Bank of Stockton Gifts $25,000 to Volt Institute to Support Career Training
MODESTO, CA —On Wednesday, October 4, Bank of Stockton announced a gift of $25,000 to the VOLT Institute to support the education and training of skilled manufacturing workers locally. The gift comes from Bank of Stockton’s Community Reinvestment Act (CRA) funds, which encourage deposit institutions to help meet the credit needs of the communities in which they operate.
Located in downtown Modesto and run in a joint effort by Opportunity Stanislaus and the Stanislaus County Office of Education, the VOLT Institute is the Central Valley’s newest trade school and will offer training that prepares the workforce for job vacancies in local industry. VOLT’s initial offerings will be a foundational employment skills course and a certificate program in Industrial Maintenance.
For Bank of Stockton, VOLT’s mission is perfect match. “VOLT aligns perfectly with Bank of Stockton’s goals of reinvesting in its communities to better our communities,” said Douglass M. Eberhardt, CEO and Chairman of the Board, Bank of Stockton. “The benefits of VOLT are far reaching and we are proud to be a part of such a well-organized and supported effort.”
The gift comes at an ideal time for Opportunity Stanislaus, an organization in just its second year of operation when every bit of capital is critical. “Opportunity Stanislaus and the VOLT Institute greatly appreciate the Bank of Stockton taking a leadership role in the financial community by allocating $25,000 of their CRA funds to this effort,” said Jeff Grover, President of the Board of Directors for Opportunity Stanislaus. “The bank recognizes the tremendous value the institute will provide in equipping local employees with the necessary skills to fill the needs of our area’s most valuable employers.”
The purpose of the VOLT Institute is to create a vibrant, healthy economy in the Northern San Joaquin Valley Region by offering high-quality training and education and by setting the pace for innovative career preparation in local higher education.
The VOLT Institute is now enrolling students for its first cohort. VOLT will be hosting an Open House for potential students on October 17 in the Modesto Bee Building. To learn more about VOLT Institute and the Open House please visit www.voltinstitute.com or call (209) 566-9102.