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.
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®.
local spotlight
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
student spotlight
Meet the next generation of
change-makers
Since 2004, our Student Leaders® program has helped prepare high school students for the workforce by connecting them to skills development and leadership training. Through paid internships with local nonprofits like Focus: HOPE, they gain practical work and life experiences. It's just one more way we're working to build a better future for all.
Learn about student leadership
the academy
Empowering the local workforce
We’re investing in people’s futures by helping our neighbors build careers that support families and fuel our economy. The Academy at Bank of America offers resources to foster the growth and success of our communities and teammates. If you’d like to enhance your skills and boost your confidence, training is free and open to all.
Register for free live webinarsLet’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.
showing element 1 of 3
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
Wherever you are with your financial goals, we're right here to help. Our local specialists are ready with personalized advice and guidance at locations around your city. Find a location and make an appointment to talk to us today.
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
Being a great place to work has its rewards. And awards.
Because of our investments in industry-leading programs and resources, and our commitment to helping teammates achieve their personal and professional goals, we were awarded the Grand Stevie Award for Organization of the Year. *
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 online.
* The Stevie Awards recognize the achievements of businesses and professionals worldwide. Organizations self-nominate, providing data for various categories, and winners are determined by the average scores of more than 240 professionals worldwide serving as judges.