People helping out at food pantry

Taking action to provide essential resources and support for our communities, clients and teammates

Now as always, our commitment to help strengthen the communities we serve is unwavering. We’re partnering with local leaders and organizations to support economic opportunity for diverse people and communities, assist diverse and women entrepreneurs, build job skills and create opportunities to help people succeed in today’s and tomorrow’s economy. We’re investing in benefits and resources for our employees who serve our clients in their communities. And we’re doing our part to protect our planet.

Our presence in more than 95 local markets helps us make a difference across the country.

Employee smiling

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.

See how we put people first

Impact in your area

Learn more about our commitment to strengthen communities.

Supporting economic opportunity for diverse people and communities

We know we must do more to address the very real consequences of racism that exist in society today. The impact on communities across the country is clear.

To drive progress, we’re committed to supporting economic opportunities for diverse people and communities, building on work we’ve had underway for many years. Our actions will help address critical issues and long-term gaps, including skills and job readiness, medical capacity and access, small business support, and affordable housing.

Mechanical Engineering Design Group

Supporting diverse people & communities

At Bank of America, we have a long-standing commitment to support economic opportunity for diverse people and communities.
Photograph of a mother and child sitting in an exam room and speaking with a medical professional who is holding a computer tablet.

Advancing access to health care

Learn about our new $25 million, four-year initiative to advance health and wellness for under-resourced communities.
Two women working together

Lifting the spirits — and creating opportunities — for women in Florida

See how this Gulf Coast center empowers women during all stages of life.
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Working together to create jobs

We’re continuing to invest in our local communities to help create jobs and fuel economic opportunity. That’s why we’re partnering with local organizations and other companies to help people get the skills they need and build a growing pipeline of talent for jobs of the future.

Our efforts include our recent $25 million investment in 21 higher education institutions including community colleges, historically Black colleges and universities and Hispanic-serving institutions. Combined with an increased commitment to hiring by major employers, that means more opportunities for more members of our community.

two people holding framed certificates

A ticket to a fresh start

A Greenville, SC nonprofit gives the previously incarcerated skills to move forward.
Sign of Cuyahoga Community College

Creating access and opportunity in Cleveland

See how Bank of America’s partnership with Cuyahoga Community College is helping adults earn a high school diploma and industry credential.
Man sitting at desk typing on laptop

Education that's transforming lives and communities External link, opens in a new tab

The Academy at Bank of America provides individuals with educational resources to enhance their skills, boost their confidence, grow their business or navigate the job market.
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Supporting small businesses

More than 99% of the businesses in the United States employ fewer than 500 people, and historically, these small firms have created two-thirds of America’s net new jobs.

As of May 2021, we’ve provided more than $34 billion in support by funding small business client loans through the Paycheck Protection Program. We’re also providing up to $250 million in capital to Community Development Financial Institution (CDFI) loan funds and CDFI- and minority-owned banks to extend assistance to more small businesses.

The couple Tommy and Lisa Lau standing out of their Cypress, Texas coffee shop, wearing t-shirts that say “powered by coffee”

Asian American entrepreneurs: lessons in resilience and recovery

Why many Asian American business owners value the power of family — and the positive impact it has on communities.
Two women smiling

Advancing economic opportunity for minority entrepreneurs

See how Bank of America’s partnership with Sweet Auburn Works is helping Revitalize Retail in the Sweet Auburn Historic District.
Multiple stations in a food hall

A new recipe for success

The Indianapolis Black Chamber of Commerce is helping up-and-coming restauranteurs by providing space and support in a busy downtown food hall.​
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Helping our communities move forward

Throughout our communities, we see families, neighbors, businesses and teammates working together more than ever. To help, we’ve added $100 million to our ongoing support to organizations addressing critical needs. The funds will help increase medical response capacity, focus on vulnerable populations and help address food insecurity.

Conducting a Way of Life

Conducting a way of life

The Metropolitan Youth Orchestra uses music to teach life skills to Indianapolis students, even while they are unable to gather together in person.
CNM Building

Advancing economic mobility for Hispanic healthcare workers in New Mexico

See how we're helping Central New Mexico Community College in training, upskilling and reskilling the local Hispanic healthcare workforce.
Volunteer organizing donations

On the path to a permanent home

With its new Spanish-language program, El Camino Homeless Organization is reaching out to the growing number of Hispanic-Latino residents in need of shelter.
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