Employment officials in Wilmington, Delaware, are cheering a move by Bank of America (BoA) to create 500 new jobs over the next three years in the city.

The News Journal reports that the bank announced the expansion at a recent press conference along with local lawmakers and representatives from the Longwood Foundation, which will create a new nonprofit corporation that will manage a building the banking giant will donate to Wilmington to support existing and fledgling charter schools.

"Bank of America's commitment to add hundreds of jobs here is a strong endorsement of both the quality of our workforce and our state's commitment to the middle-class careers this industry supports," Governor Jack Markell said in a statement. "This industry has been one of the foundations of our state's economy for many years."

In Nebraska, Bank of the West said it was moving 70 jobs from its Fargo, North Dakota, operations to Fargo, as it looks to consolidate its business, according to the Omaha World-Herald.

Bank of the West officials said they anticipate future growth in the company's mortgage, home equity and auto-lending businesses, as well as in its disaster recover and technology divisions at its Omaha offices.

In the News…

Paying Attention to Retention You've likely started to see a shift in headlines. No longer focused on what we have been through, the new emphasis is on what’s to come. Though it… Read More »

Job Application Process: Stay Sane The Job Application Process Can Be Frustrating. Here's How to Stay Sane The job application process is hardly ever easy. After all, it can sometimes… Read More »

The No. 1 recruitment metric employers track when assessing a new hire’s effectiveness After completing multiple rounds of interviews and presenting a job offer to a promising candidate, the work has in many ways just begun. Now that th… Read More »

Craft a Change Narrative How to Craft a Strong Change Narrative for Your Company When your company is undergoing major change, it can be a tough transition for everyone, e… Read More »

More News