{"id":25503,"date":"2022-08-10T14:06:39","date_gmt":"2022-08-10T08:36:39","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=25503"},"modified":"2022-08-10T14:14:41","modified_gmt":"2022-08-10T08:44:41","slug":"delta-airlines-partnership-with-citizens-trust-bank-to-resume-building-economic-mobility","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/08\/10\/delta-airlines-partnership-with-citizens-trust-bank-to-resume-building-economic-mobility\/","title":{"rendered":"Delta Airline\u2019s partnership with Citizens Trust Bank to resume building economic mobility\u00a0"},"content":{"rendered":"\n<p><strong>Delta Air Lines will partner with Atlanta-based Citizens Trust Bank to create economic opportunities for the city\u2019s underbanked community by investing $100 million through its pension plan into J.P. Morgan\u2019s Empower money market share class.<\/strong><\/p>\n\n\n\n<p><em>The Empower share class was established as part of J.P. Morgan Asset Management\u2019s Empowering Change program to bring new economic opportunities to underserved communities.&nbsp;<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-citizens-trust-bank\">Citizens Trust Bank<\/h2>\n\n\n\n<p>The partnership will give new capital to strengthen Citizens Trust Bank\u2019s mission to promote economic development and stability in the community. It reinforces Delta\u2019s commitment to racial equity by bringing new business and economic opportunities to those who have historically been denied access to banks and economic institutions.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"540\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Delta-airlines.jpg\" alt=\"\" class=\"wp-image-19111\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Delta-airlines.jpg 1024w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Delta-airlines-600x316.jpg 600w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Delta-airlines-300x158.jpg 300w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Delta-airlines-768x405.jpg 768w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/Delta-airlines-750x396.jpg 750w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption><strong>Delta Air Lines<\/strong> | Aviationa2z.com<\/figcaption><\/figure>\n\n\n\n<p>\u201cAs a company with deep roots in Atlanta, we know the power of joining with partners like <a href=\"https:\/\/ctbconnect.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Citizens Trust Bank<\/a> to invest in our communities, including those who have long been overlooked by traditional institutions,\u201d told Jonathan Glidden, Delta\u2019s Managing Director of Pensions.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>\u201cThe JP Morgan Empowering Change program provided an opportunity for Delta\u2019s pension dollars to make a difference in our local community without impacting our pension returns.\u201d&nbsp;<\/li><\/ul>\n\n\n\n<p>Through Delta\u2019s investment, Citizens Trust Bank is estimated to earn $100,000 annually from interest, expanding the bank\u2019s ability to offer business loans and other economic services, fueling economic development, entrepreneurship, and job creation in the community.&nbsp;<\/p>\n\n\n\n<p><strong>Also, read   <\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong><a href=\"https:\/\/aviationa2z.com\/index.php\/2022\/08\/05\/latam-brasil-announce-to-restart-of-flights-service-between-santiago-and-curitiba\/\" target=\"_blank\" rel=\"noreferrer noopener\">LATAM Brasil announced to restart flight services between Santiago and Curitiba<\/a>      <\/strong><\/li><li><strong><a href=\"https:\/\/aviationa2z.com\/index.php\/2022\/08\/03\/spicejet-in-talks-with-middle-eastern-carrier-for-possible-stake-sale\/\" target=\"_blank\" rel=\"noreferrer noopener\">SpiceJet in talks with Middle Eastern carrier for possible stake sale<\/a>    <\/strong><\/li><li><strong><a href=\"https:\/\/aviationa2z.com\/index.php\/2022\/05\/13\/helicopter-crashes-in-chhattisgarh-2-pilots-dead\/\" target=\"_blank\" rel=\"noreferrer noopener\">Helicopter crashes in Chhattisgarh, 2 pilots dead<\/a><\/strong><\/li><\/ul>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-1 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<p>\u201cDelta\u2019s collaboration with Citizens Trust Bank further helps our mission to bring economic opportunities to our community,\u201d said Cynthia N. Day, Citizens Trust Bank President and &amp; CEO. \u201cWe are proud to partner with a company like Delta that aligns with and trusts our commitment to promote economic equality, provide businesses with access to capital and be a solution for reducing a widening wealth gap in black communities. &nbsp;We hope this partnership inspires others to join us in building stronger communities together. We applaud and appreciate <a href=\"http:\/\/www.delta.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Delta <\/a>for their support.\u201d&nbsp;<\/p>\n<\/div>\n<\/div>\n\n\n\n<p>The number of Black-owned and led banks in the United States has been declining at an alarming rate. This decline has left Black communities with limited access to banking and exacerbated a wealth and funding gap. This investment in Citizens Trust Bank will help close that gap and provide more equitable access to capital.&nbsp;<\/p>\n\n\n\n<p>Founded in 1921, Citizens Trust Bank is one of the nation\u2019s oldest Black-owned banks. For more than a century, it has provided critical financial services to Black-owned businesses and institutions in Atlanta and beyond. It was the first Black-owned bank to become a member of the Federal Deposit Insurance Corporation and the Federal Reserve Bank.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-delta-s-partnership-with-citizens-trust-bank\">Delta\u2019s partnership with Citizens Trust Bank <\/h2>\n\n\n\n<p><a href=\"http:\/\/www.delta.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Delta\u2019s <\/a>partnership with Citizens Trust Bank and Empower Change program is the latest example of its commitment to actively seek diversity, boldly pursue equity and consciously promote inclusion in all aspects of our business. &nbsp;&nbsp;<\/p>\n\n\n\n<p>Celebrating over hundred years in the community, Citizens Trust Bank remains committed to providing personalized service and financial solutions to meet the community\u2019s growing requirements.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/delta-plane-press-image-DELTANOTE0621-1-1024x683.jpg\" alt=\"\" class=\"wp-image-19109\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/delta-plane-press-image-DELTANOTE0621-1-1024x683.jpg 1024w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/delta-plane-press-image-DELTANOTE0621-1-600x400.jpg 600w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/delta-plane-press-image-DELTANOTE0621-1-300x200.jpg 300w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/delta-plane-press-image-DELTANOTE0621-1-768x512.jpg 768w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/delta-plane-press-image-DELTANOTE0621-1-1536x1024.jpg 1536w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/delta-plane-press-image-DELTANOTE0621-1-750x500.jpg 750w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/delta-plane-press-image-DELTANOTE0621-1-1140x760.jpg 1140w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/03\/delta-plane-press-image-DELTANOTE0621-1.jpg 1800w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption><strong>Delta Air Lines | Aviationa2z.com<\/strong><\/figcaption><\/figure>\n\n\n\n<p>Through a legacy built on economic equality and well-being, we go beyond meeting the needs of offering banking solutions; our mission is to empower our customers and future generations for economic success.<\/p>\n\n\n\n<p><strong>Through its parent company, Citizens Bancshares Corporation, the Bank offers its common stock over the counter to the public under the trading symbol CZBS and can be found at www.ctbconnect.com.&nbsp;<\/strong><a href=\"https:\/\/thenews.upexampaper.com\/how-to-get-higher-mobile-banking-scores-on-google-play-the-app-store-more-news\/\"><\/a><\/p>\n\n\n\n<p><strong>Thank you<\/strong><\/p>\n\n\n\n<p><strong>Stay updated with <a href=\"https:\/\/aviationa2z.com\/index.php\/2022\/08\/10\/indigo-flight-from-jaipur-to-bengaluru-receives-a-false-bomb-threat-just-before-landing-exclusive\/\" target=\"_blank\" rel=\"noreferrer noopener\">Aviationa2z.com<\/a><\/strong><\/p>\n\n\n\n<p><strong>Join our <a href=\"https:\/\/t.me\/aviationa2z\" target=\"_blank\" rel=\"noreferrer noopener\">Telegram group <\/a>for the latest updates<\/strong><a href=\"https:\/\/thenews.upexampaper.com\/green-banks-get-the-green-light-under-the-inflation-reduction-act-more-news\/\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Delta Air Lines will partner with Atlanta-based Citizens Trust Bank to create economic opportunities for the city\u2019s underbanked community by investing $100 million through its pension plan into J.P. Morgan\u2019s Empower money market share class.<\/p>\n","protected":false},"author":3,"featured_media":19110,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6761],"tags":[392,79,2030,393,7079,5814,238,81],"class_list":{"0":"post-25503","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-airlines-news","9":"tag-aviation","10":"tag-aviation-a2z-news","11":"tag-aviation-news","12":"tag-citizens-trust-bank","13":"tag-delta-air-lines","14":"tag-delta-airlines","15":"tag-latest-aviation-news"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/25503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=25503"}],"version-history":[{"count":3,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/25503\/revisions"}],"predecessor-version":[{"id":25506,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/25503\/revisions\/25506"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/19110"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=25503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=25503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=25503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}