Fifth Third Bank, Accion Opportunity Fund to Host Fireside Chat on Resources, Options for Small Businesses
14 Ottobre 2021 - 02:30PM
Business Wire
Leaders will focus on post-pandemic recovery
for entrepreneurs of color
Fifth Third Bank and Accion Opportunity Fund (AOF), one of the
nation's leading nonprofit organizations providing small business
owners with access to capital, networks, and coaching, will host a
fireside chat on Oct. 27 on the state of small business –
specifically for entrepreneurs of color – and actions that can be
taken to help ensure a successful recovery after the pandemic.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20211014005056/en/
Kala Gibson, Head of Business Banking and
Chief Corporate Responsibility Officer, Fifth Third Bank (Photo:
Business Wire)
Fifth Third’s head of business banking and chief enterprise
corporate responsibility officer, Kala Gibson, and AOF’s chief
executive officer, Luz Urrutia, will highlight resources available.
AOF client Reign Free of Red Door Catering will moderate the
conversation.
“Collaborating with organizations like Accion Opportunity Fund
has helped us provide entrepreneurs of color vital resources as
they have navigated running a small business during a pandemic,”
said Gibson. “Small businesses are crucial to local economies and
communities, and championing entrepreneurship is core to Fifth
Third Bank. Over the past year, we have discovered solutions for
these entrepreneurs not only to stay afloat, but to succeed, in a
turbulent business environment.”
Fifth Third and AOF have worked together for several years to
support small business owners by expanding access to capital along
with coaching and educational resources to help them thrive,
including a series of educational webinars on targeted business
topics that reached thousands of small business owners.
“Entrepreneurs of color have been disproportionately affected by
the pandemic,” said Urrutia. “However, many businesses have stepped
up – including Fifth Third Bank – and developed programs and
partnerships to help these most vulnerable businesses. While we
still have a way to go, we can reflect on the progress made and
what we have learned about supporting small businesses through the
pandemic, especially how businesses are innovating and reinventing
themselves to get through the crisis.”
Fifth Third’s partnership with AOF was initiated as part of the
Bank’s five-year Community Commitment that began in 2016 and
delivered $41.6 billion in lending and investments. This included
small business lending, product innovation and enhanced
underwriting and fulfillment.
Meeting, registration details
The meeting will be held through Zoom at noon EST, Oct. 27.
Those interested in attending can register here:
https://accion.zoom.us/webinar/register/6116316306752/WN_tSS_t4XnSSqQ3y8t0Ouzwg.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio, and the indirect parent company
of Fifth Third Bank, National Association, a federally chartered
institution. As of June 30, 2021, the Company had $205 billion in
assets and operates 1,096 full-service Banking Centers, and 2,369
Fifth Third branded ATMs in Ohio, Kentucky, Indiana, Michigan,
Illinois, Florida, Tennessee, West Virginia, Georgia, North
Carolina and South Carolina. In total, Fifth Third provides its
customers with access to approximately 53,000 fee-free ATMs across
the United States. Fifth Third operates four main businesses:
Commercial Banking, Branch Banking, Consumer Lending, and Wealth
& Asset Management. Fifth Third is among the largest money
managers in the Midwest and, as of June 30, 2021, had $483 billion
in assets under care, of which it managed $61 billion for
individuals, corporations and not-for-profit organizations through
its Trust and Registered Investment Advisory businesses. Investor
information and news releases can be viewed at www.53.com. Fifth
Third’s common stock is traded on the NASDAQ® Global Select Market
under the symbol “FITB.”
About Accion Opportunity Fund
Accion Opportunity Fund works to create an inclusive, healthy
financial system that supports the nation’s small business owners
by connecting entrepreneurs to affordable capital, educational
resources, coaching and networks. Through innovative partnerships
and outreach strategies, Accion reaches entrepreneurs of color,
low-income entrepreneurs and women, who often lack access to the
financial services they need to create and build their businesses.
For more information, visit www.aofund.org.
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version on businesswire.com: https://www.businesswire.com/news/home/20211014005056/en/
Beth Oates (Media Relations) Beth.Oates@53.com |
313-230-9002
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