Regions Bank Receives Financial Capability Innovation Award from EVERFI and The Financial Capability Network
October 17 2018 - 9:00AM
Business Wire
Regions Bank has been honored with the 2018 Financial Capability
Innovation Award presented by education technology innovator,
EVERFI, Inc. The award recognizes Regions’ focus on financial
education, the scope and impact of the bank’s efforts to make
financial education accessible and available, and the commitment of
its associates to deliver these programs in their communities.
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Regions Bank has been honored with the
2018 Financial Capability Innovation Award, presented by education
technology innovator, EVERFI. Pictured from left to right: Ray
Martinez, EVERFI President of Financial Education; Joye Hehn,
Regions Community Financial Education Manager; and Leroy Abrahams,
Regions Head of Community Affairs. (Photo: Business Wire)
“For Regions, we see providing financial education – through our
branch network, our Next Step℠ financial education program or
resources on regions.com -- as vital to helping our customers
achieve their financial goals,” said Joye Hehn, Regions Community
Financial Education Manager. “Our collaboration with EVERFI has
allowed us to reach more than 214,000 people – from high school, to
college and adults – since 2011.”
In the 2017-2018 school year, Regions provided the
following:
- Sponsored digital financial education
resources in 154 high schools, reaching 17,795 students, with 65
percent of the students in low- to moderate-income schools.
- Provided more than 13,400 collegians
from 14 SEC/select HBCU schools with information to help them
understand their finances, within and beyond college.
- Saw an 86 percent increase in the
number of adult learners assisted, reaching 22,531 with digital
tools and resources online.
“Each year, we honor institutions dedicated to going above and
beyond in service to their communities,” said Ray Martinez, EVERFI
President of Financial Education. “The Financial Capability
Innovation Awards have given us the opportunity to share and
celebrate the tremendous investment these institutions are making
and continue to make in the communities where they live, work, and
serve.”
Regions works with EVERFI to provide both in-person and
web-based programs for students and adults. Their curriculum uses
the latest in simulation and gaming technologies to bring complex
financial concepts to life. In a classroom setting, the program,
administered by teachers, offers over six hours of programming on a
variety of financial topics including credit scores, insurance,
credit cards, student loans, mortgages, taxes, stocks, savings,
401k’s and other financial literacy standards. The platform
uniquely tracks the progress and performance of every student.
About Regions Financial Corporation
Regions Financial Corporation (NYSE: RF), with $125 billion in
assets, is a member of the S&P 500 Index and is one of the
nation’s largest full-service providers of consumer and commercial
banking, wealth management, and mortgage products and services.
Regions serves customers across the South, Midwest and Texas, and
through its subsidiary, Regions Bank, operates approximately 1,500
banking offices and 2,000 ATMs. Additional information about
Regions and its full line of products and services can be found at
www.regions.com.
About EVERFI
EVERFI, Inc. is the education technology innovator that empowers
K-12, higher education, and adult learners with the skills needed
to be successful in life. The company teams with major corporations
and foundations to provide the programs at no cost to K-12 schools.
Some of America’s leading CEOs and venture capital firms are EVERFI
investors including Amazon founder and CEO Jeff Bezos, Twitter
founder Evan Williams, and Google Chairman Eric Schmidt. Learn more
at everfi.com.
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Regions BankMel Campbell, 205-264-4551Regions News Online:
regions.doingmoretoday.comRegions News on Twitter: @RegionsNews
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