Raju Patel | President, Bank of America Colorado
Hear from Raju Patel, President of Bank of America Colorado, about our role in keeping Colorado moving forward.
Every day, but especially during this health and humanitarian crisis, we’re living our values and growing responsibly. We work together to deliver for our clients and shareholders to make an impact on important issues right here in Colorado.
Raju Patel | President, Bank of America Colorado
Colorado 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.
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Let’s build something together
As President of Bank of America Colorado, I get to help make our region a better place to live and work by delivering the wide range of the bank’s capabilities. I oversee the bank’s work connecting individuals, families, and businesses to resources that make their financial lives better across Colorado. I’m also charged with helping strengthen economic opportunity and building strong communities through social responsibility efforts, which as we know are absolutely essential to Colorado at this time. These initiatives, like funding access to healthy food and PPE; partnering with nonprofits like our 2020 Neighborhood Builders, We Don’t Waste and Ready to Work Aurora; and supporting innovative workforce development and housing programs allow us to all come together as neighbors and partners toward a better Colorado.
Removing employment barriers: Getting the job is just the first step
With locations in Aurora and Denver, Ready to Work provides holistic support for those who are chronically unemployed.
Beginning with paid work, dormitory housing and case management support, the program provides support services for each step in the individuals’ journey towards full-time, paid employment. Following graduation from the program, Ready to Work trainees continue to receive counseling and other services to help sustain their housing and employment success.
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.
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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 commitment
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.
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
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