If you opt out, though, you may still receive generic advertising. We volunteered over 2 million hours over the course of a year. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. The company provides unmatched convenience in the United States, serving approximately 68 million consumer and small business clients with approximately 3,900 retail financial centers, approximately 16,000 ATMs and award-winning digital banking with approximately 56 million verified digital users. Number of Employees. And, it gives us that ability to reach people where they, and when they need us most. and over 1Mio. Clicking on the following button will update the content below. Global Banking, including Global Corporate Banking, Global Commercial Banking, Business Banking and Global Investment Banking, provides lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. This is my backyard. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members of SIPC, and, in other jurisdictions, by locally registered entities. Bank of America Coronavirus Resource Center, How we help people, companies and institutions realize their financial goals. Learn more about Davids story and United Way, Learn more about Bretts story and Legal Aid, you can opt out of online behavioral advertising, Grants up to $1,000for organizations where employees volunteer, Celebrate employees who make a difference with company-wide honor rolls and our annual Global Volunteer Awards, Presidents Volunteer Service Award recognizing U.S. employees who log at least 200 volunteer hours annually. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. Company goals are aspirational and not guarantees or promises that all goals will be met. New, Insights into the worlds most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development. And the giving doesnt stop there. We have to grow within our risk framework. VIDEO:Portrait of Eric. Bank of America Coronavirus Resource Center, How we help people, companies and institutions realize their financial goals. Bank of America is rewarding almost all of its employees with a pool of $1 billion in restricted stock, further boosting compensation as financial firms compete to . Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Financial Center & ATM. Diversity & inclusion. And you come back and see which was an empty lot, now, has a house, and now, has a family in it. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. But Bank of America claims they hired more than 2,000 new employees in March alone and raised their U.S. minimum hourly wage to $20. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation, offer or solicitation for the purchase or sale of any security, financial instrument, or strategy. It provides not only financial support, but also organizational support and the coordination of efforts across various charitable organizations that are working together to address issues.. NEIL CAVUTO . Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members ofSIPC, and, in other jurisdictions, by locally registered entities. facts. AUDIO_Tanya Burton:It's important for me to volunteer because it reminds me that I have a purpose in life. Before acting on any information in this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Better Money Habits Champion Connie Montana is one of hundreds of volunteers who empower people with the knowledge of how finances build a secure future. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs. Only two stars because manager is very friendly and helpful." Bank of America is one of the worlds leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. Fifty percent of our global workforce are women and more than 49% of our U.S.-based workforce is racially or ethnically diverse. These ads are based on your specific account relationships with us. At Bank of America, we realize the power of our people and value our differences in thought, style, sexual orientation, gender identity and expression, culture, ethnicity and experience recognizing that our diversity makes us a stronger company. It has 5 business units: Consumer Banking, comprising Deposits & Consumer Lending businesses, provides credit, banking and investment products and services. 25,000. online bonus points offer. It's their drive and passion that helps us strengthen economies around the world. Copy. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. AUDIO_Lisa Cerbone-Montalto:I have been volunteering for years with the bank because it's really a vital way to make a difference in our communities. Bank of America has 5 employees across 52 locations and $93.85 b in annual revenue in FY 2021. Basic Info Reviews History Routing Numbers Swift Code Locations Oversea Locations. There are a few ways you can learn about us. We strive to provide you with information about products and services you might find interesting and useful. Beginning in 2019, the United Way became eligible for matching gifts through Bank . AUDIO_James Martin:And once you have a certain amount of volunteer hours, you can give a grant from Bank of America to those organizations that you're passionate about. Are you interested in testing our corporate solutions? Interactive chart of Bank Of America (BAC) annual worldwide employee count from 2010 to 2022. AUDIO_ Lisa Cerbone-Montalto:You can also participate through a virtual platform and we can find those virtual opportunities and there are many of them on the internal website for Bank of America. Some of Connies go-to financial tips for her students are to pay yourself first and calculate how many hours you need to work to pay for the things you want. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. Fifty percent of our global workforce are women and more than49% of our U.S.-based workforce is racially or ethnically diverse. Following us on social media helps you to get to know us as we regularly post information about . . Copy. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (MLLA), a licensed insurance agency and wholly-owned subsidiary of BofA Corp. Investment products offered through MLPF&S and insurance and annuity products offered through MLLA: Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. Bank of America CEO Brian Moynihan appeared on FOX Business 'Cavuto: Coast to Coast' on Tuesday to discuss the pace of the economy as the Fed fights to get inflation under control. The highest-paying job at Bank of America is a Managing Director with a salary of $430,194 per year. VIDEO:Volunteers folding clothes, building a house, teaching in a classroom, packing backpacks. U.S. employees can speak with experienced financial counselors at the Benefits Education & Planning Center for free, personalized guidance with retirement planning, benefits . Get in touch with us. We're meeting the needs across the world. 2022 Bank of America Corporation. Unlimited 1.5 points for every $1 spent on all purchases >. VIDEO:Volunteers building a house. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Relationship-based ads and online behavioral advertising help us do that. What is the highest salary at Bank of America? 20 E Broad St STE 110, Columbus, OH 43215. There seems to be too many employees and none of them working. And sometimes we do need advocates who look like us or who come from the same places and have similar life experiences. Volunteers walking together down a hallway. Best Answer. Bank of America is one of the 4 largest banks in USA. Hundreds of dedicated Volunteer Champions deliver financial tips and lessons to individuals and families all across the U.S., which helps them become homeowners, pay down debt, save for college and more. Meet some of the people who work here and see how their journeys can inspire your career. We all have different levels of expertise, and we're all joined by this passion that we care. Directly accessible data for 170 industries from 50 countries All proceeds of the popular event directly benefit Junior Achievement of Oklahoma. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. We benchmark against other firms and industry metrics to monitor and review representation across EEO categories. 4 reviews of Bank of America Financial Center "Review for teller and banking services only, I have no experience with the advisors. as an employee, through salary deferrals and also as an employer, through contributions made by your business. Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). Shares of many of America's largest banks are falling sharply this week after a period of outperformance that saw Goldman Sachs Group GS, +0.30% claw back practically all of its losses from . Find employees, official website, emails, phone numbers, revenue, employee headcount, social accounts, and anything related to Bank Of America. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Here, women make up more than 50% of our global workforce, more than 45% of our global management team and more than 40% of managers. These ads are based on your specific account relationships with us. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. She loves helping her audience realize the path to better finances also leads to a better quality of life. AUDIO_Danielle Lariviere:Volunteering gives us a chance to kind of give back some of our expertise, for example, our Better Money Habits Champion role, which allows us to provide financial education. Show all statistics (6) Financial highlights. See insights on Bank of America including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. The Bank of America help page allows you to easily find answers to frequently asked questions by linking directly to topics of interest. Bank of America is a banking and financial services corporation that offers banking, investing, and other . This text provides general information. Follow us.. Global Markets offers sales & trading, market-making, financing, securities clearing, settlement and custody, and risk-management services. Equal Housing Lender Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. These materials are for informational purposes only. Brian T. Moynihan. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. VIDEO:Volunteer looking at a computer screen. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. VIDEO:Volunteers walking and waving to camera. Bank of America, N.A. To review our annual report, please visit Bank of America's Investor Relations website. Apart from this, they also have . Recently, we hosted our 21 st Global Ambassadors Program in Washington, D.C., with 20 women social entrepreneurs, business and nonprofit leaders who are at a tipping point in . Employee stock profit and pension plane , as a part time employee i had opportunity to use the employee discounts for different activities ,all the benefits they reimbursed my college tuition and allowed me to finish my BS ,good . Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. Bank of America has not been involved in the preparation of the content supplied at the unaffiliated sites and does not guarantee or assume any responsibility for its content. Back story: I have been a BoA customer for many years, starting back in high school some 20+ years ago when it took over Fleet. Welcome to Employee Resources at Home. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Bank Of America total number of employees in 2021 was 208,000, a 2.35% decline from 2020. And, you know, Ill give you an acronym for that, which is living our values every day. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Volunteer talking to someone on a zoom call. Recently, volunteers from our Global Technology & Operations helped Habitats Charlotte chapter, partnering with Apparo (a nonprofit that assists other nonprofits with technology) to update hardware, improve efficiency and make their technology more secure. That's really reflective of who we are as an organization and who we are as good corporate stewards. View All Bank of America Financial Information. All rights reserved. . MLPF&S is a registered broker-dealer, registered investment adviser, MemberSIPCand a wholly owned subsidiary of BofA Corp. Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (BofA Corp.). Every one of our employees has been where you are. Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic . 63 questions about Benefits at Bank of America. Total assets of Bank of America 2009-2021, Revenue net of interest expense of Bank of America 2021, by region, Tier 1 capital ratio at Bank of America 2009-2021, Price of Bank of America shares 1990-2021, Return on equity at Bank of America 2007-2021, Net interest margin of Bank of America 2014-2019, Gender diversity in the workforce of Bank of America in the U.S. 2019-2021, Racial diversity in the workforce of Bank of America in the U. S. 2019-2021, Gender diversity in the leadership of Bank of America 2021, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Leading banks in the U.S. 2021, by number of employees, Leading banks in the U.S. 2021, by domestic deposits, Largest banks in the U.S. 2021, by assets, Banks with the most branches in the U.S. 2021, Ad spend of selected credit card issuers in the U.S. 2021, Bank of America revenue net of interest expense 2017-2021, Bank of America: quarterly net income 2017-2022, Bank of America quarterly net interest income 2017-2021, Total assets of retail customers at Bank of America 2015-2021, Total assets of Bank of America 2014-2021, by region, Value of client assets at Bank of America 2021, by segment, Largest banks globally 2021, by market capitalization, Market capitalization of Bank of America 2001-2021, Long-term debt of Bank of America 2021, by maturity, Racial diversity in the leadership of Bank of America in the U.S. 2021, Gender diversity at Bank of America in the U.S. 2021, by job category, Racial diversity at Bank of America in the U.S. 2021, by job category, Revenue net of interest expenses of Bank of America in EMEA, Price of Bank of America shares traded on NYSE, Share of female employees in total workforce, Share of racial minorities in total workforce, Gender diversity at the largest U.S. banks. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. All rights reserved. Was a great place to work until Bank of America came in and cut staff and completely changed the workplace culture. You can also transfer money from your Bank of America checking or saving account to your Bank of America credit card. I have long supported the United Way because of its important convening role and community impact, said David. VIDEO:Volunteer assisting someone at a desk. Our Board of Directors is more than 30% women and we are one of only ten S&P 100 companies with five or more women on the board. The chart below is the historial 'Number of Employees' of Bank of America. . Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (BofA Corp.). The company serves clients through operations across the United States, its territories and approximately 35 countries. Beginning in 2019, the United Way became eligible for matching gifts through Bank of Americas updated, more flexible employee giving program. They have clients in over 150 countries. Statista assumes no Relationship-based ads and online behavioral advertising help us do that. Bank Of America Number of Employees is currently at 213 K. Number of Employees shows the total number of permanent full time and part time employees working for a given Bank Of America and processed through its payroll. Bank of America's headcount has bounced between 205,000 and 215,000 in recent years, as it hired thousands of people over the pandemic. They have clients in over 150 countries. Get quick analyses with our professional research service, Toplists & Rankings: Best Employers Portal. VIDEO:Volunteer assisting someone on a computer. Directions | Schedule an appointment | Details & Services. In 2018 alone, Bank of America employees donated close to $3 million and volunteered nearly 15,000 hours of their time to the United Way worldwide to help make a difference in the lives of more than 61 million people in nearly 1,800 communities across the globe. They have 284,000 employees working for them in their offices. Financial Center & ATM. It's the people you work with that make where you work. AUDIO_James Martin: Volunteering to me is an expression of love. Every year, Bank of America employees volunteer around 35,000 hours with Habitat. Member FDIC. Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). Due to varying update cycles, statistics can display more up-to-date Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Apart from this . Company goals are aspirational and not guarantees or promises that all goals will be met. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. "We're up to about 215,000 [employees]; we need to run . 16 reviews of Bank of America Financial Center "This is probably the worst Bank of America branch I've gone to. Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. 5438 N Hamilton Rd, Columbus, OH 43230. Each year, our employees volunteer 2 million hours to strengthen communities and provide generous financial donations to more than 25,000 nonprofits around the world. Number of Employees 134978 133812 136283 138120 140914 . Our commitment to responsible growth is resolute, and has four tenets: We have to grow no excuses. We are happy to help. VIDEO:Bank of America volunteers building a house, collecting food, packing backpacks, hugging and smiling together. Our diversity makes us stronger, and the value we deliver as a company is strengthened when we bring broad perspectives together to meet the needs of our diverse stakeholders. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. As part of this effort, Bank of America recently offered Charlotte attorneys a unique opportunity to leave their current role for three months to work exclusively with Legal Aid of North Carolina, an organization that provides free legal services in civil matters to low-income individuals and families to help remove legal barriers to economic opportunity. The company's vice chairman, Anne Finucane, says, "we won . Make my favorite Capital Square. Morgan Stanley announced yesterday that it was cutting 2% of its global workforce or about 1,600 employees. We believe that achieving strong operating results the right way starts with our teammates, and we know we must reflect the diversity of the clients and communities we serve. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (BofA Corp.). liability for the information given being complete or correct. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook Our branch conveniently offers drive-thru ATM services. If you opt out, though, you may still receive generic advertising. Before acting on any information in this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. 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