Paul Mondragón | President, Bank of America New Mexico
Hear from Paul Mondragón, President of Bank of America New Mexico, about our role in keeping New Mexico moving forward.
Being able to relieve our communities of some of the hardships they face through our vast resources has made a big difference. I'm so honored to be part of the solution.
Paul Mondragón | President, Bank of America New Mexico
New Mexico 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.
See how we put people firstLet’s build something together
We're proud of the multicultural heritages that make our communities so unique. That's why, when the Native American population was hit particularly hard by the health crisis, we took action. To meet their needs, and the needs of those in other low-income areas, we partnered with organizations to deliver meals and stock food banks. Masks, gloves and hand sanitizers were donated to help stop the spread. We also directed funds to nonprofits to help focus on the job-related needs in Hispanic and Native American communities. We provided capital and consumer loans for small businesses, as well as for affordable housing, community facilities, schools and healthcare clinics.
Advancing economic mobility for Hispanic healthcare workers in New Mexico
Through support from our Progresando initiative, Central New Mexico Community College is expanding education and employment opportunities for Hispanic adults in health careers by training, upskilling and reskilling the local Hispanic healthcare workforce. The college will be able to increase the number of Hispanic adults in the healthcare workforce while also increasing their job flexibility and advancing economic success, working with more than 400 students within two years of launching the program.
Bank of America volunteers help students build financial know-how
The Boys & Girls Clubs of Central New Mexico’s paid internship program empowers teenagers to not only gain professional experience and learn essential workforce skills, but also to manage their money wisely. The interns learn about budgeting, saving and building credit as part of the bank’s ongoing efforts to partner with area nonprofits to share its free Better Money Habits education platform, a financial education resource aimed at helping individuals, families and young people gain financial know-how and resiliency.
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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 commitment
Find 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.