Avoiding a cycle of debt. Trying to build savings. Managing day-to-day spending. Paying for college. Planning for retirement. At all stages of life, people are always making financial decisions.
Problem is, they are not always prepared.
Regions Bank works year-round to connect people with free financial education to help them manage their money. And nonprofit organizations across our communities share that goal.
So throughout April, which is Financial Literacy Month, Regions is highlighting the work of 18 nonprofits that take their own unique approach toward helping people learn the essentials of money management while growing their savings over time.
It’s part of a program called “What a Difference a Day Makes.” Here on Doing More Today, and through @RegionsBank on Twitter, Regions is sharing brief articles showing how these nonprofits are reaching people throughout their communities.
Readers can learn more about each nonprofit at this link. Then, people ages 16 and over can vote once each day for their favorite organization. Those votes, when tallied, will translate into financial and volunteer contributions for the nonprofits from Regions.
“Financial literacy leads to financial empowerment,” said Keith Herron, head of Corporate Responsibility and Community Engagement for Regions. “Throughout the year, Regions associates are in our communities helping people learn skills and habits that can help them grow their savings and reach financial goals. The nonprofit organizations in the What a Difference a Day Makes contest share our vision for creating more inclusive prosperity. We are proud to offer this program as a way to support these nonprofits, and we encourage the public to learn more about them and, through their online votes, help us build on this support.”
Voting is underway now and continues through April 30. After voting concludes, the nonprofit with the greatest number of votes will receive a $5,000 grant from Regions. All other contestants will receive grants of $500 or $1,000 based on their ranking. Further, Regions associates will provide a day of volunteer service to each participating organization.
Voters should live in any of the 15 states across the Southeast, Midwest and Texas, where Regions Bank operates branch offices. Top nonprofits will be announced in early May.
Financial education is one of Regions’ top priorities in terms of community engagement. Over the last five years, Regions has taught more than 300,000 Next Step financial wellness classes and helped more than 4 million people better understand financial topics.
Further, volunteer support is ingrained within the culture of Regions Bank. Each year, Regions associates company-wide provide tens of thousands of volunteer service hours to a variety of nonprofits. Also, part of “What a Difference a Day Makes” includes Regions providing each of its associates a paid day off every year to offer volunteer support for nonprofits.
More information and complete contest rules can be found here.