For Bank of America Delaware President Chip Rossi, one of his favorite parts of the local version of Bank of Americaās signature Neighborhood BuildersĀ® program continues to be how it has helped the selected Delaware organizations evolve and expand their reach in the community. “I think about the Food Bank of Delaware and how they have evolved — first food, …
Widener Law, DSU nursing may join $57M Wilmington education hub
Longwood Foundation, Bank of America and area governments plan to invest $57 million in an education hub that will go into one of the former MBNA buildings near Rodney Square. The hub, to be called The Bridge, is expected to bring the Widener University Delaware Law School, University of Delaware Associates program and Delaware State University nursing to the building …
Bank exec helps DSU students find full-time jobsĀ
Don Gordon, a senior vice president of Bank of America, put his day job on hold for 15 months to help thousands of Delaware State University students land full-time jobs.Ā Bank of Americaās Leader on Loan program pairs key bank leaders with local nonprofit organizations and educational institutions with the goal of establishing sustainable growth in a specific community. Spending …
5 First State teens named āNational Student Leadersā
Five Delaware junior and senior high school students have been selected as Bank of America Student Leaders. The Student Leader Program began in 2004 with the intent to help prepare students to enter the workforce through skills-building and leadership development. āThe students are standout young adults who were selected for their involvement in standing up against inequality and injustice, as …
Food Bank CANgineering sparks community creativity
A green and pink daisy created by Alpha Kappa Alpha sorority in its traditional colors was named Best in Show among the 25 entries in the 2022 Food Bank of Delaware‘s CANgineering competition. The contest is a food drive disguised as a structure building competition that gives entrants multiple ways to win while this year bringing in 17,000 pounds of …
M&T, WSFS, PNC reducing, easing overdraft fees
Delaware’s largest banks are addressing concerns about overdraft fees (Photo by Karolina Grabowska from Pexels) Delawareās three biggest banks are changing their rules on overdraft fees. M&T Bank this month is joining a nationwide movement to reduce or eliminate overdraft fees. WSFS Bank in December eased its overdraft rules. PNC Bank last year expanded its app to give customers …
Proposed U.S. rule would force reporting of all accounts of $600 or more
A proposed rule requiring details of most financial accounts is designed to find taxes to help pay for the $3.5 trillion federal reconciliation bill. Photo by Nathan Dunlao/Unsplash A federal proposal that would require banks, credit unions and apps like Venmo and Paypal to report any account with more than $600 in transactions in a year to the IRS …