Today's Date: August 2, 2021
A Career Dealing with Death and Dying Gives You a Unique Perspective on Life   •   P&G Announces Fourth Quarter and Fiscal Year 2021 Results   •   The State of Black Business: New Survey Finds Progress, Challenges   •   The World Gave Her Nothing to Work With, But Her Lord Gave Her Everything   •   Minister Chagger makes statement on first National Emancipation Day   •   Meet Margaret Darawanda, a Dedicated Akashinga Ranger, on World Ranger Day.   •   Fresh Air Miracle for Classical Tahoe 2021 Festival and Music Institute July 30 - August 15   •   CrossFit Crowns Fittest Men and Women From 24 Age Group & Adaptive Divisions at 2021 NOBULL CrossFit Games   •   Jon R. Moeller Elected P&G President and Chief Executive Officer   •   ComEd and Metropolitan Mayors Caucus Offer Grants to Illuminate Community Holiday Lighting Events   •   Statement by the Prime Minister on Emancipation Day   •   Polaris and Rhino-Rack® Announce Exclusive Line of Storage Solutions for RANGER and GENERAL Vehicles   •   Global Wealth Advisors’ Tom Kennedy Elected to United Against Human Trafficking Board   •   Greenberg Traurig and ROMBA Host LGBT+ Workplace Management Webinar   •   Bobbie Evolves the Conversation Around How We Feed Our Babies to be More Inclusive of All Parents   •   STAPLES Center Partners With County of Los Angeles and Fulgent to Provide Free COVID-19 Vaccinations to Community and Concertgoe   •   Healthline Media Deepens Commitment to Black Mental Health with Investment in BEAM Black Wellness Innovation Fund   •   Post COVID-19 Security Services Market Procurement Research Report | SpendEdge   •   Port Houston Reopens Container Terminals   •   Chinese Giants GAC and Huawei Will Work Together to Develop a Smart SUV
Bookmark and Share

Comerica Bank Empowers Moms and Daughters Through Financial Education Program

Comerica Bank Empowers Moms and Daughters Through Financial Education Program

PR Newswire

DALLAS, June 11, 2021 /PRNewswire/ -- Comerica Bank and Southern California nonprofit PF Bresee Foundation are demonstrating how financial education can serve as a catalyst for change with the creation of the Women in Charge Financial Empowerment Camp. Mothers and their daughters will participate in a six-week camp designed to educate and empower with the goal of improving credit and increasing savings.

The inaugural Women in Charge Financial Empowerment Camp, beginning June 14, will share the importance of budgeting, credit impact and debt management with the help of Comerica's Money $ense curriculum. The camp will also leverage FamilySource Center CARES counselors to educate participants on how to take advantage of private and public benefits programs such as CalFresh, SoCal Gas utility discount and DWP energy savings programs.

"Financial education is a powerful tool and we are excited to partner with PF Bresee Foundation to share these important lessons in a unique and impactful way," said Comerica Bank Chief Community Officer Irvin Ashford, Jr. "Comerica is committed to building up its communities and there is no greater way to make a lasting impact than investing in individuals to help them achieve financial stability."  

At the conclusion of the program, participants will look to increase their credit score by 10 points and increase savings by $100. Those achieving the two goals will receive $100. The camp's six lessons include: Making A Budget Work; Shopping for Groceries on a Budget; Debt Management; Programs to Help Reduce Expenses; Credit Scores and Reports; and Identity Theft.

"In a time where a pandemic has exacerbated the financial security of our families, Women in Charge provides tools necessary to thrive," said Seth Eklund, Executive Director of the PF Bresee Foundation. "Focusing on the women and budget implementers of their households is to strengthen the success of each family."

Support for the Women in Charge Financial Empowerment Camp was developed as a result of Comerica's COVID-19 relief contributions which focused on nonprofit organizations targeting women, young girls and seniors. Earlier this year, Comerica and the Comerica Charitable Foundation announced a commitment of $16 million aimed at supporting small businesses and communities impacted by the pandemic. Comerica's two-year total of COVID-19 contributions has reached $27 million spread across its five-state footprint of Arizona, California, Florida, Michigan and Texas.

About Comerica Bank

Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $86.3 billion as of March 31, 2021.

About PF Bresee Foundation

Founded in 1982, Bresee was created by community leaders to address systemic disadvantages faced by local residents. Over the past 39 years, Bresee has grown from a grassroots drop-in tutoring program to keep local youth off the streets after school, to a robust organization offering a holistic approach to uplift Central Los Angeles residents to achieve not only immediate socio-economic stability, but long-term prosperity.

Today, Bresee's mission is to battle poverty by empowering youth and families in Los Angeles with the skills, resources and relationships necessary to thrive. To pursue this mission, Bresee offers diverse services under three program divisions: Youth Services, Family Services and Gang Prevention.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/comerica-bank-empowers-moms-and-daughters-through-financial-education-program-301310857.html

SOURCE Comerica Bank



Back to top
| Back to home page
Video

White House Live Stream
LIVE VIDEO EVERY SATURDAY
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Video

LIVE BROADCASTS
Sounds Make the News ®
WAOK-Urban
Atlanta - WAOK-Urban
KPFA-Progressive
Berkley / San Francisco - KPFA-Progressive
WVON-Urban
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
WADO-Spanish
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WOL-Urban
Washington - WOL-Urban

Listen to United Natiosns News