Heidi Parkhurst | President, Bank of America Iowa
Hear from Heidi Parkhurst, President of Bank of America Iowa, about our role in keeping Iowa moving forward.
I'm incredibly proud to work for a company that gives me the opportunity to make a difference in the lives of so many people in my home state and look forward to all the possibilities that lie ahead.
Heidi Parkhurst | President, Bank of America Iowa
Iowa 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 our team faced back-to-back challenges from a natural disaster and a health crisis, we were grateful to have a company behind us that put our safety first and gave us emergency funds to help our community recover. Now, we're focused on workforce development efforts across the state. We support a great program that helps individuals and families become self-sufficient and self-reliant, preparing them for employment by addressing immediate needs, reducing barriers to employment, facilitating job readiness and assisting with job placement. Other initiatives focus on affordable housing for our minority, immigrant and low-income populations. We're also actively supporting a statewide organization dedicated to improving women's leadership roles by sharing best practices, connecting people and providing professional development opportunities in collaboration with businesses and healthcare institutions across Iowa.
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.
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 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 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.
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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