City of Wilmington, Delaware

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Wilmington Youth Career Development Program to Employ 
275 Young People Through Grant from Bank of America 

July 14, 2022

The City of Wilmington’s 2022 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 will help employ 275 young people in numerous professions and internships this summer.

In addition to the financial support, Bank of America provides Better Money Habits® financial literacy sessions, run 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 are learning and receiving tools they can use to set goals for future financial success.

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

The grant is part of Bank of America’s philanthropic giving 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 Youth Career Development program is a long-term commitment to investing in our future workforce and working to create opportunities for youth 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 purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social, and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in, and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping 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 to achieve greater impact. Learn more at about.bankofamerica.com, and connect with us on Twitter (@BofA_News). For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for email alerts.