In communities across the country, Bank of America has been working with local partners to provide resources to vulnerable and underserved communities hardest hit by the coronavirus. Florida experienced a surge in the number of coronavirus cases this summer, and in South Florida, Bank of America is partnering with 16 nonprofits to provide personal protective equipment, specifically 340,000 masks.
This donation is part of a nationwide effort by Bank of America to immediately distribute nearly four million PPE masks to communities disproportionally impacted by the coronavirus, including communities of color, and is connected to its $1 billion, four-year commitment of additional support to help local communities address economic and racial inequality accelerated by a global pandemic. This is in addition to the four million masks the company donated earlier this year in cities across the country.
“The health and safety of our employees, clients and communities remain our top priority during this health and humanitarian crisis,” said Lori Chevy, Fort Lauderdale market president for Bank of America. “One of the ways we continue to do this is by working with local partners to identify and distribute PPE masks to the most vulnerable populations, such as to neighborhoods with poor air quality, low-to-moderate income families unable to acquire proper masks, and communities of color in addition to frontline workers, schools and health centers serving these communities.”
In Miami, 200,000 masks will be distributed amongst Chapman Enterprises, United Way, Camillus House and The Martin Luther King Economic Development Corporation. In Broward, 110,000 masks will be supplied to eleven nonprofits including, Junior Achievement of South Florida, Urban League of Broward County, and Hispanic Unity. While in Palm Beach 30,000 masks will be donated to Clinics can Help/United Way of Palm Beach County.
For more information on the bank’s support of employees, clients and communities during this time, see the latest updates here.
Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers, including approximately 3,000 lending centers, 2,600 financial centers with a Consumer Investment Financial Solutions Advisor and approximately 2,200 business centers; approximately 16,900 ATMs; and award-winning digital banking with approximately 39 million active users, including approximately 30 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.