The Texas Bankers Foundation, the philanthropic arm of the Texas Bankers Association, presented a Cornerstone Award to Dallas-based Comerica Bank for its Gift of Knowledge project. Kevin Mondy, president and executive director of Project Still I Rise, accepted the award at the Texas Bankers Association’s 135th Annual Convention at the Fairmont in Austin.
The Gift of Knowledge, a part of Comerica’s Money $ense program, is an initiative that allows students to receive high-end and engaging financial education training, the opportunity to open their first savings account and access to Comerica Bank personnel and banking center tours. Upon successfully completing Comerica’s Money $ense program, scholars receive seed money to start a savings account at Comerica Bank.
In 2017, the Gift of Knowledge expanded thanks to a partnership with the City of Dallas, Project Still I Rise and a second nonprofit, Big Thought, with the goal of providing 1,000 Dallas low-to-moderate income students with financial education. This year, the program expanded to San Antonio, allowing even more students the opportunity for the Gift of Knowledge.
This is the 17th year the Texas Bankers Foundation has recognized Texas banks for their outstanding community involvement through the Cornerstone Award competition. Projects have included neighborhood and housing development, small business and industrial development, main street revitalization, community celebrations and support of music or theater programs.