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®.
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 Spokane and North Idaho recently presented Second Harvest Inland Northwest with a check for $25,000. We're proud to be able to help our community as we work together to move forward.
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.
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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*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.