Click here to close now.


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 or visit to learn more.


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
As organizations shift towards IT-as-a-service models, the need for managing & protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection & E-Discovery of your data - whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise.
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, explored the IoT cloud-based platform technologies driving t...
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at, explored the value of Kibana 4 for log analysis and provided a hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He examined three use cases: IT operations, business intelligence, and security and compliance. Asaf Yigal is co-founder and VP of Product at log analytics software company In the past, he was co-founder of social-trading platform Currensee, which...
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Su...
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
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...
In recent years, at least 40% of companies using cloud applications have experienced data loss. One of the best prevention against cloud data loss is backing up your cloud data. In his General Session at 17th Cloud Expo, Sam McIntyre, Partner Enablement Specialist at eFolder, presented how organizations can use eFolder Cloudfinder to automate backups of cloud application data. He also demonstrated how easy it is to search and restore cloud application data using Cloudfinder.
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, exploreed the current state of IoT connectivity and review key trends and t...
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessi...
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on about how much data there is, in his General Session at 17th Cloud Expo, Scott Cleland, Senior Director of Product Marketing at HGST, showed how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources.