• January 8, 2014 5:00 AM
  • - General

CitiFinancial donates $100,000 to Food Banks Canada

Left: Bradford Scott - Senior Vice President, CitiFinancial Canada, Inc., Centre: Katharine Schmidt - Executive Director, Food Banks Canada, Right: Scott Wood - President, CitiFinancial Canada, Inc. (CNW Group/Food Banks Canada)

TORONTO, Jan. 8, 2014 /CNW/ - Food Banks Canada is pleased to announce that CitiFinancial has increased its level of support to Key Partner for the coming year and generously provided a corporate donation in the amount of $100,000. Since partnering together in 2010, CitiFinancial has made corporate donations totaling more than $235,000 as well as providing numerous employee volunteer hours and in-branch food drives in support of local food banks.

Usage of food banks in Canada remains near record levels despite the end of the recession.  Every month almost 850,000 Canadians - almost 40% of them children - depend on a food bank to meet life's basic necessities.

"CitiFinancial has again demonstrated its commitment to relieving hunger in Canada, with its increased financial commitment to Food Banks Canada and ongoing support of local food banks," said Katharine Schmidt, Food Banks Canada Executive Director. "We are so grateful for their support."

CitiFinancial employees show their support of local food banks through two major annual events - Global Community Day in June and Customer Appreciation Days in November, with both events combining hundreds of volunteer hours with in-branch food drives.

"CitiFinancial is proud to continue its partnership with Food Banks Canada," said Scott Wood, President, CitiFinancial Canada, Inc. "As a community-based organization, increasing our partnership level and corporate donation demonstrates our continuing commitment to the communities we serve."

"Partnering with Food Banks Canada is a perfect fit for our branch network that is comprised of more than 200 branches located in every province across Canada plus two territories," said Bradford Scott, Senior Vice President, Marketing, CitiFinancial Canada, Inc. "Our branch teams are actively engaged in our sponsorship efforts by providing volunteer hours and food donations at the affiliated Food Banks Canada member food banks in their communities."

Food Banks Canada works with corporations across all sectors to relieve hunger today and prevent hunger tomorrow.

About Food Banks Canada
Food Banks Canada supports a unique network of over 3,000 food-related organizations in every province and territory that assists close to 850,000 Canadians each month. Together the network shares over 200 million pounds of essential safe quality food annually, provides social programs that help to foster self-sufficiency, and advocates for policy change that will help create a Canada where no one goes hungry. For more information visit www.foodbankscanada.ca .

About Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides 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, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

SOURCE Food Banks Canada

Image with caption: "Left: Bradford Scott - Senior Vice President, CitiFinancial Canada, Inc., Centre: Katharine Schmidt - Executive Director, Food Banks Canada, Right: Scott Wood - President, CitiFinancial Canada, Inc. (CNW Group/Food Banks Canada)". Image available at: http://photos.newswire.ca/images/download/20140108_C7523_PHOTO_EN_35389.jpg

For further information:

Marzena Gersho
Director Communications
Food Banks Canada
(905) 602-5234 ext. 228
marzena@foodbankscanada.ca

Troy Underhill
Citi Canada Public Affairs
(416) 947-5687
troy.underhill@citi.com