Fifth Third Community Development Corp. is investing an additional $2.5 million in First Independence Bank. The move makes Fifth Third the largest investor in the minority depository institution and community development financial institution.
In 2018, PayPal anonymously surveyed a large sample of its hourly and entry-level employees to assess their financial security. The results indicated that almost two-thirds of surveyed employees reported periodically running out of money between paydays.
Truist Financial Corporation (NYSE: TFC) today announced a $40 million initial donation to help establish CornerSquare Community Capital, a new national nonprofit fund that will support selected community development financial institutions...
Inclusive growth ensures that the benefits of a growing economy extend to all segments of society, and research suggests that productivity is determined less by a person's skills and abilities, and more by their access to the vital networks that...
At PayPal, achieving climate stability is vital to fulfilling our company’s mission to creating an inclusive economy where every single person has the opportunity to make a meaningful living.
Furthering longstanding financial inclusion efforts to bring more people and small businesses into the digital economy, the company will bring equitable financial tools, investment and partnerships to cities across the U.S.
The Whole Planet Foundation team is excited to introduce our new partnership with GGEM Farming, a young social enterprise operating out of Nkhotakota, on the shores of Lake Malawi.
Whole Planet Foundation is a Whole Foods Market non-profit dedicated to alleviating poverty through microcredit around the globe in countries that supply stores with products.
Comerica Bank announced today its $150,000 commitment to support Invest Detroit – a nonprofit lender, investor, and partner that assists business and real estate projects that ignite economic growth in Detroit and the surrounding region
It’s the latest in a string of moves by large corporations to shift some of their money to Black-owned banks & lenders primarily serving the Black community in the months of unrest over racial injustice following the killing of George Floyd in May.
Everyone’s financial journey is different. We make intentional efforts to meet the individual needs of clients and communities through a diverse range...
Highlighting the top news, commentary, and research for the week coming from SHQ. The highlights newsletter also spotlights one profiled organization...
