Raquel González | President, Bank of America Silicon Valley
Hear from Raquel González, President of Bank of America Silicon Valley, about our role in keeping Silicon Valley moving forward.
It has been a pleasure to listen, engage and address the needs of our communities and all those we're committed to serving. We cannot do this alone. To make an impact, it requires us to come together and advocate for more change. Future generations are relying on us to set a new path for our communities to thrive. I’m proud to work alongside to help make a difference in Silicon Valley.
Raquel González | President, Bank of America Silicon Valley
The Silicon Valley 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 first showing element 1 of 3
Let’s build something together
In Silicon Valley, one of the most innovative and dynamic regions in the country, Bank of America provides comprehensive strategic guidance and financial solutions to individuals, families, small businesses and corporations doing business locally and on a global scale. We share a common purpose: to make financial lives better through a focus on responsible growth and environmental, social and governance leadership. Through these efforts, we’re investing in the success of our employees and helping to develop communities, foster economic mobility and address society’s biggest challenges.
As one of the most ethnically and economically diverse regions in the country, we focus on building diverse teams, supporting career opportunities and creating a workplace that reflects the communities we serve. Community building continues to be one of our top priorities. We’ve accelerated our focus on advancing racial equality and economic opportunity. We’re partnering with public and private sector leaders to drive meaningful change in health care, jobs creation and reskilling the workforce; supporting small businesses; and creating affordable housing, helping address historical, long-term gaps where significant change is required for sustained progress.
Training beyond tech skills in Silicon Valley
In Silicon Valley, where technology, agriculture and housing innovations have dramatically transformed business over the past 30 years, the nonprofit JobTrain is helping workers assess and adjust their skills to keep pace with the shifting global economy. Through no-cost courses and job placement services in high-demand fields, the nonprofit is providing career training helps residents build successful, sustainable careers.
.jpg)
Job Skills that Help Narrow the Gap in Santa Clara County
With one of the highest median incomes in the world, Santa Clara County is a successful community—by many standards. Yet that success is not shared among all the city’s residents. Homelessness rose by almost 30%footnote1 during the coronavirus and pay disparity between men and women remains above the national average.footnote2 In partnership with the City of San Jose, San Jose Works seeks to change that by expanding economic opportunity for low-income, homeless and youth job seekers in the region.
Together, they provide skills and career counseling to help locals find jobs, new careers and earn promotions. Participants create individual plans that include a path to living wage employment. Bank of America helps fund San Jose Works’ summer youth employment program, which provides work readiness support, job training, financial education and paid work experiences. The goal is for more members of the community to have successful, long-term careers.
1https://www.sccgov.org/sites/osh/ContinuumofCare/ReportsandPublications/Pages/HomelessnessCensusandSurvey.aspx
showing element 1 of 3
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, 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.
