SunTrust Banks (STI) is teaming up with a nonprofit in a novel effort to reach the underbanked.
The Atlanta company is expected to announce Tuesday that it plans to put financial counselors in its branches as part of a pilot program with Operation HOPE, a nonprofit that works to provide financial literacy training to low-income families. The financial counselors will provide services including credit-repair counseling, entrepreneurship training, tax advice and help getting out of debt.
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