Mori Paulsen | President, Bank of America Salt Lake City
Hear from Mori Paulsen, President of Bank of America Salt Lake City, about our role in keeping Salt Lake City moving forward.
As we expand our business and open new financial centers in Utah this year, we’re also broadening our commitment to those in our communities who need help the most.
Mori Paulsen | President, Bank of America Salt Lake City
Salt Lake 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.
Taking action to support our communities, clients and teammates
Now as always, our commitment to help strengthen the communities we serve is unwavering. We’re partnering with local leaders and organizations to advance racial equality and economic opportunity, support diverse and women entrepreneurs, build job skills and create opportunities to help people succeed in today’s and tomorrow’s economy. We’re investing in benefits and resources for our employees who serve our clients in their communities. And we’re doing our part to protect our planet.
Our presence in more than 90 local markets helps us make a difference across the country.
How we’re boosting the fight against hunger in Salt Lake City
We’re committed to supporting our employees’ health and safety and to addressing our local communities’ most critical needs. That’s why we donated $100 to local hunger-relief organizations for each Bank of America employee in the U.S. who let us know they’ve received a booster shot.
Through this effort, our team in Salt Lake City recently presented Utah Food Bank with a check for $25,000Footnote*. We’re proud to be able to help our community as we work together to move forward.
Let’s build something together
We’re supporting our many partners here in Salt Lake City who are helping people—particularly our children and those in underserved communities—face unprecedented challenges. That means providing the resources needed to address the many demands being placed on both our physical and mental healthcare systems. We’re continuing to focus on helping those who are most vulnerable with housing assistance and employment services. For our Latino/Hispanic and other communities in need, we’re empowering entrepreneurs so they can succeed and build wealth. Plus, we’re working with educators in the areas of financial literacy and skills training to better prepare students for in-demand career paths.
Start-up capital for Black women
New Pattern Utah, a grant and mentorship program, is cultivating a largely overlooked and underfunded group of business owners – Black women. Less than half a percent of venture capital funding goes to Black women. Yet Black women are founding businesses at more than twice the rate as all women entrepreneurs. The goal of New Pattern Utah is to improve those odds with direct access to capital and ongoing support, including seed funding, six months of consultations with mentors and coaches, and access to resources that can help Black women grow their businesses.
Paying it forward
When Gladys Gonzalez launched her newspaper “Mundo Hispano” in 1997, she received valuable business direction from a local businessman. To honor his legacy, she launched the Suazo Business Center, which provides support for Hispanic-Latino and other minority entrepreneurs in building successful businesses.
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.
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.
Enjoy local culture for free
See some of the best museums in your area with our Museums on Us® program. You’ll receive free general admission during the first full weekend of every month with your active Bank of America, Merrill, or Bank of America Private Bank (U.S. Trust) credit or debit card and photo ID.
* Donations in each market reflect $100 per employee who has recorded their booster and an additional company contribution. Vaccination boosters and vaccination reporting are voluntary.