network - NYC, it was an honor to participate in such a meaningful tribute to military service.

    On the field, we honored Mary for the countless hours she has volunteered with the Tragedy Assistance Program for Survivors (TAPS) since losing her husband while he was serving in the Marine Corps in 2006. She has since given selflessly to provide newly bereaved survivors with support, compassion, and care during an extraordinarily difficult time.

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