Find employees, official website, emails, phone numbers, revenue, employee headcount, social accounts, and anything related to Bank Of America. Each employee who participates in the bowl-a-thon, including Jamie, extends the power of their donation through the banks employee giving program, which matches dollar-for-dollar. To review our annual report, please visit Bank of America's Investor Relations website. We are happy to help. 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. Bank of America has 210,000 employees. It reminds me that even on the darkest of days, there's a light and I'm that light. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Asked February 25, 2016. Certain links may direct you away from Bank of America to an unaffiliated site. 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. , Bank of America and the Bank of America Logo are registered trademarks of. 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. Student on a computer. 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. 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. By disclosing our workforce data, we demonstrate the progress we are making progress that is driven from the top down by leadership who embrace diversity and inclusion as integral to our business success. Meet Our People. Volunteer talking to someone on a zoom call. Bank of America financial center is located at 1580 Georgesville Square Dr Columbus, OH 43228. Please check your download folder. They have 284,000 employees working for them in their offices. and over 1Mio. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (MLLA), a licensed insurance agency and wholly-owned subsidiary of BofA Corp. 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 . Certain links may direct you away from Bank of America to an unaffiliated site. 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 . What is the highest salary at Bank of America? Financial Center & ATM. So, this is my neighborhood. 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. VIDEO:Volunteer assisting someone on a computer. These ads are based on your specific account relationships with us. 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. 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. View info about Bank Of America (bankofamerica.com). The most important key figures provide you with a compact summary of the topic of "Bank of America" and take you straight to the corresponding statistics. We're all in this together. Annually, their giving directs more than $60 million in total to communities via individual giving and the banks matching gifts program. Apart from this . Responsible growth. 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. Was a great place to work until Bank of America came in and cut staff and completely changed the workplace culture. Certain links may direct you away from Bank of America to an unaffiliated site. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. These ads are based on your specific account relationships with us. You can also transfer money from your Bank of America checking or saving account to your Bank of America credit card. 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. 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. facts. you can opt out of online behavioral advertising. I'm Latino, right? 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. 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. 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 . 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. January 25, 2022, 1:28 PM PST. Welcome to Employee Resources at Home. Stable, affordable housing is the backbone of strong communities, which is why our 30+ year partnership with Habitat for Humanity is so meaningful to us. It has 5 business units: Consumer Banking, comprising Deposits & Consumer Lending businesses, provides credit, banking and investment products and services. There seems to be too many employees and none of them working. "We're up to about 215,000 [employees]; we need to run . Bank of America partnered with Vital Voices in 2012 to create the Global Ambassadors Program. 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. If you opt out, though, you may still receive generic advertising. 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). 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 . 4 reviews of Bank of America Financial Center "Review for teller and banking services only, I have no experience with the advisors. If you opt out, though, you may still receive generic advertising. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Due to varying update cycles, statistics can display more up-to-date Published by Statista Research Department , Oct 4, 2022. Show all statistics (6) Financial highlights. Bank of America is one of the world's 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. 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. Every year, Bank of America employees volunteer around 35,000 hours with Habitat. We benchmark against other firms and industry metrics to monitor and review representation across EEO categories. 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. 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. A family sitting on a porch, smiling and hugging. VIDEO:Volunteers folding clothes, building a house, teaching in a classroom, packing backpacks. 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. $60 million in financial donations to about 20,000 nonprofits. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. 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. 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. Better Money Habits connects people to the tools, resources and education they need to achieve their financial goals. 2022 Bank of America Corporation. There are a few ways you can learn about us. 20 E Broad St STE 110, Columbus, OH 43215. 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. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Meet some of the people who work here and see how their journeys can inspire your career. Directions | Schedule an appointment | Details & Services. Interactive chart of Bank Of America (BAC) annual worldwide employee count from 2010 to 2022. 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. Every one of our employees has been where you are. Every February for the past three years, Jamie Mayes, senior relationship manager, Global Banking & Markets, rallies with her colleagues in Tulsa, Oklahoma to host and compete in a Junior Achievement bowl-a-thon at a nearby bowling alley. Its something that we do purposely and purposeful to reach and impact lives of others. Copy. Bank Of America total number of employees in 2020 was 213,000, a 2.4% increase from 2019. 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 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.). 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. The company provides unmatched convenience in the United States . When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. This text provides general information. Our employees donate generously to causes that they care about, from disaster relief to education and other community needs. I have long supported the United Way because of its important convening role and community impact, said David. Wells Fargo Bank was the largest U.S. employer in the banking sector as of December 31, 2021. Equal Housing Lender We volunteered over 2 million hours over the course of a year. Chair and CEO, Bank of America Corporation. 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 . Bank of America is one of the 4 largest banks in USA. As an employee, you can contribute up to $19,500 for 2021 ($26,000 for those age 50 and older . Get quick analyses with our professional research service, Toplists & Rankings: Best Employers Portal. Diversity and inclusion are central to our company's values, and we . We have to grow within our risk framework. Thats why employees across Bank of Americas Legal Department are actively involved in providing pro bono work a Latin term signifying free, public-interest legal services in the communities we serve. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. Bank of America has 5 employees across 52 locations and $93.85 b in annual revenue in FY 2021. Bank of America Coronavirus Resource Center, How we help people, companies and institutions realize their financial goals. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. We believe the routine disclosure of our workforce diversity metrics holds our management team accountable and ensures we are delivering on our commitment to increase representation. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Beginning in 2019, the United Way became eligible for matching gifts through Bank of Americas updated, more flexible employee giving program. The company's vice chairman, Anne Finucane, says, "we won . Find out how Bank of America's Employee Networks provide employees with opportunities to connect with each other and grow personally and professionally. Follow us.. Bank of America is one of the 4 largest banks in USA. Bank of America, N.A. When autocomplete results are available use up and down arrows to review and enter to select. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. 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. Unlimited 1.5 points for every $1 spent on all purchases >. They have clients in over 150 countries. 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. Beginning in 2019, the United Way became eligible for matching gifts through Bank . Mentoring emerging women leaders through our Global Ambassadors Program. That's really reflective of who we are as an organization and who we are as good corporate stewards. We offer eligible U.S. employees up to 5% of eligible pay in 401 (k) company-matching contributions, plus 2% or 3% in annual contributions (based on years of service). As the possibility of an economic downturn begins to spill over from the tech sector into banking, many of Bank of America's peers have already started culling their employees to lean their operations as dealmaking dries up. Interactive chart of Bank Of America (BAC) annual worldwide employee count from 2010 to 2022. 5438 N Hamilton Rd, Columbus, OH 43230. Best Answer. 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.. Number of Employees 134978 133812 136283 138120 140914 . Get in touch with us. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (MLLA), a licensed insurance agency and wholly-owned subsidiary of BofA Corp. We are delivering on our purpose to help make financial lives better through our focus on responsible growth. 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.). We all have different passions. They used to care a lot about their employees and unfortunately that has drastically changed. 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. Read our 2021 Annual Report to learn more about how we serve our teammates and, in turn, our clients and communities. 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.). All rights reserved. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Global Markets offers sales & trading, market-making, financing, securities clearing, settlement and custody, and risk-management services. Apart from this, they also have . Company goals are aspirational and not guarantees or promises that all goals will be met. AUDIO_James Martin: Volunteering to me is an expression of love. We strive to provide you with information about products and services you might find interesting and useful. . Global Wealth & Investment Management, comprising Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management, offers wealth structuring, trust and banking needs and specialty asset management services. Net income of Bank of America 2009-2021. We're proud to have strong representation of women at our organization. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. AUDIO_Jackie Baroody:We actually are able to take time off to volunteer for organizations that is either within our passion or volunteering in our communities, in our backyards of our homes, our financial centers. What are Bank of America's primary industries? Open today until 1pm. How many employees does Bank of America have? Bank of America's financial center and ATM located at 1580 Georgesville Square Dr in Columbus, OH is conveniently located for the banking services you need. We all have different levels of expertise, and we're all joined by this passion that we care. VIDEO:Volunteers folding clothes, stacking boxes, building a house. It's their drive and passion that helps us strengthen economies around the world. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. 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. 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. 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. Directly accessible data for 170 industries from 50 countries 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. Bank of America's main industries are: Banking, Finance, . Statista assumes no Bank of America is a banking and financial services corporation that offers banking, investing, and other . Business Development Officer (Current Employee) - Columbus, OH - October 5, 2015. We really think about the different communities we serve and the multicultural, multi-generational and cross-geographical needs of those different communities. 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. It's the people you work with that make where you work. 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.). Bank of America Corp. is one of the largest financial holding companies in the U.S. 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). Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. 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. Member FDIC. . 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. And it goes for every race, every single community. Are you interested in testing our corporate solutions? liability for the information given being complete or correct. More than 45 minutes wait just to request a new card. AUDIO_Eric James:The bank also offers a matching gift program to bank employees. In the following 5 chapters, you will quickly find the 26 most important statistics relating to "Bank of America". GRAPHIC:WHAT WOULD YOU LIKE THE POWER TO DO? Clicking on the following button will update the content below. 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. Its both rewarding and inspiring to see firsthand the impact that the Junior Achievement curriculum has on the students, said Jamie. We strive to provide you with information about products and services you might find interesting and useful. Directions | Schedule an appointment | Details & Services. 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. Fifty percent of our global workforce are women and more than 49% of our U.S.-based workforce is racially or ethnically diverse. If you prefer that we not use this information, you can opt out of online behavioral advertising. The highest-paying job at Bank of America is a Managing Director with a salary of $430,194 per year. And the giving doesnt stop there. It was my primary bank for many years until I began to move around for my job and realized that it was not, despite its name, found . They have 284,000 employees working for them in their offices. And, our growth must be sustainable . Sometimes those who need legal aid the most have the greatest difficulty affording it. 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. By maintaining this focus, we believe our company will be well-positioned to attract and retain diverse talent, better serve our clients and communities, and build meaningful connections among our teammates. This is my backyard. 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. AUDIO_Sean Lenahan:I think it really encourages an environment of employees to do good and it is infectious. 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. 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. 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