Hard at Work in North Carolina
Bank of America’s rich history in North Carolina began more than 130 years ago. In 1874, a small group of Charlotte residents started Commercial National Bank to meet the needs of the fast-growing city. Eventually, Commercial National merged with other North Carolina banks to form the North Carolina National Bank (NCNB) and then NationsBank. Today’s Bank of America is still headquartered in Charlotte and has grown to become one of the nation’s largest financial institutions, providing services to half of all American households.
Feb 18, 2014
IN THE NEWS (The Charlotte Observer): Charlotte-area female entrepreneurs looking to grow their businesses will have greater access to capital, mentoring and networking thanks to a new partnership between billionaire fashion designer Tory Burch and Bank of America… learn More about BofA looks to boost female entrepreneurs
Dec 11, 2013
IN THE NEWS (The Charlotte Observer): The Bank of America Charitable Foundation announced this week that it would be awarding $750,000 in grants to eleven nonprofits in Charlotte. The nonprofits all address critical needs such as hunger and shelter, as well as longer-term solutions that promote access to benefits and resources… learn More about Bank Of America Donates $750,000 To Charlotte Nonprofits
Jan 29, 2014
IN THE NEWS (The Charlotte Observer): Foundation for the Carolinas' proposal to turn the boarded-up Carolina Theatre on North Tryon Street into a civic meeting hall got a major boost Tuesday, when Bank of America CEO Brian Moynihan revealed the bank is giving $5 million to jump-start renovation… learn More about Bank of America gives $5 million to renovate Carolina Theatre
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
Oct 29, 2013
IN THE NEWS (The Charlotte Observer): Charlotte's Mint Museum will announce Tuesday the launch of an initiative to expand its collection largely through gifts of major artwork and has already landed its first acquisition -- a billboard-sized abstract familiar to visitors… learn More about Mint Acquires Massive Work, Launches Acquisition Drive
*30,047 mortgage modifications in North Carolina since 2008.