In Western North Carolina, Bank of America has 150 local associates committed to delivering for our clients and communities to help them successfully navigate their financial journeys. We are grateful that we can support a diverse client base, which represents clients of all ages and types of banking relationships; from those who are first-time account holders to homeowners, small business entrepreneurs, and those clients who are nearing or enjoying their retirement years. We are proud of the fact that we can trace our roots back almost 100 years ago to the original Bank of Asheville, through mergers and acquisitions over the years with North Carolina National Bank and Nations Bank, eventually in 1998 becoming Bank of America.
Our goal is to be the chosen financial institution within this region by providing our company's full spectrum of financial servicing and products with a local approach and feel to all members of the community. We believe in the importance of being corporate stewards by providing philanthropic and sponsorship support throughout the community. Our Bank of America teammates are also community members who serve on nonprofit boards, lead volunteer efforts, promote financial literacy in the community, and are committed to contributing to an inclusive community culture through the support of local organizations.
WHY UNITED WAY
United Way of Asheville and Buncombe County and Bank of America have partnered together for 25 years, uniting our community around volunteer events, community sponsorships, and supporting other nonprofit partners making a positive impact in the region. Recent activities include being the Presenting Sponsor for the School Supply Drive, volunteering during Homework Diners, as well as receiving the Spirit of the Mountain award in 2019 from United Way.
At Bank of America, we're guided by a common purpose to help make financial lives better. As part of this work, we develop strong partnerships with nonprofit organizations addressing issues fundamental to economic mobility and social progress in low-and moderate-income communities. Like United Way, we support nonprofit organizations that meet low-to-moderate income individuals and families at their point of need and help them remove barriers to economic opportunities.
We recognize that vulnerable communities face a variety of challenges - from putting food on the table to trauma caused by domestic violence and living with drug addiction - resulting in diverse needs that can only be addressed by a variety of critical programs and services.
We focus on three strategies when connecting people to the workforce: youth employment, alternative employment pathways, supportive services, and life-skills programs that help individuals overcome and remove barriers to employment and set them on a path to improve their financial lives and create a better future. Together we are building vibrant communities where individuals can thrive and succeed and have the opportunity to live and work with safe, decent housing, transportation to jobs, strong business corridors, and thriving arts and culture districts. Similar to United Way's vision, our goal is to help transform communities into thriving neighborhoods the fuel economic growth and prosperity for all.