City News | Wilmington, DE

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2022 from the City of Wilmington Youth Career Development Program (YCD), which helps the city’s young residents learn valuable job skills and prepare them for successful careers and futures, has received a $100,000 grant from Bank of Americawhich will make it possible to employ 275 young people in numerous professions and internships this summer.

In addition to financial support, Bank of America provides better money habits® financial literacy sessions, led by Bank of America employees, to all YCD participants. The sessions break down financial topics like budgeting, building credit, borrowing, investing, and more in a fun and interactive way. As they earn their first paychecks, they learn and receive tools they can use to set goals for future financial success.

“The continued financial commitment over the past seven years and Bank of America’s financial literacy program has had an impact on the program and our teens,” said Wilmington Mayor Mike Purzycki. “We appreciate Bank of America’s generosity and continued support for the future of the City of Wilmington and our residents.”

The grant is part of Bank of America’s philanthropic efforts in local communities. Recipients were selected for their commitment to meeting the basic needs and workforce development of individuals and families.

“The City of Wilmington’s Youth Career Development Program is a long-term commitment by investing in our future workforce and working to create opportunities for young people to help them thrive,” said Chip Rossi, president of Bank of America Delaware. “The city is advancing racial equality and economic opportunity in our community and having a tremendous positive impact on the next generation.”

Bank of America
At Bank of America, we’re guided by a common goal to help make life better financially, through the power of every connection. We achieve this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded in our eight business lines and reflects how we help fuel the global economy, build trust and credibility, and represent a company people want to work for, invest in and do business with. Business. It shows in the inclusive and supportive workplace we create for our employees, the responsible products and services we provide to our customers, and the impact we have in the world to help local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise for greater impact. important. To learn more, visit about.bankofamerica.com and join us on Twitter (@BofA_News). For more information about Bank of America, including dividend announcements and other important information, visit the Bank of America Newsroom and sign up for email alerts.

Bank of America contact details:
Emilie Kanter
Phone: 610-308-4705
Email: [email protected]

check boa ycd

Bank of America officials present a check for $100,000 to the 2022 Parks and Recreation Youth Career Development Program during an event at the Stubbs Early Education Center in Wilmington on Thursday. (Photo: WITN 22/Stimpson)

COMMUNITY AND MEDIA INQUIRIES:

John Rago
Deputy chief of staff
City of Wilmington, Mayor’s Office
Mobile: (302) 420-7928
Email: [email protected]

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