Expands availability of NextJob toolkit, offers
Operation HOPE financial recovery services to help those impacted
by COVID-19
Fifth Third Bank, National Association, today announced it is
making its NextJob Job Seekers Toolkit available to the public
through January 2021. It also is offering Operation HOPE’s
financial coaching services to individuals and small businesses.
These two programs are among the Bank’s efforts to assist those who
are seeking jobs, either temporarily or permanently, as a result of
the COVID-19 pandemic, as well as to assist people with
understanding and overseeing their finances.
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the full release here:
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Greg D. Carmichael, chairman, president
and CEO of Fifth Third Bank (Photo: Business Wire)
“We want to empower individuals, families and small business
owners to manage their finances, reduce their anxiety and assist
with their ability to rebound from this crisis,” said Greg D.
Carmichael, chairman, president and CEO of Fifth Third Bank. “We
are proud to expand our collaboration with NextJob and Operation
HOPE to deliver assistance across our footprint to help equip
people with the skills to succeed in their next job opportunity and
assist them with reestablishing their financial stability.”
Fifth Third initiated the partnership with NextJob, a nationwide
reemployment solutions company, in 2012 to launch the program to
assist individuals facing mortgage hardship due to job loss. In
2016, an enhanced version of the program became part of the Bank’s
five-year, $32 billion Community Commitment.
The NextJob toolkit, which previously had exclusively been
offered to Fifth Third customers, is now offered through the Bank’s
Workforce Development Program. It is an educational resource for
those looking to enter the job market or secure a different job
opportunity. It offers lessons and video advice from job-search
experts, hiring managers and job seekers, as well as additional
tools and activities. The information focuses on career literacy
topics such as transferable skills, resume writing, networking,
interviewing tips and how to use social media to land hidden
jobs.
Fifth Third and NextJob are also expanding its Toolkit offerings
to help community partners and their job seekers through job
coaching scholarships and virtual workshops covering topics such as
job search strategies during hard economic times.
“We are pleased to partner with Fifth Third to offer these tools
to those who are seeking jobs,” said John Courtney, NextJob’s CEO.
“The pandemic has severely impacted the workforce, and we want to
do everything we can to empower people and to assist them with
getting back to work.”
Operation HOPE serves as one of the nation’s first lines of
disaster response through its financial preparedness and recovery
division, HOPE Inside Disaster. Through partnerships with the
American Red Cross, U.S. Department of Homeland Security, Federal
Emergency Management Agency and industry leaders, HOPE teams deploy
in response to federally declared disasters to serve as financial
advocates and intermediaries for affected homeowners, renters and
small business owners. In response to the COVID-19 pandemic, the
organization’s financial wellbeing coaches are providing financial
recovery coaching, like assistance with CARES Act qualifications,
debt deferment, credit counseling, recovery budgets, guidance
obtaining small business loans and referrals for recovery
support.
John Hope Bryant, founder, chairman and chief executive of
Operation HOPE, said it is critical to work with companies like
Fifth Third to bring financial recovery solutions to the public,
especially during times of crisis. “We are proud to partner with
Fifth Third to connect us to individuals, families and small
business owners who need our guidance and resources during these
times,” he said. “We are confident that our partnership will give
us the opportunity to collectively reach those who need our
services the most.”
Fifth Third and Operation HOPE are partnering to provide free
virtual financial coaching services to individuals, families and
small business owners who have been affected by COVID-19. It will
also provide opportunities for Fifth Third Bank employees to
volunteer and assist with recovery and response efforts as subject
matter experts.
For more information about the Bank’s expanded NextJob Job
Seeker’s Toolkit in response to the COVID-19 pandemic, please visit
here. To learn more about Operation HOPE, please visit here.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio, and the indirect parent company
of Fifth Third Bank, National Association, a federally chartered
institution. As of March 31, 2020, Fifth Third had $185 billion in
assets and operated 1,123 full-service banking centers and 2,464
ATMs with Fifth Third branding in Ohio, Kentucky, Indiana,
Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and
North Carolina. In total, Fifth Third provides its customers with
access to approximately 53,000 fee-free ATMs across the United
States. Fifth Third operates four main businesses: Commercial
Banking, Branch Banking, Consumer Lending and Wealth & Asset
Management. Fifth Third is among the largest money managers in the
Midwest and, as of March 31, 2020, had $374 billion in assets under
care, of which it managed $42 billion for individuals, corporations
and not-for-profit organizations through its Trust and Registered
Investment Advisory businesses. Investor information and press
releases can be viewed at www.53.com. Fifth Third’s common stock is
traded on the Nasdaq® Global Select Market under the symbol “FITB.”
Fifth Third Bank was established in 1858. Deposit and Credit
products are offered by Fifth Third Bank, National Association.
Member FDIC.
About NextJob
Headquartered in Bend, Oregon, NextJob is a nationwide firm
focused on full employment in America. Founded on the Golden Rule,
its mission is to provide creative reemployment and career
development solutions for employers, lenders, government and others
to help job seekers land jobs, grow in them and avoid the many
impacts of unemployment. NextJob’s service provides high quality,
one-on-one coaching, web workshops, curriculum and multimedia
online learning that is highly effective, affordable and
accountable. To learn more, visit www.nextjob.com.
About Operation HOPE
Inc.
Since 1992, Operation HOPE has been moving America from civil
rights to “silver rights” with the mission of making free
enterprise and capitalism work for the underserved – disrupting
poverty for millions of low- and moderate-income youth and adults
across the nation. Through our community uplift model, HOPE Inside,
which received the 2016 Innovator of the Year recognition by
American Banker magazine, Operation HOPE has served more than 4
million individuals and directed more than $3.2 billion in economic
activity into disenfranchised communities – turning check-cashing
customers into banking customers, renters into homeowners, small
business dreamers into small business owners, minimum wage workers
into living wage consumers, and uncertain disaster victims into
financially empowered disaster survivors. Project 5117 is our
multiyear four-pronged approach to combating economic inequality
that aims to improve financial literacy, increase business role
models and business internships for youth in underserved
communities, and stabilize the American dream by boosting FICO
scores. Operation HOPE recently received its fourth consecutive
four-star charity rating for fiscal management and commitment to
transparency and accountability by the prestigious non-profit
evaluator, Charity Navigator. For more information visit
www.OperationHOPE.org. Follow Operation HOPE on Twitter and
Facebook @operationhope.
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version on businesswire.com: https://www.businesswire.com/news/home/20200520005714/en/
Danielle Jones (Media Relations) May xx, 2020
danielle.jones@53.com | 513-534-0162 Chris Doll (Investor
Relations) Christopher.Doll@53.com | 513-534-2345
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