Committed to Providing Resources & Support Local Communities

At Bank of America, we help people, businesses, and local communities pursue opportunities to thrive.

We have worked broadly in these areas for many years. Internally, this is core to being a great place to work, hiring and recruiting the best talent including teammates with diverse backgrounds, perspectives, and skills.

Externally, this is core to our client-driven approach, delivering products and services that meet the needs of clients, and investing our resources to support our local communities.

local spotlight

The Official Bank Partner of the U.S. Soccer Federation

We're proudly building on our efforts to drive a positive impact in the game and in our communities across the country.

Two fans overlooking soccer field and cheering as game goes on

local spotlight

Lifting our community, and the world, to its feet

We're proud to be the Official Bank of the FIFA Club World Cup 2025 and FIFA World Cup 2026, supporting the games held in communities across North America, making a huge economic impact, and inspiring the next generation.

Learn more about our commitment to strengthen communities.

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.

A man wearing safety glasses using a tool at a worktable.

Creating second chances for aspiring workers

For those facing barriers to a well-paying job, this Central Kentucky organization helps deliver hope, dignity and the promise of a better future.

Inroads to employment

The Fresno DRIVE initiative helps Central Valley residents with skills training and access to well-paying jobs in the area.

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.

See all stories on Creating access to jobs

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.