Steve Alch | President, Bank of America Central Florida
Hear from Steve Alch, President of Bank of America Central Florida, about our role in keeping Central Florida moving forward.
Stepping up for members of the community who need help makes my job very rewarding. I’m grateful that Bank of America can use its resources and connections to make a positive impact.
Steve Alch | President, Bank of America Central Florida
Central Florida 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 makes a real difference in our community. One of our key areas of focus is equipping people with the right skills for high-demand jobs. Partnering with a community college, we support an accelerated skills program that trains people for local engineering, distribution and healthcare jobs. Additionally, we’ve funded a training center close to transportation links, helping underserved communities access the initiative. We also partner with a nonprofit that has pivoted its hands-on culinary training from the hospitality industry to people experiencing food insecurity. Small businesses are a priority too: We help Hispanic entrepreneurs, as well as providing female business owners, especially women of color, with access to a no-cost education program. And when it comes to community health, we support a nonprofit that delivers essential medication and services to vulnerable neighborhoods.
The resurgence in Florida’s Black-owned enterprise
As Black-owned businesses continue to be particularly hard hit by the coronavirus, Black Business Investment Fund of Florida (BBIF), a CDFI with a mission to serve low- and moderate-income communities through business lending and training, has moved the entirety of its operations online. The organization is also delivering necessary funding to its clients—in just two months, BBIF provided nearly 300 loans through the SBA’s Payment Protection Program (PPP), helping businesses ranging from childcare centers to information technology firms to local landscapers.
Carl Williams inspired us all in Orlando
Bank of America celebrates employee Carl Williams for competing in the 2022 Special Olympics. For three decades, Carl has been inspiring us through his many contributions and hard work in our Support Services area. We couldn't be prouder to recognize him as an athlete and to call him our teammate.
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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.
