Bank of America Names Carolyn Rainey President of Charlottesville
Bank of America has named Carolyn Rainey president of Bank of America Charlottesville.
As president, Rainey will be responsible for connecting the banking and investment resources offered through the bank’s eight lines of business to people and companies across Charlottesville. She will also lead the effort to deploy Bank of America’s resources to address social concerns, strengthen economic opportunity, and build strong communities, as well as support the health, safety, and engagement of local employees.
“During the past 39 years, Carolyn has established deep relationships with teammates, clients and the Charlottesville community to deliver responsible growth, and in this new role will help ensure we continue to be a great partner in the region,” said Brian Moynihan, chief executive officer, Bank of America.
Since joining Bank of America in 1983, Carolyn has worked in a number of areas including marketing, technology, operations, regulatory relations, retail and small business banking prior to becoming the Charlottesville Market Executive four years ago.
A Charlottesville native, Rainey is active in the community. She currently serves as a Salvation Army Advisory Board Lifetime Member, as board chair for the Paramount Theater and vice chair of the Jefferson School Foundation, and is a Cherie Blair Foundation for Women mentor. She earned her undergraduate degree from Queens University of Charlotte and her master’s degree Louisiana State University.
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4,100 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 54 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
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Matt Card, Bank of America