Welcome!

News Feed Item

Regions Bank and Protective Life Corporation Join to Support Operation HOPE's Mission to Promote Financial Dignity and Empowerment

BIRMINGHAM, Ala., Jan. 23, 2014 /PRNewswire-USNewswire/ -- Operation HOPE Founder, Chairman and CEO John Hope Bryant was joined today by Regions Financial Corporation (NYSE:RF) CEO Grayson Hall and Protective Life Corporation CEO John D. Johns at the Regions Financial corporate headquarters to announce the first commitment for HOPE Inside locations for the state of Alabama. 

Supported by commitments from Regions Bank and Protective Life Insurance, the HOPE Inside offices will offer free adult financial education, individual financial counseling guidance and financial disaster recovery workshops to residents in the Birmingham area who seek to build personal wealth or protect assets from disasters. The first HOPE Inside location in Alabama will be housed in the Regions Bank Five Points South branch in downtown Birmingham.

"We are pleased that Regions Bank and Protective Life Corporation show such dedication to their community. Their commitment will help ensure that the residents of Birmingham will have an opportunity to receive Operation HOPE's qualified financial empowerment service," said Operation HOPE Founder, Chairman and CEO John Hope Bryant. "For more than 20 years, we have been advocating the importance of financial literacy as a tool to combat economic inequality. Through HOPE Inside we are making a measurable impact in communities across the country, like Birmingham."

The HOPE Inside offices will feature a dedicated certified counselor who will provide and coordinate credit, money management and homeownership counseling services. Services are provided free of charge and are available to the general public. The leaders gathered to introduce the new program that will provide financial education to the community.

"This is about helping people succeed financially to make our community stronger," said Regions Financial Corporation CEO Grayson Hall. "Financial education gives people the knowledge and information they need to make decisions that will benefit themselves and their families. Regions is honored to partner with Operation HOPE and Protective Life to provide this service that will help people set and achieve their financial goals."

Through the new HOPE Inside partnership, Operation HOPE will be able to provide customized, one-on-one financial education to more people from throughout the area.

"Operation HOPE is a global leader in helping individuals and families build financial capacity and achieve financial dignity through their strong financial literacy programs," said John D. Johns, CEO, Protective Life Corporation. "We are pleased to partner with Regions to bring the HOPE Inside program to Alabama and we are excited about the impact this program will have in our community."

HOPE Inside locations literally exist "inside" financial institutions, retail stores, supermarkets, local municipalities or community-based partners, cutting out much of the expensive overhead costs of running a Center. It is Operation HOPE's new, innovative and cost-efficient strategy to serve more people by bringing financial empowerment to locations with significant foot-traffic.  By partnering with such institutions, it allows the HOPE to attract and provide services for more unbanked or underbanked consumers.

"This joint partnership is just another path to financial success for our citizens, which will help forge the way for better opportunities financially for our citizens. We are proud that Birmingham is at the center of such a beneficial program to the community," said Mayor William Bell.

While this HOPE Inside location represents the first such partnership for the state of Alabama, Operation HOPE has had a presence in Birmingham since 2011 through its disaster financial recovery services division, HOPE Coalition America (HCA).  In support of 2011 tornado recovery efforts, HCA provided on-the-ground assistance to individuals and small business owners, eventually opening an office in Birmingham to continue these services.

Ultimately, the commitment seeks to establish a larger HOPE presence in the Birmingham metropolitan area that will provide additional services, including targeted adult financial literacy workshops and services, credit and money management, homeownership, foreclosure prevention and small business seminars, as well as HCA disaster recovery services to HOPE clients.

About Operation HOPE
Founded in 1992 and headquartered in Los Angeles, Operation HOPE promotes financial dignity through financial literacy and education tools to underserved communities. Through its four core portfolios, the organization has provided youth and adult financial literacy, economic preparedness, digital empowerment, promoted home ownership, and assisted with foreclosure prevention to more than 2 million individuals, families, and small business owners. HOPE's next phase will be focused on Project 5117, a multi-year initiative that will track and increase business role models for youth, boost credit scores for adults, and empower underserved communities. To learn how you can join Project 5117, go to www.operationhope.org/p5117mission or visit www.operationhope.org to learn more.

SOURCE Operation HOPE

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
TechTarget storage websites are the best online information resource for news, tips and expert advice for the storage, backup and disaster recovery markets. By creating abundant, high-quality editorial content across more than 140 highly targeted technology-specific websites, TechTarget attracts and nurtures communities of technology buyers researching their companies' information technology needs. By understanding these buyers' content consumption behaviors, TechTarget creates the purchase inte...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
In the first article of this three-part series on hybrid cloud security, we discussed the Shared Responsibility Model and examined how the most common attack strategies persist, are amplified, or are mitigated as assets move from data centers to the cloud. Today, we’ll look at some of the unique security challenges that are introduced by public cloud environments. While cloud computing delivers many operational, cost-saving and security benefits, it takes place in a public, shared and on-demand ...
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, will highlight the current challenges of these transformative technologies and share strategies for preparing your organization for these changes. This “view from the top” will outline the latest trends and developm...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change the...
Many private cloud projects were built to deliver self-service access to development and test resources. While those clouds delivered faster access to resources, they lacked visibility, control and security needed for production deployments. In their session at 18th Cloud Expo, Steve Anderson, Product Manager at BMC Software, and Rick Lefort, Principal Technical Marketing Consultant at BMC Software, discussed how a cloud designed for production operations not only helps accelerate developer inno...
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this transformation, companies must be able to innovate at an increasingly rapid pace. Traditional approaches for driving innovation are now woefully inadequate for keeping up with the breadth of disruption and change facing...
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, will discuss new ways of thinking and the approaches needed to address the emerging challenges of securit...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business. Though, IoT is far more complex than most firms expected with a majority of IoT projects having failed. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, Chief IoTologist at Wipro, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology portfolios and business models to adopt and leverage IoT. He will delve in...
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.