Bank of America today announced a $ 1.1 million commitment to serve local needs in Texas as communities continue to rebound from a devastating winter storm that left dozens dead and millions without electricity or potable water. This includes $ 250,000 from the Bank of America Charitable Foundation to the American Red Cross in support of its efforts across all storm-affected states and the Feeding Texas network. The remaining $ 900,000 will go to local nonprofits in Texas, as they work closely with communities in need to provide shelter, water, food and essentials.
“I’m always impressed by the resilience of Texans and our Bank of America employees,” said Nikki Graham, president of Bank of America’s Austin Market. “From the Rio Grande Valley to Pandhale, this winter storm affected the entire state, including our 19,000 employees in Texas, and for many, the recovery is just beginning. Bank of America will continue to provide support to help individuals, families and businesses weather this deadly storm. “
Additionally, the Bank of America Charitable Foundation will match every dollar of all employee donations to aid agencies through March 26. Bank employees can also donate matching funds to colleagues through the Bank of America Employee Relief Fund, which offers short-term assistance to colleagues facing urgent financial hardship as a result of a natural disaster, family emergency or other unexpected events.
Bank of America’s local market contributions include:
- Austin: $ 100,000 in support to contribute to current emergency home repair efforts, helping to keep more families in their homes
- Dallas/Ft. Worth: $ 300,000 to support CitySquare, Minnie’s Food Pantry, North Texas Food Bank, Tarrant Area Food Bank, and The Family Place
- Houston: $ 350,000 to support the Houston Food Bank, Alliance of Community Assistance Ministries, the Houston County Winter Storm Relief Fund – Harris County and the Houston Area Urban League
- San Antonio: $ 100,000 to support Haven for Hope and the San Antonio Food Bank
In total, more than 5,600 boxes of water, 3,600 meals, 900 personal hygiene kits, 200 blankets, 400 flashlights and many other items were delivered to Bank of America colleagues in Texas during the storms, as well as temporary shelters and locations. To heat up.
Bank of America has a longstanding commitment to responding to communities in times of disasters, including natural disasters, humanitarian crises, and civil conflict. Bank of America is committed to helping customers, employees, and nonprofits through tough times by providing the resources they need to recover and rebuild.
For Bank of America customers in need of financial assistance due to the storm and its aftermath, the Customer Assistance Program is available to assist with specific needs.
Bank of America
Bank of America is one of the world’s leading financial institutions, offering individuals, small and medium-sized businesses, and large corporations a wide variety of banking, investment, asset management, and other financial and risk management products and services. The company provides unparalleled service in the United States, serving approximately 66 million clients and small businesses, nearly 4,300 financial centers, including approximately 2,700 loan centers, 2,600 financial centers with a consumer investment solutions financial advisor, and approximately 2,400 business centers; approximately 17,000 ATMs, and an award-winning digital bank with an estimated 39 million active users, including approximately 31 million mobile users. Bank of America is a world leader in wealth management, investment and corporate banking services, and trades a wide variety of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading assistance to approximately 3 million small business owners through a series of innovative and easy-to-use online products and services. The company serves clients through operations in the United States, its territories, and in nearly 35 countries. Bank of America Corporation (NYSE: BAC) shares are listed on the New York Stock Exchange.
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Contact with the media:
Carla Molina, Bank of America
Phone: 1.512.397.2402
[email protected]
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