Serving the Community in a Multitude of Ways - Seite 2

Workforce matters were a common thread with all the speakers and a topic that received a lot of engagement from the participants. Dwight Julbert, head of Human Resources Operations at Regions, led a panel of human resources specialists to discuss issues around many aspects of human capital management.

"The topic of hiring, training, retaining, as well as managing performance of employees was especially relevant to me as a nonprofit director," said Jennifer Sumner, executive director of Pathways, an organization that serves homeless women and children.

The meeting wrapped up with a cautionary presentation about about fraud - another subject that affects businesses large and small. According to Jeff Taylor, head of Commercial Fraud Forensics and Payment Strategy at Regions, fraud is a pervasive threat for individuals, families, governments and businesses. Nonprofits are particularly vulnerable due to "limited resources for combating fraud and an unwavering focus on their mission to do good," Taylor said.

Taylor spoke about the dangers of insider fraud, payment fraud, check fraud, ransomware and business email compromise. He shared tips and strategies to stop the bad guys, including a very simple reminder: Stop, Call and Confirm. Taylor advised the group, "Before proceeding with a suspicious transaction, stop what you're doing, call a number you already know to verify the request and confirm with a person that the transaction is legit."

Wendi Boyen, Community Development Lending and Investment leader at Regions, organized the event, which expanded on a concept she put in place recently with Regions' support of Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs).

I feel that Regions did an excellent job addressing the issues that nonprofits face each day.

Jennifer Sumner, executive director of Pathways

In June, Boyen and Abrahams hosted a CDFI Convening where bank leaders engaged with CDFI and MDI executives on timely topics such as risk management, balance sheet management, economic and market conditions, consumer lending, deposit pricing, strategic planning, liquidity and technology.

"We're pleased to provide financial support to all these organizations, but we're hearing from them that brainstorming with bankers and networking with each other can be just as helpful, if not more so, as they navigate challenging economic and operational issues," Boyen said.

Based on their feedback, the participants of the Important Insights seminar agreed.

"I feel that Regions did an excellent job addressing the issues that nonprofits face each day, from political impact to human relations, and the need to protect our organizations against the threats of accessing secure information that could impact lives," Sumner said. "We greatly appreciate our relationship with Regions Bank."

Foto: Accesswire

View additional multimedia and more ESG storytelling from Regions Bank on 3blmedia.com.

Contact Info:
Spokesperson: Regions Bank
Website: https://www.3blmedia.com/profiles/regions-bank
Email: [e-mail]

SOURCE: Regions Bank

View the original press release on accesswire.com


The Regions Financial Stock at the time of publication of the news with a raise of +2,63 % to 18,56USD on Tradegate stock exchange (21. März 2024, 22:26 Uhr).