Citigroup Foundation Reaches $100K in Donations to NTID

[Miss-Delectable]

http://www.ntid.rit.edu/media/full_text.php?article_id=496

With its latest gift of $25,000 announced this week, Citigroup Foundation has donated $100,000 to the Citigroup Endowed Scholarship Fund, which supports deaf and hard-of-hearing business students at the National Technical Institute for the Deaf, a college of Rochester Institute of Technology. Established in 1999, the scholarship helps about a dozen students with financial need each year.

Citigroup has also supported NTID students through employment opportunities. To date, Citigroup has hired 134 students for summer internships and 22 graduates for business, computer, and human resources positions at its various sites nationwide.

In 2004, Citigroup hired six NTID students for summer internships, and the following year doubled that number. This summer the company has 14 positions available for deaf students.

“Providing access to higher education for students with a demonstrated financial need is a priority of the Citigroup Foundation. We are proud to partner with NTID in providing scholarships to deserving students,” said Kristen Fries, program officer, Citigroup Foundation.

“We consider Citigroup to be one of our most valued partners,” said Dr. T. Alan Hurwitz, NTID CEO/Dean, and RIT vice president. “Despite the ups and downs of the economy over the past several years, Citigroup’s support has remained steadfast; and we are very grateful.”

Citigroup, the leading global financial services company, provides consumers, corporations, governments, and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. The Citigroup Foundation focuses its grants in the areas of financial education, educating the next generation, and building communities and entrepreneurs.Visit www.citigroup.com/citigroup/corporate/foundation/ for more information.

NTID is the first and largest technological college in the world for deaf and hard-of-hearing students. One of eight colleges of RIT, NTID offers educational programs and access and support services for its 1,100 students from around the world who study, live and socialize with 14,400 hearing students on RIT’s Rochester, N.Y., campus.

Web address: http://www.rit.edu/NTID.

Visit http://www.rit.edu/NTID/newsroom for more NTID news.

 

[hootster]

I own stocks in Citigroup, so this is cool.

 

[Nesmuth]

That's their doings to smokescreen the bad deeds they done to deaf people especially those who owe them through their credit cards.

Richard

 

[hootster]

That's their doings to smokescreen the bad deeds they done to deaf people especially those who owe them through their credit cards.

Richard

Ok, please cite that.....

As for the credit cards, did they hold a gun to their head and force them to use it???

lol

Do you know that using a credit card is a choice? If they go into debt and cant afford to pay it off, its the cardholders' fault.

Omg, everyone is out to get the deafies!!! Get real.

 

[Nesmuth]

As for the credit cards, did they hold a gun to their head and force them to use it???

Pretty close to that,

I've seen them get judgements without serving the deaf clients the papers. They just go get the judgements and then the bank levys without the deaf clients knowledge. And it takes like 18 months for them to get their money back. It's a pattern I been seeing with way the company handle the deafs who owe them thorough their credit cards. Citigroup thinks they can go in and grab the deaf clients money from their bank and run off. Citigroup is supposed to follow proper process, they dont.

And it means hours and hours and hours of phone calls and dozens of letters and finding a pro bono credit attorneys who'll force the money back to the clients.

And one of my clients was due emergency eye surgery only to find that Citigroup took the money from her that she was saving for these emergencies. She lost her right eye because Citigroup dont follow proper procedures.

The nice face Citigroup is showing to the deaf community is actually a smokescreen to cover up the bad deeds they do to deaf people especially MY CLIENTS!

What youre seeing hootster, is a big yellow happyface sticker covering the skull and crossbones of a pirate flag.

Richard

 

[hootster]

Pretty close to that,

I've seen them get judgements without serving the deaf clients the papers. They just go get the judgements and then the bank levys without the deaf clients knowledge. And it takes like 18 months for them to get their money back. It's a pattern I been seeing with way the company handle the deafs who owe them thorough their credit cards. Citigroup thinks they can go in and grab the deaf clients money from their bank and run off. Citigroup is supposed to follow proper process, they dont.

And it means hours and hours and hours of phone calls and dozens of letters and finding a pro bono credit attorneys who'll force the money back to the clients.

And one of my clients was due emergency eye surgery only to find that Citigroup took the money from her that she was saving for these emergencies. She lost her right eye because Citigroup dont follow proper procedures.

The nice face Citigroup is showing to the deaf community is actually a smokescreen to cover up the bad deeds they do to deaf people especially MY CLIENTS!

What youre seeing hootster, is a big yellow happyface sticker covering the skull and crossbones of a pirate flag.

Richard

Ok, I m convinced! You said this on the internets so it must be TRUE! Nevermind that you didnt back it up. Oh well, who cares about that? Everything on the internets is TRUE!

Cite...please.

*edit*

That being said, I DONT AGREE with that practice. However, I m not just going to take what u said at face value cuz I have NEVER heard of anything close to what u are saying. Sorry. Like I said before, cite.

 

[Nesmuth]

I can only cite that we have a good client confidentiality policy.

Richard

 

[hootster]

Ok, I m not asking u to hand over your clients' records.

I m asking for some kind of legit news source to confirm what you said.

Forgive me for being skepitcal, but alot of people blurt out crap on the internets especially the anti-business people. Ya know?

 

[Cousin Vinny]

I've seen them get judgements without serving the deaf clients the papers. They just go get the judgements and then the bank levys without the deaf clients knowledge. And it takes like 18 months for them to get their money back. It's a pattern I been seeing with way the company handle the deafs who owe them thorough their credit cards. Citigroup thinks they can go in and grab the deaf clients money from their bank and run off. Citigroup is supposed to follow proper process, they dont.

First of all, while Citigroup may be involved in collections, they usually subcontract this task onto consumer credit collection agencies. Some of these agencies have undesirable business practices, and I'm sure Citigroup will quickly dissassociate themselves from agencies that do not follow relevant laws governing consumer credit collection efforts.

Secondly, bank garnishments (levy's) are unheard of, as far as DHH clients are concerned. I have had my fair share of DHH clients with consumer credit problems and I have never heard of a collection agency actually levying funds directly from their bank accounts. (It is entirely possible, though.) I have seen my fair share of lawsuit papers being served upon these DHH clients, though.

I have, however, encountered DHH clients with bad check claims. These DHH clients were usually on SSI and they initially refused to pay, saying 'We're on SSI!' I explained that there could be criminal penalties, and my DHH clients eventually relented, paying their bad checks in monthly installments. That was a tough situation, having to repay funds out of their scarce monthly SSI allowance.

Bad credit is not a DHH phenomenon, that's for sure! Countless people have bad consumer credit and come from all kinds of backgrounds, races, religions, etc. I placed particular emphasis on consumer credit skills in counseling DHH clients to avoid credit cards or checks. It was particularly rewarding to see some of my DHH clients conquer their consumer credit demons.

One new concern is about the consumer credit counseling provision in the current Bankruptcy Reform Act. I would imagine, getting ADA accommodations for Deaf clients undergoing credit counseling would yet be an another battle.

 

[Nesmuth]

Secondly, bank garnishments (levy's) are unheard of, as far as DHH clients are concerned. I have had my fair share of DHH clients with consumer credit problems and I have never heard of a collection agency actually levying funds directly from their bank accounts. (It is entirely possible, though.) I have seen my fair share of lawsuit papers being served upon these DHH clients, though.

It's been happening a lot in the past 4 years. Weve got clients who say that sheriff took $5,000 to $12,000 from their bank accounts and we'd have to refer them to a credit attorney after spending countless hours on the phones from the collection law firm to the company that bought the debt to the original creditors.

 

[neecy]

All the more reason NOT to make the decision to use credit cards and charge when you don't have the money to spend to begin with. I understand its a slippery slope, but its not citibank's fault that the credit card owners charged more than they could pay for.