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Bank of America today announced a partnership between longtime bank partners NPower and Urban Alliance, powered by a $4.2 million grant split between both organizations.  

The collaboration between Urban Alliance and NPower will connect students, predominantly from communities of color, to technical skills and jobs and aligns with Bank of America’s commitment to advance racial equality and economic opportunity. Statistics show that many students of color do not have access to STEM courses and are often closed out of higher career opportunities. This effort will empower high school students with future-proof skills to become economically self-sufficient after graduation and access entry-level jobs in tech or tech-adjacent fields, while supporting employers with developing diverse, entry-level talent pipelines.

“We recognize that early employment is critical to help young people build the skills, networks, and experience needed to break out of cycles of...

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For the 12th consecutive year, the J.D. Power Certified Customer Service Program has recognized Bank of America’s Corporate, Global Commercial and Business Banking Services for providing “An Outstanding Customer Service Experience.” Bank of America is one of only two companies to achieve this consecutive milestone.  

“This year’s J.D. Power certification once again demonstrates our teammates’ dedication to provide an outstanding client experience and their commitment to a high-performing, client-first culture,” said Paul Simpson, Global Banking and Markets Operations and Regions Technology & Operations executive. “Our team has proven to be flexible and adaptable and I’m proud of their continued achievements.”

The 2021 certification took into account survey results and a detailed evaluation of the bank’s operations. Once again, the teams successfully completed all requirements, including side-by-side call listening exercises, bank leader and business...

Bank of America Community Development Banking, in partnership with Enterprise Community Partners, is investing $60 million – $30 million in loans and $30 million in equity financing – to support Enterprise’s Equitable Path Forward, a five-year initiative to help facilitate racial equality in housing. The investment will increase access to capital and career opportunities for BIPOC (Black, Indigenous and People of Color) leaders developing multi-family, affordable and supportive housing across the country.

Bank of America Community Development Banking is the first bank to launch a fund with dedicated financing and support to BIPOC developers. It will partner with Enterprise to provide much-needed Low Income Housing Tax Credit capital and debt financing to directly source, structure and close deals with BIPOC developers, especially emerging BIPOC developers seeking both flexible capital and technical assistance.

This commitment complements Bank of America’s...

The world of work is transforming. Not only have we worked through a once-in-a-generation global pandemic, but decades of automation, the rise of artificial intelligence and a new shift to remote work have all reshaped what our professional lives look like — and what we’re expecting from our employers.

Today, we are launching our 2021 LinkedIn Top Companies list, our fifth-annual ranking of the 50 best workplaces to grow your career. After taking a hiatus from the list in 2020 as we all figured out the new world of work, we’re also debuting our new methodology, which uses unique LinkedIn data to go beyond the companies that attract talent to uncover the companies that invest in their talent. These 50 companies help employees build a professional foundation that sets them up for success both at the company and beyond. 

The new methodology has seven key pillars, each revealing an important element of career progression: ability to advance, skills growth, company...

What’s driving home sales, higher home prices and bidding wars in many areas of the country? Low housing inventory and low interest rates are often factors, but Bank of America’s 2021 Homebuyer Insights Report found that a sense of community and good neighbors are also key priorities for today’s homebuyer.

According to the survey of 2,000 adults who currently own a home or plan to in the future, half (51%) of younger buyers – those ages 18 to 43 – and nearly one third (32%) of older generations – ages 57 to 75 – say community has become more important over the past year. Specifically, people want neighbors who share similar interests (73%) and are active in the community (70%). Along with a desire for more space and smart home technology, individuals are looking for a sense of connectedness and belonging when it comes to where they live.

“Over the last year, people have had plenty of time at home to reassess their priorities and goals, including how...

To say the COVID crisis has been harder on women is an egregious understatement. The disproportionate mental, emotional, physical, and financial toll on women since last March will be one of the lasting – and saddest – legacies of the pandemic. Yet, according to Civic Science data, U.S. women continue to take on a greater share of household responsibilities in areas like finance, insurance, and major purchases like houses and cars. Most men are barely taking on a couple extra grocery runs.

To talk about the challenges facing women today, CivicScience CEO and host John Dick welcomes Meredith Verdone, the Chief Marketing Officer of Bank of America, one of the largest companies in the world and a leader in corporate responsibility. Meredith and John discuss the impact of the pandemic on women in the workforce, the women who inspired her, the role of empathy in marketing, and the one place she can’t wait to go when the pandemic is over.

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