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.
The right tools to help you take—and keep—control of your finances
The majority of Americans don’t have a written financial plan. But starting one now is easier than ever. With Bank of America, you get impressive digital tools to help you save, local experts any time you need, and the power to make your money go further.
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Another boost in 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've donated to local hunger-relief organizations on behalf of each employee who received a COVID-19 vaccine or booster and/or a flu shot.* In addition, employees are doubling the impact of their personal donations to fight hunger with our matching gifts program.
Through this effort, our team in Coastal North Carolina recently presented Food Bank of Central & Eastern North Carolina with a check for $25,000. We're proud to be able to help our community as we work together to move forward.
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Our commitment to veterans and service members
We’re proud to support the unique needs of our heroes as they transition to civilian life and careers by offering online resources on financial education, expanded financial center access near military installations, and intentional hiring practices.
Learn more about our support
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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.
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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.
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.
*Donations in each market reflect $50 per employee who recorded their booster, $50 per employee who received their flu shot, and an additional company contribution. Vaccination boosters and vaccination reporting are voluntary.