Lori Chevy | President, Bank of America Fort Lauderdale
Hear from Lori Chevy, President of Bank of America Fort Lauderdale, about our role in keeping Fort Lauderdale moving forward.
I'm not only surrounded by a great team here in Broward County but also by teams in other local markets nearby. Collaborating with them to address the needs of our communities has really made an impact, and I'm so proud to be a part of it.
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.
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
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 businessesongoing commitment
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 commitmentemployee spotlight
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.
See how we put people firstLori Chevy | President, Bank of America Fort Lauderdale
Hear from Lori Chevy, President of Bank of America Fort Lauderdale, about our role in keeping Fort Lauderdale moving forward.
Beautiful Fort Lauderdale, known as “the Venice of America,” is visited by people from all over the world each year, making tourism and hospitality the root of our economy. One of the biggest challenges we face here is a shortage of jobs that pay income sufficient to support livelihoods despite our high cost of housing. So Bank of America is focused on funding organizations offering programs that support affordable housing. This also helps combat homelessness and assists in meeting the needs of our low-income seniors. When the health crisis hit, we were able to offer resources to organizations that provided shelter to the homeless and food for so many in the community who were suddenly unemployed. We proudly supported and volunteered at the development of an affordable housing community with more than 70 homes. On the jobs front, we're partnering with nonprofits and a local college to bring workforce training directly into minority neighborhoods throughout Broward County. Students can earn in-demand certificates and work with success coaches who provide guidance needed to enroll in college classes.
Focusing on South Florida neighborhoods with high unemployment rates, low incomes and low educational attainment levels, Broward Unlimited Potential is an outreach program that offers college classes, workforce training and certificate-based courses free of charge – right in the communities where workers live. Through training and classes that lead to credentials, certifications or degrees, the program aims to increase economic and social mobility in local neighborhoods.
Local hunger-relief organizations like Feeding South Florida have faced new challenges amidst the coronavirus pandemic to ensure that homes in need continue to have meals on the table. One way they’re doing it is paying farmers to harvest crops despite the lack of commercial demand, and by purchasing directly from distributors.
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 commitmentWhether 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.
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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