Al Welch | President, Bank of America Las Vegas
Hear from Al Welch, President of Bank of America Las Vegas, about our role in keeping Las Vegas moving forward.
Las Vegas is even more of a growth town than it is a gaming town, and we are committed to convening local academic, business and nonprofit leaders to drive financial literacy and economic mobility throughout our community.
Al Welch | President, Bank of America Las Vegas
Las Vegas 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®.
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.
See how we put people first
company spotlight
We're investing in women
Our ongoing work to invest in women includes how we support them as they make meaningful contributions within our company and in our communities.
For us, it's critical to how we drive responsible growth and deliver for our shareholders and society.
Read about our commitment
local spotlight
Another boost in the fight against hunger in Las Vegas
We're committed to supporting our employees' health and safety and to addressing our local communities' most critical needs. That's why we've donated to local hunger-relief organizations on behalf of each employee who received a COVID-19 vaccine or booster and/or a flu shot.* In addition, employees are doubling the impact of their personal donations to fight hunger with our matching gifts program.
Through this effort, our team in Las Vegas recently presented Three Square with a check for $30,000. We're proud to be able to help our community as we work together to move forward.
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Let’s build something together
Bank of America’s vibrant Las Vegas presence houses the largest gaming finance portfolio in the United States, and our teammates are committed to driving workforce development and job creation in our community. We partner with local leaders to enhance the region’s academic infrastructure, facilitate upskilling and financial literacy programs, provide scholarships and ultimately connect our neighbors with sustainable careers.
To support Las Vegas’ thriving entrepreneurs, we partner with multicultural economic development organizations to open pathways for Black and Hispanic small business owners in our neighborhoods.
Essential education for in-demand jobs
In Nevada, more than half of the available jobs require a post-secondary degree, while only 30% of adults over the age of 25 have one, according to the United Way of Southern Nevada. The College of Southern Nevada in Las Vegas has made this underprepared workforce a priority through its commitment to provide job skills and educational support. These comprehensive services help participants prepare for careers in industries such as health care, information technology, logistics, construction and other skilled trades.
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.
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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
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.
*Donations in each market reflect $50 per employee who recorded their booster, $50 per employee who received their flu shot, and an additional company contribution. Vaccination boosters and vaccination reporting are voluntary.