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.

Subscribe today! Click here for our subscription offers.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Pennsylvania shale gas producers received hundreds of environmental citations in 4 years, PennEnvironment says
  2. SEC alleges BNY Mellon bribed foreign investors by handing internships to their relatives
  3. Obamacare enrollment up in Pennsylvania
  4. U.S. Steel has 1st profitable year since 2008
  5. MSA Safety products in demand to protect workers in dangerous jobs
  6. U.S. Steel warns it may lay off almost 2,000 workers in Alabama, Texas
  7. U.S. company outlooks worry investors, sending stocks lower
  8. Emergency room visits decline as navigators steer patients to proper medical care
  9. Drillers bid millions for oil, gas beneath West Virginia public lands
  10. India nuke deals still thorny for U.S. despite ‘breakthrough’
  11. Drops in gasoline prices won’t likely last, analysts say