Andrew Diedrichsen | President, Bank of America Reno
Hear from Andrew Diedrichsen, President of Bank of America Reno, about our role in keeping Reno moving forward.
As Reno’s economic growth continues, we have a significant opportunity to grow our own presence while proudly expanding our role as a community partner and leader focused on advancing workforce development and job creation initiatives throughout our neighborhoods.
Andrew Diedrichsen | President, Bank of America Reno
Reno 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 is proud to serve The Biggest Little City in the World, and we have focused on supporting initiatives that drive workforce development and job creation throughout northern Nevada. To this end, we have partnered with local business leaders, economic development organizations, government agencies and community nonprofits to ensure Reno’s growth benefits all those who live and work here.
That’s why we have supported local academic institutions and nonprofit organizations that provide scholarships and internships to underserved youth and first-generation college students. To empower our small business community, we have offered mentorship and financial literacy training to local entrepreneurs. And to help our neighbors who are most in need, we have sponsored and provided volunteer support to organizations that address access to affordable healthcare, housing and food security across our service areas.
An early start for college prep in Reno, Nevada
The Dean’s Future Scholars (DFS) program at the University of Nevada, Reno has made graduation a reality for many low-income, first-generation college students in the Reno/Sparks community. By providing one-on-one attention, the program has successfully served roughly 1,400 young people since its inception 20 years ago, nine out of 10 of them Black and Latino students. The results have been impressive, with 95% of participants graduating from high school over the past five years. Funding from Bank of America helps support this transformative, pre-college intensive program.
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
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