In 1920, women won the right to vote and changed their role in American life forever. The finance industry was one of the first to reach out to this newly empowered population. Until that time, women had to rely on their husbands or male family members to manage their money. In 1923, the Bank of Italy, in Los Angeles, set out to give women the opportunity to manage their own finances. Grace Stoermer, who headed the bank’s Women’s Department made certain that women customers had access to the same services as their male counterparts. Over 80 years later, Bank of America continues its commitment to providing opportunities for every American to succeed. By supporting programs like the United Way One-Stop Centers, the Bank helped provide the financial skills and education needed by low- and moderate- income families across the country.
Empowering women mini-documentary