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Federal Bonding Program – CareerSource Okaloosa Walton

Federal Bonding Program

The Federal Bonding Program is an incentive program that allows employers to hire at-risk job applicants with limited liability. A Federal Fidelity Bond is a business insurance policy that insures the employer for theft, forgery, larceny or embezzlement by the bonded employee.

Eligibility Requirements

At-risk job applicants are:

  • Ex-offenders
  • Recovering substance abusers (alcohol or drugs)
  • Welfare recipients and other persons having poor financial credit, or who have declared bankruptcy
  • Economically disadvantaged youth and adults who lack a work history
  • Individuals dishonorably discharged from the military
  • Anyone who cannot secure employment without bonding services
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