Hard at Work in California
Bank of America began serving California nearly 140 years ago, starting with the Security Pacific Bank in Los Angeles and Bank of Italy in San Francisco. Bank of Italy was founded in San Francisco in 1904 by A.P. Giannini, who believed in the power of capital to change people’s lives for the better. After the 1906 earthquake, he famously loaned money on a handshake to anyone who promised to rebuild. Security Pacific Bank’s many contributions include helping secure locations for several major universities in southern California. Today, Bank of America provides services to half of all American households and lends billions of dollars to help spur economic growth.
Over the last 40 years, women-owned businesses have become an increasingly important part of the U.S. economy, growing from 5 percent to 30 percent of all businesses. These enterprises generate trillions of dollars in economic activity and revitalize communities by providing tens of millions of jobs, yet women entrepreneurs still face significant obstacles, including equitable access to capital and business networks… learn More about Elizabeth Street Capital
Sep 11, 2013
Andrew and Peggy Cherng built Panda Restaurant Group from one restaurant into a national sensation, while keeping its family focus… learn More about Panda Express Continues on its Path of Rapid Growth
*Over $20.7 million in nonprofit support for California in 2012.