New Jersey
is your home, it's ours too.
At Bank of America, we are committed to meeting the financial needs of our clients by connecting them to all of our capabilities and services. We strive to help New Jersey thrive by dedicating our resources to address the issues that matter most to our community.
Local connections in action
-
10,460Local
employees -
499KLocal employee
volunteer hours
(since 2020) -
$33.6MPhilanthropic
giving
(since 2020) -
181Locations
supporting clients -
$772MLoans to small
businesses*(Credit extended to businesses that generally have annual revenues of less than $5 million) -
$5.2BLoans to
commercial
businesses**(Credit extended to businesses that generally have annual revenues of $5 million to $2 billion)
Supporting local businesses
Helping businesses grow is at the core of what we do. We’re proud to provide industry-leading advice, connections and tools.
- Serving 3.4M businesses from start-up to $50M in the U.S., business owners have access to our leading products, scale and expertise.
- We consistently rank as the No. 1 small business lender according to the FDIC.
- In 2024, we were recognized as the Best Bank in the U.S. for Small and Midsize Enterprises by Global Finance.
Providing access to livable-wage jobs
We're committed to building a strong workforce to help individuals improve their financial lives and ensure a thriving economy.
- We invest in partners in support of workforce development and job creation.
- Our 1,300+ trained Community Education Ambassadors deliver free professional skills workshops across the U.S., and our on-demand content provides career readiness skills to the communities we serve.
Delivering industry-leading capabilities through technology
Innovation is at the heart of all we do. We provide digital capabilities that improve our clients’ financial lives.
- We’re harnessing digital demand with over 58M verified online and mobile users, and a record 14.3B logins in 2024.
- Erica®, our artificial intelligence (AI)-based virtual financial assistant, has recorded over 2.5B interactions since the tool’s introduction.
- We continue expanding our digital capabilities, serving over 1.7M digitally active local clients.
Being a Great Place to Work
We strive to be a Great Place to Work for our employees by providing access to a broad range of opportunities to achieve their professional goals and by maintaining a culture of caring for them and their families.
- Our local teammates have access to free, confidential counseling through our Employee Assistance Program and support in the moments that matter most through our industry-leading Life Event Services Team.
- We recognize teammates celebrating certain career milestones with paid time away through our sabbatical program.
Awards
-
One of theWorld's Most Admired
Companies (2025)by
Fortune -
Financial Health Support -
Banking & Payments (2024)Certified by
J.D. Power -
Top 10 most
JUST companies (2025)by
JUST Capital