PDF January 1, 2019 update Arkansas - About Bank of America
OUR COM M ITM ENT TO THE PEOPLE AND ECONOM Y OF
Arkansas
Bank of America began serving Arkansas more t han 130 years ago.
The power of local connect ions
At Bank of America, we have leading capabilit ies across all our businesses and a st rat egy t hat is f ocused on connect ing our capabilit ies t o deliver f or our cust omers and client s. In every sit uat ion, we're commit t ed t o growing responsibly and sust ainably - ensuring everyt hing we do aligns t o our purpose of helping people live bet t er f inancial lives.
? Families can have t he t ools and support t hey need t o live more successf ul f inancial lives. ? Neighborhoods can be built on a solid f oundat ion of responsible home lending and
economic development .
? Businesses, small and large, can benef it f rom our f inancial and int ellect ual capit al. ? And t he organizat ions, nonprof it s and companies addressing societ y's t oughest problems
can have t he resources and expert ise of t he company and t he ef f ort s of our over 200,000 employees behind t hem.
In each market , we st rive t o connect everyt hing our company of f ers t o our client s' personal and f inancial goals so we can provide t ailored solut ions t o f it t heir needs. It 's how we make t his large company personal and how we help our cust omers, client s and communit ies t hrive.
January 1, 2021, updat e
Donald J. Cook
Arkansas State President , donnie.cook@bof
bankof arkansas
@Bankof America
19 Financial cent ers
61 ATMs
1
Bank of America Privat e Bank of f ice
5
Merrill? of f ices
Commercial business
$6.2 billion
Tot al FDIC deposit s*
$1.8 billion
Bank of America Privat e Bank client balances***
$115 million
Home loans**
$14 billion
Merrill client balances***
$922 million
Loans t o commercial business
Helping Arkansas business grow
*Total deposits within this market as of June 30, 2020, which may be inclusive of Consumer, Global Wealth & Investment Management (GWIM), Global Banking and Global Markets deposits. **Home loan dollars reflect a rolling 12-month total of first mortgage loan production figures including Consumer Banking and GWIM. ***Global Wealth and Investment Management (GWIM), the wealth and investment management division of Bank of America, includes Bank of America Private Bank and Merrill. GWIM Client Balances consists of assets under management of GWIM entities, brokerage assets, and assets in custody of GWIM entities.
Communit y involvement
$183 million
Credit provided by Bank of America t o small business in Arkansas
Credit extended to businesses that generally have annual revenues of $5 million to $2 billion. Credit extended to businesses that generally have annual revenues of less than $5 million.
Grants and mat ching gif t s1(since 2016)
$3.1 million
Advancing racial equalit y and economic opport unit y, and addressing needs brought on by t he coronavirus. Bank of America Charit able Foundat ion provided grant s and mat ching gif t s on behalf of employees.1
Employee giving and volunteerism1(since 2016)
$628K
Tot al cont ribut ion by employees donat ed t o local nonprof it s and communit y needs. A port ion of t his amount was mat ched by t he Bank of America Charit able Foundat ion.
27K hours
Employee volunt eer hours cont ribut ed locally as part of our annual goal of giving 2 million volunt eer hours across t he company.
#Bof AVolunt eers
1 Community involvement amounts represent a cumulative five-year period of contributions; 20 quarters from fact sheet date.
Environment al business init iat ive
Since 2007, we have deployed more t han $160 billion t o low-carbon, sust ainable business act ivit ies as part of our Environment al Business Init iat ive. In 2019, we announced t hat we have commit t ed an addit ional $300 billion by 2030 t oward t hese ef f ort s. Theref ore, by t he end of 2030, we will have deployed a cumulat ive amount of $445 billion t o low-carbon, sust ainable business.
In Arkansas, we've deployed $62 million in capit al since 2007 t o low-carbon, sust ainable business act ivit ies.
Bank of America, N.A., Member FDIC. ? 2021 Bank of America Corporation. | MAP3441248 | SHEET-12-20-0290.A | 01/2021
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