Austrian Institute of Economic Research

Regions Bank Launches Initiative to Grow Black-Owned Businesses in Its Headquarters City

Retrieved on: 
Thursday, April 6, 2023

Regions Bank on Thursday announced the launch of a new initiative designed to support, complement and advance work that is under way to foster more Black-owned businesses in the bank’s headquarters city.

Key Points: 
  • Regions Bank on Thursday announced the launch of a new initiative designed to support, complement and advance work that is under way to foster more Black-owned businesses in the bank’s headquarters city.
  • View the full release here: https://www.businesswire.com/news/home/20230406005157/en/
    Kendra Key joined Regions Bank as a Senior Vice President in the company’s Community Affairs division and will lead the Birmingham Black-Owned Business Initiative.
  • The initiative will specifically aim to reach entrepreneurs throughout the Magic City, including and especially in underserved neighborhoods.
  • “We saw through the pilot launch of Prosper’s Magic City Match program that Black-owned businesses are ready to grow, compete and succeed in the marketplace.