Hard at Work in Delaware
Bank of America established its presence in Delaware in 1982 with the founding of MBNA. In 1983, MBNA introduced the Gold MasterCard, which became the first in a long line of innovations that earned the company its status as a pioneer in the credit card industry. Three years later, MBNA became the first credit card company to offer 24-hour customer service, 365 days a year. MBNA became a publicly traded company in 1991 and was acquired by Bank of America in 2006. Today, Bank of America is one of the nation’s largest financial institutions and provides services to half of all American households.
Like many states across the country, Delaware has been hard hit by the lingering global economic downturn. Those seeking employment have been especially impacted in a state where unemployment has gone from less than 4 percent in 2000 to more than 9 percent in 2010… learn More about Meeting a Challenge One Job at a Time in Delaware
* Extended $13 million in new credit to Delaware small businesses in 2012.