Community Weekly Report 9

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COMMUNITY WEEKLY REPORT

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Volume 2, Edition 9

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Inspire, Inform & Educate

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March 4 - March 10, 2021

Page 3

Comerica Bank

Appoints Summer Faussette National African American Business Development Manager Page 3

Boosting Your Child’s Confidence Can Help Them Land a Tech Job

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FINANCE

Comerica Bank Appoints Summer Faussette National African American Business Development Manager By d-mars.com News Provider

C

omerica Bank announced it has appointed Summer Faussette as its National African American Business Development Manager supporting its ongoing commitment to building strong relationships with African American business leaders, entrepreneurs and communities across all markets.

These responsibilities are an extension of Faussette's current role as Vice President, External Affairs - Arizona.

As National African American Business Development Manager, Faussette will collaborate with Comerica's African American Business Resource Groups, Chief Diversity Officer Nate Bennett, and Chief Community Officer Irvin Ashford, Jr. on building external partnerships with African American nonprofit organizations across the bank's national footprint.

"Summer brings with her a wealth of experience and knowledge, which will benefit us as we continue to support initiatives that engage African American communities across our markets," said Ashford, Jr. "Comerica's hallmark is building relationships and this role will allow us to continue strengthening partnerships

with nonprofits and community leaders who do so much for our communities," said Faussette. "I am also honored to accept these new responsibilities and broaden C o m e r i c a's reach in our communities."

A veteran of more than 17 years in the financial services industry, Faussette Summer Faussette, National will continue Development Manager to oversee Arizona's Community Reinvestment Act (CRA) activities, which include CRA volunteerism, civic and community relations, internal and external CRA strategic planning, and fostering community partnerships and investments.

Pivotal to the external affairs team's outreach includes the Business Boot-

camps and Comerica Money $ense programs that have gone virtual since the onset of the C O V I D -19 pandemic.

C o m e r i c a's impact on local communities in 2020 was felt through the more than 110 of the business bootcamps hosted across its markets, assisting 1,250 small businesses.

And, African American Business more than 35,000 lowto moderateincome individuals took part in financial education sessions and in 2021 it looks to increase its reach.

In late 2020, Comerica also moved $10 million in deposits to Minority Depository Institutions (MDIs), as well as established mutual mentoring relationships with these institutions. MDIs assist

minority and underserved communities and foster economic viability in their communities. Specifically, Comerica allocated $2.5 million to each selected MDI, including First Independence Bank in Detroit, Mich.; Broadway Federal Bank in Los Angeles, Calif.; Unity National Bank in Houston, Texas; and Commercial Bank of California in Irvine, Calif.

"Summer has demonstrated a passion for working in our communities and will serve to play an instrumental role in developing ways to strengthen our racial equity efforts internally and externally," said Bennett.

Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $88 billion as of Dec. 31, 2020.

SOURCE Comerica Incorporated

EDUCATION & CAREER

Boosting Your Child’s Confidence Can Help Them Land a Tech Job By d-mars.com News Provider

C

onfidence is a great thing. It can make people more open to learning new skills, pursuing new opportunities and living new experiences. When it comes to career choices, confidence, or rather a lack of it, can keep qualified and motivated individuals from even considering certain fields. Technology is at the forefront of this dilemma, according to those in the industry, who also note that lingering misconceptions may be widening a “confidence gap.”

“For too long we’ve been telling young

people that the best jobs of the future will require advanced degrees in science, technology, engineering or math,” said Todd Thibodeaux, president and CEO of CompTIA, the Computing Technology Industry Association. “The reality is that the vast majority of good paying jobs in the next 30 years won’t require a STEM degree.

“Unfortunately, many students have concluded that they don’t have the qualifications or skills to work in tech, creating a confidence gap that contributes to the lack of diversity in the tech workforce,” Thibodeaux continued. “To close this gap we need employers to open the door to more candidates with nontraditional backgrounds, and for parents and role models to encourage all young people to look at opportunities in tech when they think about their career options.”

Thibodeaux explains that a great first step is to speak with young people in plain and simple language about what a career in technology truly entails.

That includes making sure they understand that working in tech isn’t always about engineering, coding, calculus and Silicon Valley. It’s also about customer

service, teamwork, curiosity, communication and problem solving. It means working for any size company in any industry and in any location.

Equally important, young people need to know about the many resources available to them to learn about careers in tech, network with others who share their interests and acquire the skills that will help them land a job. Here are a few examples: • The Technology Student Association is a national, nonprofit career and technical student organization of 250,000-plus middle school and high school students that offers exciting opportunities in networking, competitions, leadership and community service. For more information, visit tsaweb.org

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• The National Cyber League offers students of all ages game-meetsedutainment competitions simulating real-life cyberthreats in a safe environment so students can learn how to defend against threats. To learn more, visit nationalcyberleague.org • TechGirlz inspires middle school girls to explore the possibilities of technology through the creation of free, fun, interactive “TechShopz” led by industry professionals, community leaders and students. Get the details at techgirlz.org.

The tech industry is in the midst of a massive new wave of innovation. Advances in renewable energy, artificial intelligence, bionics, robotics, healthcare and many other areas are changing virtually every walk of life. To turn these possibilities into realities, millions of knowledge workers and technology professionals will be needed.

“Don’t think that you need to be a math or science genius or that you need to have coding skills or that if you’re not good at ‘computational thinking’ you don’t have a chance. All you need is confidence in yourself,” says Thibodeaux.

Source: StatePoint

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