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
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products. Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...
Choosing the right cloud for your workloads is a balancing act that can cost your organization time, money and aggravation - unless you get it right the first time. Economics, speed, performance, accessibility, administrative needs and security all play a vital role in dictating your approach to the cloud. Without knowing the right questions to ask, you could wind up paying for capacity you'll never need or underestimating the resources required to run your applications.
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
ReadyTalk has expanded the capabilities of the FoxDen collaboration platform announced late last year to include FoxDen Connect, an in-room video collaboration experience that launches with a single touch. With FoxDen Connect, users can now not only engage in HD video conferencing between iOS and Android mobile devices or Chrome browsers, but also set up in-person meeting rooms for video interactions. A host’s mobile device automatically recognizes the presence of a meeting room via beacon tech...
Ovum, a leading technology analyst firm, has published an in-depth report, Ovum Decision Matrix: Selecting a DevOps Release Management Solution, 2016–17. The report focuses on the automation aspects of DevOps, Release Management and compares solutions from the leading vendors.
Continuous testing helps bridge the gap between developing quickly and maintaining high quality products. But to implement continuous testing, CTOs must take a strategic approach to building a testing infrastructure and toolset that empowers their team to move fast. Download our guide to laying the groundwork for a scalable continuous testing strategy.
On Dice.com, the number of job postings asking for skill in Amazon Web Services increased 76 percent between June 2015 and June 2016. Salesforce.com saw its own skill mentions increase 37 percent, while DevOps and Cloud rose 35 percent and 28 percent, respectively. Even as they expand their presence in the cloud, companies are also looking for tech professionals who can manage projects, crunch data, and figure out how to make systems run more autonomously. Mentions of ‘data science’ as a skill ...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
UpGuard has become a member of the Center for Internet Security (CIS), and will continue to help businesses expand visibility into their cyber risk by providing hardening benchmarks to all customers. By incorporating these benchmarks, UpGuard's CSTAR solution builds on its lead in providing the most complete assessment of both internal and external cyber risk. CIS benchmarks are a widely accepted set of hardening guidelines that have been publicly available for years. Numerous solutions exist t...
Deploying applications in hybrid cloud environments is hard work. Your team spends most of the time maintaining your infrastructure, configuring dev/test and production environments, and deploying applications across environments – which can be both time consuming and error prone. But what if you could automate provisioning and deployment to deliver error free environments faster? What could you do with your free time?