Alberto Garofalo | President, Bank of America New Jersey
One of the things I love about living in New Jersey is the diversity of our communities. We believe our company has a responsibility to support those communities, while serving the needs of our clients and taking care of our employees.
Alberto Garofalo | President, Bank of America New Jersey
New Jersey is your home. It’s ours, too.
We are committed to helping our communities thrive - dedicating our resources to address the issues that matter most in each community where we live and work.
Turning financial knowledge into action
Life doesn’t stop for you, but Bank of America does. We’re not just here to help with your everyday banking. We’re here to help you go further by providing banking solutions, powerful tools and financial education resources like Better Money Habits®.
student spotlight
Meet the next generation of
change-makers
Since 2004, our Student Leaders® program has helped prepare high school students for the workforce by connecting them to skills development and leadership training. Through paid internships with local nonprofits they gain practical work and life experiences. It's just one more way we're working to build a better future for all.
Learn about student leadership
small business spotlight
When entrepreneurs succeed, our communities do too.
We are invested in local economies with over $40 billion in business loans. Our commitment includes offering innovative solutions and supporting entrepreneurs with the tools and resources to help them make every move matter. Whether starting out or looking to expand, their success continues to bring jobs and strengthen our community.
See how we support businesses
employee spotlight
Everyday dedication meets everyday appreciation
Our team is committed to our employees with initiatives like Sharing Success, which awarded 97% of colleagues additional compensation this year, nearly all in stock. This is the seventh consecutive year teammates received this award, totaling more than $4.8 billion.
See how we put people first
Let’s build something together
As we consider many of the challenges that our community is facing, it is important for us to be a partner in making a difference. As President of Bank of America New Jersey, I’m proud of the collaborative efforts we have been a part of to ensure our community thrives. I oversee the bank’s work connecting individuals, families, and businesses to resources that make their financial lives better throughout our state. I’m also charged with helping strengthen economic opportunity and build strong communities, which as we know are essential to our New Jersey residents.
The Glass Half Full: Bank of America hosts third annual Women in Business Leadership Conference
The 2024 Women in Business Leadership Conference in New Jersey was designed to build connections and create new opportunities for entrepreneurs. The conference underscored the strides women are making as business leaders, professional investors and economic powerhouses. In addition to celebrating achievements, the conference encouraged attendees to continue breaking down barriers and driving progress in the face of social and economic challenges.
Creating a Place to Call Home
Like many cities across the country, Jersey City is experiencing a rapid revitalization but, at the same time, not all residents have safe and affordable places to live.
Through the construction of affordable housing options like the Dr. Lena Frances Edwards Apartments, local residents – like Taylor Allen and her daughter – have found both security and opportunity in a new home.
Announcing our partnership with the FIFA World Cup 26™
The FIFA World Cup 26™ in North America will be the first jointly hosted by three countries across 16 cities. We’re proud to support the growth of this global game and the tournament’s impact on national and local economies.
Supporting economic opportunity for all people inclusive of diverse people and communities
At Bank of America, we have a long-standing commitment to support economic opportunity for diverse people and communities.
Creating access to jobs
To help create jobs and fuel economic opportunity, we're partnering with local organizations and other companies to help people get the skills they need and build a growing pipeline of talent for jobs of the future.
At Bank of America, we believe in the power of the arts to help economies thrive, educate and enrich societies, and create greater cultural understanding. That’s why we’re helping the arts flourish in communities across the globe.
Explore our commitment Find a location
Wherever you are with your financial goals, we're right here to help. Our local specialists are ready with personalized advice and guidance at locations around your city. Find a location and make an appointment to talk to us today.
We make customers our first priority.
For three years in a row, J.D. Power has certified Bank of America for Outstanding Customer Satisfaction with Financial Health Support - Banking & Payments. ***
Going above & beyond for our teammates
We're #1 in our industry and #1 for workers on the JUST Capital's 2024 Rankings of America's Most JUST Companies. **
Being a great place to work has its rewards. And awards.
Because of our investments in industry-leading programs and resources, and our commitment to helping teammates achieve their personal and professional goals, we were awarded the Grand Stevie Award for Organization of the Year. *
* The Stevie Awards recognize the achievements of businesses and professionals worldwide. Organizations self-nominate, providing data for various categories, and winners are determined by the average scores of more than 240 professionals worldwide serving as judges.
** For the annual Rankings, JUST Capital collects and analyzes corporate data to evaluate the 1,000 largest public U.S. companies across 20 issues identified through comprehensive, ongoing public opinion research on Americans' attitudes toward responsible corporate behavior. In determining the top 10 companies for workers, JUST Capital used its Workers Leaders Index which tracks the top 20% of companies in its annual Rankings that perform the best across the five worker related issues evaluated. https://justcapital.com
*** J.D. Power 2024 Financial Health Support CertificationSM is based on exceeding customer experience benchmarks using client surveys and a best practices verification. For more information, visit www.jdpower.com/awards