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Bank of America Report Highlights Commitment to Communities
Bank of America Report Highlights Commitment to Communities
Published 12-02-03
Submitted by Bank of America Corporation
Highlighted in the report are initiatives representing a variety of Bank of America community programs, including:
- Financing and a combination of equity investments totaling $14 million to restore the historic Hippodrome Performing Arts Center in Baltimore, Maryland
- The bank's "America/Works" initiative, providing jobs and career paths for 7,000 individuals who had been on public assistance
- A five-year, $50 million commitment to "Success By 6" to help United Way agencies across the country prepare children for school
- Bank of America was the first major U.S. financial services company to endorse the CERES Principles, a corporate code of conduct for environmental responsibility
- 4,000 Team Bank of America volunteers, who collectively helped clean 50 miles of coastline in 12 states.
- Sponsorship of the U.S. Olympic Team, making it possible for our country's best athletes to represent the United States in world-class competition. The bank has sponsored the U.S. Olympic Team since 1992.
- Community Development Banking, through investments and lending programs
- Bank of America Foundation, supporting programs in student achievement, financial education, affordable housing and economic development
- Environmental Initiatives, promoting higher standards of environmental protection compatible with economic development and community growth
- Team Bank of America, an associate and retiree volunteer network
- Sponsorships, bringing benefits to communities by supporting cultural, sporting and other activities.
One of the world's leading financial services companies, Bank of America is committed to making banking work for customers and clients like it never has before. Through innovative technologies and the ingenuity of its people, Bank of America provides individuals, small businesses and commercial, corporate and institutional clients across the United States and around the world new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever, wherever and however they choose through the nation's largest financial services network, including approximately 4,400 domestic offices and more than 13,200 ATMs, as well as 31 international offices serving clients in more than 150 countries, and an Internet Web site that provides online banking access to 6 million active users, more than any other bank.
View the Bank of America Report in the CSRwire Report Library.
