Springdale, Ark., – October 31, 2022 – Tyson Foods (NYSE: TSN) announced today the company is joining the Financial Literacy for All movement, a national initiative to support embedding financial literacy into American culture. Launched in May 2021, this 10-year initiative will reach millions of youth and working adults enabling them to achieve greater financial success for themselves and their families.
“Tyson Foods is proud to be part of this coalition with so many companies working together toward the collective action of financial literacy,” said Tim Grailer, Senior Director, Sustainability Operations. “We are confident that we are already meeting many of the benchmarks set by Financial Literacy for All and look forward to continue bringing opportunities for a better financial future to our workforce.”
Tyson Foods began offering free financial literacy courses to team members in 2018 and has designed a robust program for a workforce that has a high percentage of immigrant and refugee team members. The company also offers, Investing in Tomorrow, an eight-week financial literacy course catering specifically to immigrant and refugee audiences.
In its most recent financial literacy initiative, Tyson Foods announced an investment in Working Credit, a nonprofit organization that provides free credit counseling workshops and one-on-one credit counseling. A pilot program is underway in Wilkesboro, North Carolina, which will soon be available to the entire workforce. More than 600 Wilkesboro team members have signed up for the workshop since its September launch.
“I’m finally able to put more money into my savings account and manage my finances and income better,” said Antonio Davis Clark, a Tyson Foods team member in Wilkesboro, North Carolina. “I’m grateful to have the opportunity to learn about financial literacy at work and gain valuable skills that I can take home with me and help my family.”
“We’re excited to welcome Tyson Foods to the Financial Literacy for All movement,” said Operation HOPE CEO and Financial Literacy for All Co-Chair John Hope Bryant. “Tyson Foods represents the classic American ‘up from nothing’ success story, where one person’s dream and determination can uplift not just themselves, but tens of thousands of others and transform an industry in the process. We applaud Tyson Foods’ commitment to the financial wellbeing of all their employees, and look forward to advancing this important work across the U.S.”
About Tyson Foods, Inc.
Tyson Foods, Inc. (NYSE: TSN) is one of the world’s largest food companies and a recognized leader in protein. Founded in 1935 by John W. Tyson and grown under four generations of family leadership, the Company has a broad portfolio of products and brands like Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, Aidells®, ibp® and State Fair®. Tyson Foods innovates continually to make protein more sustainable, tailor food for everywhere it’s available and raise the world’s expectations for how much good food can do. Headquartered in Springdale, Arkansas, the Company had approximately 137,000 team members on October 2, 2021. Through its Core Values, Tyson Foods strives to operate with integrity, create value for its shareholders, customers, communities and team members and serve as a steward of the animals, land and environment entrusted to it. Visit www.tysonfoods.com.
About Operation HOPE, Inc.
Since 1992, Operation HOPE has been moving America from civil rights to “silver rights” with the mission of making free enterprise and capitalism work for the underserved—disrupting poverty for millions of low and moderate-income youth and adults across the nation. Through its community uplift model, HOPE Inside, which received the 2016 Innovator of the Year recognition by American Banker magazine, Operation HOPE has served more than 4 million individuals and directed more than $3.2 billion in economic activity into disenfranchised communities—turning check-cashing customers into banking customers, renters into homeowners, small business dreamers into small business owners, minimum wage workers into living wage consumers, and uncertain disaster victims into financially empowered disaster survivors. For more information: www.OperationHOPE.org. Follow the HOPE conversation on Twitter, Facebook and Instagram.