Kevin Tracy | President, Bank of America Rhode Island
Hear from Kevin Tracy, President of Bank of America Rhode Island, about our role in keeping Rhode Island moving forward.
Our teammates unite business, civic and philanthropic voices to advance the economic opportunities that matter most to Rhode Island.
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.
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
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 firstcompany spotlight
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 commitmentlocal spotlight
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 Rhode Island recently presented Rhode Island Community Food Bank with a check for $50,000. We're proud to be able to help our community as we work together to move forward.
Kevin Tracy | President, Bank of America Rhode Island
Hear from Kevin Tracy, President of Bank of America Rhode Island, about our role in keeping Rhode Island moving forward.
In Rhode Island, Bank of America provides financial and volunteer support to community partners, which expand access to affordable housing, food security and healthcare for our neighbors in need.
We also proudly sponsor education, leadership development, upskilling and internship placement programs that connect unemployed and underemployed members of our community with sustainable careers at the bank and beyond. To foster growth within the state’s small business sector, we provide mentorship to entrepreneurs from diverse and underserved communities.
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.
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.
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 commitmentWhether 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.
Two years in a row, J.D. Power has certified Bank of America in:
Outstanding Customer/Client Satisfaction with Financial Health/Wellness Support
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.