In the Community

4/18/19 11:00 am EDT

The Arbor Day Foundation today announced a $250,000 grant from Bank of America to expand the tree canopy in urban communities and strengthen neighborhoods against the impacts of a changing climate. The funding will support green infrastructure projects in four U.S. cities: Tucson, Arizona; Kansas City, Missouri; Pawtucket, Rhode Island; and Norfolk, Virginia. The Community Resiliency Grant program supported by Bank of America is working with local nonprofit organizations and municipal agencies in the grantee cities.

“Through more...

4/11/19 9:00 am EDT

Bank of America has committed $1 million to the George W. Bush Institute to support leadership development programs that address global health, economic opportunity, education reform, military support and global women’s initiatives. The funding will support the School Leadership Initiative, Presidential Leadership Scholars, WE Lead, Liberty and more...

4/3/19 12:53 pm EDT

Bank of America was today ranked the top financial institution in the 2019 LinkedIn Top Companies list. This is the first time the bank has been included in the fourth annual list that recognizes the 50 most sought-after places to work in more...

3/28/19 5:00 pm EDT

The Bank of America Charitable Foundation today announced it will make the $1 million capstone grant to Museum Lab at Children’s Museum of Pittsburgh, completing the organization’s $18 million capital campaign. This funding enables Children’s Museum to renovate and transform the former more...

3/25/19 4:00 pm EDT

The Bank of America Charitable Foundation has awarded a $250,000 grant in support of Wichita State University’s campaign to build a new home for the W. Frank Barton School of Business on the Innovation Campus. The Innovation Campus is a 120-acre development where businesses, both local and from across the globe, have established operations that employ Wichita State students as part of their workforce.

“Bank of America and Wichita State University have a shared mission in supporting the development of our more...

3/22/19 9:30 am EDT

In response to recent severe weather conditions, including floods, tornadoes, snow and ice, Bank of America is providing $150,000 to the American Red Cross. The funding to Red Cross Disaster Relief will help support emergency relief supplies, shelters, food and health/mental health services for those affected by the storms and flooding this month, and assist the Red Cross to prepare for and respond to other crises.

Tornadoes and severe flooding have had significant impact across five states in more...

3/19/19 10:00 am EDT

Proposals are now being accepted for the 2019 Bank of America Art Conservation Project. Nonprofit cultural institutions with artwork requiring much-needed conservation are welcome and encouraged to submit a proposal. The grant proposal process is available online at www.bankofamerica.com/artconservation. All proposals must be submitted before May 17 to be eligible for funding in 2019. 

The Bank of more...

3/18/19 9:00 am EDT

Vital Voices Global Partnership and Bank of America will bring together women leaders from the private sector, social enterprise and the nonprofit community in San Juan, Puerto Rico March 18-22 for the Global Ambassadors Program (GAP), a weeklong initiative that connects women leaders in business and social enterprise to mentoring and expertise. Connecting women entrepreneurs and nonprofit leaders to tools and resources that give them the power to succeed is one way that Bank of America helps advance economic and social more...

3/12/19 11:00 am EDT

Bank of America has named Private Bank senior vice president Jason Foster as its market president for the North Bay counties of Marin, Napa and Sonoma. Foster replaces longtime market president Massey Bambara, who will continue in his role as the Food, Agriculture, and Wine executive for Bank of America and Central Valley commercial credit executive.

As market president, Foster will be responsible for connecting the banking and investment resources offered through the company’s eight lines of business to companies, families and individuals across the North Bay. He will also lead more...

3/8/19 8:10 am EST

Bank of America is doubling its investment in the Tory Burch Foundation Capital Program, committing $100 million in capital to connect women small business owners to affordable loans. Since the Tory Burch Foundation Capital Program launched five years ago, more than 2,500 women entrepreneurs have received $46 million in loans through community development financial institutions (CDFIs) to help them grow and refine their businesses.

“We recognize that women entrepreneurs help fuel economic growth in communities across more...

2/6/19 2:30 pm EST

Bank of America Merrill Lynch Community Development Banking (CDB) provided a record $4.7 billion in loans, tax credit equity investments and other real estate development solutions, surpassing last year’s record financing of $4.53 billion. It deployed $3 billion in debt commitments and $1.7 billion in new equity investments to help build strong communities by financing affordable housing, charter schools and economic development across the United States. These efforts are part of the company’s commitment to deploying capital to more...

2/1/19 9:00 am EST

The Bank of America Shamrock Shuffle announced today that the Mammoth Track Club, headlined by Olympian and American record-holder and 2005 and 2009 Bank of America Shamrock Shuffle champion Deena Kastor and 2015 and 2016 Shamrock Shuffle champion Alexi Pappas, will make its debut in the 11th annual Deloitte Elite Club Competition. The Kansas City Smoke will also be back on the men’s side to defend their title.

“The Deloitte Elite Club Competition has grown into one of the most fun and competitive events for USATF-member running clubs in the nation. We are proud of the more...

2/1/19 10:00 am EST

Bank of America named Business Banking Market Manager and Senior Vice President Colleen Matteson as Rochester market president. Jeff Adams is stepping down from the role to relocate for a new leadership opportunity as the Merrill Lynch Wealth Management market executive for the Maryland market.

As market president, Matteson will be responsible for connecting Bank of America banking and Merrill Lynch investment resources offered through our eight lines of business to companies, families and individuals in the Rochester market. She will also lead the effort to deploy Bank of America’ more...

1/29/19 9:00 am EST

Bank of America marks the 22nd anniversary of the Museums on Us program with the addition of more than 30 new institutions.

Museums on Us provides Bank of America, Merrill Lynch and U.S. Trust credit and debit cardholders free general admission on the first full weekend (Saturday and Sunday) of every month to experience more than 225 of the country’s cultural institutions, including major, world-class museums, community museums, botanical gardens, aquariums, zoos and science centers across 138 cities in 36 states.

“Bank of America continues to lead as one of the more...

1/17/19 9:00 am EST

Bank of America today was named the 2019 Catalyst Award winner by Catalyst, a global nonprofit working with CEOs and leading companies to build workplaces that work for women. The bank earned the honor based on its ongoing efforts to be a great place to work and to support the continued development, empowerment and advancement of women in the company and around the world. For more than 30 years, the Catalyst Award has recognized exceptional efforts to accelerate progress for women in business.

The Catalyst Award announcement comes just one day after the bank also was recognized for more...

1/15/19 10:00 am EST

The Bank of America Shamrock Shuffle announced today that executive race director Carey Pinkowski will join the 40th anniversary celebration on Sunday, March 24 by running the 8K and raising funds for four local charities with a focus on youth fitness: Mercy Home for Boys & Girls, After School Matters, Special Olympics Chicago, and Shirley Ryan AbilityLab.

Pinkowski’s participation shines a broader light on the event’s charitable impact and the second annual Charity Matching Campaign. From Monday, January 28 to Monday, February 11, Bank of America will provide a 1:1 more...

1/15/19 9:35 am EST

Ally Financial, Bank of America and Barings, three of the leading financial services companies in Charlotte, announced a combined investment of $70.75 million for affordable housing in the city and surrounding area. This private investment marks the largest private-public initiative of its kind in Charlotte.

Ally CEO Jeff Brown, Bank of America CEO Brian Moynihan and Barings Chairman and CEO Tom Finke agreed to explore how each of their companies can help address some of the city’s biggest challenges that relate to economic mobility. Together, the companies are making a combined more...

1/2/19 10:00 am EST

Bank of America today announced that Raju Patel has been appointed market president, serving as the company’s enterprise leader in Denver.

As market president for Denver, Patel will work throughout the region to connect businesses, families and individuals to Bank of America’s banking, lending and investment teams. He will also lead the effort to direct the bank’s more...

12/12/18 9:00 am EST

Bank of America announced today that all content from Better Money Habits®, its free financial education platform, is available in Spanish. Now, users can access the full suite of easy-to-understand tools and resources in Spanish and have the power to make sense of their money and take steps to improve their personal finances.

In addition, new research from Bank of more...

12/11/18 10:00 am EST

Runners who entered the 2019 Bank of America Chicago Marathon non-guaranteed entry drawing will be notified of their selection status today. The 2018 event welcomed a record 44,610 marathoners across the finish line, and a similar size field is predicted for the 42nd annual event on October 13, 2019.

“Today marks an exciting day for our 2019 Bank of America Chicago Marathon runners as they begin their training journey to our finish line,” said Carey Pinkowski more...