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Year One Results Outpace Plan to Deliver on the Three-Year Commitment
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Equity investment is an extension of Regions’ commitment to create greater racial equity and economic empowerment.
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Supports 10 additional Black, Hispanic and Latino MDIs and CDFIs, offers customers free access to more than 16,000 Chase ATMs and continues advisory and supportEmpower money market share class surpasses $5 billion in assets under management
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Investment is part of a $50 million pledge to help minority institutions and the bank’s larger commitment to foster an inclusive recovery
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And has completed a total of 12 Equity Investments in MDIs and CDFI Banks
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$25 Million in Support of Jobs Initiative; $25 Million in Support of Community Outreach and Initiatives;$50 Million to Minority Depository Institutions;$200 Million to Minority Entrepreneurs, Businesses and Funds