Our Business Go to Search Jobs. Bank of America Business Capital. Leadership Development, Diversity and Inclusion, Advisory Services, HR Business Controls. Junior Achievement Helps Prepare Today's Students for a Bright Future. Bank of America Announces $4. Million Commitment to Support Youth Success. Bank of America today announced a $4. Over the next three years, in partnership with nonprofit organizations across the country, the bank will fund summer internships, education and job training, and support diverse talent to help build a pipeline that will strengthen and enhance tomorrow’s workforce. This work is a demonstration of the bank’s strategy to advance sustainable and responsible growth. The company invests in young people as part of its broader commitment to connecting individuals to meaningful employment in order to build thriving economies. The commitment was announced in conjunction with Bank of America’s 2. Bank Of America Future Leaders ProgrammeBank Of America Future Leaders Program ScholarshipStudent Leaders Summit, which brings community- minded high school students together to strengthen their skills and help them chart a path to success. Youth unemployment limits income mobility. A recent Brookings Institution report estimated that 3 million young people in America ages 1. This is a serious challenge that has a disproportionate impact on individuals in low- income communities, as well as on young adults without post- secondary education credentials. The research indicates that paid youth employment programs that connect young people to education, training and the job market can be effective tools in keeping them on a trajectory for future success. Bank of America’s multipronged approach to investing in youth employment Through the Bank of America Charitable Foundation, the $4. Urban Alliance, Jobs for the Future, and Boys & Girls Clubs of America. Examples include: Student Leaders. In addition, Student Leaders gather in Washington, D. About Us; HomeStreet Bank. Jeff has a BA from the University of Washington and graduated of the Mortgage Bankers Association of America Future Leaders Program. Learn about the Bank of America Student Leaders program and see how we're supporting leadership. The Consumer Banking Associate Program. Product & Strategy Track develops future leaders while engaging them in challenging and. C. There are nearly 2,5. Student Leaders alumni who have already gained skills and work experience through the program. Separately, the bank will continue to partner with local mayors’ offices across the country to fund paid summer jobs at local nonprofits for at- risk teens and empower youth in major metropolitan areas through its Financial Center summer intern program. This program offers on- the- job training in financial centers and a mentoring relationship with financial center managers to help high school students develop personal and professional skills. Each initiative includes a focus on building better money habits such as managing a first paycheck and starting to save. Workforce development and education grants As part of its broader work to connect individuals to tools and resources to build economic mobility, Bank of America partners with nonprofit organizations that are increasing educational and workforce opportunities for teens and young adults in local communities. Funding is targeted toward low- income communities that are disproportionately affected by barriers to workforce participation. This includes working with nonprofits that are driving solutions for the future of work and leveraging their expertise to connect youth with the opportunities, ranging from first- time employment to resume advice and career coaching, needed to succeed in the 2. For example, by partnering with Year Up, the bank helps low- income young adults gain skills and work experience, including apprenticeships at the company, which put them on a path to economic success. Hiring and recruiting at Bank of America Bank of America also partners with more than 2. This comes as part of the bank’s commitment to double its diverse recruiting efforts, and in turn, improve abilities to serve customers and clients while also building a strong pipeline of future leaders. The company partners with organizations such as the Posse Foundation and Sponsors for Educational Opportunity to build a pipeline of young professionals and create a more diverse workforce. Underpinning support for youth development Bank of America’s support for youth and young adults runs through its core businesses, as well as through employee support. The bank’s Global Banking and Markets group has relationships with 8. Top 1. 00 National Universities. America’s Best Colleges. Bank employees give approximately $1. Bank of America Charitable Foundation for a total of $2. In addition, bank employees are passionate about helping young people advance, giving more than 4. As ranked by U. S. News & World Report in September 2. As ranked by FORBES in July 2. About Bank of America Environmental, Social and Governance. At Bank of America, our focus on Environmental, Social and Governance (ESG) factors is critical to fulfilling our purpose of helping make people’s financial lives better. Our commitment to growing our business responsibly is embedded in every aspect of our company. It is demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our customers, and the impact we help create around the world in helping local economies thrive. An important part of this work is forming strong partnerships across sectors – including community and environmental advocate groups, as well as nonprofits – in order to bring together our collective networks and expertise to achieve greater impact. Learn more at www. Twitter at @Bof. A.
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