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FIRST UNION NAMES FORMER MINISTER AS FIRST WORK/FAMILY COORDINATOR

 FIRST UNION NAMES FORMER MINISTER AS FIRST WORK/FAMILY COORDINATOR
 CHARLOTTE, N.C., April 20 /PRNewswire/ -- First Union Corporation (NYSE: FTU FTUpr) has named Joan Hope -- a banker, mother and former minister -- to the new position of work/family coordinator to help employees balance the demands of work and family.
 As work/family coordinator, Hope will work with First Union managers and employees throughout the Southeast to devise strategies that meet employees' needs at various stages in their lives.
 "Different stages of life present different challenges: raising children, caring for elderly parents, adapting to changes in family situations, or coping with illnesses," Hope said. "At those times, employees need a supportive work environment. My job is to help find creative solutions that will benefit our customers, our company and our employees."
 John Georgius, president of First Union Corporation, said First Union recognized the importance of addressing the needs of a new work ethic among employees.
 "As a leading employer in the Southeast, First Union is challenged by the increasing complexity of a changing workforce," Georgius said. "Employees have told us that balancing the demands of work and family is one of their greatest concerns. We want to attract and retain valuable employees as we strive to maintain our long-term productivity in the face of a shrinking labor force."
 To meet that challenge, Hope is well-versed in the dynamics of the banking industry. A Charlotte native, she is the daughter of Mae and C.C. Hope, Jr., an FDIC director and retired vice chairman of First Union National Bank of North Carolina. Joan Hope joined First Union in 1987 in the bank's management training program. Most recently, she was branch manager of the Quail Corners branch in Charlotte.
 Before joining First Union, Hope worked six years as associate pastor/minister of youth and family life at Knollwood Baptist Church in Winston-Salem. A graduate of Wake Forest University, she has a master's in divinity from Duke Divinity School. The 37-year-old is married to Bob Bell, an assistant district attorney in Mecklenburg County. They have two sons, Christopher, 6, and Will, 2.
 One of Hope's first tasks in her new position is to gather information on men and women at First Union who have used alternative schedules and determine what has worked best. She'll then develop models for alternative schedules that give managers and employees options to consider.
 Last year, First Union introduced its alternative scheduling policy, which invites employees to explore options such as flextime, compressed work weeks, part-time, job sharing, voluntary reduced work time, parental phase-in and retirement phase-out. Introduction of that policy and creation of the new position is a direct result of the corporation's Work and Family Life Task Force created in 1989.
 The task force has sought input from managers and employee focus groups throughout the corporation to address the needs of a changing workforce. By the year 2,000 only one in seven new workers in America will be white males.
 First Union Corporation is the nation's 13th-largest bank holding company, based on assets of $46.059 billion as of March 31, 1992. First Union operates 1,018 banking offices in North Carolina, South Carolina, Georgia, Florida, one banking office in Tennessee, and 207 non-banking offices in 36 states.
 -0- 4/20/92
 /CONTACT: Sandy Deem, First Union Corporation, 704-374-2710 (W) or 704-567-1176 (H)/
 (FTU FTUpr) CO: First Union Corporation ST: North Carolina IN: FIN SU: PER


DF -- CH014 -- 0119 04/20/92 13:40 EDT
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Publication:PR Newswire
Date:Apr 20, 1992
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