Go Paperless! Please do not print this document. Receiving this document electronically reduces greenhouse gas emissions (GHG). Each page not printed avoids 15 grams of CO 2. Bankers Can be your Best Partners: A Bank of America Perspective Melissa Fields
Our Company Global Company Local Focus Our Strategy Our Values Our Business Our Culture Bank of America 24 August 2018 2
Florida by the Numbers FDIC Deposits $108B 24 Assessment Areas/ 47 Counties Philanthropy $7.3mm (2017) Employees ~19,000 Community Dev. L & I: $3.8B (2017) Volunteerism 188,361 Hours Logged (2017) Bank of America 24 August 2018 3
Environmental, Social and Governance (ESG) Environmental Sustainability As one of the largest global financial institutions, Bank of America is in a unique position to help society transition to a low-carbon economy and support sustainable business activities. We do this by providing financial and intellectual capital to clients addressing environmental challenges. Click here to learn more Driving Economic & Social Progress We help communities and individuals thrive by advancing economic and social progress and by being a great place to work. This includes how we treat our employees, the responsible products and policies we offer clients, and investments we make in local communities through our philanthropy and volunteerism. Governance We're committed to best practices in corporate governance, and our employees play an important role in our commitment to acting ethically and living to our Code of Conduct. Our ESG approach provides a comprehensive view of how we manage risks. Bank of America 24 August 2018 4
Responsible Products & Services Transparency Alerts Overdraft Policy Transparent language Responsible Products SafeBalance Banking Account Affordable Home Solution BankAmericard Secured Credit Card Aging Clients Knowing Risks Savvy Saving Seniors Employee Training Resources Better Money Habits Click Here to Learn More Bank of America 24 August 2018 5
Community Development Financial Institutions (CDFIs) Fuel Economic Progress We are connecting more than 260 CDFIs with more than $1.5 billion in capital support as well as philanthropic investments to cover operating costs. CDFIs Help Provide Affordable Housing Connect women entrepreneurs to capital Bank of America 24 August 2018 6
CDFIs also Deliver clean water & sanitation Foster economic development Support energy efficiency Click to learn more about our CDFI Investing Bank of America 24 August 2018 7
Community Development Banking Bank of America is committed to building stronger and healthier neighborhoods in low- and moderateincome communities. Community Development Banking (CDB) associates use the unsurpassed financial resources of Bank of America to help build and preserve affordable housing, improve education and create jobs, transforming under-served and long-neglected blocks into vibrant neighborhoods. Some examples below: Affordable Housing Lending Products Basic Lending Tools FHA Insured Financing Product FHLB - Affordable Housing Program Taxable Fin Solution - End to End Taxable Term Loan Tax-Exempt Financial Solution - Special Bond Offering Other Financing Solutions Tax Credit Equity Investment Products Asset Management Historic Tax Credits Low Income Housing Tax Credits New Markets Tax Credits Bank of America 24 August 2018 8
Philanthropy - Economic Mobility Individuals & Families Critical Needs: Hunger & Homelessness Hunger relief services Programs to prevent or end homelessness Workforce Development: Youth employment Preparing individuals for meaningful employment Removing barriers Wrap Around Services: Benefits access & referrals Advancing Better Money Habits Local Partnerships Boys & Girls Clubs Food Banks Habitat for Humanity United Way Nonprofit AH Development Arts & Culture Institutions Community Development Expanding Access to Housing Efforts for vulnerable populations Creating pathways to housing stability Creating healthy living environments Building Vibrant Communities Economic development/revitalization Contribute to the community vitality and livability Strengthening community resiliency Click to learn more: Bank of America Charitable Foundation National Partnerships Habitat for Humanity Feeding America National Urban League Points of Light Neighborworks Boys & Girls Clubs of America Bank of America 24 August 2018 9
Philanthropy - Process RFP Process, 2 x per Calendar year Markets with BAC presence in community Grant size varies IRS Designated 501(c)3 Online Grant Application Local Grant Committee *Check this link in January 2019 for strategy and application dates. Bank of America 24 August 2018 10
Volunteerism Supporting Employees Culture Volunteer Grants Bank of America and Personal Volunteerism Global Volunteer Awards Deployment Aligned to Economic Mobility Strategy Bank of America Community Volunteers Employee Engagement Networks 10 Domestic Hispanic & Latina Org for Leadership & Advancement (HOLA), LEAD for Women, Black Professionals Group, Asian Leadership Network, Military Support & Assistance Group, LGBT Pride Examples Habitat for Humanity Global Build Give A Meal Feeding America Partnership FAFSA/VITA Disaster Relief Skills Based Volunteerism Community Development Services Bank of America 24 August 2018 11
Better Money Habits www.bettermoneyhabits.com www.bettermoneyhabits.com/partner Bank of America 24 August 2018 12
Better Money Habits - Homeownership Bank of America 24 August 2018 13
Better Money Habits - Credit Bank of America 24 August 2018 14
Better Money Habits Content for Financial Counselors/Coaches Bank of America 24 August 2018 15
Other things - Bank of America About Us Bank of America Arts & Culture Bank of America Military Support Bank of America Diversity & Inclusion Bank of America Small Business Support Bank of America Environmental, Social and Governance Bank of America Investor Relations Bank of America Digital Banking Bank of America Program & Study Links Bank of America 24 August 2018 16
Florida Markets: Local Markets Organization Tampa Bay Hillsborough; Pinellas; Pasco; Hernando Jacksonville Duval; St. Johns; Nassau; Clay; Baker Orlando Orange; Lake; Seminole; Osceola; Sumter Sarasota Manatee Sarasota; Manatee Daytona/Cocoa Volusia; Brevard; Flagler Treasure Coast Indian River; Martin; St. Lucie Ft. Myers/Naples Lee; Collier Palm Beach Palm Beach Tallahassee Leon Broward Broward Rural Markets: No Market Manager coverage Escambia; Santa Rosa; Okaloosa; Walton; Madison; Gilchrist; Alachua; Marion; Putnam; Citrus; Polk; Charlotte; Highlands; DeSoto; Okeechobee; Monroe Miami Miami-Dade Bank of America 24 August 2018 17
Things to keep in mind Partnership Understand our strategy Realistic expectations Focus on your mission Bank of America 24 August 2018 18