Fifth Third helps its delinquent borrowers find jobs
By Thomas Olson
Published: 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 email@example.com.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Programs help to nudge unemployment among veterans downward
- Stocks climb for third day
- Region’s largest bank PNC posts 7% rise in 1Q profit