Mori Paulsen | President, Bank of America Utah
Hear from Mori Paulsen, President of Bank of America Utah, about our role in keeping Utah 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 Utah
Utah 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®.
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
company spotlight
We're investing in women
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 commitment
local spotlight
Another boost in the fight against hunger in Utah
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 Utah recently presented Utah Food Bank with a check for $25,000. We're proud to be able to help our community as we work together to move forward.
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Let’s build something together
We’re supporting our many partners here in Utah 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.
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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 commitment
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.
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
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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.