Bill Tommins | President, Bank of America Southern Connecticut
Hear from Bill Tommins, President of Bank of America Southern Connecticut, about our role in keeping Southern Connecticut moving forward.
I’m proud of the work Bank of America does in the community to make lives better. We’re particularly focused on empowering people to find great jobs that can lead to long-term success, while supporting the most vulnerable through initiatives that target homelessness and health care.
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.
Life doesn’t stop for you, but Bank of America does. 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®.
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Our team is committed to our employees with initiatives like Sharing Success, which awarded 97% of colleagues additional compensation this year, nearly all in stock. This is the seventh consecutive year teammates received this award, totaling more than $4.8 billion.
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Since 2004, our Student Leaders® program has helped prepare high school students for the workforce by connecting them to skills development and leadership training. Through paid internships with local nonprofits like Cardinal Shehan Center, they gain practical work and life experiences. It's just one more way we're working to build a better future for all.
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We’re investing in people’s futures by helping our neighbors build careers that support families and fuel our economy. The Academy at Bank of America offers resources to foster the growth and success of our communities and teammates. If you’d like to enhance your skills and boost your confidence, training is free and open to all.
Register for free live webinarsBill Tommins | President, Bank of America Southern Connecticut
Hear from Bill Tommins, President of Bank of America Southern Connecticut, about our role in keeping Southern Connecticut moving forward.
Southern Connecticut has a strong team committed to helping all our communities thrive. We’re making a difference through a number of programs, including those that connect workers to new skills and fight homelessness and food insecurity. We’re supporting hospitality workers displaced by the health crisis retrain for careers in healthcare, collaborating with major hospital systems to identify job needs. Funds have gone directly to community colleges to cover tuition for low-income students and to nonprofits that are helping their clients overcome obstacles such as a lack of childcare or transportation. We’re also working toward expanding healthcare access to our most vulnerable minority communities. And, given wealth disparities in our region, we’re proud to support affordable housing initiatives through long-standing partnerships in the area.
Confronting the uneven impact the coronavirus pandemic has had on different industries, a public-private partnership in southern Connecticut is retraining displaced workers in hospitality and other hard-hit local industries for high-demand jobs in healthcare. Workers participate in fast-tracked career training programs at local community colleges while also receiving assistance with housing, childcare, food, and other basic needs to ensure they can complete their training.
At Bank of America, we have a long-standing commitment to support economic opportunity for diverse people and 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 continue to focus on working collaboratively across sectors to advance opportunities that will create real impact in the lives of individuals and for the communities we serve, using the past to inform our perspective and understanding as we tackle barriers within our communities.
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.
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We're #1 in our industry and #1 for workers on the JUST Capital's 2024 Rankings of America's Most JUST Companies. **
Because of our investments in industry-leading programs and resources, and our commitment to helping teammates achieve their personal and professional goals, we were awarded the Grand Stevie Award for Organization of the Year. *
* The Stevie Awards recognize the achievements of businesses and professionals worldwide. Organizations self-nominate, providing data for various categories, and winners are determined by the average scores of more than 240 professionals worldwide serving as judges.
** For the annual Rankings, JUST Capital collects and analyzes corporate data to evaluate the 1,000 largest public U.S. companies across 20 issues identified through comprehensive, ongoing public opinion research on Americans' attitudes toward responsible corporate behavior. In determining the top 10 companies for workers, JUST Capital used its Workers Leaders Index which tracks the top 20% of companies in its annual Rankings that perform the best across the five worker related issues evaluated. https://justcapital.com