HOUSTON, April 5, 2021 /PRNewswire/ -- As part of its
ongoing commitment to financial education, BBVA USA hosted its third annual Financial
Education Forum, a virtual event designed to provide insight on the
state of financial health in the U.S. This year's event featured a
presentation of Financial Health Pulse 2020 U.S. Trends, which
provides an ongoing snapshot of the financial lives of people in
America.
The Forum, attended by leaders of nonprofit organizations
partnering with the BBVA Center for Financial Education, focused on
the key findings for the prior year, highlighting the overall
improvement in financial health in America. As part of the online
event, experts from Financial Health Network, EverFi and Urban
Institute shared critical information with attendees on the state
of financial health and economic recovery of diverse communities
across the U.S. Financial Health Network also noted that,
despite these improvements, Black Americans, women and people with
low incomes are bearing the brunt of the COVID-10 crisis and that
financial health disparities continue to widen by both race and
income.
"The information shared by the Financial Health Network clearly
demonstrates the importance of the work we're doing through our
Center for Financial Education," said Tony
Moraga, Manager of Social Impact at BBVA USA. "Financial education provides the power
to change lives and transform entire communities. We at BBVA
believe it's our responsibility to share our knowledge and
expertise to help the people we serve make sound, responsible
financial choices."
BBVA also released its 2020 Impact Report, published by the
Center for Financial Education, which demonstrates the
effectiveness of the bank's financial education program and its
clear alignment with current financial trends in the U.S.
Read the entire report here.
For more BBVA news visit, www.bbva.com and the U.S.
Newsroom.
Additional news updates can be found via Twitter and
Instagram.
For more financial information about BBVA in the U.S., visit
bbvausa.investorroom.com.
About BBVA
BBVA is a customer-centric global financial
services group founded in 1857. The Group has a strong leadership
position in the Spanish market, is the largest financial
institution in Mexico, it has
leading franchises in South
America and the Sunbelt Region of the United States. It is also the leading
shareholder in Turkey's Garanti
BBVA. Its purpose is to bring the age of opportunities to everyone,
based on our customers' real needs: provide the best solutions,
helping them make the best financial decisions, through an easy and
convenient experience. The institution rests in solid values:
Customer comes first, we think big and we are one team. Its
responsible banking model aspires to achieve a more inclusive and
sustainable society.
BBVA USA
In the U.S.,
BBVA is a Sunbelt-based financial institution that operates 637
branches, including 328 in Texas,
88 in Alabama, 63 in Arizona, 61 in California, 43 in Florida, 37 in Colorado and 17 in New Mexico. The bank ranks among the top 25
largest U.S. commercial banks based on deposit market share and
ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (6th). In the U.S., BBVA has been
recognized as one of the leading small business lenders by the
Small Business Administration (SBA) and ranked 14th nationally in
terms of dollar volume of SBA loans originated in fiscal year
2019.
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SOURCE BBVA USA