Silicon Valley

is your home, it's ours too.

Photo of Raquel González
Raquel González
President, Bank of America Silicon Valley

Bank of America’s innovative digital capabilities and range of solutions paired with our teammates’ deep knowledge are the reasons clients turn to us. By partnering with community organizations and being a Great Place to Work, we’re helping to strengthen our local economy, so that Silicon Valley can continue to thrive.

Local connections in action

  • 1,190
    Local
    employees
  • 87.6K
    Local employee
    volunteer hours
    (since 2020)
  • $15.7M
    Philanthropic
    giving
    (since 2020)
  • 68
    Locations
    supporting clients
  • $436M
    Loans to small
    businesses*(Credit extended to businesses that generally have annual revenues of less than $5 million)
  • $1.3B
    Loans to
    commercial
    businesses**(Credit extended to businesses that generally have annual revenues of $5 million to $2 billion)
Market Executive
Heidi Racherla
408.938.0299

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.

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.

Working with our clients to support and finance their sustainability goals

We’re engaging clients as they map out strategies to transition toward a more secure and sustainable, low-carbon future.

  • Since 2021, we have mobilized and deployed more than $741B in sustainable finance, of which more than $404B aligns to the transition to a sustainable, clean-energy economy.
  • We procure all of our electricity from renewable sources, and more than 250 of our financial centers and more than 30% of our global real estate portfolio are Leaders in Energy and Environment (LEED) or comparable, certified.

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 756K digitally active local clients.

Awards

  • One of the
    World'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