WILMINGTON – JPMorgan Chase (JPMC) celebrated opening its second branch in Delaware by announcing $420,000 in investments to the United Way of Delaware and Ministry of Caring.
United Way of Delaware received $210,000 to help support the $tand by Me program.
This program offers financial counseling for Delawareans through nonprofits and the state government to help them reduce debt, improve their credit and increase their savings.
Since opening in 2011, $tand By Me has assisted more than 110,000 Delawareans reach their financial goals. While on average they help improve credit scores by 64 points, reduced personal debt by $19.6 million and saved more than $3.3 million for Delaware residents. These funds will help United Way build new partnerships and assist more people.
JPMC is also investing $210,000 with the Ministry of Caring to support the expansion of its workforce training programs for recently homeless individuals. This program provide trainings to help those individuals become certified nurse’s assistants, early childhood educators and commercial drivers. They also receive job readiness skills and help with job placement.
The new branch is located at 1000 Rocky Run Parkway off U.S. 202.
