Kurt Walsdorf | President, Bank of America Spokane and North Idaho
Hear from Kurt Walsdorf, President of Bank of America Spokane and North Idaho, about our role in keeping Spokane and North Idaho moving forward.
Helping our communities move forward by investing in local programs that address housing, food assistance and jobs skills is delivering on the responsibilities that are core to the values we hold as a company, and as teammates in the neighborhoods we’re fortunate to call home.
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®.
small business spotlight
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 businessesongoing commitment
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 commitmentemployee 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 firstKurt Walsdorf | President, Bank of America Spokane and North Idaho
Hear from Kurt Walsdorf, President of Bank of America Spokane and North Idaho, about our role in keeping Spokane and North Idaho moving forward.
As all of us were impacted by the health crisis, we took swift action to protect our communities by partnering with organizations addressing food insecurity, protecting our region’s most vulnerable individuals, providing access to basic needs for our youth, and keeping families in their homes. Food banks were stocked, meals delivered and food and school supply drives organized. We moved quickly to deliver funds to nonprofits that specialize in helping low-income individuals and families find housing solutions, such as mortgage assistance, paying energy bills and making critical home repairs. Ensuring school-age children have the tools they need has never been more important. We're supporting programs that help disadvantaged students by connecting them with resources to achieve academic success including wraparound services addressing mental health. On the jobs front, Bank of America partnered with local organizations to help launch a life sciences incubator to attract homegrown entrepreneurs who will innovate new products at a time when the need couldn’t be more urgent.
Founded by a group of four nonprofit leaders, all African American women, the Black Future Co-op Fund was inspired by the demonstrations in support of racial and social justice in 2020. The fund aims to support Black-led solutions to community needs throughout Washington. They’re partnering with the Consulting and Business Development Center to ensure these organizations receive the kind of financial support and guidance that can bolster their chance of success.
In the face of the pandemic, Feeding America has seen the need for food assistance rise by 70% across the country. To support our nation’s largest domestic hunger relief charity in providing critical assistance, we gave Feeding America a $1 million grant and more than $15 million to its partner organizations.
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
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