At Truist we believe sharing ideas, respecting diverse perspectives and listening to others builds a stronger organization that reflects the communities we serve and helps us succeed as one team.
We further illustrate that belief in our Truist theme for Hispanic Heritage Month – Juntos: Together We Inspire. Our Hispanics Organizing Purpose & Engagement (HOPE) business resource group has organized events for all teammates to recognize Hispanic Heritage Month.
We’re excited to share WORD Force, a no-cost digital early literacy program created with our strategic partner EVERFI, is now available for educators, families and community-based organizations to use at home and outside of the classroom.
It was a two-Kleenex moment for Allan Tanenbaum. “One of the great things we have in life is memories,” he says, grabbing a tissue and reminiscing about his friend, Henry Louis Aaron.
“I’ve been having those memories every day since January 22, 2021,” Tanenbaum says. When Aaron, 86, passed away at his home in Atlanta in January, he left a giant legacy both on the field and off, especially for those closest to him.
NEW YORK, August 17, 2021 /3BL Media/ - Grameen America, a nonprofit community development financial institution helping low-income women entrepreneurs build small businesses, announced today it has received a $1.5 million grant from Truist Foundation to strengthen its current program model to empower Black women entrepreneurs.
More than 48,000 teammates have received over $21.5 million through Truist Momentum to help build better lives and plan for the future
CHARLOTTE, N.C., August 6, 2021 /3BL Media/ - Truist Financial Corporation (NYSE: TFC) announced today that the company’s teammates have received more than $21.5 million since 2014 through Truist Momentum—a program designed to help employees plan for the future by creating emergency savings accounts, improving credit scores and preparing for retirement. Of the teammates who participated in this premier workplace financial wellness program, 98% opened an emergency savings account after completing the program compared to 68% before the program.
CornerSquare Community Capital is a nonprofit fund launched in 2020 by the NC Rural Center to support the CDFI and Minority Depository Institutions (MDI) industry and increase small business lending. The program does this through a unique strategy with long-term impact by reducing the lender’s risk and increasing their available capital through the purchase of (a subordinate position of) up to 25% of eligible loans.
Truist’s second annual Corporate Social Responsibility (CSR) and Environmental, Social and Governance (ESG) report shares advancements in DEI, environmental sustainability and climate change, governance, community involvement and financial inclusion
CHARLOTTE, N.C., July 29, 2021 /3BL Media/ - Truist Financial Corporation (NYSE: TFC) today released its 2020 CSR and ESG Report, highlighting the company’s meaningful progress on ESG performance and disclosure and a continued, intense focus on community involvement and financial inclusion as the company continues to help people and companies emerge from the impacts of the global COVID-19 pandemic.
Truist has released our inaugural Supplier Diversity Economic Impact Report, sharing how we drive innovation, help small businesses grow and support local economies. We've accomplished much of this by partnering with certified diverse-owned businesses when relying on services or products from third-party suppliers.
In 2020, our diverse supplier relationships helped create a total of $1 billion in economic impact.1 This impact includes $579 million in spend supporting nearly 10,000 jobs, resulting in more than $400 million in wages for small business employees.
NCIA’s Herb Hoelter and the Truist Foundation team up to fight homelessness and provide economic mobility through vocational training centers.
Two years ago, Herb Hoelter was walking through downtown Charlotte between business meetings. On the way to his next appointment, Herb passed one of the Queen City’s largest bus depots. To his surprise, inside the station were hundreds of homeless people seeking shelter. In one of the country’s fastest growing cities, Herb saw the other side of the coin.
“In that moment, I had to make an impact in Charlotte,” said Hoelter, founder of the National Center on Institutions and Alternatives (NCIA).