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.
Tackling the Opportunity Divide in Boston
Jul 01, 2010
Boston's reputation as a world-renowned knowledge capital is derived in large part from the teaching and research activities of more than 100 colleges and universities located in the Greater Boston area. Despite these rich academic resources, however, roughly 17,000 young adults in Boston have not progressed beyond a high school diploma and are neither employed nor enrolled in post-secondary education… learn More about Tackling the Opportunity Divide in Boston
Investing and Empowering Biotech Innovations in Massachusetts
Nov 01, 2011
The life sciences, spanning from biotechnology and pharmaceuticals to medical devices and diagnostics, are a cornerstone of Massachusetts’ innovation economy. Representing more than 80,000 jobs in the Bay State, the industry has continued to grow despite the national recession… learn More about Investing and Empowering Biotech Innovations in Massachusetts
Building a Path to Career Success for Boston Youth
Sep 30, 2011
In Boston's knowledge-based economy, young people need both academic credentials and workplace skills to succeed. Studies have shown that summer jobs increase the employment, college-enrollment and earnings rates of participants after they graduate from high school… learn More about Building a Path to Career Success for Boston Youth
Partnering to Keep Kids Reading Throughout the Summer
Nov 02, 2011
While Boston may be one of the most innovative cities for educating our next generation, summer learning loss has emerged as a key barrier in a quality education—both in Boston and nationally… learn More about Partnering to Keep Kids Reading Throughout the Summer
Bank of America Charitable Foundation Announces $50 Million Three-Year Pledge to Education as a Path to Workforce Success
Jul 18, 2011
The Bank of America Charitable Foundation today announced a goal to invest $50 million over the next three years toward education initiatives leading to economic self-sufficiency through employment… learn More about Bank of America Charitable Foundation Announces $50 Million Three-Year Pledge to Education as a Path to Workforce Success
*Extended $279.2 million in new credit to Massachusetts small businesses in 2012.
