Carolyn Rainey | President, Bank of America Charlottesville
Our teammates form a strong, close-knit community that is committed to taking care of our neighbors through leadership and volunteerism across Charlottesville and the surrounding region.
Charlottesville 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 leadershipsmall 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 businessesemployee 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 firstLet’s build something together
Bank of America supports job creation, small business engagement, eliminating hunger and expanding access to affordable housing in central Virginia.
Through funding and volunteerism, the Charlottesville team works to address the needs of individuals and families facing food insecurity and homelessness. In collaboration with local nonprofits and both academic and business partners, teammates assist our neighbors with financial literacy training, skills development programming and, ultimately, pathways to sustainable careers. Volunteers work with nonprofits to provide mentorship, financial education and funding to local small business entrepreneurs. Through funding and volunteer support for affordable housing needs and neighborhood revitalization initiatives, we make a difference in our community.
How a local college connects employers with skilled employees
Because it has become increasingly evident that full-time employment does not always cover a family’s basic needs, Piedmont Valley Community College started Network2Work@PVCC, which helps low-income Charlottesville-area residents land the kind of jobs that can set them on the path to upward mobility. Providing resources and training to make jobseekers more marketable — while helping to remove barriers like affordable childcare and reliable transportation — neighborhood connectors then reach out to motivated and skilled candidates to match them with local employers in fields such as transportation, construction, health care and hospitality.
Supporting economic opportunity for diverse people & communities
At Bank of America, we have a long-standing commitment to support economic opportunity for diverse people and 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 continue to focus on working collaboratively across sectors to advance opportunities that will create real impact in the lives of individuals and for the communities we serve, using the past to inform our perspective and understanding as we tackle barriers within our communities.
Creating access to jobs
Investing in Hispanic-Latino teammates, clients and communities we serve
Our investment in women
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