Economic Empowerment CSR News

Village Capital, MetLife Foundation, and PayPal Launch Finance Forward

Summary: 

Multi-year coalition will provide targeted business development support, grants, and equity to more than 100 financial health entrepreneurs on five continents

Press Release

Multi-year coalition will provide targeted business development support, grants, and equity to more than 100 financial health entrepreneurs on five continents

Alaska Homeownership to Get $3.3 Million Boost

NeighborhoodLIFT program to offer homebuyer education plus $10,000 down payment assistance grants for Alaska homebuyers; $12,500 grants for veterans, military, teachers and first responders
Press Release

ANCHORAGE, Alaska, Aug. 7, 2019 /3BL Media/ – Wells Fargo & Company (NYSE:WFC), NeighborWorks® America and its network member NeighborWorks Alaska HomeOwnership Center today announced the NeighborhoodLIFT® program will launch for Alaska with a $3.3 million philanthropic commitment by Wells Fargo to boost homeownership.

Majority of Small Businesses Show Customer Appreciation by Giving to Communities, TD Bank Study Finds

In an increasingly digital age, in-person and written 'thank yous' still dominate
Press Release

CHERRY HILL, N.J., August 5, 2019 /3BL Media/ – According to a recent survey, 73 percent of small businesses provide support to local charitable and communal causes to show their commitment to giving back and to express appreciation to customers and the community. The study, conducted by TD Bank, America's Most Convenient Bank®, revealed that even though small businesses typically have fewer resources than larger companies, they still donate money, time and resources to support these causes.

Scotiabank Turns to Dollar Market for Its First Green Bond

By Esteban Duarte
Summary: 
  •  Sale follows report on sustainable financing from expert panel
  •  Lender’s inaugural green security is also bail-in eligible
Article
  •  Sale follows report on sustainable financing from expert panel
  •  Lender’s inaugural green security is also bail-in eligible

Wells Fargo Donates $500,000 for Chicago Housing, Education and Neighborhood Revitalization

Chicago NeighborhoodLIFT® program awards local initiative grants to four nonprofits serving the Austin community
Press Release

CHICAGO, August 1, 2019 /3BL Media/ – Wells Fargo & Company (NYSE: WFC) today announced $500,000 in donations to four local nonprofits to support housing, education and neighborhood revitalization for Chicago residents.

“The work being done by these nonprofits will empower families and individuals by providing new opportunities in key areas such as housing, education, community resources and more,” said Nirag Patel, Wells Fargo community banking district manager in Chicago. “We’re hopeful this effort will make a positive impact in the Austin neighborhood of Chicago.”

People Power Microcredit: Behind the Scenes in Latin America

Blog

This year, we are bringing you People Power Microcredit, a newsletter series that goes behind the scenes to show you the incredible people driving our mission forward. You will meet volunteers, Field Credit Officers, Whole Planet Foundation Team Members, and others dedicated to eradicating poverty and empowering entrepreneurs. This month, meet two field credit officers in Latin America who received recent nominations for Whole Planet Foundation’s Field Credit Officer Awards in their region.

Daniel’s Story

Wells Fargo Donates Additional $7.9 Million for Small Business Growth

Diverse Community Capital program already supports 16,000 business loans, helped create more than 103,000 jobs across country
Press Release

SAN FRANCISCO, July 26, 2019 /3BL Media/ - Wells Fargo announced another new boost to diverse small businesses today with $7.9 million in grants from its Diverse Community Capital program, which offers

Everything You Need to Know About Elder Fraud

Article

Financial scams are widespread, meaning consumers always need to stay on guard when it comes to their personal finances. Yet the scale of elder fraud and financial abuse in the U.S. makes it difficult for older Americans to address all the risks that come their way. Whether through fake IRS phone scams or a deceptive marketing campaign, elderly Americans are often the target of con artists and financial fraudsters.

Bridging School and Workplace Experiences: Career Days Offer Learning Opportunities for Students and Associates

Blog

Every year, T. Rowe Price provides hundreds of high school students across the globe an opportunity to participate in a Career Day, an event designed to provide them with insight into the professional workforce and help them develop workplace skills. The firm recently hosted events in Baltimore, Colorado Springs, Sydney, and London.

Infographic | Whole Planet Foundation and Partners Alleviating Global Poverty Through Microcredit

Blog

Every quarter Whole Planet Foundation aggregates field metrics from our microfinance partners who are disbursing and collecting microcredit loans to people living in poverty.

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