Jose Tavarez | President, Bank of America New York City
Resiliency, strength and compassion are key to New York’s spirit, especially through challenging times. There is unprecedented need now, and Bank of America will continue its unwavering support of our communities to keep New York strong.
Jose Tavarez | President, Bank of America New York City
New York City 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
Bank of America partners with nonprofit organizations in New York City’s five boroughs and Westchester County to address the pressing needs of the community. To help New Yorkers in need, we support hunger relief agencies that provide millions of meals and other essential items and work with partners addressing the inequities of access to healthcare. To advance economic security for our most vulnerable and diverse neighbors we support skill-building programs through local colleges and nonprofit organizations that lead to better job opportunities. And, we continue to work with partners helping small and minority-led businesses who are facing enormous challenges. As New Yorkers, we are a resilient community because we pull for each other, together.
A summer to build on
In New York City, we’ve partnered with the country’s largest public school system to prepare students for rewarding careers. Since 2012, with the support of Bank of America, the New York City Department of Education’s summer enrichment and paid internship program has provided real-world education and training for more than 1000 rising high school juniors and seniors. Participating students gain exposure to the fields they are studying in school, develop technical and employability skills, strengthen their professional network, earn college credit and ward off summer learning loss.
Girl Scouts of Greater New York: The next generation of women leaders
Each year, Girl Scouts of Greater New York serves more than 32,000 girls ages 5 to 17 through its programs. One of those is the Leadership Institute, an intensive program that accepts a few hundred applicants every year and provides them with everything from college prep to professional development to access to career role models. Open to Girl Scouts in grades 6 to 12, the Leadership Institute features workshops, real-world projects, internships, job shadowing and more — all designed to build leadership skills. In 2020, the Leadership Institute went virtual with the support of Bank of America. Now the bank is helping with program enhancements, including career guidance from female bank employees and support for the Business & Entrepreneurship track and badge.
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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, this bat boy just can't stop banking.
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