TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Fifth Third helps its delinquent borrowers find jobs

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

By Thomas Olson
Wednesday, Feb. 6, 2013, 2:36 p.m.
 

Fifth Third Bancorp is rolling out a nationwide program to help find jobs for mortgage borrowers who are behind on their loans because they are out of work.

The Cincinnati-based bank, with 15 offices in the Pittsburgh area, recently concluded a 12-month pilot assisting 28 people who were unemployed for 22 months, and 11 of them landed a job within six months. The bank, which partnered with nationwide reemployment company NextJob, fully pays borrowers' cost to participate. None of the early participants were from Pittsburgh.

To be eligible, a FifthThird borrower must be at least two months delinquent on his home mortgage due to a job loss.

The program helps people create an effective resume, identify their job skills, set a career path, prepare for an effective job search and discover “hidden” jobs.

Thomas Olson is a staff writer for Trib Total Media. He can be reached a 412-320-7854 or at tolson@tribweb.com.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Amusement parks fight off home entertainment threat
  2. Caution creeps into economic picture as consumer, business spending taper
  3. BNY Mellon trader fired in conduct probe
  4. State officials prompt UPMC, Highmark to go to mediation to resolve Medicare dispute
  5. S&P 500 logs 47th record high close for year
  6. Lower gasoline prices fail to spur consumer spending
  7. Retailers that won’t open on Thanksgiving hope move pays off
  8. Westinghouse to construct colossal nuke plant in Turkey
  9. Federal agency checking whether Highmark has enough doctors in Medicare plan
  10. Butler County firm Deep Well Services tackles tough gas wells
  11. Google applies tech to medical device
Subscribe today! Click here for our subscription offers.