financial education

Comerica Launches Financial Education Partnership With African American Museum of Dallas

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Comerica launched its financial education partnership with the African American Museum of Dallas this week, facilitating workshops for the Science of Art Summer Camp participants. Financial Education Brigade members taught close to 40 students basic money management principles from the Comerica Money $ense program.

SunTrust Foundation Awards $275,000 Grant to YMCA of East Tennessee for Youth Development

Press Release

KNOXVILLE, Tenn. July 9, 2019 /3BL Media/ — The SunTrust Foundation announced today a $275,000 grant to the YMCA of East Tennessee to expand its youth development programs that focus on financial wellness, academics, leadership and well-being. On behalf of the SunTrust Foundation, Harry Gross, SunTrust Bank Knoxville market president, presented Jim Dickson, CEO of YMCA of East Tennessee, with the grant at a special event Tuesday, July 9, at West Side Family YMCA in Knoxville.

Making a Greater Community Impact

Wells Fargo is concentrating its philanthropic power to help solve three critical issues: housing affordability, financial health, and small business growth.
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Wells Fargo is evolving its philanthropic strategy to help solve three pressing issues affecting individuals, families, and underserved communities across the U.S. — housing affordability, financial health, and small business growth — the company announced June 5.

Salute to Service Members, Spouses and Veterans: Wells Fargo’s Commitment to Financial Readiness

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By Darlene Goins, senior vice president and head of Hands on Banking® at Wells Fargo

In recognition of National Military Appreciation Month, the National Foundation for Credit Counseling (NFCC) just released results from its 2019 Military Financial Readiness Survey, and they were surprising.  The survey, conducted by Harris Poll and sponsored by Wells Fargo, found that:

  • Nearly 9 in 10 active service members and 84% of spouses or partners have worries about personal finances.

Houston Homeownership to Get $6.1 Million Boost

NeighborhoodLIFT® program will offer homebuyer education plus $15,000 down payment assistance grants for eligible Houston homebuyers; special parameters for veterans, military, teachers and first responders
Press Release

HOUSTON, February 25, 2019 /3BL Media/ – Wells Fargo & Company (NYSE:WFC), NeighborWorks® America and its local network members today announced the NeighborhoodLIFT® program will expand for Houston with a $6.1 million commitment by Wells Fargo to boost local homeownership. NeighborWorks America network members Avenue, Fifth Ward CRC and Tejano Center will administer the $15,000 down payment assistance grants, determine eligibility and provide homebuyer education.

Wells Fargo Contributes $350,000 for Boston-Area Housing, Revitalization Efforts

Local initiative grants are part of the NeighborhoodLIFT® program effort to boost sustainable homeownership in Boston
Press Release

BOSTON, January 29, 2019 /3BL Media/– Wells Fargo & Company (NYSE: WFC) today announced a total of $350,000 in donations for two local nonprofits to support homeownership counseling and financial education for aspiring homeowners in the Boston area.

Why Financial Literacy Matters

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Financial literacy is a key pillar for financial inclusion, and a critical success factor to achieve at least nine of the 17 United Nations Sustainable Development Goals (SDGs). For instance, eliminating poverty and achieving gender equality is simply not possible when two thirds of adults worldwide remain financially illiterate and women continue to trail men in financial decision making.

Thriving to Succeed – Microfinance Company Empowers Zimbabwean Women to Achieve Financial Independence

Thrive Microfinance tailors finance products to low income women in Zimbabwe which helps them open and grow businesses, afford safe housing and build their economic independence
Press Release

HARARE, Zimbabwe, December 20, 2018 /3BL Media/ - Thrive, a microfinance business based in Harare, Zimbabwe believes in lending that leads to economic growth for women and girls who would ordinarily fail to access financial services from the mainstream financial sector.  Thrive joins Business Call to Action with a commitment that will provide microenterprise loans and borrowing and business management training for 16,500 economically active low-income women and girls.

Wells Fargo Surpasses $130 Million in Donations to Veteran-Related Nonprofits

Company’s financial education program reached 1 million service members and families
Press Release

SAN FRANCISCO,  November 8, 2018 /3BL Media/ – In honor of Veterans Day, Wells Fargo & Co. (NYSE: WFC) announced the company has donated a total of more than $130 million since 2012 to support military- and veteran-related nonprofits focused on housing initiatives, career transition and financial education.

Highlights include:

  • Donated more than 350 mortgage-free homes, valued at more than $55 million, to veterans in all 50 states.

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