Derek Cohen | President, Bank of America Coastal North Carolina
Hear from Derek Cohen, President of Bank of America Coastal North Carolina, about our role in keeping Coastal North Carolina moving forward.
I'm proud to work for a company that prioritizes communities that are most in need. It feels great to be part of making lives better, not just for today, but for generations to come.
Derek Cohen | President, Bank of America Coastal North Carolina
Coastal North Carolina 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.
Taking action to support our communities, clients and teammates
Now as always, our commitment to help strengthen the communities we serve is unwavering. We’re partnering with local leaders and organizations to advance racial equality and economic opportunity, support diverse and women entrepreneurs, build job skills and create opportunities to help people succeed in today’s and tomorrow’s economy. We’re investing in benefits and resources for our employees who serve our clients in their communities. And we’re doing our part to protect our planet.
Our presence in more than 90 local markets helps us make a difference across the country.
How we’re boosting the fight against hunger in Coastal North Carolina
We’re committed to supporting our employees’ health and safety and to addressing our local communities’ most critical needs. That’s why we donated $100 to local hunger-relief organizations for each Bank of America employee in the U.S. who let us know they’ve received a booster shot.
Through this effort, our team in Coastal North Carolina recently presented Foodbank of Central & Eastern North Carolina at Wilmington with a check for $25,000Footnote*. We’re proud to be able to help our community as we work together to move forward.
Let’s build something together
Bank of America wants to ensure everyone shares in the success of our region. We’re focused on working with nonprofits to address hunger and homelessness and help our neighbors get what they need. We support a number of programs aimed at underserved communities to assist with affordable housing and workforce development. We’re committed to overcoming generational poverty and breaking down the barriers people face in finding viable, well-paid careers. Our employment support includes an internship program for high school students that creates new pathways to employment and teaches key life skills. We also provide funds for up-skilling initiatives focusing on racially diverse communities and the formerly incarcerated. We found ways to assist working parents during the health crisis by supporting a local nonprofit that pivoted from its normal after-school activities to providing full-time childcare when schools were closed. Whatever the challenges, we remain steadfast in supporting our community.
Voyage gives young people a strong start in the workforce
The Northside of downtown Wilmington, NC has faced some tough times, including high rates of youth violence compounded by persistent poverty. To combat both, Voyage, a nonprofit that was founded in 2008 as the Blue Ribbon Commission on the Prevention of Youth Violence, offers a summer training, internship and employment program to local high school students. The program is designed to start and keep students on a career path by surrounding them with counselors and mentors.
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.
Find 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.
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Enjoy local culture for free
See some of the best museums in your area with our Museums on Us® program. You’ll receive free general admission during the first full weekend of every month with your active Bank of America, Merrill, or Bank of America Private Bank (U.S. Trust) credit or debit card and photo ID.
* Donations in each market reflect $100 per employee who has recorded their booster and an additional company contribution. Vaccination boosters and vaccination reporting are voluntary.