TD Bank, America’s Most Convenient Bank® and National Urban League announced a new, five-year agreement focused on accelerating existing Urban League initiatives aimed at providing economic opportunities for low-to-moderate income individuals through workforce development, entrepreneurship and homeownership.
“At TD Bank, we are committed to enriching the lives of our customers, colleagues and communities, and supporting organizations who are focused on doing the same,” says Leo Salom, president and CEO, TD Bank. “The work the National Urban League is doing has never been more important, and I’m excited to have the opportunity to work alongside them to accelerate their efforts over the next five years.”
The relationship includes membership opportunities for TD Bank on the National Urban League’s Board of Trustees, Corporate Advisory Council and Urban Solutions Council, and in 2022, the bank will provide local grants to Legacy Urban League Centers including New York Urban League, Urban League of Philadelphia, Greater Baltimore Urban League, and Jacksonville Urban League, in an effort to provide additional support to underserved communities across the Bank’s footprint.
“The collaboration with TD Bank extends far beyond dollars donated and we look forward to engaging with leaders and leveraging their industry expertise to inform the important work taking place across the League,” says National Urban League President and CEO Marc H. Morial. “TD Bank and the National Urban League share a commitment to economic empowerment for all individuals, and I am excited to partner together to affect real change in the coming years.”
The bank has maintained strong ties with the National Urban League and many of its local affiliates for years. In 2019, the Urban League of Broward County received a $770,000 TD Ready Challenge grant to fund its LYNX integrated service and coaching model that combines program services, artificial intelligence, data science and strategic collaboration to reduce bias and influence policies that impact low-to-moderate income households.
“I’m looking forward to building upon our existing relationship with the National Urban League to further amplify the work they are doing to help African Americans and other underserved communities achieve their dreams,” says Hugh Allen, regional president, Metro Mid-South, and Co-Lead of TD Bank’s Black Employee Network.