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. It reminds me that even on the darkest of days, there's a light and I'm that light. Fifty percent of our global workforce are women and more than 49% of our U.S.-based workforce is racially or ethnically diverse. Bank of America employees rate the overall compensation and benefits package 4/5 stars. 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 . And the giving doesnt stop there. As an employee, you can contribute up to $19,500 for 2021 ($26,000 for those age 50 and older . Meet some of the people who work here and see how their journeys can inspire your career. VIDEO:Volunteers folding clothes, building a house, teaching in a classroom, packing backpacks. Read our 2021 Annual Report to learn more about how we serve our teammates and, in turn, our clients and communities. These ads are based on your specific account relationships with us. Copy. U.S. employees can speak with experienced financial counselors at the Benefits Education & Planning Center for free, personalized guidance with retirement planning, benefits . 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. When autocomplete results are available use up and down arrows to review and enter to select. These materials are for informational purposes only. 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 has 5 employees across 52 locations and $93.85 b in annual revenue in FY 2021. I have long supported the United Way because of its important convening role and community impact, said David. 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. We benchmark against other firms and industry metrics to monitor and review representation across EEO categories. . 16 reviews of Bank of America Financial Center "This is probably the worst Bank of America branch I've gone to. Beginning in 2019, the United Way became eligible for matching gifts through Bank . 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. As our Chief Executive Officer, Mr. Moynihan conceived of and leads our approach to Responsible Growth, based on driving a straightforward business model serving three client groups with core financial services, which has delivered record earnings and significant capital return to shareholders. Only two stars because manager is very friendly and helpful." Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. 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. and over 1Mio. This text provides general information. Diversity and inclusion are central to our company's values, and we . Bank of America is a banking and financial services corporation that offers banking, investing, and other . You can also transfer money from your Bank of America checking or saving account to your Bank of America credit card. 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. Morgan Stanley announced yesterday that it was cutting 2% of its global workforce or about 1,600 employees. Directions | Schedule an appointment | Details & Services. 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. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. And it goes for every race, every single community. 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. 2022 Bank of America Corporation. Show all statistics (6) Financial highlights. 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. Volunteers folding clothes. Please check your download folder. 4 reviews of Bank of America Financial Center "Review for teller and banking services only, I have no experience with the advisors. 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. 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. 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. Our branch conveniently offers drive-thru ATM services. 63 questions about Benefits at Bank of America. Bank Of America is a company located in Charlotte, NC, United States. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. 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. It has 5 business units: Consumer Banking, comprising Deposits & Consumer Lending businesses, provides credit, banking and investment products and services. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. 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. We strive to provide you with information about products and services you might find interesting and useful. 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. VIDEO:Gathering of Bank of America volunteers. To review our annual report, please visit Bank of America's Investor Relations website. Best Answer. 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. 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.). Every one of our employees has been where you are. 2022 Bank of America Corporation. We're all in this together. I can provide a gift to a charitable organization and have the bank match that gift, so it doubles my impact. Bank of America . 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. Please check your download folder. Use the navigation tabs on this page to explore information about Employee Resources at home. If you opt out, though, you may still receive generic advertising. 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. And, it gives us that ability to reach people where they, and when they need us most. If you prefer that we not use this information, you can opt out of online behavioral advertising. Responsible growth. Was a great place to work until Bank of America came in and cut staff and completely changed the workplace culture. . 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. VIDEO:Volunteers teaching in a classroom, folding clothes, using a saw on a construction site. 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. 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. 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. GRAPHIC:Up to $1,000 per employee, per year. 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. Please do not hesitate to contact me. 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. liability for the information given being complete or correct. 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. Directions | Schedule an appointment | Details & Services. Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre, most of the banks assets comes from the United States, brokerage assets and assets under management, leading banks in terms of revenue from investment banking, ranking first in terms of market capitalization. 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. She loves helping her audience realize the path to better finances also leads to a better quality of life. 5438 N Hamilton Rd, Columbus, OH 43230. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. 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. Student on a computer. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Sometimes those who need legal aid the most have the greatest difficulty affording it. 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. We are happy to help. 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. 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. Interactive chart of Bank Of America (BAC) annual worldwide employee count from 2010 to 2022. We really think about the different communities we serve and the multicultural, multi-generational and cross-geographical needs of those different communities. And, our growth must be sustainable . VIDEO:Bank of America volunteers building a house, collecting food, packing backpacks, hugging and smiling together. AUDIO_James Martin: Volunteering to me is an expression of love. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. 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. Bank Of America: Number of Employees 2010-2022 | BAC, Bank Of America total number of employees in 2021 was, Bank Of America total number of employees in 2020 was, Bank Of America total number of employees in 2019 was, Bank Of America total number of employees in 2018 was. Make my favorite Capital Square. Our employees donate generously to causes that they care about, from disaster relief to education and other community needs. 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.. Bank of America is one of the 4 largest banks in USA. 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. Follow us.. 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 offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. Leadership. Interactive chart of Bank Of America (BAC) annual worldwide employee count from 2010 to 2022. January 25, 2022, 1:28 PM PST. 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. data than referenced in the text. View info about Bank Of America (bankofamerica.com). Open today until 1pm. 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. Executive/ senior level officials and managers, American Indian/ Alaskan Native Female - 4, Native Hawaiian/ Other Pacific Islander Male - 0, Native Hawaiian/ Other Pacific Islander Female- 1, American Indian/ Alaskan Native Male - 27, American Indian/ Alaskan Native Female - 43, Native Hawaiian/ Other Pacific Islander Male - 36, Native Hawaiian/ Other Pacific Islander Female - 34, American Indian/ Alaskan Native Male - 107, American Indian/ Alaskan Native Female - 89, Native Hawaiian/ Other Pacific Islander Male - 89, Native Hawaiian/ Other Pacific Islander Female- 71, American Indian/ Alaskan Native Female - 2, Native Hawaiian/ Other Pacific Islander Male - 8, American Indian/ Alaskan Native Female - 0, American Indian/ Alaskan Native Male - 87, American Indian/ Alaskan Native Female - 206, Native Hawaiian/ Other Pacific Islander Male - 92, Native Hawaiian/ Other Pacific Islander Female- 215, Native Hawaiian/ Other Pacific Islander Female- 0, American Indian/ Alaskan Native Female - 1, American Indian/ Alaskan Native Male - 235, American Indian/ Alaskan Native Female - 345, Native Hawaiian/ Other Pacific Islander Male -225, Native Hawaiian/ Other Pacific Islander Female- 323. Member FDIC. They have clients in over 150 countries. Directly accessible data for 170 industries from 50 countries Fifty percent of our global workforce are women and more than49% of our U.S.-based workforce is racially or ethnically diverse. Company goals are aspirational and not guarantees or promises that all goals will be met. Bank of America Corp. is one of the largest financial holding companies in the U.S. facts. VIDEO:Volunteer assisting someone at a desk. They have clients in over 150 countries. These materials are for informational purposes only. These materials are for informational purposes only. Find out how Bank of America's Employee Networks provide employees with opportunities to connect with each other and grow personally and professionally. Company goals are aspirational and not guarantees or promises that all goals will be met. Explore this site.We offer a wealth of information on this site around our values, the type of candidates who make successful employees, our commitment to diversity & inclusion, the benefits we offer Bank of America employees, and much more.. Due to varying update cycles, statistics can display more up-to-date $60 million in financial donations to about 20,000 nonprofits. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Certain links may direct you away from Bank of America to an unaffiliated site. Following us on social media helps you to get to know us as we regularly post information about . We have to be client focused. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. 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. We strive to provide you with information about products and services you might find interesting and useful. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. you can opt out of online behavioral advertising. 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. GRAPHIC:WHAT WOULD YOU LIKE THE POWER TO DO? Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. Touch device users, explore by touch or with swipe gestures. Clicking on the following button will update the content below. To mail your payment, please send a check or money order made payable to Bank of America to the following address: Bank of America Business Credit Card PO BOX 15796 WILMINGTON, DE 19886-5796. 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's main industries are: Banking, Finance, . 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 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. 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). NEIL CAVUTO . Global General Counsel David Leitch has experienced firsthand the positive impact that the United Way has on communities, first in Detroit and now in Charlotte, which is why he has supported the organization for more than 15 years. Global Markets offers sales & trading, market-making, financing, securities clearing, settlement and custody, and risk-management services. Meet Our People. Every day, around the globe, our #BofAVolunteers are helping improve communities, whether mentoring youth, advancing better money habits for individuals or building affordable housing for working families. What benefits does Bank of America offer? 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 information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited . 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. We all have different passions. Apart from this . Basic Info Reviews History Routing Numbers Swift Code Locations Oversea Locations. , Bank of America and the Bank of America Logo are registered trademarks of. Bank of America, N.A. GRAPHIC:Up to $5,000 per employee, per year. 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. Company goals are aspirational and not guarantees or promises that all goals will be met. And, you know, Ill give you an acronym for that, which is living our values every day. We're proud to have strong representation of women at our organization. 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. We're meeting the needs across the world. 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. 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. 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). 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 . Its a long day but the kids stay engaged and have a lot of fun doing a range of activities they dont usually do in their regular classroom setting.. VIDEO:Portrait of Eric. Volunteers walking together down a hallway. A family sitting on a porch, smiling and hugging. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (MLLA), a licensed insurance agency and wholly-owned subsidiary of BofA Corp. 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). 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. Mentoring emerging women leaders through our Global Ambassadors Program. If you prefer that we not use this information, you can opt out of online behavioral advertising. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Apart from this, they also have . 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. Asked February 25, 2016. Financial Center & ATM. AUDIO_Tanya Burton:It's important for me to volunteer because it reminds me that I have a purpose in life. VIDEO:Volunteers building a house. The highest-paying job at Bank of America is a Managing Director with a salary of $430,194 per year. We have to grow within our risk framework. 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. Annually, their giving directs more than $60 million in total to communities via individual giving and the banks matching gifts program. The company serves clients through operations across the United States, its territories and approximately 35 countries. In the following 5 chapters, you will quickly find the 26 most important statistics relating to "Bank of America". 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. And sometimes we do need advocates who look like us or who come from the same places and have similar life experiences. When autocomplete results are available use up and down arrows to review and enter to select. All rights reserved. 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.). Tier 1 capital ratio at Bank of America 2009-2021. The Bank of America 'Number of Employees' is 134,978, which ranked #4 in all banks. We volunteered over 2 million hours over the course of a year. Copy. Volunteer talking to someone on a zoom call. We all have different levels of expertise, and we're all joined by this passion that we care. 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. Certain links may direct you away from Bank of America to an unaffiliated site. Unlimited 1.5 points for every $1 spent on all purchases >. Statistics and metrics included in our ESG documents are estimates and may be based on assumptions or developing standards. All rights reserved. AUDIO_Renato Wilson:It makes me very proud to be able to wear this shirt and say that I'm a volunteer. 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. Better Money Habits connects people to the tools, resources and education they need to achieve their financial goals. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. AUDIO_Todd Goodyear:I live only a couple of miles away from here. Certain links may direct you away from Bank of America to an unaffiliated site. Bank of America Coronavirus Resource Center, How we help people, companies and institutions realize their financial goals. Are you interested in testing our corporate solutions? Welcome to Employee Resources at Home. 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.). 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 Other comprises ALM activities, equity investments, the international consumer card business, liquidating businesses, etc. Relationship-based ads and online behavioral advertising help us do that. Bank of America partnered with Vital Voices in 2012 to create the Global Ambassadors Program. 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. We believe the routine disclosure of our . 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. Bank of America, N.A. We are delivering on our purpose to help make financial lives better through our focus on responsible growth. Beginning in 2019, the United Way became eligible for matching gifts through Bank of Americas updated, more flexible employee giving program. Financial Center & ATM. 20 E Broad St STE 110, Columbus, OH 43215. View All Bank of America Financial Information. AUDIO_Eric James:The bank also offers a matching gift program to bank employees. Get quick analyses with our professional research service, Toplists & Rankings: Best Employers Portal. Published by Statista Research Department , Oct 4, 2022. That's really reflective of who we are as an organization and who we are as good corporate stewards. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (MLLA), a licensed insurance agency and wholly-owned subsidiary of BofA Corp. How many employees does Bank of America have? Statista assumes no 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. 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. 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. 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 total number of employees in 2021 was 208,000, a 2.35% decline from 2020. Bank of America financial center is located at 1580 Georgesville Square Dr Columbus, OH 43228. It's their drive and passion that helps us strengthen economies around the world. Pros. So, this is my neighborhood. 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. 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. "We're up to about 215,000 [employees]; we need to run . 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 . They used to care a lot about their employees and unfortunately that has drastically changed. 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. Bank of America has 210,000 employees. 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. 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.). 2022 Bank of America Corporation. 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. Chair and CEO, Bank of America Corporation. AUDIO_Sean Lenahan:I think it really encourages an environment of employees to do good and it is infectious. Brian T. Moynihan. See insights on Bank of America including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. These ads are based on your specific account relationships with us. 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. VIDEO:Volunteers walking and waving to camera. It's the people you work with that make where you work. 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. More than 45 minutes wait just to request a new card. 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. Number of Employees. 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 . And you come back and see which was an empty lot, now, has a house, and now, has a family in it. Bank Of America total number of employees in 2020 was 213,000, a 2.4% increase from 2019. There are a few ways you can learn about us. 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. Number of Employees 134978 133812 136283 138120 140914 . 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 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. I'm Latino, right? 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 . The bank had over 218 thousand employees . We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. What is the highest salary at Bank of America? This is my backyard. Bank of America is one of the 4 largest banks in USA. Here, U.S.-based Bank of America employees can access a wide range of benefits and programs to support you and your family when away from a work computer. Get in touch with us. Total assets of Bank of America 2009-2021. 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. Its something that we do purposely and purposeful to reach and impact lives of others. The company provides unmatched convenience in the United States . They have 284,000 employees working for them in their offices. Relationship-based ads and online behavioral advertising help us do that. Member FDIC. The Bank of America help page allows you to easily find answers to frequently asked questions by linking directly to topics of interest. The company's vice chairman, Anne Finucane, says, "we won . VIDEO:Volunteer looking at a computer screen. 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. Equal Housing Lender There seems to be too many employees and none of them working. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. The chart below is the historial 'Number of Employees' of Bank of America. . 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. They have 284,000 employees working for them in their offices. Every year, Bank of America employees volunteer around 35,000 hours with Habitat. We all have different backgrounds. 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. Business Development Officer (Current Employee) - Columbus, OH - October 5, 2015. Closed until Monday at 9am. Our commitment to responsible growth is resolute, and has four tenets: We have to grow no excuses. Diversity & inclusion. To further unite our company behind the concept of giving back, we celebrate our passion every April during Global Service Month. During that time, we plan special volunteer activities and recognize all of the spectacular work our team does during the year. Wells Fargo Bank was the largest U.S. employer in the banking sector as of December 31, 2021. Its both rewarding and inspiring to see firsthand the impact that the Junior Achievement curriculum has on the students, said Jamie. 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. If you opt out, though, you may still receive generic advertising. 25,000. online bonus points offer. 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. 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. 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? 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. 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. Bank of America Coronavirus Resource Center, How we help people, companies and institutions realize their financial goals. VIDEO:Volunteer assisting someone on a computer. Net income of Bank of America 2009-2021. as an employee, through salary deferrals and also as an employer, through contributions made by your business. VIDEO:Volunteers folding clothes, stacking boxes, building a house. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. All proceeds of the popular event directly benefit Junior Achievement of Oklahoma. Find employees, official website, emails, phone numbers, revenue, employee headcount, social accounts, and anything related to Bank Of America. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Touch device users, explore by touch or with swipe gestures. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. 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