Andy Nadeau | President, Bank of America Asheville
Hear from Andy Nadeau, President of Bank of America Asheville, about our role in keeping Asheville moving forward.
We strive to be a community convener and thought leader that integrates a global perspective with a local approach to drive economic opportunity for all those within western North Carolina.
Andy Nadeau | President, Bank of America Asheville
Asheville 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.
Turn financial knowledge into action
At Bank of America, we invest in the communities we serve. 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®.
small business spotlight
When entrepreneurs succeed, our communities do too
As America's #1 business lender, we are invested in local economies with over $30 billion in business loans. Our commitment includes providing funding to under-resourced small businesses 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 strengthens our community.
See how we support businesses
ongoing commitment
Offering the community
more ways to go
We're always looking for ways to support people's choices in the communities we serve. That's why Bank of America is adding charging stations for electric vehicles (EVs) to over 90 financial centers nationwide. For our customers who are interested, we have financing for EVs and charging accessories. And we're also supporting the choices our teammates make with employee rebates on EVs.
Learn more about our commitment
employee spotlight
Everyday dedication meets everyday appreciation
We continue to invest in our employees with initiatives like Sharing Success, which awarded 96% of colleagues additional compensation this year, nearly all in stock. This is the sixth time teammates received this award, totaling more than $4 billion. We are committed to being a Great Place to Work for our teammates locally and around the globe including providing leading benefits, minimum wage at $22/hr on track to $25/hr by 2025 and opportunities to build a career with us.
See how we put people firstLet’s build something together
Bank of America’s growing team along the mountains of western North Carolina partners with local academic, business, government and nonprofit leaders that connect members of underserved communities with sustainable employment. This commitment to championing financial literacy and workforce development extends to developing young leaders through targeted education, mentorship, skills development and internship programs.
We also provide sponsorship and volunteer support to community partners that ensure our most vulnerable neighbors’ food, healthcare, housing and childcare needs are met — proudly evidenced by our donation of 40 million articles of PPE to local nonprofits during the global pandemic. To empower our teammates, we have developed new approaches to staying connected, both virtually and in person, and encourage each associate to reach their full potential by bringing their authentic self to work.
A boost for local employment in Asheville
The Skills Training Employment Program (STEP), a partnership between Asheville-Buncombe Technical Community College and the Buncombe County Department of Health and Human Services, seeks to connect qualified candidates to open jobs, as well as provide training opportunities to local residents that want to reskill. Bank of America funds nearly half of the STEP program directly through grants as part of the bank’s $1.25 billion five-year commitment to advance racial equality and economic opportunity
Racial equality and economic opportunity
At Bank of America, we’re committed to addressing the root causes of inequality through a company-wide commitment to advancing racial equality and economic opportunity across diverse communities. We are doing this by building upon our existing efforts and leveraging our strengths: creating more affordable housing and expanding home ownership, increasing lending and support to minority-owned small businesses, championing job training and career readiness and addressing health disparities like access to care. We also know we can’t solve these challenges alone, so we’re partnering with other corporations, local nonprofits and community leaders across the country who share our vision for creating meaningful change.
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The power of the arts
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 commitmentFind a location
Whether you have everyday financial needs or more complex ones, our experienced specialists can help at locations around your city. Find a location and make an appointment to talk with us.
We remain committed to supporting you with your financial needs during the health crisis. Our top priority is the health and safety of our clients and teammates. We encourage visitors wear face coverings when visiting our centers.
In some locations, you may be required to wear a face covering to enter, in alignment with local ordinances.
We make customers our first priority.
Two years in a row, J.D. Power has certified Bank of America in:
Outstanding Customer/Client Satisfaction with Financial Health/Wellness Support
Digital tools so impressive, you just can’t stop banking.
Wonder what everyone’s doing on their phones? They’re banking. And budgeting. And planning. And investing with Merrill – all in one place.
