TMCnet News
Bank of America Provides $1.1 Million to Support Texans and Communities Impacted by Winter StormBank of America today announced a $1.1 million commitment to address local needs across Texas as communities continue to recover from a devastating winter storm that left dozens dead and millions without power or safe drinking water. This includes $250,000 from the Bank of America Charitable Foundation to the American Red Cross in support of its work across all of the states impacted by the storm and to the Feeding Texas network. The remaining $900,000 will be distributed to local nonprofits across Texas as they work closely with communities in need to provide shelter, water, food and essential items. "I am always impressed by the resilience of Texans and our Bank of America employees," said Nikki Graham, Austin Market President of Bank of America. "From the Rio Grande Valley to the panhandle, this winter storm affected the entire state, including our 19,000 employees in Texas, and for many, the recovery is just beginning. Bank of America will continue to provide support to help individuals, families, and businesses move past this deadly storm." Additionally, the Bank of America Charitable Foundation will match all employee gifts dollar-for-dollar to relief agencies through March 26. Bank employees can also donate matched funds to their colleagues through Bank of America's Employee Relief Fund, which provides short-term assistance to teammates experiencing significant financial hardship as a result of a natural disaster, family emergency or other unexpected events. Bank of America's local market contributions include:
Bank of America has a longstanding commitment to responding to communities in times of disaster, including natural disasters, humanitarian crises and civil strife. Bank of America is committed to helping clients, employees and nonprofits navigate difficult times by providing the right resources to recover and rebuild. For Bank of America clients needing financial support as a result of the storm and the resulting impacts, the Client Assistance Program is available to assist with specific needs.
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