NASHVILLE, Tenn. (TSU News Service) – Tennessee State University is partnering with Regions Bank and Alpha Kappa Alpha Sorority, Incorporated to help college students and underserved communities build financial wealth.
The groups officially announced the agreement during the Financial Education and Empowerment workshop on Wednesday at Tennessee State.
Before the workshop, which was sponsored by the Alpha Psi Undergraduate Chapter of Alpha Kappa Alpha, TSU President Glenda Glover received a $25,000 check from Regions Bank that will be used for student scholarships. Glover is also the international president of AKA.
TSU students joined leaders from Regions and AKA for the event.
“TSU is extremely proud to have Regions Bank as a partner to provide the tools and resources to promote financial stability for our students, and our communities,” Glover said.
“Alpha Psi, along with all AKA chapters, will serve as a network to host financial education workshops with Regions to promote and engage students and underserved communities on best practices when it comes to spending, saving and credit building.”
TSU senior Morgan Courtney of Detroit said she appreciated the workshop, particularly discussion about maintaining a good credit score, and managing finances.
“Building your credit now is very helpful for your future, and understanding financial literacy is also very important for college students; all people, actually,” Courtney said.
Organizers said the workshops will begin locally on college campuses and increase to encompass underserved neighborhoods in cities across the country. As part of the program, financial professionals from Regions will work with Alpha Kappa Alpha to deliver high-quality, cost-free financial training through interactive workshops for students and the community. The goal is to help more people achieve financial security and build savings.
“Financial education leads to financial empowerment,” said Latrisha Jemison, Regional Community Development and Partnerships Manager for Regions Bank. “No matter what stage of life you are in, the time to prepare for your financial future is now. And no matter how much, or how little, you have to begin with, we want this program to offer a place where you can find the insights, tools, compassion, understanding and resources that can help you save more, spend wisely and reach your goals.”
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With more than 8,000 students, Tennessee State University is Nashville’s only public university, and is a comprehensive, urban, co-educational, land-grant university offering 38 bachelor’s degree programs, 24 master’s degree programs and seven doctoral degrees. TSU has earned a top 20 ranking for Historically Black Colleges and Universities according to U.S. News and World Report, and rated as one of the top universities in the country by Washington Monthly for social mobility, research and community service. Founded in 1912, Tennessee State University celebrated 100 years in Nashville during 2012. Visit the University online at tnstate.edu.