The City of Wilmington’s 2024 Youth Career Development Program (YCD), which helps younger City residents develop valuable work skills and prepare them for a successful career and future, received a $100,000 grant from Bank of America, which is helping employ 280 young people in numerous professions and internships this summer.
Yesterday, Bank of America provided a Better Money Habits® financial literacy session, run by Bank of America employees, for all YCD participants. The sessions broke down financial topics like budgeting, building credit, borrowing, investing, and more in a fun and interactive way. As they earn their first paychecks they are learning and receiving tools they can use to set goals for future financial success.
“Bank of America’s continued support over the years has been hugely impactful for this program and for our teens,” said Wilmington Mayor Mike Purzycki. “We continue to appreciate the bank’s generosity and commitment to our City and residents.”
The grant is part of Bank of America’s philanthropic efforts in local communities. Recipients were selected for their commitment to addressing basic needs and workforce development for individuals and families.
“The City of Wilmington’s summer youth program is a commitment to invest in our future workforce and create opportunities to help youth thrive in our community,” said Chip Rossi, President of Bank of America Delaware. “Bank of America has supported the City of Wilmington’s efforts for the last eight years as they work to advance economic opportunity in Wilmington for the next generation.”
Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,800 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).
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