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. We're proud to have the efforts of our 200,000+ teammates globally recognized for putting our clients - and our communities - first.
local spotlight
Investing in Hispanic-Latino teammates, clients and communities we serve
Learn more about how we are advancing opportunities for Hispanic-Latinos as part of our commitment to responsible growth.
Read more
local spotlight
Meet the next generation of change-makers
Through a national leadership summit and an internship with local partners, including The Jo Ann Carter Harrelson Center, our Student Leaders® program provides community-minded young students with a chance to serve, inspire and hopefully change the world.
Learn more about Student Leaders showing element 1 of 2
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.
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.
The only way you get to #1 is by putting clients first.
World's Best Bank is a huge honor, but we couldn't have earned it - or others we've received - without our 200,000+ teammates and millions of clients around the globe.
Together, we're demonstrating that we deliver great results for clients and also help address important priorities in the communities we serve. It's amazing what we have the power to do when we work together.
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