Hard at Work in Massachusetts
The first of our predecessor banks, The Massachusetts Bank, was founded in 1784 not long after the country had won its independence. Early customers included Paul Revere, John Hancock, John Singleton Copley and James Bowdoin. The bank financed the first American shipping expedition to China just two years later and continued to expand across New England. A series of mergers created FleetBoston, which joined the Bank of America family in 2004. Today, Bank of America is one of the nation’s largest financial institutions and provides services to half of all American households.
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
Nov 26, 2013
Bank of America is proud to sponsor Sargent Watercolors at the Museum of Fine Arts, Boston… learn More about Making Watercolors Accessible for Everyone
*Extended $279.2 million in new credit to Massachusetts small businesses in 2012.