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.
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 08, 2013
As thousands of troops return home from deployment overseas, many need help as they transition into civilian life. Bank of America has proudly supported members of the military since 1920 and is committed to addressing the housing needs for service members and first responders. In fact, by the end of 2013, the bank will have donated nearly 1,000 homes to military families and first responders across the country through donations to nonprofit organizations and local government programs that provide homes for injured military veterans and first responders… learn More about Supporting the Housing Needs of America’s Veterans
*30,047 mortgage modifications in North Carolina since 2008.