Regions Financial Corporation, which operates 1,700 bank branches and 2,400 ATM’s in 16 states, entered into a partnership with six historically Black colleges and universities. Regions is based in Birmingham, Alabama and brings in billions of dollars every year.
The partnership includes Alabama A & M University, Alabama State University, Florida A & M University, Jackson State University, Spelman College and Tennessee State University.
During the program, the bank will launch a financial education curriculum at the partnering institutions. Regions Financial will mentor students, recruit students and graduates for employment and internship positions. A lecture series will be created with business schools at the institutions.
Regions Financial already has other partnerships with the United Negro College Fund, the National Urban League, and the National Black MBA Association. It is also the official bank of the Magic City Classic, a football game between HBCU’s in Birmingham, Alabama.
The financial corporation plans to add more HBCU’s to the program in the coming years.