Regions Financial (NYSE:RF) today announced the formation of the Regions HBCU Partnership, a collaboration with six Historically Black Colleges and Universities (HBCUs) in the Southeastern United States supporting financial education, academics, athletics, and alumni engagement.
The Regions HBCU Partnership kicks off during the fall of 2012 at the following institutions, with plans to expand the program to additional HBCUs in the future:
- Alabama A&M University
- Alabama State University
- Florida A&M University
- Jackson State University
- Spelman College
- Tennessee State University
“By preparing tomorrow’s leaders to achieve personal and professional success, Historically Black Colleges and Universities contribute greatly to both the communities they call home and the students they serve,” said John Owen, senior executive vice president and head of business lines for Regions Financial. “We look forward to strengthening our existing relationships with these outstanding institutions and supporting their efforts to advance people of all backgrounds.”
Key components of the Regions HBCU Partnership include a financial education curriculum for students; mentoring and recruiting on campus; alumni engagement through homecoming and athletic sponsorships; establishment of a financial education student chapter; and an executive lecture series in collaboration with HBCU business schools.Regions Financial has a long history of supporting higher education through philanthropy, athletic sponsorships, financial education, and scholarships. As one of the largest banks headquartered in the Southeast, Regions is uniquely positioned to engage with the HBCU community. Of the 105 HBCUs in the nation, 83 are located in the 16 states Regions serves. The Regions HBCU Partnership builds on the company’s existing relationships with a number of HBCUs and support for various events, including being the Official Bank of the Magic City Classic contested in Birmingham, Ala. Regions also partners with a number organizations including the United Negro College Fund, the National Urban League, INROADS, and the National Black MBA Association.