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
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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.

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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 address critical needs, and to advance racial equality and economic opportunity. We’re collaborating with companies and working with skill-building partners to help people succeed in today’s and tomorrow’s economy. And we’re doing our part to help people stay healthy — including investing in benefits and resources for our employees who serve our clients in their communities.

Matthew Elliott | President, Bank of America Detroit

Matthew Elliott | President, Bank of America Detroit

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.

Grandfather and grandson

Advancing Racial Equality and Economic Opportunity

The need for real progress on racial and economic inequality in the United States has been accentuated by the impact of the coronavirus on communities of color, and amplified by acts of injustice. We all have a role to play in helping move communities forward – an understanding that forms the foundation of Bank of America’s long-standing commitment to the people and communities it serves. And they’re at the heart of the bank’s $1.25 billion commitment over the next five years to advance racial equality and economic opportunity.

Engineers in class

Fueling economic growth through jobs and skills development

The job skills gap has disproportionately affected Black and Latino individuals – and this disparity has been compounded by the coronavirus. To help address this gap, Bank of America works with local nonprofits, employers and broader networks across the country to support skills-training programs that meet the specific workforce demands of local communities. The result is a diverse talent pipeline for employers – and a clear path to employment for individuals.

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The capital minority and women-led business owners need now

Financial support is critical for underrepresented entrepreneurs who want to start and grow their own companies.
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Small business: Paving the road to recovery

A look at the Paycheck Protection Program, the critical support it’s providing to businesses, and how it’s helping the economy recover.
IN THE NEWS: Meeting the growing demand for a square meal

Meeting the growing demand for a square meal

Feeding America, with support from Bank of America, is helping provide food to people in need.

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. Of course, nothing is more important than your health and safety, and we have taken multiple steps to minimize health risks, based on guidelines from the Centers for Disease Control (CDC) and Prevention. These steps we have taken in our financial centers include enhancing the daily cleaning procedures, implementing plastic screens and distancing markers, following local restrictions on the number of clients that can enter a financial center at one time, and requiring our employees to wear masks. In addition, we are requiring clients wear masks when visiting our financial centers.

Bank of America Financial Center employee
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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.