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Citizens Financial Group to Receive National Freedom Award

Citizens Financial Group to Receive National Freedom Award

Published 10-14-05

Submitted by Citizens Financial Group

PROVIDENCE, R.I. - William K. Wray, Group Executive Vice President & Chief Information Officer of Citizens Financial Group Inc., will meet with President George W. Bush on Friday, October 14, 2005 to accept congratulations at the White House for Citizens having won the 2005 Secretary of Defense Employer Support Freedom Award, Citizens Chairman, President & CEO Lawrence K. Fish has announced.

The award will be presented by Secretary of the Army Frances J. Harvey at a ceremony at the Omni Shoreham Hotel in Washington on Saturday night, October 15, 2005.

The Department of Defense named Citizens one of 15 employers in the United States to receive the 2005 award from among 1,492 applicants. The Freedom Award, established in 1996, is the highest award a company can receive for its support of the National Guard and Reserve.

"The Freedom Award is terrific recognition of the support - beyond what's required by law - that we at Citizens and other employers across the United States provide to our colleagues who are activated to service in the National Guard and Reserves and their families," Fish said. "It is our colleagues and their families who are sacrificing for our country, and we are pleased to be honored for a military leave policy that supports them while they or their loved ones are serving."

Citizens' policy on military leave offers enhanced support and benefits to those called to active duty and their family. They include:

  • For any colleagues for military service, Citizens pays the difference between their Citizens pay and military pay for the duration of active duty.

  • Citizens offers the continuation of medical, dental, vision and life insurance coverage.

  • In addition, if a colleague's spouse, domestic partner or child(ren) is activated for military service, Citizens grants up to five consecutive days of paid leave to spend time with that serviceperson during their in-service leave. If travel is necessary, Citizens pays a portion of their travel expenses up to $500.

  • Citizens also is committed to providing those returning from active duty with their own or a comparable job.

    In announcing the full list of the 2005 winners, David Janes, the national chairman of the National Committee for Employer Support of the Guard and Reserve, said "The 15 recipients of the 2005 Secretary of Defense Freedom Award set a high standard for all of America's private and public employers."

    Secretary of Defense William Perry instituted the Secretary of Defense Employer Support Freedom Award in 1996 under the auspices of the National Committee for Employer Support of the Guard and Reserve (ESGR). The award publicly recognizes employers, who were nominated by their employees who voluntarily serve in the National Guard and Reserve, for exceptional support above the requirements of the Uniformed Services Employment and Reemployment Rights Act of 1994.

    In past years, the Rhode Island Committee for Employee Support of the Guard and Reserve has awarded Citizens Bank of Rhode Island its "Pro Patria" award, the highest such state award; and the New Hampshire Committee for the Employee Support of the Guard and Reserve has bestowed Citizens Bank New Hampshire with the "Seven Seals" Award.

    Attending the event from Citizens will be:

    Principal Recipient for Citizens
    William K. Wray, Group Executive Vice President & Chief Information Officer, Citizens Financial Group

    Award Nominator
    Mike Reed, Senior Operations Clerk & Staff Sergeant, Rhode Island Air National Guard

    HR Representative
    William J. Strahan, Senior Vice President, Director of Benefits and Compensation

    Military Leave Participants
    Lt. Mark Bourgery, Finance Production, Rhode Island
    Cabe Scotland, Switch Assist, Rhode Island
    Sgt. Joseph Bowen, Colleague Support Center, Pennsylvania
    Spc. Joseph Pearl, Retail Lender, Document Preparation Department, Rhode Island
    James Satori, Vice President, Corporate Security, Massachusetts

    Military Family Leave Participants
    Fara Bowen, Supermarket Administration, Pittsburgh, Pennsylvania
    Cheri Boland, Vice President, HR Recruiting Manager, New Hampshire
    Kerri Folgo, Senior HR Generalist, Officer, Rhode Island
    Diane Lestage, Assistant Vice President, Credit Review, New Hampshire

    Citizens Financial Group, Inc. is a $148 billion commercial bank holding company. It is headquartered in Providence, R.I., and has more than 1,600 branches, approximately 3,100 ATMs and more than 27,000 employees. It operates its 13-state branch network in Connecticut, Delaware, Illinois, Indiana, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, and has 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). Its Web site is www.citizensbank.com.

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