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.
Jul 16, 2012
The San Francisco Bay Area is surrounded by beautiful bay waters and the Pacific Ocean where a community of boating enthusiasts from beginners to experts enjoy their favorite recreational pastime 12 months out of the year… learn More about Setting the Sails of the Bay Area’s Maritime Community
Jul 18, 2012
Los Angeles’ Boyle Heights started as a vibrant and diverse community, home to successive waves of immigrants. However, in the 70’s, 80’s and early 90’s, the lack of investment in infrastructure and public services led to rising crime rates, graffiti-covered walls, and a lack of amenities like supermarkets that offered fresh food… learn More about New Affordable Housing Adds to the Revitalization of L.A.’s Boyle Heights
Jul 18, 2012
Many local Latino communities suffer from a shortage of fresh fruits and vegetables at affordable prices. Cardenas Markets, with 29 stores, has filled that gap in the Inland Empire, offering a wide selection of meat, fresh fruits and vegetables, as well as the ethnic foods that offer a taste of home for their Latino customers… learn More about Cardenas Markets is Bringing Fresh Food and Jobs to California’s Latino Communities
Jun 15, 2012
Indian Land Capital Company, an American Indian Community Development Financial Institution (CDFI) that specializes in financing tribal lands, has received a $1 million low-cost loan from Bank of America to finance local economic development programs… learn More about American Indian CDFI Gets $1 Million to Help Finance Tribal Lands
Nov 02, 2011
America is the land of opportunity, where the entrepreneurial spirit thrives. Each year, an estimated 600,000 businesses are created. For some, it’s about taking a chance on a “big idea.” For others, like Michael Freeman, it’s about carrying out a vision… learn More about A Sweet Dream: The Best of Chocolates Under One Roof
*Over $20.7 million in nonprofit support for California in 2012.