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Awards & Recognition

Environment, Social and Governance

  • American Carbon Registry: Bank of America received the 2022 American Carbon Registry (ACR) Corporate Excellence award for ambitious corporate climate action
  • American Heart Association: Bank of America received the Gold level recognition in its 2022 Workplace Health Achievement Index
  • Barron’s: Listed Bank of America on the 100 Most Sustainable Companies list for 2022
  • Bloomberg: Honored Bank of America with the 2022 Bloomberg Gender-Equality Index (GEI)
  • Boys & Girls Clubs of America: Winner of the Collaborative Philanthropy Award and the Corporate Philanthropy Award for outstanding support of Clubs in 2020
  • Brandon Hall Group: Received 23 awards recognizing the bank’s success in developing programs, resources and tools for leadership and career growth.
  • Business Group on Health: Bank of America was one of 44 companies to receive the prestigious Business Group on Health Best Employers: Excellence in Health & Wellbeing Award for 2022
  • DisabilityIN: Scored 100 on 2022 and 2021 Disability Equality Index
  • Euromoney: World’s Best Bank for 2022, World’s Best Bank in Payments and Treasury, Best Bank in the U.S., North America's Best Bank for Corporate Responsibility, Best Bank for SMEs and Best Bank for Transaction Services
  • Executive Leadership Council: Recipient of the 2021 Executive Leadership Council Corporate Award
  • Forbes: Recognized on several lists including America's Best Large Employers, Best Employers for New Grads, Best Employers for Women, Best Employers for Diversity, America’s Best Banks, World’s Top Female-Friendly Companies list in 2022, and ranked No. 26 on the 2022 America’s Best Employers for Veterans list
  • Fortune: Named named a Fortune Blue Ribbon Company in 2023. Named Bank of America one of the “World’s Most Admired Companies.” Fortune along with Great Place to Work® also included the company on several lists including “100 Best Companies to Work For”, “Best Big Companies to Work For” (the only financial services firm), “Best Workplaces in Financial Services & Insurance”, PEOPLE’s Companies That Care, and “Best Large Workplaces for Millennials”
  • Glassdoor: Named one of U.K.’s Best Places to Work list
  • Global Finance: Received several awards including Global Leader in Social Bonds (Ranked 1), North America for Social Bonds (ranked 1), North America for Sustainable Loans (ranked 1) and overall Leader for North America in Sustainable Finance (across all products)
  • Great Place to Work: Ranked No. 8 on the 2022 Best Workplaces for Parents list
  • HITEC: Bank of America was selected as 2021 Hispanic Information Technology Executive Council (HITEC) Corporation of the Year for exemplary leadership and commitment to HITEC and the Hispanic community.
  • Human Rights Campaign’s (HRC): Earned 100% in Corporate Equality Index and one of the “Best Places to Work for LGBTQ Equality”
  • JUST Capital: In 2023, Bank of America was ranked No. 1 in America's Most JUST Companies and No. 1 in three subcategories: Banks, For Workers In Banks and For Environment In Banks.  BanksBank of America ranked 11th (out of 100) on its 2022 Workforce Equity and Mobility Ranking, 5th on its 2022 list for American companies defining just business behavior and ranked 3rd in Top 100 U.S. Companies Supporting Healthy Families and Communities
  • LinkedIn: Ranked 8th in Top 50 Companies in the U.S. 2022 list 
  • Military Times: Ranked 5th on its 2022 Best for Vets Employers list
  • Newsweek: Recognized Bank of America as one of America’s Greatest Workplaces for Diversity in 2023. Recognized Bank of America on America’s Most Responsible Companies list in 2022
  • National LGBT Chamber of Commerce (NGLCC): Named Bank of America Corporation of the Year for 2022
  • Out & Equal: Awarded the 2021 Belonging and Equity Visionary Award
  • People: Ranked No. 10 on PEOPLE’s 100 Companies that Care list for fourth consecutive year
  • Seramount: Bank of America was named a winner for its Military Support & Assistance Group in the ERG Impact Awards’ Workforce Impact category. The company was also recognized on two of Seramount’s top companies list. Bank of America ranked No. 7 on the 100 Best Companies list – the only large bank in the top 10 – and was recognized in the top 10 group on the Best Companies for Dads list.
  • Stevie Awards: Honored Bank of America with 18 different Great Employer Awards highlighting the commitment to training, talent development, and being a great workplace. One of the 18 Stevie Awards for Great Employers received includes a Gold Award for the Private Bank Career Advancement Program (CAP). With this 2022 recognition, we’ve received 62 Stevie Awards for Great Employers since 2020.
  • Teledoc Health: Recognized Bank of America with Resilience Through Adversity award for supporting employees and their families during the Covid-19 pandemic
  • The Times: Named one of the Top 50 Employers for Women in recognition for its efforts towards gender equality.
  • Working Mother Magazine: Bank of America received several awards including 2021 Best Companies for Multicultural Women list (ranked 4), 2021 100 Best Companies (ranked 5) and 2021 Best Companies for Dads (ranked 4).

Technology

  • Aite Group: Recognized Merrill Lynch Wealth Management and Private Bank’s new Client Engagement Workstation with the Digital Wealth Management Impact Innovation Award for Digital Client Engagement
  • American Financial Technology Awards (AFTAs): Recognized Bank of America for Best AI/Machine Learning Initiative for Sherlock, awarded for Best Analytics Initiative for Connect Studio, honored Bank of America with the 2022 Best Infrastructure Initiative award
  • Built In: Awarded one of the “22 companies spearheading digital innovation in their industries in 2021”
  • Celent: Received a 2022 Model Bank award for Bank of America’s CashPro App for Corporate Digital Banking and a 2022 Model Wealth Manager award for Client Experience for Bank of America’s mobile app
  • Forrester: Bank of America received the Enterprise Architecture Award and tied No. 1 for Overall Digital Experience (4th consecutive win)
  • Global Finance: Named the “Best Consumer Digital Bank in the US” for the second year in a row, named “Most Innovative Digital Bank in North America”, “World’s Best Investment Banks 2021” award for the health care sector and “Outstanding Financial Innovator 2021 – Global”
  • Javelin: Bank of America achieved Best in Class in mobile and digital banking
  • Money Management Institute (MMI)/Barron’s: Digital Innovation Award for Merrill’s Digital Wealth Overview
  • Professional Wealth Management: Recognized Bank of America Private Bank and Merrill Lynch Wealth Management for Best Use of Technology in North America, Best Use of Technology for Client Acquisition
  • Stevie Awards: Received two Gold awards for its technology platforms: Enterprise Mobile Platform as a Service and Enterprise Platform Automation Service. Received a Silver award for our integrated mobile app.
  • The Digital Banker: Awarded Merrill Lynch Wealth Management “Best Use of Technology in Wealth Management” for its Digital Wealth Overview.
  • Waters Technology: Recognized Bank of America for best reporting platform or service for Connect Studio.

Products and Services

  • Auto Finance News: Received the Auto Finance Excellence Award
  • BAI Small Business Benchmarking Study: Ranked No. 1 in Small Business Checking Digital Service penetration, Mobile Banking penetration and Remote Deposit Capture penetration
  • Banking Tech Awards: Best Digital Initiative for Bank of America Mobile App
  • Bankrate: Named “Best for Bank of America Loyalists”, “Best for Choice of Cash Back Category”, and “2021 Best Online Brokers for Stock Trading”
  • Barron’s: Merrill Lynch led several awards including America’s Top 1,200 Financial Advisors ranking, 2021 Top 100 Financial Advisors list, Top 100 Institutional Consulting Teams and Top 100 Private Wealth Management Teams, and holds No. 1 on the Top 100 Women Financial Advisors list in 2022
  • CardRates.com: Named Bank of America's Travel Rewards and Cash Rewards credit card one of the Best Credit Card Sign-Up Bonuses and Best Secured Credit Cards for Young Adults.
  • Corporate Insight: Ranked the top spots in Account Information, Account Servicing, Investor Questionnaires, Fund and Account Transfers, and Mobile Alerts and Notifications
  • Digital Banker: Recognized Bank of America with the Retail Banking Innovation award for Best Digital Bank
  • FinanceAsia: Awarded the “Best International Investment Bank in India”
  • Forbes/Shook: Merrill Lynch leads “America’s Top Women Wealth Advisors” rankings
  • Forbes: Ranked Merrill Lynch No. 1 in “Best-in-State Wealth Advisors” list, led America’s Top Women Wealth Advisors list, and led the Top Next-Gen Wealth Advisors List
  • Global Finance: In 2021, named Bank of America “Best Bank for Cash Management” (2nd consecutive year) and “Best Bank for Payments and Collections”. In 2022, Bank of America was selected as the “Best Private Bank of Philanthropic Services”, “Best Mobile Cash Management Software”, “Outstanding Financial Innovator”, and “Most Innovative Private Bank”
  • Greenwich Associates: received the top ranking in several awards including Banks serving U.S. large corporate companies, Share leader in U.S. Corporate Banking, Provision of Services across Cash Management, Trade Finance and FX (ranked 1), and the ability to provide end-to-end digital process
  • Institutional Investor: Ranked Bank of America’s Global Research No. 2 Top Global Research Firm. Ranked BofA Securities No. 1 for Fixed Income Research in Asia and Japan for 2021 — for the third consecutive year in Asia and for two of the past three years in Japan.
  • J.D. Power: Received J.D. Power Certified Customer Service Program has recognized Bank of America’s Corporate, Global Commercial and Business Banking Services for providing “An Outstanding Customer Service Experience” for 2022. Selected as the No. 1 in customer satisfaction and payment processing, in the 2022 U.S. Merchant Services Satisfaction study, outstanding customer service experience (12th consecutive year) and Online and Mobile Banking. Additionally, Bank of America was ranked No. 1 nationally for retail banking advice.
  • Keynova: In 2022, Bank of America was ranked the top spots in Small Business Banking Digital Functionality, Credit Card Scorecard, Digital Card Sales, Functionality, and Digital Mortgage and Home Equity Experience
  • Loyalty360: Preferred Rewards program awarded 2022 Best in Class for Customer Loyalty Team, Customer Focus, Program Strategy and Design, B2B Customer Loyalty
  • MMI/Barron’s: Digital Innovation Award for Merrill’s Digital Wealth Overview
  • Newsweek: Recognized Bank of America in the “America’s Best Loyalty Programs”
  • The Asian Banker: Bank of America named “Best International Transaction Bank”
  • The Banker: Bank of America named 5th Most Valuable U.S. Banking Brand in 2021, in 2021, and honored as Transaction Bank of the Year for North America and Bank of the Year for Supply Chain Finance in 2022
  • The Digital Banker: Bank of America Private Bank recognized as the Best Private Bank in North America in 2022
  • Treasury Management International: CashPro App selected the winner in Mobile Technology Solution in Awards for Innovation & Excellence in Treasury
  • U.S. News & World Report: Named Bank of America “Best in Student Credit Cards”
  • WealthManagement.com: Recognized Bank of America for Broker Dealer for Client Engagement Workstation and Best Private Bank for Use of Technology

 

Visit our Consumer Awards page for additional awards.

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