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In the Limelight: Mike Scott

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Regions Bank Senior Community Development manager Mike Scott has been awarded the 2024 Tru-Impact Community Advocate Award by TruFund Financial Services. The recognition highlights Scott's exceptional leadership in providing capital access to underserved entrepreneurs and fostering economic growth. Based in New Orleans, Scott has spent 17 years working on community development initiatives, including affordable housing, neighborhood stabilization, and small business support programs. TruFund praised Regions as an exemplary partner in their Southern Region, noting Scott's instrumental role in creating a more equitable small business environment through mentorship and technical assistance.

Mike Scott, Senior Community Development manager di Regions Bank, ha ricevuto il Tru-Impact Community Advocate Award per il 2024 da TruFund Financial Services. Questo riconoscimento mette in evidenza la straordinaria leadership di Scott nell'offrire accesso al capitale per imprenditori svantaggiati e nel promuovere la crescita economica. Basato a New Orleans, Scott ha dedicato 17 anni a iniziative di sviluppo comunitario, tra cui alloggi a prezzi accessibili, stabilizzazione dei quartieri e programmi di supporto per piccole imprese. TruFund ha elogiato Regions come un partner esemplare nella loro Regione Meridionale, sottolineando il ruolo fondamentale di Scott nel creare un ambiente più equo per le piccole imprese attraverso mentorship e assistenza tecnica.

Mike Scott, gerente senior de desarrollo comunitario de Regions Bank, ha sido galardonado con el Tru-Impact Community Advocate Award 2024 por TruFund Financial Services. Este reconocimiento resalta el liderazgo excepcional de Scott en la provisión de acceso al capital para emprendedores desatendidos y en la promoción del crecimiento económico. Con sede en Nueva Orleans, Scott ha trabajado durante 17 años en iniciativas de desarrollo comunitario, que incluyen vivienda asequible, estabilización de vecindarios y programas de apoyo a pequeñas empresas. TruFund elogió a Regions como un socio ejemplar en su Región Sur, señalando el papel clave de Scott en la creación de un entorno más equitativo para las pequeñas empresas a través de mentoría y asistencia técnica.

Regions Bank의 커뮤니티 개발 선임 관리자 Mike Scott가 TruFund Financial Services로부터 2024 Tru-Impact Community Advocate Award를 수상했습니다. 이번 인식은 Scott의 뛰어난 리더십을 강조하며, 저소득층 기업가들에게 자본 접근성을 제공하고 경제 성장을 촉진한 점을 높이 평가합니다. 뉴올리언스를 기반으로 활동하는 Scott은 17년 동안 저렴한 주택, 이웃 안정화, 소기업 지원 프로그램 등 다양한 커뮤니티 개발 사업에 참여해왔습니다. TruFund는 Scott이 멘토링과 기술 지원을 통해 더 공정한 소기업 환경을 조성하는 데 중요한 역할을 했음을 강조하며, 자신의 남부 지역에서 Regions를 모범적인 파트너로 칭찬했습니다.

Mike Scott, directeur senior du développement communautaire chez Regions Bank, a reçu le Tru-Impact Community Advocate Award 2024 de la part de TruFund Financial Services. Cette reconnaissance souligne le leadership exceptionnel de Scott dans l’accès au capital pour les entrepreneurs défavorisés et dans la promotion de la croissance économique. Basé à La Nouvelle-Orléans, Scott a consacré 17 ans à des initiatives de développement communautaire, incluant le logement abordable, la stabilisation des quartiers et des programmes de soutien aux petites entreprises. TruFund a loué Regions comme un partenaire exemplaire dans leur Région Sud, mentionnant le rôle déterminant de Scott dans la création d’un environnement plus équitable pour les petites entreprises grâce au mentorat et à l’assistance technique.

Mike Scott, Senior Community Development Manager von Regions Bank, wurde mit dem Tru-Impact Community Advocate Award 2024 von TruFund Financial Services ausgezeichnet. Diese Auszeichnung hebt Scotts außergewöhnliche Führungsqualitäten hervor, die ihm helfen, unterversorgten Unternehmern Zugang zu Kapital zu verschaffen und das wirtschaftliche Wachstum zu fördern. Scott, der in New Orleans ansässig ist, arbeitet seit 17 Jahren an Initiativen zur Gemeinschaftsentwicklung, einschließlich günstiger Wohnraum, Stabilisierung von Stadtteilen und Unterstützungsprogrammen für kleine Unternehmen. TruFund lobte Regions als beispielhaften Partner in ihrer Südrégion und stellte Scotts entscheidende Rolle bei der Schaffung einer gerechteren Umgebung für kleine Unternehmen durch Mentoring und technische Unterstützung heraus.

Positive
  • Recognition from TruFund Financial Services validates Regions Bank's community development initiatives
  • 17-year track record of successful community partnerships and business development programs
  • Strong positioning in supporting underserved markets and small businesses
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NORTHAMPTON, MA / ACCESSWIRE / November 7, 2024 / Regions Bank
Regions Senior Community Development manager honored for creating opportunities for small-business owners and entrepreneurs in underserved areas.

By Candace Higginbotham

Who

Mike Scott, Senior Community Development manager for the West District, based in New Orleans, Louisiana

What

Scott has been selected as recipient of the 2024 Tru-Impact Community Advocate Award by TruFund Financial Services. TruFund is a Community Development Financial Institution (CDFI) that provides lending and technical assistance to create thriving and resilient small businesses and entrepreneurial ecosystems within underserved communities and among disadvantaged populations.

The Tru-Impact Community Advocate Award recognizes exceptional leadership in providing access to capital for underserved entrepreneurs and fostering economic growth and job creation in communities across the country.

Why

According to TruFund, Regions has been an exemplary partner to TruFund in their Southern Region supporting small businesses by providing access to capital, mentorship, and technical assistance. These efforts have played a crucial role in creating a more equitable small business environment.

The organization explained that Scott's individual contributions have been instrumental in driving these efforts forward. "Your leadership, dedication, and hard work have profoundly impacted the lives of many entrepreneurs and underserved communities. The innovative solutions you have championed address the pressing need for access to capital and inspire others in the field to pursue similar transformative initiatives. Your dedication and innovative approach have empowered numerous entrepreneurs and significantly contributed to the economic vitality of communities in need."

In his own words

"In my 17 years as Community Development manager at Regions, I have been part of a team doing extremely important work in the city of New Orleans. We have established long-term community partnerships with a host of organizations that are working to positively impact the community.

Specifically, we have collaborated with organizations developing affordable housing and stabilizing underserved neighborhoods. And we have supported job training, workforce development, educational and youth development programs throughout the city. And, importantly, we have supported programs that help small business owners - assisting them in growing their businesses and creating jobs.

Receiving the Tru-Impact Community Advocate Award is especially meaningful to me because small businesses are so vital to the health of our communities. Supporting small businesses in underserved communities fosters economic growth, creates local jobs, revitalizes neighborhoods, provides access to essential goods and services, and empowers community members. Small businesses are a primary source of new jobs in these communities, offering employment opportunities that might not exist otherwise, especially for residents with limited access to other employment options. When small businesses thrive in underserved areas, it can lead to increased investment, property value appreciation, and overall economic development within the neighborhood.

I'm very proud of the work we've done in this area, and I'm truly humbled and honored to be recognized by TruFund - a valuable community partner to Regions."

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: info@3blmedia.com

SOURCE: Regions Bank



View the original press release on accesswire.com

FAQ

What award did Regions Bank's Mike Scott receive in 2024?

Mike Scott received the 2024 Tru-Impact Community Advocate Award from TruFund Financial Services for his leadership in providing capital access to underserved entrepreneurs.

How long has Mike Scott worked at Regions Bank (RF) in community development?

Mike Scott has worked as Community Development manager at Regions Bank for 17 years, based in New Orleans.

What initiatives does Regions Bank (RF) support in New Orleans?

Regions Bank supports affordable housing development, neighborhood stabilization, job training, workforce development, educational programs, youth development, and small business assistance programs in New Orleans.

Regions Financial Corp.

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