Matthew Elliott | President, Bank of America Detroit
Hear from Matthew Elliott, President of Bank of America Detroit, about our role in keeping Detroit moving forward.
My team and I are committed to addressing racial and economic disparities by funding programs that empower citizens and break down barriers. I'm very fortunate to work for a company that commits the resources needed to really make an impact.
Matthew Elliott | President, Bank of America Detroit
Detroit 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.
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local spotlight
Meet the next generation of change-makers
Through a national leadership summit and an internship with local partners, including Focus: HOPE, 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
Detroit is home to more than manufacturing; our streets are lined with award-winning restaurants, small businesses and a booming arts and culture district. The health crisis hit Detroit early and hard, particularly within the City itself, a low-to-moderate income area with a large minority population. Bank of America took action by moving quickly to address critical needs, starting with food insecurity. We funded an innovative program that utilized empty airline kitchens to produce meals for those in need—and also helped save jobs in the airline industry. We helped develop mobile COVID-19 testing units to overcome public transit challenges and reach our most vulnerable citizens. On the jobs front, we funded the startup of an organization that is the new front door for Detroit's burgeoning small business sector, and continued to fund Detroit’s entrepreneurship hub, empowering startups and local businesses to accelerate inclusive economic development. Lastly, we support a wonderful citywide summer jobs program that provides meaningful employment opportunities for Detroit youth. Workforce development will continue to be our focus in the upcoming months and years.
Closing the digital divide, opening new opportunities
For young people, the digital divide can be a daunting barrier to entry for careers in IT. That’s why NPower Michigan offers Tech Fundamentals, an education and job placement program for young people ages 18-25 and military veterans that provides the skills training and career pathways needed to enter and succeed in this growing field. A grant from Bank of America, part of the bank’s $1.25 billion, five-year commitment to advance racial equality and economic opportunity will help NPower Michigan continue to offer Tech Fundamentals and support the expansion of the program.
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
On this episode of Bank of America’s Masterpiece Moment, hear Salvador Salort-Pons, Director of the Detroit Institute of Arts, discuss the work Detroit Industry Murals by Diego Rivera.
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. Through programs like Museums on Us, 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.
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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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