Customers of seven CDFIs in Regions’ footprint will gain access to the bank’s ATM network free of charge.
Financial commitment supporting over 270 organizations spanning 13 states.
Year One Results Outpace Plan to Deliver on the Three-Year Commitment
Equity investment is an extension of Regions’ commitment to create greater racial equity and economic empowerment.
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 support
Empower money market share class surpasses $5 billion in assets under management
Investment is part of a $50 million pledge to help minority institutions and the bank’s larger commitment to foster an inclusive recovery
And has completed a total of 12 Equity Investments in MDIs and CDFI Banks
$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
Organisations that value ethics and transparency, and work towards meaningful engagement with shareholders, are leading the way in Asia and Australasia