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
Skid Row, located in downtown Los Angeles, has long been synonymous with homelessness and poverty. It was to this community that John Dillon, 22 years old, arrived to work in the neighborhood to provide direct services to the homeless population… learn More about L.A.’s Chrysalis Helps the Homeless Break Through the Job Barrier
Jul 16, 2012
In the United States, low-income students are more likely to drop out of high school and less likely to apply for and attend college. These students often lack the support and guidance to navigate the complexities of the college application and decision process, and the role models to showcase the benefits of higher education… learn More about Preparing Low-Income Youth for College and Career
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
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
*Over $20.7 million in nonprofit support for California in 2012.