Citi acted as lead advisor on behalf of The West Virginia Economic Development Authority as the authority issued $54 million of bonds to finance the cost of constructing, improving, and maintaining the state parks within West Virginia.
In 2023, the West Virginia Economic Development Authority issued over $70 million in municipal bonds, underwritten entirely by Bank of America. The bonds aid in financing construction costs for a 418-unit student housing complex and a 123,850-square-foot recreation and wellness center at Marshall University.
In 2023, the West Virginia Hospital Finance Authority issued $285.9 million in municipal bonds, partially underwritten by Bank of America, to finance renovation projects at several locations within the West Virginia University Health System. One of these projects is a two-story addition to Jackson General Hospital that will include a new emergency department, a surgical department, two operating suites and procedure rooms, and a floor of private rooms for inpatients.
A $20,000 grant to Couleecap, Inc. by Wells Fargo in Westby is providing critical bill payment assistance for small business owners and their workers within the Coulee Region. The goal is to offer support to small businesses whose employees are struggling with payroll assistance for sick and medical leave and the cost of rent. Small businesses’ most emergent needs will be determined, and awards will be given for critical needs. All participants will be referred to government programs, and they will receive information on emergency and unemployment budgeting to help them determine how other public resources can be used to free up cash for critical bills. Read More
In 2023, the City of Milwaukee issued $62 million in municipal bonds, underwritten by Morgan Stanley, to allow the city to increase its annual contribution to its Employes’ Retirement System.
In 2023, Milwaukee County issued $37.4 million in municipal bonds, underwritten by Citi, to support operations of the county’s airport system. The system includes Milwaukee Mitchell International Airport, Wisconsin’s largest and busiest airport.
In 2024, the Milwaukee Area Technical College District issued $1.5 million in municipal bonds, underwritten by BNY. The bonds finance renovations and remodeling of the college’s buildings, projects that are part of the district’s 2023-2024 improvement program.
In 2023, the Milwaukee Metropolitan Sewerage District issued $62 million in municipal bonds, underwritten by Citi, to finance the acquisition, leasing, design, construction, renovation and improvement of land, water, property, highways, buildings and equipment involved with the city’s sewerage system.
In 2023, Citi Community Capital provided a $61.85 million construction loan and a $32.55 million permanent loan for the financing of the construction of Cedar Crossing, a mixed-income housing property. The 254-unit apartment complex reserves units for tenants with incomes ranging from 30% to 60% of the Area Median Income. Read More
JPMorganChase provided philanthropic capital to Champlain Housing Trust, a Burlington-based community land trust. The funding helps Vermont residents overcome housing barriers through homebuying education, financial health education and coaching. Read More
In 2024, the City of North Charleston issued $29.4 million in municipal bonds, underwritten by Wells Fargo, to finance construction involved in the Ingleside Community Redevelopment Project. The project includes improvements to roads, traffic controls, street lighting, sidewalks, parks and recreation facilities, and construction of a new fire station.
In 2024, Dorchester County issued over $13 million in municipal bonds, underwritten by Wells Fargo, to finance a variety of infrastructure purchases and construction costs for the Oakbrook Redevelopment Project. A portion of the bonds are being used to fund renovations at Oakbrook Elementary School.
In 2024, Dorchester County issued over $13 million in municipal bonds, underwritten by Wells Fargo, to finance a variety of infrastructure purchase and construction costs for the Oakbrook Redevelopment Project. A portion of the bonds will fund renovations at Oakbrook Middle School.
In 2023, the Charleston County School District issued $40 million in municipal bonds, underwritten by Bank of America. A portion of the bonds finance the designing, constructing, and equipping of a replacement A.C. Corcoran Elementary School.
In 2023, the Charleston County School District issued $40 million in municipal bonds, underwritten by Bank of America, to support the designing, constructing, and equipping of a replacement Morningside Middle School.
In 2023, the Charleston County School District issued $40 million in municipal bonds, underwritten by Bank of America. A portion of the bonds are dedicated to funding construction to expand Deer Park Middle School.
In 2023, the Charleston County School District issued $40 million in municipal bonds, underwritten by Bank of America, to support the purchase of land near Midland Park Primary School.
In 2023, the Charleston Educational Excellence Financing Corporation issued $141.6 million in municipal bonds, underwritten by Wells Fargo, to partially refund a previous series of bonds that financed the acquisition, construction, renovation, and expansion of educational facilities in the Charleston County School District.
In 2024, Dorchester County issued over $13 million in municipal bonds, underwritten by Wells Fargo, to finance a variety of infrastructure purchases and construction costs for the Oakbrook Redevelopment Project. Plans include improvements to stormwater systems, water and sewer utilities, street lighting, bicycle trials, pedestrian paths and crosswalks, vegetative buffers, and landscaped medians. Improvements also include renovation and construction of public environmental, cultural, and recreational facilities.
In 2023, Dorchester County issued $18.9 million in municipal bonds, underwritten by Wells Fargo, to support roadway improvements and to fund the purchase, construction, and equipping of a 4,800 square-foot fire and EMS station.
In 2023, Dorchester County issued $28.2 million in municipal bonds, underwritten by Wells Fargo, to finance a series of upgrades to the county’s water and sewer system.
In 2024, the Clark County School District issued $200 million in municipal bonds, underwritten by JPMorganChase, to obtain, construct, renovate, and equip school facilities.
In 2024, Clark County issued $150.9 million in municipal bonds, partially underwritten by Bank of America and Wells Fargo. The bonds finance extensions, replacements, and repairs to the county’s airport system.
In 2023, Clark County issued $43.7 million in municipal bonds, underwritten by Morgan Stanley, to upgrade and equip a fire station and fire training center.
In 2023, Clark County issued $200 million in municipal bonds, underwritten by JPMorganChase. The bonds support the Regional Transportation Commission of Southern Nevada in financing construction for major streets and highways.
In 2023, the Nye County School District issued $25.6 million in municipal bonds, underwritten by BNY, to fund the acquisition, construction, improvement, and equipping of school facilities.
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Boston and Northern Massachusetts. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
The Bank of America Boston Marathon Official Charity Program raised $45.7 million, contributing to the marathon’s record total of $71.9 million in charitable funds raised in 2024. The funds went toward nearly 160 non-profit organizations in the Greater Boston community. Read More
Bank of America provided funding to Inquilinos Boricuas en Acción (IBA), a Boston-based nonprofit, which offers residents the chance to reach their financial goals, increase their credit and build assets. “The ability of IBA to deliver on its mission would not have been possible without the generosity, partnership and investment of Bank of America,” said IBA Chief Executive Officer Vanessa Calderón-Rosado. Read More
State Street employees volunteered at the Pine Street Inn, a nonprofit supporting homeless individuals in Greater Boston, and prepared nearly 4,000 meals. Read More
The Bank of America Sports with Us Clinic partnered with the Boston Athletic Association, the Patriots, and other local sports organizations to provide young athletes with a unique experience combining sports training and financial education. The event encouraged healthier lifestyles while helping participants build essential life skills like physical wellness, resilience, and money management. Read More
Bank of America has set a new fundraising milestone, generating $50.4 million for charitable causes through its involvement in the 2025 Boston Marathon. This achievement brings the company’s total charitable contributions through the event to over $600 million since 1989. Read More
In 2024, the City of Holyoke issued $9.3 million in municipal bonds, underwritten by BNY. The bonds finance a variety of local utility renovations, including sidewalk and road improvements, new traffic signals, and water main replacement.
In 2024, the City of Springfield issued $3.8 million in municipal bonds, underwritten by BNY, to finance a variety of public projects, one of which includes the construction of a new clubhouse at the Veterans Memorial Golf Course.
In 2024, the City of Springfield issued $3.8 million in municipal bonds, underwritten by BNY, to finance a variety of public projects, one of which involves constructing a new clubhouse at the Franconia Golf Course.
In 2024, the City of Springfield issued $3.8 million in municipal bonds, underwritten by BNY, to finance a variety of public projects, including the construction of a grandstand at the Walker Building.
In 2024, the City of Springfield issued $3.8 million in municipal bonds, underwritten by BNY, to finance a variety of public projects, including renovations to the Cyr Skating Arena.
In 2024, the Town of Southbridge issued $6 million in municipal bonds, underwritten by BNY, to finance a fire station, road paving, and West Main Street sewer and water improvements.
State Street partnered with Leader Bank, an Arlington-based Minority Depository Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “We are honored to be partnering with State Street Bank and appreciate its ongoing commitment to supporting our broader mission to offer our clients creative financial products and customized solutions that allow them to achieve financial prosperity for themselves, their families, and their businesses,” said Sushil K. Tuli, chairman and chief executive officer of Leader Bank. Read More
The family-owned marine transportation operator, Canal Barge Company, is an integral partner in the New Orleans business base. President and CEO of Canal Barge Company, Merritt Lane III, recognized Chase bank as a valuable part of the company’s business and industry. “The bank, and its predecessors, has been our agent since the 1950s, collaborating and brainstorming with us. We have a relationship built on trust, local and mariner knowledge, and community,” Lane says. Read More
Bank of America will open five financial centers in New Orleans in 2025, bringing banking, investing, retirement, lending and small business services and solutions to more clients and communities. By expanding its retail footprint in the area, Bank of America is building on the $62 million in loans to small businesses and $1 billion to commercial business clients in the New Orleans/Baton Rouge area. Since 2018, the firm has invested nearly $550,000 in New Orleans/Baton Rouge through grants to local nonprofits, employee matching gifts and scholarship programs. Read More
State Street partnered with Liberty Bank, a New Orleans-Based Community Development Financial Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “This partnership will help address community inequities and advance our financial inclusion and economic empowerment mission at Liberty Bank,” said Todd McDonald, president of Liberty Bank and Trust Company. Read More
In 2023, Wells Fargo donated $10,000 to Outstanding Mature Girlz, a nonprofit organization committed to mentoring and teaching life skills to girls, as well as promoting community service in the Baton Rouge area. Read More
As part of Bank of America’s $1.25 billion, five-year commitment to advance equality and economic opportunity, the bank is supporting the Hawthorne Community Center, an organization that works to lift families by providing workforce skills training to parents and academic assistance to children in Indianapolis. Through its 2Gen initiative, the program provides early childhood education, job training, economic assistance, and a monthly food pantry for families struggling to cover basic living expenses. Read More
In 2023, Bank of America awarded a $200,000 grant to the Community Alliance of the Far East Side (CAFE), an Indianapolis-based community development organization. The grant helped revitalize CAFE’s after-school program that was inactive for 10 years. In addition, the funding supports CAFE’s day-to-day operations, staff salaries and additional events and programming for the kids they serve. Read More
In 2024, Wells Fargo partnered with Habitat for Humanity of Greater Fort Wayne to install exterior wall coverings on homes in the community. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Chicago. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
JPMorganChase announced its renovation plans for Chase Tower in Chicago. The project creates 970 local construction jobs – generating additional economic activity of $264 million for Cook County. Read More
The Wells Fargo Foundation provided a $500,000 grant to Neighborhood Housing Services of Chicago, Inc. (NHS) in support of its Chicago flats initiative. The goals of the initiative are to preserve and rehab two- and four-unit flats, maintain rental affordability, and help homeowners build wealth. The grant will help NHS connect homeowners and renters to available mortgage and rental assistance programs. Read More
In 2023, JPMorganChase helped local developer, Carlos Nelson, build a health and community center in Auburn Gresham. The Auburn Gresham Healthy Lifestyle Hub (HLH) houses medical facilities, restaurants, pharmacies, and provides a space for community members to convene. Through the New Markets Tax Credit initiative, JPMorganChase supported the $18 million project by providing a $14.5 million equity investment. Read More
In 2023, JPMorganChase announced a $7.2 million philanthropic commitment to The Resurrection Project (TRP), an organization focused on transforming abandoned lots into affordable housing and hosting workshops on how to build credit and buy property. This commitment helps TRP with building or preserving more than 150 affordable housing residences throughout the Chicago area over the next three years. The funding also supports financial education programs and provides lending solutions for both first-time homebuyers and long-term homeowners. Read More
JPMorganChase committed $650,000 to HIRE360, a Chicago-based organization that works across unions, apprenticeship schools, and construction industry firms to align job opportunities with eligible workers. The funding supports HIRE360’s job training center in the city’s South Loop, connecting women, veterans and underrepresented groups to good-paying careers in over 30 skilled trades. Read More
Bank of America announced it will expand its financial center network into nine new markets by 2026, bringing banking, investing, retirement, lending and small business services and solutions to more clients and communities. The bank plans to open four financial centers in Boise in 2024. Read More
Wells Fargo sponsored the Avenues for Hope Challenge by the Home Partnership Foundation in Idaho, supporting organizations that provide housing and services to those in need. In 2024, Wells Fargo contributed $375,000 in matching funds, helping raise a total of $501,000 for 20 nonprofits. Read More
JPMorganChase provided a $6.4 million New Markets Tax Credit investment to build Desert Sage Health Centers’ new facility in Mountain Home. The center provides one-stop primary healthcare services for Elmore County’s 28,000 residents, many of whom work in agriculture and hold multiple jobs. “When we were planning for the new building—it was the spirit everyone had at JPMorganChase that made the difference,” CEO of Desert Sage Health Centers Mary Ferguson said. “You could tell this project is purposeful. It’s not just a transaction.” Read More
Bank of America announced plans to open more than 150 financial centers across 60 markets by the end of 2027. In 2025, the bank will open four new financial centers in Idaho, starting with the first location in Nampa. Read More
Citi provided $75.25 million to finance the construction of three phases of Summer Town Estates, the first affordable housing community for seniors built in Guam in over 30 years and the first private affordable senior housing community in Guam ever. Totaling 399 units, the homes will be reserved for families and seniors earning no more than 60% of the area median income. The development also helps meet the demand for housing for people with special needs, with 20% of the homes set aside for residents with vision, hearing, and mobility impairments.
In 2022, the city of Melbourne issued $35 million in municipal bonds, underwritten by Citi. The bonds will be used for financing the property acquisition, design, construction, and equipping of a new police headquarters facility within the city.
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Miami. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In 2023, Citi collaborated with International Finance Bank (IFB), a Miami-based Minority Depository Institution. Through Citi Community Capital, Citi worked with IFB on affordable housing deals, leading to greater economic opportunity for low-income communities. Read More
The Citi Foundation announced its latest cohort of Community Progress Makers, an initiative that expands the impact of community organizations through unrestricted, trust-based funding. Branches, a Miami-Dade County-based recipient, will receive $1 million over three years to advance its financial wellness services and academic programs to low-income students and families. Read More
In 2024, Wells Fargo partnered with the Miami-Dade County’s Office of Innovation and Economic Development to launch the Strive305 Hub, an all-in-one resource platform designed to help small business owners connect with essential resources, community partners, and growth opportunities. Read More
With support from the Wells Fargo Foundation, the Business and Leadership Institute for Early Learning is empowering childcare providers in underserved Miami communities—like the Carter Academy—with the tools and training to build strong, sustainable businesses. Read More
In 2023, Wells Fargo donated $500,000 to Volunteer Florida’s Florida Disaster Fund to aid in the aftermath of Hurricane Idalia and the emergency response, including shelter, supply, and services for those displaced. “We are grateful for Volunteer Florida’s leadership in local relief efforts and its ability to offer essential services in the wake of the devastation. Our donation is aimed at expanding its capacity to reach those who need it most,” said Wells Fargo CEO Charles Scharf. Read More
In 2024, the City of Cape Coral issued $17.6 million in municipal bonds, underwritten by Wells Fargo, to finance the acquisition, construction and equipping of various park and recreational improvements in the city.
In 2023, the City of Cape Coral issued $138 million in municipal bonds, partially underwritten by Morgan Stanley, Bank of America and Citi, to fund the improvement of various utilities, including the development and construction of potable water, wastewater, and irrigation water systems within the North 1 West Area.
In 2024, the Collier County Industrial Development Authority issued $200 million in municipal bonds, partially underwritten by JPMorganChase, to finance the design, construction and equipping of medical facilities at several locations of the NCH Healthcare System. These specialized facilities include a 200,000-square-foot cardiac and vascular center and a three-story orthopedic care and surgery center.
In 2023, the City of Fort Myers issued $139 million in municipal bonds, partially underwritten by Bank of America. The bonds support improvements to the city’s utility system, which includes facilities for wastewater, irrigation, reclaimed water, and sewage treatment.
In 2023, Manatee County issued over $190 million in municipal bonds, partially underwritten by Bank of America, JPMorganChase and Wells Fargo. The bonds support improvements, extensions, and additions to the county’s utilities system.
In 2023, Manatee County issued $175 million in municipal bonds, partially underwritten by Bank of America and Wells Fargo. The bonds finance projects to improve the county’s transportation, parks and recreation, and fleet and warehouse facilities.
In 2023, Hillsborough County issued $53.4 million in municipal bonds, underwritten by Bank of America, to finance the obtainment, preservation, and restoration of environmentally vulnerable sites.
In 2024, Wells Fargo awarded a $300,000 grant to Space Coast Habitat for Humanity and Macedonia CDC to support the construction, appliances, and furnishings for two affordable housing units. Read More
In 2024, JPMorganChase awarded a $500,000 grant to CareerSource Central Florida to strengthen Osceola County’s semiconductor industry. The funding also supports the organization’s goal of training 100 individuals by the end of 2026. “CareerSource Central Florida is honored to receive this grant from JPMorganChase to support the advancement of workforce development for the semiconductor industry,” said Pamela Nabors, President and CEO of CareerSource Central Florida. Read More
The Wells Fargo Military Home Donation Program provided a mortgage-free condo to the widow of a U.S. Army sergeant who lost his life in action. Read More
In 2023, the Alaska Municipal Bond Bank issued $86.5 million in municipal bonds, partially underwritten by Wells Fargo. Over $50.3 million of the issuance is going toward improving educational facilities borough-wide and constructing a new Central Emergency Services station on the Kenai Peninsula.
In 2023, the Alaska Municipal Bond Bank issued $86.5 million in municipal bonds, partially underwritten by Wells Fargo. $10 million of the bonds support construction costs for a new recreational field house in the City of Soldotna.
In 2023, the Alaska Municipal Bond Bank issued $86.5 million in municipal bonds, partially underwritten by Wells Fargo. A portion of the funds support construction and equipment costs for renovations at Evergreen Elementary School, Stikine Middle School, and Wrangell High School.
Bank of America announced it will expand its financial center network into nine new markets by 2026, bringing banking, investing, retirement, lending and small business services and solutions to more clients and communities. The bank will open its first financial center in Birmingham in 2024, with plans to open five by the end of 2026. Read More
In 2023, The Wells Fargo Foundation and Enterprise Community Partners awarded $3 million to BuildUp, a Birmingham-based community school that offers paid internships and industry-aligned coursework to low-income high school students. The three-year grant helps BuildUp expand to new sites in Alabama and expand its house donation/relocation program. Read More
JPMorganChase has committed $2 million to launch the Alabama Capital Access Collaborative, a statewide initiative to help small businesses thrive. The program improves access to capital, supports entrepreneurs in running their businesses more efficiently, and provides technical assistance to local capital providers. A cohort of Birmingham-based lenders, including the Birmingham Business Resource Center, will participate in the effort. Read More
JPMorganChase has committed $2 million to launch the Alabama Capital Access Collaborative, a statewide initiative to help small businesses thrive. The program improves access to capital, supports entrepreneurs in running their businesses more efficiently, and provides technical assistance to local capital providers. A cohort of Birmingham-based lenders, including Bronze Valley, will participate in the effort. Read More
In 2023, Wells Fargo sponsored the Alabama Legal Food Frenzy, a statewide competition among law firms and legal organizations to support Alabama’s regional food banks. Wells Fargo donated $20,000, which helped provide nearly 350,000 meals to food insecure people in the state. Read More
JPMorganChase has committed $2 million to launch the Alabama Capital Access Collaborative, a statewide initiative to help small businesses thrive. The program improves access to capital, supports entrepreneurs in running their businesses more efficiently, and provides technical assistance to local capital providers. A Mobile-based lender, Commonwealth National Bank, will participate in the effort. Read More
JPMorganChase has committed $2 million to launch the Alabama Capital Access Collaborative, a statewide initiative to help small businesses thrive. The program improves access to capital, supports entrepreneurs in running their businesses more efficiently, and provides technical assistance to local capital providers. A Huntsville-based lender, Neighborhood Concepts, will participate in the effort. Read More
In 2023, the Wyoming Community Development Authority issued $153.5 million in municipal bonds, partially underwritten by Bank of America, to finance and refinance loans supporting the state’s Single Family Mortgage Program.
Citi donated over $6.6 million in support of education-focused non-profit organizations as part of its “e for education” campaign. The selected non-profit organizations focus on tackling childhood illiteracy and improving access to quality education. One recipient is Reston-based Fallen Patriots, an organization dedicated to educating children who have lost a parent in the U.S. military. Read More
The Citi Foundation announced its latest cohort of Community Progress Makers, an initiative that expands the impact of community organizations through unrestricted, trust-based funding. Community Lodgings, an Alexandria-based recipient, will receive $1 million over three years to advance its programs that lift low-income families from homelessness and housing instability, including transitional housing, affordable housing, and youth education. Read More
In 2024, the City of Alexandria, Virginia, Sanitation Authority issued $45.7 million in municipal bonds, partially underwritten by Wells Fargo, to fund multiple initiatives to upgrade the city’s sanitation systems. Initiatives include the Solids Upgrade Program, which will improve the handling, disposal, and reduce the volume of solids, the Preliminary and Primary System Upgrades Project to replace aging treatment systems, and the Tertiary Systems Upgrade Project, which will repair and replace filters, settling tanks, and chemical treatment systems.
In 2023, the City of Alexandria issued $246.6 million in municipal bonds, underwritten by Bank of America, to fund various public improvement projects, benefitting city parks and buildings, school facilities, the redevelopment of the Landmark Mall site, and the Washington Metropolitan Area Transit Authority.
Bank of America is providing a $35 million construction loan to help lower utility bills for residents of a new affordable housing development in Henrico County, known as The Helios. Funding from the bank is supporting the construction of on-site solar power generation that will significantly reduce utility and electric costs for residents. Read More
JPMorganChase has committed $780,000 in philanthropic capital to expand services for entrepreneurs in Richmond. This includes a $400,000 grant to the Metropolitan Business League to enhance access to Richmond’s free online resource hub—connecting small business owners with tools to grow and succeed. Read More
JPMorganChase has invested $780,000 in philanthropic capital to expand services for entrepreneurs in Richmond. This includes a $230,000 grant to Local Initiatives Support Corporation Virginia to assess and strengthen the tools entrepreneurs need to succeed. Read More
JPMorganChase has invested $780,000 in philanthropic capital to expand services for entrepreneurs in Richmond. This includes a $150,000 grant to the Virginia Hispanic Foundation to expand access to training and technical assistance, one-on-one mentoring, and access to capital for local small businesses. Read More
Bank of America awarded $200,000 to Arlington-based Kitchen of Purpose through its Neighborhood Builders Award. Kitchen of Purpose helps unemployed immigrants start culinary careers and businesses while promoting healthy lifestyles. Read More
Goldman Sachs partnered with Salt Lake Community College to provide an advanced education program for small business owners. For over a decade, the Goldman Sachs 10,000 Small Businesses program has helped entrepreneurs nationwide grow their businesses by offering a free, practical business training program, access to capital and personalized support services. Read More
Goldman Sachs celebrated the 1,000th graduate of its 10,000 Small Businesses program in Salt Lake City, in partnership with Salt Lake Community College. The 35th cohort included nearly 30 entrepreneurs. The local alumni represent over $2 billion in revenue and 24,000 jobs, highlighting the firm’s impact on regional economic growth. Read More
As part of its 25th anniversary in Salt Lake City, Goldman Sachs 10,000 Small Businesses celebrated a major milestone—its 1,000th program graduate in the city. “Goldman Sachs has been a key pillar in the Salt Lake community for 25 years, and10,000 Small Businesses has helped to equip entrepreneurs in the city with the tools they need to increase revenue, drive innovation and employ thousands of Utahns,” said Governor Spencer Cox. Read More
Bank of America awarded a $125,000 grant to St. Edward’s University to support low-income students. The university will use the funding to provide economic mobility and workforce development support, with a focus on building pathways for low-income students. Moreover, the funding will support mentoring programs. Read More
The Wells Fargo Foundation committed $500,000 in grant funding to Austin-based nonprofit Mobile Loaves & Fishes to build 3D-printed designs to serve the underhoused community. Read More
In response to the catastrophic flooding across Central Texas, JPMorganChase has committed $1 million in philanthropic support to aid relief and recovery efforts. The firm is also matching employee donations dollar-for-dollar to the Central Texas Food Bank. Read More
Wells Fargo has committed $1 million to support immediate relief and long-term recovery efforts following the tragic flooding in Texas. A portion of the funding will aid the Austin Disaster Relief Network, helping provide critical resources to affected communities. Read More
JPMorganChase supports the Cities for Financial Empowerment Fund’s CityStart Initiative in Dallas. This program creates a city-specific approach to offer mayors and their administration support in identifying financial empowerment goals, convening stakeholders for sustainable success, developing strategies, and crafting a plan for local insights and opportunities. Read More
Wells Fargo and JPMorgan partnered with Cities for Financial Empowerment to create Financial Empowerment Centers (FEC) offering professional, one-on-one financial counseling as a free public service to enable Dallas residents to address their financial challenges and needs as well as plan for their futures. Local governments offer FEC financial counseling as a free stand-alone public service, but also via integration into other social services including housing and foreclosure prevention services, workforce development, prisoner reentry, benefits access, domestic violence prevention, and more. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Dallas. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In 2023, JPMorganChase invested $6 million in philanthropic capital to The Real Estate Council (TREC), a commercial real estate organization focused on South Dallas neighborhoods that are vulnerable to rapid transition. TREC works to ensure more accessible homeownership for low-income families and that property remains in the hands of the community. Read More
In 2023, Goldman Sachs broke ground on its Dallas Campus, with the capacity to have more than 5,000 people employees working in its new building. The project also supported opportunities to work with small, diverse, and local talent as part of the firm’s supplier diversity goals. Read More
Founder of HD Waste & Recycling, Diana Martinez, expanded her two-truck waste management company into a multi-million-dollar business with help from JPMorganChase. In 2013, Martinez connected with a local analyst who helped her secure a loan to expand her fleet. Today, the company has 42 employees and over 30 trucks, serving thousands of clients across the Dallas-Fort Worth region. “I tell other women: It’s a lot of work. But you can do it if you put in the effort and have the right people to guide you,” Martinez says. Read More
Bank of America, Citi, JPMorganChase, and Wells Fargo offer Bank On certified accounts to improve the financial stability of unbanked and underbanked individuals in communities across the country, including Houston. Bank On coalitions are locally-led partnerships that work together to connect people to safe and affordable bank accounts, raise public awareness, target outreach to unbanked and underbanked, and expand access to financial education. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Houston. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including San Antonio. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In 2024, the City of San Antonio, Texas Education Facilities Corporation issued $67.2 million in municipal bonds, partially underwritten by Wells Fargo, to finance renovations to several facilities at Trinity University. Campus renovations will include the University’s Welcome Center, an event space building, and residence halls.
In 2023, the Bexar County Hospital District issued $188 million in municipal bonds, partially underwritten by JPMorganChase, for a variety of improvement projects to the University Health system. Projects include acquiring and reconstructing hospitals, medical offices, public health buildings, and purchasing the necessary technology and software to equip those facilities. Improvements also involve the construction of parking garages and the purchase of corresponding property, supplies, equipment, and machinery.
In 2024, the City of San Antonio issued $1.1 billion in municipal bonds, partially underwritten by Wells Fargo, to finance constructing, expanding, repairing, and maintaining the city’s electric and gas systems.
In response to the catastrophic flooding across Central Texas, JPMorganChase has committed $1 million in philanthropic support to aid relief and recovery efforts. The firm is also matching employee donations dollar-for-dollar to the Community Foundation of the Texas Hill Country. Read More
Twenty years ago, founder of natural skincare company FarmHouse Fresh, Shannon McLinden, was able to secure the financial flexibility FarmHouse Fresh needed to grow through JPMorganChase’s business credit line. “Having access to a credit line that grew with us really helped us take on more opportunities and risks and ultimately set up the business for success,” McLinden says. Now, the company is a thriving natural skincare business with $50 million in annual sales and almost 80 employees. The company also donates 10 percent or more of its profits to animal rescue organizations and to provide critical care for the farm animals at its sanctuary. Read More
Bank of America provided a grant to Project ARRIBA, Advanced Retraining and Redevelopment Initiative in Border Areas, which connects residents of El Paso with resources that can prepare them for higher education and train them for careers like health care, information technology, and more. Bank of America provided a grant that supports Project ARRIBA’s partnership with El Paso Community College, University of Texas at El Paso School of Nursing, and Texas Tech School of Nursing to train 425 women for jobs in healthcare. Read More
JPMorganChase has invested $3.75 million in the Tarrant To & Through Partnership to expand opportunities for Texas students. In 2023, the firm contributed $750,000 to fund the Pathways to Careers digital platform, which helps students explore careers and potential earnings. Read More
In response to the devastating flooding across Central Texas, Bank of America has pledged $1 million to support relief and recovery efforts. This includes a $250,000 donation to the Community Foundation of the Texas Hill Country, helping provide immediate aid and long-term recovery resources to affected communities. Read More
Wells Fargo continues its commitment to supporting veterans and their families. In partnership with Warriors Support, the firm provided a mortgage-free home in Alvarado to Retired U.S. Army Specialist Carl Reiher and his family. Read More
In 2023, Bank of America partnered with the Fogelman College of Business and Economics at the University of Memphis to launch the FCBE Career Fellows Program. This partnership supports the development of an innovative and strong pipeline of Black/African American graduates by engaging, educating, and effectively preparing Black/African American business students for professional success. Read More
In 2023, the Health and Educational Facilities Board issued over $145 million in municipal bonds, partially underwritten by Bank of America, to finance facility improvements and expansions at several Vanderbilt University Medical Centers. Projects include the construction of a tower at Vanderbilt University Hospital, which will hold 180 adult inpatient beds and 10 operating rooms.
In 2023, the Health and Educational Facilities Board issued over $145 million in municipal bonds, partially underwritten by Bank of America, to finance facility improvements at several Vanderbilt University Medical Centers. One of these projects involves expanding two floors of Monroe Carell Jr. Children’s Hospital at Vanderbilt to make 76 additional beds available.
In 2024, the Metropolitan Government of Nashville and Davidson County issued $366.7 million in municipal bonds, partially underwritten by Bank of America and JPMorganChase, to finance construction to improve and expand the area’s electricity system.
In 2023, the Metropolitan Sports Authority of Nashville issued $705.4 million in municipal bonds, partially underwritten by Goldman Sachs and JPMorganChase, to aid in financing the New Nissan Stadium. The bonds will support the design, engineering, construction, and furnishing of the stadium, which will be the new home of the Tennessee Titans NFL team and will host other entertainment, sporting, and civic events.
In 2023, Wells Fargo launched a $20 million program, Invest Native Initiative, to work with Native-led organizations and advance economic opportunities in Native American communities. Wells Fargo provided $500,000 to a Kyle-based Native American Community Development Financial Institution, Lakota Fund, and worked with the South Dakota Homeownership Coalition to expand homeownership in Native American communities across South Dakota. Read More
In 2023, Wells Fargo launched a $20 million program, Invest Native Initiative, to work with Native-led organizations and advance economic opportunities in Native American communities. Wells Fargo provided $500,000 to Eagle Butte-based economic opportunity organization, Four Bands Community Fund, and worked with the Mountain I Plains Regional Native Community Development Financial Institution Coalition to increase capital to Native entrepreneurs and drive small business growth. Read More
JPMorganChase announced $20 million in new philanthropic funding to organizations across the country working to expand homeownership for underserved communities. Build Wealth MN, a Minneapolis-based recipient, received $3 million and will expand access to homebuyer education, affordable mortgage and downpayment assistance, and a matched savings account for Black homeowners. Read More
Since 1977, Wells Fargo has been a leading partner of BestPrep, a Brooklyn Park-based organization that provides education programs to young students. Support from Wells Fargo helps expand BestPrep’s financial literacy programs to underrepresented students. Read More
Goldman Sachs partnered with St. Cloud Technical and Community College to bring its 10,000 Small Businesses program to the region and help small businesses grow. The first class of 32 cohorts included Donella Westphal, owner of Jules’ Bistro. “The energy is just really incredible, and I just feel so lucky to have been selected and to meet such amazing entrepreneurs from across the state. We’re all really excited to be part of this, and we’re already learning from each other,” Donella said. Read More
State Street partnered with Sunrise Banks, a St. Paul-based Community Development Financial Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “With this mission-based deposit through State Street, we will be able to invest in more projects and initiatives designed to empower financial wellness, foster inclusivity, and support economic growth,” said David Reiling, president and CEO of Sunrise Banks. Read More
In 2023, the Wells Fargo Foundation invested $40,000 to Capital Good Fund, a Providence-based Community Development Financial Institution, in support of its financial coaching programs. The grant funding helped expand access to financial coaching to 500 low-income families. Read More
Bank of America awarded a $200,000 grant over two years to the Providence After School Alliance, an organization that works to expand high-quality, after-school and summer learning opportunities for Providence youth. The multiyear grant funding strengthens programs and services that help enrich the education of young people. Read More
Bank of America awarded a $200,000 grant over two years to the Junior Achievement of Rhode Island, an organization that works to provide financial literacy, work readiness and entrepreneurship programs to K-12 students. The multiyear grant funding strengthens programs and services that help enrich the education of young people. Read More
Bank of America and Vital Voices Global Partnership brought together women leaders from the private sector, social enterprise and the nonprofit community in San Juan, Puerto Rico, for a weeklong initiative that connects women leaders in business and social enterprise to mentoring and expertise. The week focused on building organizational leadership and business acumen and enhancing skills in key areas such as financial and human resources management, business strategy, and communications.
In Puerto Rico, Citi invested in the Caño Martin Peña Community Land Trust that is aiming to help families secure a pathway to ownership and long-term affordability in the parts of San Juan hit hardest by Hurricane Maria. The Caño Martin Peña CLT focuses on a densely populated area of San Juan that is home to a disproportionate number of low-income residents. Citi’s investment aims to help families secure a pathway to ownership and long-term affordability. Since 2016, Citi has invested more than $1 million in housing assistance in Puerto Rico.
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Philadelphia. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In 2023, JPMorganChase announced its plan to contribute $5 million over three years to support economic development in the Kensington Neighborhood Commercial Corridor in North Philadelphia. In addition, the firm invested $3 billion in mortgage and small business lending and planned its expansion of retail branches. “We’re proud JPMorganChase is not only expanding its business into the Philadelphia region, but also investing in long-term economic solutions for the Kensington neighborhood,” Former Philadelphia Mayor Jim Kenney said. Read More
Wells Fargo donated $5 million to HomeFree-USA to aid first-time homebuyers in Philadelphia. Through its NeighborhoodLIFT program, the firm offers up to $15,000 in assistance and provides education and financial coaching for homeownership. Read More
JPMorganChase announced $9.6 million in philanthropic commitments to organizations that help preserve homeownership by addressing heirs’ property issues, appraisal bias and the undervaluation of homes. Catapult Greater Pittsburgh, a community-based nonprofit, received $3 million and is providing a clinic to help people who do not have a legal title to their property in their name. Read More
Over the past decade, BNY has contributed $500 million to the city of Pittsburgh through the BNY Foundation of Southwest Pennsylvania. As a proud part of Pittsburgh for more than a century, BNY remains dedicated to revitalizing Downtown and strengthening its ties to the city. Read More
In 2023, Morgan Stanley financed the construction of Wecoma Place, a low-income housing tax credit project located in Lincoln City in response to the Echo Mountain Wildfire of 2020. The wildfire spanned over 2,500 acres north of Lincoln City and over 400 homes were lost. The construction of Wecoma Place provides one- and two-bedroom apartments for seniors, disabled persons, and families. Read More
Wells Fargo contributed to a $205,000 grant to Adelante Mujeres, a Forest Grove-based non-profit organization that empowers Latina women in Washington County. The grant supports the organization’s work to provide opportunities and education to Latina women and their families. Read More
In 2024, Bank of America sponsored 12 scholarships for the Small Business Management Program, a collaboration with the Portland Metro Chamber and Portland Community College. This initiative is designed to help both new and experienced business owners enhance revenue, improve operations, and hire talented employees. Read More
In 2024, JPMorganChase partnered with Habitat for Humanity Portland Region to build four playhouses. “Working alongside a team of compassionate individuals, we crafted more than just a structure. We built a place where children can dream, play, and reclaim a sense of normalcy and joy,” said Julie Campbell, JPMorganChase’s Executive Director/Market Director. Read More
In 2024, Wells Fargo partnered with Habitat for Humanity Portland Region to build a playhouse which will be donated to Wapato Island Farm in support of Native American youth. Read More
In 2022, Bank of America announced over $527,000 in grants to seven Oklahoma organizations to drive economic opportunities for individuals and families in Native American/Indian communities. Two recipients are the Oklahoma City Indian Clinic and the Regional Food Bank of Oklahoma. The Oklahoma Indian City Clinic is a nonprofit clinic that provides health and wellness services to American Indians in central Oklahoma. The Regional Food Bank provides food through a network of more than 1,300 community-based partner agencies and schools in 53 countries in central and western Oklahoma. Through this partnership, the organization will convert a warehouse into a fully operational, permanent food resource center. Read More
In 2024, Independent School District No. 4 of Tulsa County issued $20.9 million in municipal bonds, underwritten by JPMorganChase, to fund an array of facility and equipment improvements at Bixby High School. Facility improvements include the construction and furnishing of Phase 3 of a new academic building with classrooms, offices, and arts and science labs. Improvements to existing facilities include new track locker rooms, stadium fencing, swimming pool repairs, and new instructional technology.
Wells Fargo collaborated with the T.D. Jakes Foundation to create opportunities for historically underrepresented communities with a philanthropic investment of $9 million to community-based organizations across the United States. Greenwood Rising, a Tulsa-based culture and history center, received $25,000 to support its educational programs. Read More
State Street partnered with Local Bank, a Hulbert-based Minority Depository Institution (MDI) and Community Development Financial Institution (CDFI), as part of the firm’s $100 million program to provide low-cost, stable deposit funding to MDIs and CDFIs. “From supporting small businesses to achieving homeownership and everything in between, we are confident that State Street’s deposit will create a long-lasting impact within the communities that we serve,” said Susan Plumb, chairman and chief executive officer of Local Bank. Read More
In 2023, JPMorganChase announced their $3 million commitment over the next three years in the Columbus Urban League (CUL), a resource for Black and urban communities that is dedicated to growing wealth, education, earning power and small businesses, while also supporting strong families. This commitment will fund CUL’s new program that aims to provide education, support and access to capital and contracting opportunities for 100 women entrepreneurs and business owners in Greater Columbus. Read More
JPMorganChase is providing $10 million to the Affordable Housing Trust, a nonprofit dedicated to developing housing opportunities within the City of Columbus and Franklin County to increase the number of affordable housing units in the area. This long term, low-cost loan doubles down on the firm’s investments to power a stronger economy in Ohio by helping scale the supply of multi-family affordable housing units in the region. Read More
In 2023, JPMorganChase announced a $3 million investment in The Columbus Urban League (CUL)’s Accelerate Her initiative, which provides education, support, access to capital, and contracting opportunities for women entrepreneurs and business owners to help them scale and grow. “The Accelerate Her initiative and the multi-year, multi-million-dollar investment by our partners at JPMorganChase will have a rippling and residual impact on the economic empowerment of Black women and a tremendous economic impact on the community as a whole,” said CUL President & CEO Stephanie Hightower. Read More
JPMorganChase’s Forward Program provides mentorship to small business owners and offers support on business challenges, such as financial modeling, e-commerce, and more. In 2023, Lisa Gutierrez, owner of Dos Hermanos, a Mexican-inspired food business in Columbus, worked with JPMorganChase’s volunteers to expand her services online. Together, they created and streamlined an app that is user-friendly for both guests and staff to engage in her business. Read More
JPMorganChase committed $2.1 million to four Columbus-based organizations to support a regional workforce collaborative that advances career pathways for individuals and families. This funding enables One Columbus, an economic development organization, to lead the initiative by fostering collaboration among businesses, education institutions, and workforce partners. Read More
JPMorganChase committed $2.1 million to four Columbus-based organizations to support a regional workforce collaborative that advances career pathways for individuals and families. This funding enables the Columbus City Schools District to promote business opportunities for their high school redesign work. Read More
In 2022, Ohio University alumna and JPMorganChase Vice President of Software Engineering, Paige Love, created a program geared towards young women interested in STEM. The firm’s “Breakthrough” program focuses on developing STEM-related experiences for young women, specifically eighth grade girls in the central Ohio area. Read More
Forty years ago, Medina-based Fire-Dex produced one product: leather gloves for welders. Today, the company manufactures protective gear for first responders and firefighters across the country. With capital support from JPMorganChase, Fire-Dex expanded its production capacity and bought the patent for its new line of firefighter gear. “JPMorganChase has always been there for us. I can’t say enough about their willingness to work with us and help us grow,” Fire-Dex owner and chairman Bill Burke says. Read More
As part of Bank of America’s $1.25 billion five-year commitment to advance racial equality and economic opportunity, the firm is supporting the construction of CentroVilla25, a business and cultural hub slated to open in Cleveland’s Clark-Fulton neighborhood in 2024. This project supports the Northeast Ohio Hispanic Center for Economic Development’s mission to provide economic mobility for the Hispanic-Latino residents in the area. Read More
Citi Community Capital provided a $28 million construction loan and a $20.4 million permanent loan to finance the acquisition and rehabilitation of The Ericsson Apartments, a 240-unit project in Akron. The property’s affordability was preserved for an additional 20 years through a Housing Assistance Payment contract for all units. Read More
In 2023, Bank of America announced four New York City-based women- and minority-owned business to join the firm’s annual Small Business Spotlight Program, which offers local entrepreneurs and businesses support to reach new customers. A Brooklyn-based and Black-owned children’s bookstore, Stories of a Colorful World, was selected to showcase its products at the Bank of America Winter Village at Bryant Park. Read More
Citi announced that it will donate over $6.6 million in support of education-focused non-profit organizations as part of its “e for education” campaign. The selected non-profit organizations focus on tackling childhood illiteracy and improving access to quality education. One New York-based recipient is Civic Builders, an organization that develops public school buildings in historically under-resourced communities. Read More
State Street issued $1 billion of senior debt with Tigress Financial Partners, a disabled and women-owned firm based in New York, as co-manager on the transaction. Read More
In 2023, State Street issued $1 billion of senior debt and $0.5 billion of senior subordinated debt with Siebert Williams Shank, a women- and minority-owned firm based in New York, as a joint book-running manager on the transaction. “State Street remains a leading partner in its commitment to broadening opportunities for minority and women-owned business enterprises,” said Suzanne Shank, President and CEO of Siebert Williams Shank. Read More
In 2023, the New York Transportation Development Corporation issued $2 billion in municipal bonds, partially underwritten by Citi, Bank of America, and JPMorganChase, to finance Phase A of a project at John F. Kennedy International Airport. The project includes the design, construction, and operation of the New Terminal One passenger terminal, which is anticipated to hold 23 gates across 2.4 million square feet. The project also involves demolishing a parking garage near the current Terminal 1, building new offsite facilities, utilities and roadways, and improving the AirTrain.
JPMorganChase announced $9.6 million in philanthropic commitments to organizations that help preserve homeownership by addressing heirs’ property issues, appraisal bias and the undervaluation of homes. Center for New York City Neighborhoods, a non-profit organization dedicated to supporting low- and moderate-income homeowners, received $889,000 in support of its free estate planning services and education for Black homeowners. Read More
Goldman Sachs’ Urban Investment Group partnered with KeyBank Community Development Lending and Investment and provided a $200 million construction loan for the planned renovation of affordable housing for seniors in Rochester, New York. The capital investment will have a significant impact within underserved communities living in downtown Rochester. Read More
JPMorganChase provided a $36 million letter of credit to help finance the construction of Center City Courtyard, a 164-unit supportive housing apartment in Rochester. When the apartment is completed in 2025, it will create 95 new supportive housing units for formerly homeless veterans and the formerly incarcerated. Read More
JPMorganChase partnered with BronxWorks, an organization that provides supportive housing and social services to families and individuals. The firm’s $450,000 commitment supports the launch of BronxWorks Landlord Engagement Program, an initiative to educate and support small landlords who want to provide affordable housing in their communities. Read More
BNY collaborated with Ponce Bank, a Bronx-based Minority Depository Institution, as part of the U.S. Treasury Department’s Financial Agent Mentor-Protégé Program. This alliance supports Ponce Bank’s investment in local businesses and housing in underserved communities. Read More
State Street partnered with Ponce Bank, a Bronx-based Minority Depository Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “Deposits from forward looking institutions like State Street help us bring financial equity to the underserved but highly deserving communities in and around New York City that we’ve been so proud to support for over 60 years,” said Carlos P. Naudon, President and CEO of Ponce Bank. Read More
In 2024, the South Jefferson Central School District issued $2.2 million in municipal bonds, underwritten by BNY, to finance the purchase of school buses.
In 2023, the Fonda-Fultonville Central School District issued $6.5 million in municipal bonds, underwritten by BNY, to finance renovations at several of its buildings and sites. The bonds also help finance new furnishings, equipment, and machinery.
In 2023, Montgomery County issued $5.4 million in municipal bonds, underwritten by BNY. The bonds finance construction costs to demolish a former Beech-Nut factory site and replace a bridge on Cranes Hollow Road.
In 2023, the County of Schoharie issued $7.3 million in municipal bonds, underwritten by BNY, to finance the fortification of streambanks to minimize potential damage from future hurricanes.
In 2023, the NYC Housing Development Corportation issued $400.2 million in municipal bonds, partially underwritten by Bank of America, Morgan Stanley, Citi, JPMorganChase, and Wells Fargo. The bonds finance construction costs and mortgage loans for multi-family housing developments, plans which include improvements in Brooklyn neighborhoods.
In 2024, Bank of America announced four New York City-based small business beneficiaries of its Small Business Spotlight program, which offers local entrepreneurs and businesses support to reach new customers. A Brooklyn-based pet shop, What a Cutie, was selected to showcase its products at the Bank of America Winter Village at Bryant Park. Read More
Goldman Sachs is financing a $270 million affordable housing initiative in Brooklyn’s East New York neighborhood. The project will deliver 385 new apartments, bringing a major boost to the community. “This project is helping us fight the housing affordability crisis while also prioritizing improvements that will make the neighborhood more livable for families,” New York Governor Kathy Hochul said. Read More
The Goldman Sachs Urban Investment Group has deployed capital to support the second phase of an affordable housing development in Coney Island, which recently broke ground and is expected to deliver 420 new residences. Read More
In 2024, Wells Fargo committed $500,000 to Breaking Ground, a New York City-based organization that operates nearly 4,500 units of permanent housing. This funding supports the organization’s affordable housing facility in Harlem. Read More
In celebration of BNY’s 241st anniversary, employees across the globe dedicated their time to giving back to their communities. In New York, team members partnered with Good+Foundation to assemble gift sets for growing families, helping welcome new life with essential items. Read More
Morgan Stanley remains committed to giving back to the community. As part of the firm’s Global Volunteer Month, employees gathered in Times Square to partner with Food Bank For New York City, working together to make a meaningful impact on addressing food insecurity. Read More
In 2023, Wells Fargo launched a $20 million program, Invest Native Initiative, to work with Native-led organizations and advance economic opportunities in Native American communities. Wells Fargo provided $500,000 to a Laguna-based Community Development Financial Institution, Native Community Capital, and worked with the New Mexico Tribal Homeownership Coalition to build a campaign around model mortgage lending and homeownership activities for tribal communities. Read More
JPMorganChase announced $20 million in new philanthropic funding to organizations across the country working to expand homeownership for underserved communities. Homewise, an Albuquerque-based recipient, received $1 million and will pilot a credit builder loan product with matched savings to overcome key barriers to homeownership. Read More
The Wells Fargo Community Grant committee awarded a $10,500 grant to the Belen MainStreet Partnership, a non-profit organization dedicated to addressing downtown revitalization. The grant assists seven small, locally owned businesses in Belen with various needs, such as landscaping and buying supplies and signs. Read More
Citi Community Capital partnered with Freddie Mac Multifamily and turned an iconic New Jersey bell tower into affordable housing for hundreds of Newark residents. The Walker House includes 264 units and gives residents easy access to Washington Park, local transit options, museums, and restaurants. This renovation is central to the revitalization of downtown Newark, which has historically faced economic challenges. Read More
JPMorganChase partnered with Newark-based nonprofit United Way to provide financial literacy training to people in neurodiverse and disabled communities. The four-week courses reached over 50 people in three cohorts. Read More
Citi provided a $20 million construction loan for Willows at Flemington Junction South, a 100-unit affordable family apartment community. The community provides onsite services to the formerly homeless population, including residential, medical, vocational, and recreational support. Read More
State Street issued $1 billion of senior debt with R. Seelaus & Co., Inc., a Chatham-based women-owned business enterprise, as co-manager on the transaction. Read More
In 2024, Wells Fargo teamed up with Habitat for Humanity of South Central New Jersey for a neighborhood repair and clean-up event. Read More
In 2023, Wells Fargo awarded $600,000 to ROC USA, a Concord-based non-profit organization dedicated to bringing resident ownership to manufactured home communities. This award helps fund innovation in market development and the expansion of resident ownership across the nation. Read More
In 2023, Wells Fargo sponsored the SHARE Omaha’s Back to School drive and helped students start the school year with school supplies donated by community members. “We are proud to elevate SHARE Omaha’s Back to School Drive and contribute to the academic success of the students who will become our community’s future leaders,” said Cristina Castro-Matukewicz, Wells Fargo’s Senior Vice President of Community Affairs. Read More
Goldman Sachs partnered with Bismarck State College to bring an in-class training program to North Dakota small business owners. For over a decade, the Goldman Sachs 10,000 Small Businesses program has helped entrepreneurs nationwide grow their businesses by offering a free, practical business training program, access to capital and personalized support services. Read More
In 2023, Bank of America announced a $1 million donation to Discovery Place in Charlotte, N.C. This donation provides students and teachers resources and skills for education and career development to meet the growing demand for STEM jobs. In addition, this donation provides new programs to more than 7,000 students at various Charlotte Mecklenburg County Title I schools. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Charlotte, N.C. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
Wells Fargo partnered with Operation HOPE to expand access to financial education workshops and one-on-one coaching for small business owners in Charlotte. “Strategic partnerships are the backbone of community transformation and Wells Fargo has been with us since the beginning. We are deeply grateful for their commitment to increasing economic inclusion by expanding our HOPE Inside for Small Business footprint,” said John Hope Bryant, founder, Chairman and CEO, Operation HOPE. Read More
Citi is strengthening its presence in Charlotte, North Carolina, with the launch of a new office that will create 510 new jobs. This expansion reinforces the city’s role as a growing financial hub and reflects Citi’s continued investment in local talent and economic development. Read More
State Street announced a $100 million program to provide low-cost, stable funding to Minority Depository Institutions (MDI) and Community Development Financial Institutions (CDFI). As partners with Durham-based MDI and CDFI, Mechanics & Farmers Bank, State Street will is supporting the firm’s collective mission of addressing inequities in our communities by working toward a more just and equitable future. Read More
In 2023, Wells Fargo awarded a $25,000 grant to the Baltimore Village School, a historic African American schoolhouse. This funding supports the school’s transformation into a community center and museum dedicated to preserving the history of the Baltimore Village neighborhood, the school itself, and the significant contributions of African Americans to the history of Cramerton and Gaston County. Read More
In 2023, the Board of Regents of Higher Education for the State of Montana issued $14.4 million in municipal bonds, underwritten by Wells Fargo, to finance previous bonds that funded renovations to the student union building, the health and physical education complex, and construction of the Black Box Theater at Montana State University’s Bozeman campus.
Wells Fargo partnered with the Federal Home Loan Bank of Des Moines (FHLB Des Moines) in support of its Member Impact Fund, a grant program that provides funding to strengthen communities in targeted areas. Prospera, a leading business and community development organization in Bozeman, received $60,000 from the Member Impact Fund. “Funding from Wells Fargo and FHLB Des Moines allows Prospera to continue and expand our work in rural communities, helping entrepreneurs, businesses, and communities,” said Paul Reichert, Executive Director of Prospera. Read More
Wells Fargo partnered with the Federal Home Loan Bank of Des Moines in support of its Member Impact Fund, a grant program that provides funding to strengthen communities in targeted areas. The United Way of Missoula County, a community-based organization, received $80,000 from the Member Impact Fund to support individuals facing housing instability. “We are very grateful that Wells Fargo sees the opportunity of our work and has chosen to make continued investment in helping our neighbors when they need it most right here in Missoula,” said Susan Hay Patrick, the CEO of the United Way of Missoula County. Read More
Wells Fargo partnered with the Federal Home Loan Bank of Des Moines in support of its Member Impact Fund, a grant program that provides funding to strengthen communities in targeted areas. Habitat for Humanity in East Helena, a non-profit organization dedicated to building affordable and safe housing units, received a $100,000 grant to help them further their housing development. Read More
In 2024, Wells Fargo granted a total of $6.4 million to 33 nonprofits through its Invest Native Initiative to strengthen housing access and affordability, small business growth, financial health, and sustainability in Native American communities. One of the recipients includes the Native American Development Corporation, a non-profit organization that provides training and one-on-one technical assistance to Native entrepreneurs. Read More
In 2024, Wells Fargo granted a total of $6.4 million to 33 nonprofits through its Invest Native Initiative to strengthen housing access and affordability, small business growth, financial health, and sustainability in Native American communities. One of the recipients includes the Plenty Doors Community Development Corporation, an organization dedicated to improving the Apsáalooke community. Read More
In 2024, Wells Fargo awarded Alcorn State University’s School of Business a $125,000 grant to launch the Finance Education Center. The center offers students hands-on stock trading experiences and education in personal finance and economics. “Partnering with Wells Fargo to create our Financial Education Center is the epitome of excitement for us here at Alcorn School of Business,” said Dr. Antwon D. Woods, dean of the School of Business. Read More
Goldman Sachs partnered with State Fair Community College in Sedalia, Missouri, to launch a small business education program to educate small business owners on how to improve and expand their businesses. The partnership is part of the firm’s $100 million dollar investment for rural small businesses. Read More
In 2023, Bank of America became an Official Community Partner with the professional women’s soccer team, Kansas City Current. This partnership played a critical role in the renovation of a STEM Lab at East High School, the biggest high school in Kansas City. The STEM Lab project provided laptops and equipment storage, in addition to other renovations. “Both the KC Current and Bank of America share a mission to lead our respective industries when it comes to innovation and achievement. Even more importantly, we share a commitment to giving back to the community and taking action to support local leaders and organizations,” said Kansas City Current co-owner Chris Long. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Detroit. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
As Detroit’s tech sector takes off, NPower Michigan provides IT training for young adults from underserved communities. Bank of America provided a grant to expand NPower Michigan’s Tech Fundamentals program, an education and job placement program for young people and military veterans that provides the skills and career pathways to advance in the tech sector. Read More
With partners like Detroit at Work, a non-profit organization that provides employment services, JPMorganChase is helping create employment opportunities that match the needs of the community. The firm’s $200 million investment in Detroit has allowed jobseekers to participate in training programs aligned with high demand industries, and resulted in nearly 72,000 Detroiters placed in apprenticeships, full- or part-time jobs. In 2023, Detroit’s unemployment rate fell under seven percent, its lowest since 2000. Read More
In 2023, the School District of the City of Pontiac issued $24 million in municipal bonds, partially underwritten by Wells Fargo, to support various projects to improve facilities and outdoor spaces. Projects include remodeling, re-equipping and refurnishing school buildings, classrooms, security entrances, traffic controls, playgrounds and athletic fields, and installing instructional technology and equipment.
In 2023, the Bloomfield Hills School District issued $76 million in municipal bonds, partially underwritten by JPMorganChase, to fund renovation projects for school buildings, school amenities, and district facilities. The renovations involve constructing and equipping multi-purpose gymnasium and cafeteria rooms, secure entryways, playgrounds and athletic fields, and an aquatic center. Projects also include installing educational technology and equipment, building a new transportation warehouse facility, and purchasing school buses.
In 2023, the Macomb Intermediate School District issued $92.3 million in municipal bonds, partially underwritten by JPMorganChase, to finance the acquisition, remodeling, and re-equipping of special education buildings, facilities, and school buses.
In 2023, the South Lyon Community School District issued $43.7 million in municipal bonds, partially underwritten by JPMorganChase, for projects to construct, remodel, and refurnish school buildings, playgrounds, and parking lots. The projects are environmentally focused, with renovations designed for energy-efficient lighting, roofing, HVAC, and re-equipped classroom technology and student devices.
In 2023, the Troy School District issued $171.3 million in municipal bonds, partially underwritten by JPMorganChase, to remodel and equip school buildings, athletic fields, playgrounds, and a replacement middle school. The bonds are also going toward installing technology in classrooms and purchasing school buses.
In 2023, the West Bloomfield School District issued $70 million in municipal bonds, underwritten by Bank of America, to construct and outfit two new elementary schools, purchase school buses, install instructional technology, and remodel and refurnish other elementary and high school buildings, athletic fields, and playgrounds.
Morgan Stanley celebrated the graduates of its second-annual STEM Robotics Program in Baltimore. Middle school students from The Crossroads School presented the robots they built during the 12-week program, powered by code they wrote with mentorship from the firm’s employees. The graduates received their own Circuit Playground processor to continue their journey in programming. Read More
As part of JPMorganChase’s commitment to support economic and community development in Baltimore, the firm granted a total of $1.25 million to community-based organizations that support small businesses. One grant recipient, Harbor Bank of Maryland, is a Community Development Financial Institution that provides capital solutions, technical assistance to small businesses and startups, and financial literacy. Read More
JPMorganChase is growing its Maryland-area Virtual Call Center, creating 40 jobs to support career opportunities for military spouses and deepening its 130-year presence in Greater Baltimore. Read More
Through JPMorganChase’s virtual call center in Baltimore, Salleia Johnson found a pathway to a brighter future for herself, her family, and her community. The firm partnered with the Baltimore City Mayor’s Office of Employment Development to connect jobseekers with full time, home based roles, creating meaningful employment opportunities across the city. “For me, it’s about not accepting the bare minimum,” Johnson said. “It’s amazing to have these opportunities to grow my career right here in Baltimore.” Read More
JPMorganChase is helping expand access to meaningful careers in Baltimore with a $2 million philanthropic investment. The funding supports the Maryland Philanthropy Network’s initiative to create and grow career pathways for residents, opening doors to greater economic opportunities across the city. Read More
In 2023, The Bank of America Charitable Foundation provided a $20,000 grant to The Light House in Annapolis. The grant supports The Light House’s homelessness prevention and support services as the organization continues to serve an increased number of individuals and families in its community. Read More
Bank of America announced it will expand its financial center network into nine new markets by 2026, bringing banking, investing, retirement, lending and small business services and solutions to more clients and communities. The bank will open five financial centers in Louisville starting in 2024. Read More
In 2023, the City of Richmond issued over $22 million in municipal bonds, underwritten by JPMorganChase, to finance the clearing and excavation of land for the planned Richmond Regional Sports Complex.
In 2023, the Garrard County School District Finance corporation issued $31.9 million in municipal bonds, underwritten by Wells Fargo, to finance Phase III of construction of Garrard County High School.
Bank of America invested $30,000 in Workforce Alliance of South-Central Kansas’ Youth Employment Project. This grant assists young professionals in finding their first job or work experience opportunity. Since 2017, the bank has provided $340,000 in grants to Workforce Alliance of South-Central Kansas to ensure that Wichita youth are work-force ready. Read More
In 2023, Bank of America awarded a $5 million grant to the construction of the Emporia State University Nursing and Student Wellness Building. The funding helps expand opportunities for future students interested in pursuing nursing and it also supports the needs of many communities in Kansas where there are shortages of nursing personnel. Read More
Wells Fargo granted $92,000 to the Cedar Rapids-based Junior Achievement of Eastern Iowa in support of its local youth financial literacy programs. The grant supports hands-on learning programs that teach students foundational money management skills. Read More
In 2024, the College Community School District issued $40 million in municipal bonds, underwritten by Wells Fargo, to finance facility renovations at the district’s 500-acre conglomerate campus. A swimming pool and wellness center will be built at Prairie High School, along with a new concession stand and ticket booth for the school’s football stadium. Improvements at the 9th Grade Center will include general remodels and repairs, expanded wrestling practice rooms, and conversion of extra gym space into an indoor batting facility.
In 2024, the Des Moines Metropolitan Wastewater Reclamation Authority issued over $25 million in municipal bonds, underwritten by BNY. The bonds fund improvements to the wastewater system’s site access, facility security, boilers and heat loops, switchgears and transformers, and flow monitoring technology.
In 2024, Polk County issued $112.2 million in municipal bonds, underwritten by JPMorganChase and Wells Fargo, to fund various improvements at Des Moines International Airport. New construction will include a main terminal, six airline gates, and a car rental facility. Projects will also involve extending and remodeling the passenger check-in area, TSA security area, baggage handling system, and terminal roadways.
In 2023, the University of Iowa Facilities Corporation issued $28.7 million in municipal bonds, underwritten by Morgan Stanley. The bonds go toward constructing and equipping a new, 230,000-square-foot academic building that will serve the departments of Communication Sciences and Disorders, Health and Human Physiology, and Physical Therapy and Rehabilitation Sciences.
Citi provided portfolio financing of $131 million to finance the acquisition and rehab of 995 affordable housing units on three islands. Once renovations are complete the affordability of the five developments will be preserved and the residents will have access to onsite education and counseling services to help them maintain financial stability. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Atlanta. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
State Street partnered with Citizens Trust Bank, an Atlanta-based Minority Depository Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “In a rapidly changing and interconnected world, forming and nurturing partnerships is crucial. We appreciate State Street Bank’s partnership with Citizens Trust Bank in providing financial access to all communities,” said Cynthia N. Day, President and CEO of Citizens Trust Bank. Read More
JPMorgan Chase awarded a $2 million grant to the Atlanta Neighborhood Development Partnership to support its initiative to transform investor-owned properties into affordable housing. The program aims to provide low- to moderate-income neighborhoods with access to affordable rental and homeownership opportunities. Read More
JPMorganChase granted $500,000 to the Westside Future Fund to support its initiative to revitalize Atlanta’s historic Westside. Read More
State Street partnered with Carver State Bank, a Savannah-based Minority Depository Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “State Street Bank’s deposit commitment will have a meaningful long-term impact in the underserved communities where our bank does business,” said Robert E. James, II, President and CEO of Carver State Bank. Read More
JPMorganChase announced $9.6 million in philanthropic commitments to organizations that help preserve homeownership by addressing heirs’ property issues, appraisal bias and the undervaluation of homes. The Federation of Southern Cooperatives, an East Point-based rural economic development organization, received $150,000 to expand legal assistance to rural homeowners in the Southeast. Read More
Wells Fargo, in partnership with the Military Warriors Support Foundation and Mungo Homes, has honored a combat-wounded veteran by providing a brand-new, mortgage-free home in Ludowici. This initiative is part of Wells Fargo’s ongoing commitment to supporting veterans and their families. Read More
In 2023, the Delaware State Housing Authority issued over $43.3 million in municipal bonds, partially underwritten by JPMorganChase, to fund the purchase and renovation of Luther Towers into low- and moderate-income multifamily housing. Improvements to the rental units include fresh paint, replaced flooring, energy-efficient lighting, and updated appliances. Communal amenities, like the laundry room, fitness center, computer lab, and health and wellness center, are also being renovated.
In 2024, the Delaware River and Bay Authority issued $155.8 million in municipal bonds, partially underwritten by JPMorganChase, to finance maintenance and upgrades to the Delaware Memorial Bridge. Improvements will include ship collision protection, deck replacement, and steelwork repairs.
In 2024, the State of Delaware issued $290 million in municipal bonds, underwritten by Morgan Stanley, to support various obligations of the state, including public education, social services, the correctional system, and road and highway maintenance.
In 2024, the Delaware River and Bay Authority issued $155.8 million in municipal bonds, partially underwritten by JPMorganChase, to finance improvements to the Cape May-Lewes Ferry. The project involves installing centralized corridors for the Cape May and Lewes terminals, rehabilitating the Cape May approach roads, and repairing vessels.
In 2024, Wells Fargo employees partnered with the Food Bank of Delaware to weed the field plot and plant peppers on their Newark farm. Most of the produce is distributed through the Food Bank’s Healthy Pantry Center for those seeking food assistance. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Washington, D.C. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In 2023, JPMorganChase invested $10 million in New Markets Tax Credits to support the Whitman-Walker Clinic in Washington, D.C. This funding helped build the Max Robinson Center, which includes clinical trials, research studies, dental suites, a community pharmacy, and mental health care. Read More
In 2023, Wells Fargo provided a $125,000 grant to the Stamford-based Women’s Business Development Council in support of its Launch Pad Grant Program. The program helps women entrepreneurs launch businesses with $2,500 grants for start-up costs. Read More
Wells Fargo partnered with the Junior Achievement of Greater Fairfield County (JAGFC) to help increase financial education and programming for underserved youth. Support from Wells Fargo helped JAGFC expand its financial literacy training and programs for students across the greater Fairfield County area. Read More
In 2024, Wells Fargo awarded $75,000 to Mercy Mountain Plains to support home improvements across three affordable housing communities in Colorado. One of the neighborhoods benefiting from this funding is Springfield Court, located in Fort Collins. “We are incredibly grateful for this generous grant, which will allow us to expand our efforts and make an even greater impact in the communities we serve,” said Mercy Housing Mountain Plains President, Shelly Marquez. Read More
Wells Fargo proudly supports the Boys and Girls Clubs of Larimer County’s Money Matters program, which fosters financial responsibility and independence among Club members. With Wells Fargo’s support, young participants are gaining essential financial literacy skills to help them build strong, secure financial futures. Read More
In 2024, Wells Fargo awarded $75,000 to Mercy Mountain Plains to support home improvements across three affordable housing communities in Colorado. The neighborhoods benefiting from this funding are Francis Heights and Grace Apartments, both in Denver. “We are incredibly grateful for this generous grant, which will allow us to expand our efforts and make an even greater impact in the communities we serve,” said Mercy Housing Mountain Plains President, Shelly Marquez. Read More
In 2024, the Wells Fargo Foundation awarded a $100,000 grant to Access Mode, a leading organization committed to empowering aspiring entrepreneurs through essential resources, mentorship, and funding opportunities. This grant supports Access Mode’s flagship program, which connects entrepreneurs with investors and provides a platform to pitch their business ideas and accelerate growth. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including San Francisco. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
The Citi Foundation announced its latest cohort of Community Progress Makers, an initiative that expands the impact of community organizations through unrestricted, trust-based funding. MyPath, a San Francisco-based recipient, will receive $1 million over three years to advance its financial mentoring services to low-income youth and young adults. Read More
Bank of America provided funding to San Francisco General Hospital’s Transform Mental and Behavioral Health Fund, an initiative to deliver mental health and addiction care to hard-to-reach populations. “Bank of America’s shared commitment to equity brings critical support to our mission of supporting excellence in patient care at our city’s only public hospital,” said San Francisco General Hospital Foundation CEO Kim Meredith. Read More
In 2023, JPMorganChase committed $25,000 to SF New Deal’s “Vacant to Vibrant” program, which repurposes previously vacant storefronts in downtown San Francisco for use by small businesses, artists, and cultural organizations. Read More
JPMorganChase has committed $3.8 million in philanthropic support to help revitalize San Francisco’s downtown economy. The investment aims to fuel small business growth, attract both residents and visitors back to the area, and restore the vibrancy of the city’s streets. Read More
Wells Fargo donated $250,000 to the United Way Bay Area to strengthen financial empowerment and community resilience through its network of SparkPoint Centers. These centers offer free services such as one-on-one financial coaching, tax preparation, and credit counseling across the San Francisco Bay Area. “Thank you to Wells Fargo for investing in this important community programming, which helps create healthier financial habits and lays the foundation for people to achieve economic security,” said Keisha Browder, CEO of United Way Bay Area. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Los Angeles. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In response to the wildfires that impacted the Los Angeles community, Bank of America contributed $500,000 to the L.A. Area Chamber of Commerce to support small businesses and an additional $500,000 to the Los Angeles Regional Food Bank to provide immediate food and essentials. Read More
BNY’s Los Angeles employees volunteered at A Place Called Home, a nonprofit dedicated to empowering underserved youth. Volunteers prepared 300 care packages for individuals and families facing food insecurity and other challenges. Read More
Bank of America’s Sports with Us Clinic in Los Angeles teamed up with the Boys & Girls Club, the Dodgers, and local groups to give young athletes a day of hands-on training—plus a boost in financial skills like budgeting and resilience. Read More
The Citi Foundation announced its latest cohort of Community Progress Makers, an initiative that expands the impact of community organizations through unrestricted, trust-based funding. Neighborhood Partnership Housing Services, a Rancho Cucamonga-based recipient, will receive $1 million over three years to advance its innovative affordable housing and financial solutions to underserved families and communities. Read More
In 2023, Morgan Stanley financed the acquisition and renovation of Terra Linda-Northview, a family housing property in San Rafael, as part of the firm’s affordable housing preservation initiatives. This renovation is a naturally occurring affordable housing property with rents priced at affordable rates to tenants earning less than 70% of the area’s median income. Read More
Since 2011, Bank of America has supported 10,000 Degrees, a San Francisco-based organization dedicated to helping students from low-income backgrounds enroll in and graduate from college. Bank of America funded a pilot program to help 10,000 Degrees graduates with resume preparation, guidance on internships, and advice on networking. Read More
JobTrain gives people from low-income communities across Silicon Valley the education, skills, and real-world experience needed to create long successful careers. Funding from Bank of America helped expand JobTrain’s career training programs and job placement services. Read More
Citi provided a $29.44 million construction loan and a $7.15 million permanent loan for Casa Paloma, a 71-unit affordable housing apartment complex in Orange County. Additionally, 48 of the units are reserved as permanent supportive housing for formerly homeless tenants. Read More
In 2024, Wells Fargo helped finance the Mitchell Park Place project, a mixed-use development that provides office space for public social services and 50 high-quality affordable housing units for lower-income households, including special needs housing for individuals with developmental disabilities. Read More
In 2024, JPMorganChase partnered with Via Programs to support its Exploring Social Innovation program, which brought together a cohort of 12 to 20 students for a 10-day initiative that examined social challenges and innovative solutions. The selected cohort presented at the JPMorganChase Center in Palo Alto and had the opportunity to meet with the firm’s leadership team to discuss career insights. Read More
JPMorganChase’s Community Development Banking provided $89.8 million in construction loans and $55.7 million in Low-Income Housing Tax Credit investments to develop 47 affordable housing units in Casa Sueños, a 181-unit affordable housing community. Read More
Bank of America partnered with Youth on Course to make golf more affordable for young players nationwide. “This relationship immediately grows our footprint and will allow us to invest in new communities across the country, ultimately serving more youth both on and off the course,” said Youth on Course CEO Adam Heieck. Read More
Wells Fargo partnered with Operation HOPE to provide financial relief and recovery services to residents and small businesses affected by the Los Angeles area wildfires. As part of the effort, the firm launched Project Restore HOPE pop up branches, including one in La Canada, to offer dedicated disaster recovery support. Read More
Wells Fargo partnered with Operation HOPE to provide financial relief and recovery services to residents and small businesses affected by the Los Angeles area wildfires. As part of the effort, the firm launched Project Restore HOPE pop up branches, including one in Montrose, to offer dedicated disaster recovery support. Read More
Wells Fargo partnered with Operation HOPE to provide financial relief and recovery services to residents and small businesses affected by the Los Angeles area wildfires. As part of the effort, the firm launched Project Restore HOPE pop up branches, including one in Hastings Ranch, to offer dedicated disaster recovery support. Read More
Wells Fargo partnered with Operation HOPE to expand access to financial education workshops and one-on-one coaching for small business owners in Baldwin Hills. “Strategic partnerships are the backbone of community transformation and Wells Fargo has been with us since the beginning. We are deeply grateful for their commitment to increasing economic inclusion by expanding our HOPE Inside for Small Business footprint,” said John Hope Bryant, founder, Chairman and CEO, Operation HOPE. Read More
Wells Fargo donated $1 million to the United Ways of California to advance financial empowerment and community resiliency programs across 12 regional United Ways, serving more than 30 counties statewide. This grant supports initiatives that help low-income Californians build wealth through locally tailored projects designed to meet the unique needs of each community. Read More
In 2023, the Arkansas Development Finance Authority issued $240 million in municipal bonds, partially underwritten by Bank of America, Wells Fargo, Citi, Goldman Sachs, JPMorganChase, and Morgan Stanley. The bonds finance the construction, development, and installation of two electric arc furnaces and other upgraded equipment at a United States Steel Corporation solid waste disposal facility. Proceeds of the bonds also support the construction of U.S. Steel’s Big River Steel facility, which has been designed to refine and process scrap steel in a sustainable way to reduce greenhouse gas emissions.
In 2023, the Board of Trustees of the University of Arkansas issued over $13.7 million in municipal bonds, partially underwritten by JPMorganChase, to finance energy conservation improvements across the university’s Little Rock campus. Improvement projects include construction of a new self-generation energy plant, upgrading the electrical distribution system, installing refitted interior lighting, and updating HVAC systems.
In 2024, the Arkansas Natural Resources Commission issued $17 million in municipal bonds, underwritten by Wells Fargo, to develop waste disposal, water pollution control, wetlands resources, and drainage and irrigation projects.
In 2023, the Hot Springs School District issued $25.6 million in municipal bonds, underwritten by Bank of America, to refurbish school buildings and build a new high school.
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Phoenix. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In 2023, Citi collaborated with YWCA Southern Arizona, a non-profit dedicated to economic security for women and families in Southern Arizona through small business, career advancement, leadership, wellness and other programs. Citi’s Tucson employees donated over 150 articles of clothing and accessories to Your Sister’s Closet, a YWCA program that provides professional/business casual clothing for unemployed and unhoused women. Read More
Citi acted as lead advisor on behalf of The West Virginia Economic Development Authority as the authority issued $54 million of bonds to finance the cost of constructing, improving, and maintaining the state parks within West Virginia.
In 2023, the West Virginia Economic Development Authority issued over $70 million in municipal bonds, underwritten entirely by Bank of America. The bonds aid in financing construction costs for a 418-unit student housing complex and a 123,850-square-foot recreation and wellness center at Marshall University.
In 2023, the West Virginia Hospital Finance Authority issued $285.9 million in municipal bonds, partially underwritten by Bank of America, to finance renovation projects at several locations within the West Virginia University Health System. One of these projects is a two-story addition to Jackson General Hospital that will include a new emergency department, a surgical department, two operating suites and procedure rooms, and a floor of private rooms for inpatients.
A $20,000 grant to Couleecap, Inc. by Wells Fargo in Westby is providing critical bill payment assistance for small business owners and their workers within the Coulee Region. The goal is to offer support to small businesses whose employees are struggling with payroll assistance for sick and medical leave and the cost of rent. Small businesses’ most emergent needs will be determined, and awards will be given for critical needs. All participants will be referred to government programs, and they will receive information on emergency and unemployment budgeting to help them determine how other public resources can be used to free up cash for critical bills. Read More
In 2023, the City of Milwaukee issued $62 million in municipal bonds, underwritten by Morgan Stanley, to allow the city to increase its annual contribution to its Employes’ Retirement System.
In 2023, Milwaukee County issued $37.4 million in municipal bonds, underwritten by Citi, to support operations of the county’s airport system. The system includes Milwaukee Mitchell International Airport, Wisconsin’s largest and busiest airport.
In 2024, the Milwaukee Area Technical College District issued $1.5 million in municipal bonds, underwritten by BNY. The bonds finance renovations and remodeling of the college’s buildings, projects that are part of the district’s 2023-2024 improvement program.
In 2023, the Milwaukee Metropolitan Sewerage District issued $62 million in municipal bonds, underwritten by Citi, to finance the acquisition, leasing, design, construction, renovation and improvement of land, water, property, highways, buildings and equipment involved with the city’s sewerage system.
In 2023, Citi Community Capital provided a $61.85 million construction loan and a $32.55 million permanent loan for the financing of the construction of Cedar Crossing, a mixed-income housing property. The 254-unit apartment complex reserves units for tenants with incomes ranging from 30% to 60% of the Area Median Income. Read More
JPMorganChase provided philanthropic capital to Champlain Housing Trust, a Burlington-based community land trust. The funding helps Vermont residents overcome housing barriers through homebuying education, financial health education and coaching. Read More
In 2024, the City of North Charleston issued $29.4 million in municipal bonds, underwritten by Wells Fargo, to finance construction involved in the Ingleside Community Redevelopment Project. The project includes improvements to roads, traffic controls, street lighting, sidewalks, parks and recreation facilities, and construction of a new fire station.
In 2024, Dorchester County issued over $13 million in municipal bonds, underwritten by Wells Fargo, to finance a variety of infrastructure purchases and construction costs for the Oakbrook Redevelopment Project. A portion of the bonds are being used to fund renovations at Oakbrook Elementary School.
In 2024, Dorchester County issued over $13 million in municipal bonds, underwritten by Wells Fargo, to finance a variety of infrastructure purchase and construction costs for the Oakbrook Redevelopment Project. A portion of the bonds will fund renovations at Oakbrook Middle School.
In 2023, the Charleston County School District issued $40 million in municipal bonds, underwritten by Bank of America. A portion of the bonds finance the designing, constructing, and equipping of a replacement A.C. Corcoran Elementary School.
In 2023, the Charleston County School District issued $40 million in municipal bonds, underwritten by Bank of America, to support the designing, constructing, and equipping of a replacement Morningside Middle School.
In 2023, the Charleston County School District issued $40 million in municipal bonds, underwritten by Bank of America. A portion of the bonds are dedicated to funding construction to expand Deer Park Middle School.
In 2023, the Charleston County School District issued $40 million in municipal bonds, underwritten by Bank of America, to support the purchase of land near Midland Park Primary School.
In 2023, the Charleston Educational Excellence Financing Corporation issued $141.6 million in municipal bonds, underwritten by Wells Fargo, to partially refund a previous series of bonds that financed the acquisition, construction, renovation, and expansion of educational facilities in the Charleston County School District.
In 2024, Dorchester County issued over $13 million in municipal bonds, underwritten by Wells Fargo, to finance a variety of infrastructure purchases and construction costs for the Oakbrook Redevelopment Project. Plans include improvements to stormwater systems, water and sewer utilities, street lighting, bicycle trials, pedestrian paths and crosswalks, vegetative buffers, and landscaped medians. Improvements also include renovation and construction of public environmental, cultural, and recreational facilities.
In 2023, Dorchester County issued $18.9 million in municipal bonds, underwritten by Wells Fargo, to support roadway improvements and to fund the purchase, construction, and equipping of a 4,800 square-foot fire and EMS station.
In 2023, Dorchester County issued $28.2 million in municipal bonds, underwritten by Wells Fargo, to finance a series of upgrades to the county’s water and sewer system.
In 2024, the Clark County School District issued $200 million in municipal bonds, underwritten by JPMorganChase, to obtain, construct, renovate, and equip school facilities.
In 2024, Clark County issued $150.9 million in municipal bonds, partially underwritten by Bank of America and Wells Fargo. The bonds finance extensions, replacements, and repairs to the county’s airport system.
In 2023, Clark County issued $43.7 million in municipal bonds, underwritten by Morgan Stanley, to upgrade and equip a fire station and fire training center.
In 2023, Clark County issued $200 million in municipal bonds, underwritten by JPMorganChase. The bonds support the Regional Transportation Commission of Southern Nevada in financing construction for major streets and highways.
In 2023, the Nye County School District issued $25.6 million in municipal bonds, underwritten by BNY, to fund the acquisition, construction, improvement, and equipping of school facilities.
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Boston and Northern Massachusetts. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
The Bank of America Boston Marathon Official Charity Program raised $45.7 million, contributing to the marathon’s record total of $71.9 million in charitable funds raised in 2024. The funds went toward nearly 160 non-profit organizations in the Greater Boston community. Read More
Bank of America provided funding to Inquilinos Boricuas en Acción (IBA), a Boston-based nonprofit, which offers residents the chance to reach their financial goals, increase their credit and build assets. “The ability of IBA to deliver on its mission would not have been possible without the generosity, partnership and investment of Bank of America,” said IBA Chief Executive Officer Vanessa Calderón-Rosado. Read More
State Street employees volunteered at the Pine Street Inn, a nonprofit supporting homeless individuals in Greater Boston, and prepared nearly 4,000 meals. Read More
The Bank of America Sports with Us Clinic partnered with the Boston Athletic Association, the Patriots, and other local sports organizations to provide young athletes with a unique experience combining sports training and financial education. The event encouraged healthier lifestyles while helping participants build essential life skills like physical wellness, resilience, and money management. Read More
Bank of America has set a new fundraising milestone, generating $50.4 million for charitable causes through its involvement in the 2025 Boston Marathon. This achievement brings the company’s total charitable contributions through the event to over $600 million since 1989. Read More
In 2024, the City of Holyoke issued $9.3 million in municipal bonds, underwritten by BNY. The bonds finance a variety of local utility renovations, including sidewalk and road improvements, new traffic signals, and water main replacement.
In 2024, the City of Springfield issued $3.8 million in municipal bonds, underwritten by BNY, to finance a variety of public projects, one of which includes the construction of a new clubhouse at the Veterans Memorial Golf Course.
In 2024, the City of Springfield issued $3.8 million in municipal bonds, underwritten by BNY, to finance a variety of public projects, one of which involves constructing a new clubhouse at the Franconia Golf Course.
In 2024, the City of Springfield issued $3.8 million in municipal bonds, underwritten by BNY, to finance a variety of public projects, including the construction of a grandstand at the Walker Building.
In 2024, the City of Springfield issued $3.8 million in municipal bonds, underwritten by BNY, to finance a variety of public projects, including renovations to the Cyr Skating Arena.
In 2024, the Town of Southbridge issued $6 million in municipal bonds, underwritten by BNY, to finance a fire station, road paving, and West Main Street sewer and water improvements.
State Street partnered with Leader Bank, an Arlington-based Minority Depository Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “We are honored to be partnering with State Street Bank and appreciate its ongoing commitment to supporting our broader mission to offer our clients creative financial products and customized solutions that allow them to achieve financial prosperity for themselves, their families, and their businesses,” said Sushil K. Tuli, chairman and chief executive officer of Leader Bank. Read More
The family-owned marine transportation operator, Canal Barge Company, is an integral partner in the New Orleans business base. President and CEO of Canal Barge Company, Merritt Lane III, recognized Chase bank as a valuable part of the company’s business and industry. “The bank, and its predecessors, has been our agent since the 1950s, collaborating and brainstorming with us. We have a relationship built on trust, local and mariner knowledge, and community,” Lane says. Read More
Bank of America will open five financial centers in New Orleans in 2025, bringing banking, investing, retirement, lending and small business services and solutions to more clients and communities. By expanding its retail footprint in the area, Bank of America is building on the $62 million in loans to small businesses and $1 billion to commercial business clients in the New Orleans/Baton Rouge area. Since 2018, the firm has invested nearly $550,000 in New Orleans/Baton Rouge through grants to local nonprofits, employee matching gifts and scholarship programs. Read More
State Street partnered with Liberty Bank, a New Orleans-Based Community Development Financial Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “This partnership will help address community inequities and advance our financial inclusion and economic empowerment mission at Liberty Bank,” said Todd McDonald, president of Liberty Bank and Trust Company. Read More
In 2023, Wells Fargo donated $10,000 to Outstanding Mature Girlz, a nonprofit organization committed to mentoring and teaching life skills to girls, as well as promoting community service in the Baton Rouge area. Read More
As part of Bank of America’s $1.25 billion, five-year commitment to advance equality and economic opportunity, the bank is supporting the Hawthorne Community Center, an organization that works to lift families by providing workforce skills training to parents and academic assistance to children in Indianapolis. Through its 2Gen initiative, the program provides early childhood education, job training, economic assistance, and a monthly food pantry for families struggling to cover basic living expenses. Read More
In 2023, Bank of America awarded a $200,000 grant to the Community Alliance of the Far East Side (CAFE), an Indianapolis-based community development organization. The grant helped revitalize CAFE’s after-school program that was inactive for 10 years. In addition, the funding supports CAFE’s day-to-day operations, staff salaries and additional events and programming for the kids they serve. Read More
In 2024, Wells Fargo partnered with Habitat for Humanity of Greater Fort Wayne to install exterior wall coverings on homes in the community. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Chicago. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
JPMorganChase announced its renovation plans for Chase Tower in Chicago. The project creates 970 local construction jobs – generating additional economic activity of $264 million for Cook County. Read More
The Wells Fargo Foundation provided a $500,000 grant to Neighborhood Housing Services of Chicago, Inc. (NHS) in support of its Chicago flats initiative. The goals of the initiative are to preserve and rehab two- and four-unit flats, maintain rental affordability, and help homeowners build wealth. The grant will help NHS connect homeowners and renters to available mortgage and rental assistance programs. Read More
In 2023, JPMorganChase helped local developer, Carlos Nelson, build a health and community center in Auburn Gresham. The Auburn Gresham Healthy Lifestyle Hub (HLH) houses medical facilities, restaurants, pharmacies, and provides a space for community members to convene. Through the New Markets Tax Credit initiative, JPMorganChase supported the $18 million project by providing a $14.5 million equity investment. Read More
In 2023, JPMorganChase announced a $7.2 million philanthropic commitment to The Resurrection Project (TRP), an organization focused on transforming abandoned lots into affordable housing and hosting workshops on how to build credit and buy property. This commitment helps TRP with building or preserving more than 150 affordable housing residences throughout the Chicago area over the next three years. The funding also supports financial education programs and provides lending solutions for both first-time homebuyers and long-term homeowners. Read More
JPMorganChase committed $650,000 to HIRE360, a Chicago-based organization that works across unions, apprenticeship schools, and construction industry firms to align job opportunities with eligible workers. The funding supports HIRE360’s job training center in the city’s South Loop, connecting women, veterans and underrepresented groups to good-paying careers in over 30 skilled trades. Read More
Bank of America announced it will expand its financial center network into nine new markets by 2026, bringing banking, investing, retirement, lending and small business services and solutions to more clients and communities. The bank plans to open four financial centers in Boise in 2024. Read More
Wells Fargo sponsored the Avenues for Hope Challenge by the Home Partnership Foundation in Idaho, supporting organizations that provide housing and services to those in need. In 2024, Wells Fargo contributed $375,000 in matching funds, helping raise a total of $501,000 for 20 nonprofits. Read More
JPMorganChase provided a $6.4 million New Markets Tax Credit investment to build Desert Sage Health Centers’ new facility in Mountain Home. The center provides one-stop primary healthcare services for Elmore County’s 28,000 residents, many of whom work in agriculture and hold multiple jobs. “When we were planning for the new building—it was the spirit everyone had at JPMorganChase that made the difference,” CEO of Desert Sage Health Centers Mary Ferguson said. “You could tell this project is purposeful. It’s not just a transaction.” Read More
Bank of America announced plans to open more than 150 financial centers across 60 markets by the end of 2027. In 2025, the bank will open four new financial centers in Idaho, starting with the first location in Nampa. Read More
Citi provided $75.25 million to finance the construction of three phases of Summer Town Estates, the first affordable housing community for seniors built in Guam in over 30 years and the first private affordable senior housing community in Guam ever. Totaling 399 units, the homes will be reserved for families and seniors earning no more than 60% of the area median income. The development also helps meet the demand for housing for people with special needs, with 20% of the homes set aside for residents with vision, hearing, and mobility impairments.
In 2022, the city of Melbourne issued $35 million in municipal bonds, underwritten by Citi. The bonds will be used for financing the property acquisition, design, construction, and equipping of a new police headquarters facility within the city.
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Miami. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In 2023, Citi collaborated with International Finance Bank (IFB), a Miami-based Minority Depository Institution. Through Citi Community Capital, Citi worked with IFB on affordable housing deals, leading to greater economic opportunity for low-income communities. Read More
The Citi Foundation announced its latest cohort of Community Progress Makers, an initiative that expands the impact of community organizations through unrestricted, trust-based funding. Branches, a Miami-Dade County-based recipient, will receive $1 million over three years to advance its financial wellness services and academic programs to low-income students and families. Read More
In 2024, Wells Fargo partnered with the Miami-Dade County’s Office of Innovation and Economic Development to launch the Strive305 Hub, an all-in-one resource platform designed to help small business owners connect with essential resources, community partners, and growth opportunities. Read More
With support from the Wells Fargo Foundation, the Business and Leadership Institute for Early Learning is empowering childcare providers in underserved Miami communities—like the Carter Academy—with the tools and training to build strong, sustainable businesses. Read More
In 2023, Wells Fargo donated $500,000 to Volunteer Florida’s Florida Disaster Fund to aid in the aftermath of Hurricane Idalia and the emergency response, including shelter, supply, and services for those displaced. “We are grateful for Volunteer Florida’s leadership in local relief efforts and its ability to offer essential services in the wake of the devastation. Our donation is aimed at expanding its capacity to reach those who need it most,” said Wells Fargo CEO Charles Scharf. Read More
In 2024, the City of Cape Coral issued $17.6 million in municipal bonds, underwritten by Wells Fargo, to finance the acquisition, construction and equipping of various park and recreational improvements in the city.
In 2023, the City of Cape Coral issued $138 million in municipal bonds, partially underwritten by Morgan Stanley, Bank of America and Citi, to fund the improvement of various utilities, including the development and construction of potable water, wastewater, and irrigation water systems within the North 1 West Area.
In 2024, the Collier County Industrial Development Authority issued $200 million in municipal bonds, partially underwritten by JPMorganChase, to finance the design, construction and equipping of medical facilities at several locations of the NCH Healthcare System. These specialized facilities include a 200,000-square-foot cardiac and vascular center and a three-story orthopedic care and surgery center.
In 2023, the City of Fort Myers issued $139 million in municipal bonds, partially underwritten by Bank of America. The bonds support improvements to the city’s utility system, which includes facilities for wastewater, irrigation, reclaimed water, and sewage treatment.
In 2023, Manatee County issued over $190 million in municipal bonds, partially underwritten by Bank of America, JPMorganChase and Wells Fargo. The bonds support improvements, extensions, and additions to the county’s utilities system.
In 2023, Manatee County issued $175 million in municipal bonds, partially underwritten by Bank of America and Wells Fargo. The bonds finance projects to improve the county’s transportation, parks and recreation, and fleet and warehouse facilities.
In 2023, Hillsborough County issued $53.4 million in municipal bonds, underwritten by Bank of America, to finance the obtainment, preservation, and restoration of environmentally vulnerable sites.
In 2024, Wells Fargo awarded a $300,000 grant to Space Coast Habitat for Humanity and Macedonia CDC to support the construction, appliances, and furnishings for two affordable housing units. Read More
In 2024, JPMorganChase awarded a $500,000 grant to CareerSource Central Florida to strengthen Osceola County’s semiconductor industry. The funding also supports the organization’s goal of training 100 individuals by the end of 2026. “CareerSource Central Florida is honored to receive this grant from JPMorganChase to support the advancement of workforce development for the semiconductor industry,” said Pamela Nabors, President and CEO of CareerSource Central Florida. Read More
The Wells Fargo Military Home Donation Program provided a mortgage-free condo to the widow of a U.S. Army sergeant who lost his life in action. Read More
In 2023, the Alaska Municipal Bond Bank issued $86.5 million in municipal bonds, partially underwritten by Wells Fargo. Over $50.3 million of the issuance is going toward improving educational facilities borough-wide and constructing a new Central Emergency Services station on the Kenai Peninsula.
In 2023, the Alaska Municipal Bond Bank issued $86.5 million in municipal bonds, partially underwritten by Wells Fargo. $10 million of the bonds support construction costs for a new recreational field house in the City of Soldotna.
In 2023, the Alaska Municipal Bond Bank issued $86.5 million in municipal bonds, partially underwritten by Wells Fargo. A portion of the funds support construction and equipment costs for renovations at Evergreen Elementary School, Stikine Middle School, and Wrangell High School.
Bank of America announced it will expand its financial center network into nine new markets by 2026, bringing banking, investing, retirement, lending and small business services and solutions to more clients and communities. The bank will open its first financial center in Birmingham in 2024, with plans to open five by the end of 2026. Read More
In 2023, The Wells Fargo Foundation and Enterprise Community Partners awarded $3 million to BuildUp, a Birmingham-based community school that offers paid internships and industry-aligned coursework to low-income high school students. The three-year grant helps BuildUp expand to new sites in Alabama and expand its house donation/relocation program. Read More
JPMorganChase has committed $2 million to launch the Alabama Capital Access Collaborative, a statewide initiative to help small businesses thrive. The program improves access to capital, supports entrepreneurs in running their businesses more efficiently, and provides technical assistance to local capital providers. A cohort of Birmingham-based lenders, including the Birmingham Business Resource Center, will participate in the effort. Read More
JPMorganChase has committed $2 million to launch the Alabama Capital Access Collaborative, a statewide initiative to help small businesses thrive. The program improves access to capital, supports entrepreneurs in running their businesses more efficiently, and provides technical assistance to local capital providers. A cohort of Birmingham-based lenders, including Bronze Valley, will participate in the effort. Read More
In 2023, Wells Fargo sponsored the Alabama Legal Food Frenzy, a statewide competition among law firms and legal organizations to support Alabama’s regional food banks. Wells Fargo donated $20,000, which helped provide nearly 350,000 meals to food insecure people in the state. Read More
JPMorganChase has committed $2 million to launch the Alabama Capital Access Collaborative, a statewide initiative to help small businesses thrive. The program improves access to capital, supports entrepreneurs in running their businesses more efficiently, and provides technical assistance to local capital providers. A Mobile-based lender, Commonwealth National Bank, will participate in the effort. Read More
JPMorganChase has committed $2 million to launch the Alabama Capital Access Collaborative, a statewide initiative to help small businesses thrive. The program improves access to capital, supports entrepreneurs in running their businesses more efficiently, and provides technical assistance to local capital providers. A Huntsville-based lender, Neighborhood Concepts, will participate in the effort. Read More
In 2023, the Wyoming Community Development Authority issued $153.5 million in municipal bonds, partially underwritten by Bank of America, to finance and refinance loans supporting the state’s Single Family Mortgage Program.
Citi donated over $6.6 million in support of education-focused non-profit organizations as part of its “e for education” campaign. The selected non-profit organizations focus on tackling childhood illiteracy and improving access to quality education. One recipient is Reston-based Fallen Patriots, an organization dedicated to educating children who have lost a parent in the U.S. military. Read More
The Citi Foundation announced its latest cohort of Community Progress Makers, an initiative that expands the impact of community organizations through unrestricted, trust-based funding. Community Lodgings, an Alexandria-based recipient, will receive $1 million over three years to advance its programs that lift low-income families from homelessness and housing instability, including transitional housing, affordable housing, and youth education. Read More
In 2024, the City of Alexandria, Virginia, Sanitation Authority issued $45.7 million in municipal bonds, partially underwritten by Wells Fargo, to fund multiple initiatives to upgrade the city’s sanitation systems. Initiatives include the Solids Upgrade Program, which will improve the handling, disposal, and reduce the volume of solids, the Preliminary and Primary System Upgrades Project to replace aging treatment systems, and the Tertiary Systems Upgrade Project, which will repair and replace filters, settling tanks, and chemical treatment systems.
In 2023, the City of Alexandria issued $246.6 million in municipal bonds, underwritten by Bank of America, to fund various public improvement projects, benefitting city parks and buildings, school facilities, the redevelopment of the Landmark Mall site, and the Washington Metropolitan Area Transit Authority.
Bank of America is providing a $35 million construction loan to help lower utility bills for residents of a new affordable housing development in Henrico County, known as The Helios. Funding from the bank is supporting the construction of on-site solar power generation that will significantly reduce utility and electric costs for residents. Read More
JPMorganChase has committed $780,000 in philanthropic capital to expand services for entrepreneurs in Richmond. This includes a $400,000 grant to the Metropolitan Business League to enhance access to Richmond’s free online resource hub—connecting small business owners with tools to grow and succeed. Read More
JPMorganChase has invested $780,000 in philanthropic capital to expand services for entrepreneurs in Richmond. This includes a $230,000 grant to Local Initiatives Support Corporation Virginia to assess and strengthen the tools entrepreneurs need to succeed. Read More
JPMorganChase has invested $780,000 in philanthropic capital to expand services for entrepreneurs in Richmond. This includes a $150,000 grant to the Virginia Hispanic Foundation to expand access to training and technical assistance, one-on-one mentoring, and access to capital for local small businesses. Read More
Bank of America awarded $200,000 to Arlington-based Kitchen of Purpose through its Neighborhood Builders Award. Kitchen of Purpose helps unemployed immigrants start culinary careers and businesses while promoting healthy lifestyles. Read More
Goldman Sachs partnered with Salt Lake Community College to provide an advanced education program for small business owners. For over a decade, the Goldman Sachs 10,000 Small Businesses program has helped entrepreneurs nationwide grow their businesses by offering a free, practical business training program, access to capital and personalized support services. Read More
Goldman Sachs celebrated the 1,000th graduate of its 10,000 Small Businesses program in Salt Lake City, in partnership with Salt Lake Community College. The 35th cohort included nearly 30 entrepreneurs. The local alumni represent over $2 billion in revenue and 24,000 jobs, highlighting the firm’s impact on regional economic growth. Read More
As part of its 25th anniversary in Salt Lake City, Goldman Sachs 10,000 Small Businesses celebrated a major milestone—its 1,000th program graduate in the city. “Goldman Sachs has been a key pillar in the Salt Lake community for 25 years, and10,000 Small Businesses has helped to equip entrepreneurs in the city with the tools they need to increase revenue, drive innovation and employ thousands of Utahns,” said Governor Spencer Cox. Read More
Bank of America awarded a $125,000 grant to St. Edward’s University to support low-income students. The university will use the funding to provide economic mobility and workforce development support, with a focus on building pathways for low-income students. Moreover, the funding will support mentoring programs. Read More
The Wells Fargo Foundation committed $500,000 in grant funding to Austin-based nonprofit Mobile Loaves & Fishes to build 3D-printed designs to serve the underhoused community. Read More
In response to the catastrophic flooding across Central Texas, JPMorganChase has committed $1 million in philanthropic support to aid relief and recovery efforts. The firm is also matching employee donations dollar-for-dollar to the Central Texas Food Bank. Read More
Wells Fargo has committed $1 million to support immediate relief and long-term recovery efforts following the tragic flooding in Texas. A portion of the funding will aid the Austin Disaster Relief Network, helping provide critical resources to affected communities. Read More
JPMorganChase supports the Cities for Financial Empowerment Fund’s CityStart Initiative in Dallas. This program creates a city-specific approach to offer mayors and their administration support in identifying financial empowerment goals, convening stakeholders for sustainable success, developing strategies, and crafting a plan for local insights and opportunities. Read More
Wells Fargo and JPMorgan partnered with Cities for Financial Empowerment to create Financial Empowerment Centers (FEC) offering professional, one-on-one financial counseling as a free public service to enable Dallas residents to address their financial challenges and needs as well as plan for their futures. Local governments offer FEC financial counseling as a free stand-alone public service, but also via integration into other social services including housing and foreclosure prevention services, workforce development, prisoner reentry, benefits access, domestic violence prevention, and more. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Dallas. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In 2023, JPMorganChase invested $6 million in philanthropic capital to The Real Estate Council (TREC), a commercial real estate organization focused on South Dallas neighborhoods that are vulnerable to rapid transition. TREC works to ensure more accessible homeownership for low-income families and that property remains in the hands of the community. Read More
In 2023, Goldman Sachs broke ground on its Dallas Campus, with the capacity to have more than 5,000 people employees working in its new building. The project also supported opportunities to work with small, diverse, and local talent as part of the firm’s supplier diversity goals. Read More
Founder of HD Waste & Recycling, Diana Martinez, expanded her two-truck waste management company into a multi-million-dollar business with help from JPMorganChase. In 2013, Martinez connected with a local analyst who helped her secure a loan to expand her fleet. Today, the company has 42 employees and over 30 trucks, serving thousands of clients across the Dallas-Fort Worth region. “I tell other women: It’s a lot of work. But you can do it if you put in the effort and have the right people to guide you,” Martinez says. Read More
Bank of America, Citi, JPMorganChase, and Wells Fargo offer Bank On certified accounts to improve the financial stability of unbanked and underbanked individuals in communities across the country, including Houston. Bank On coalitions are locally-led partnerships that work together to connect people to safe and affordable bank accounts, raise public awareness, target outreach to unbanked and underbanked, and expand access to financial education. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Houston. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including San Antonio. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In 2024, the City of San Antonio, Texas Education Facilities Corporation issued $67.2 million in municipal bonds, partially underwritten by Wells Fargo, to finance renovations to several facilities at Trinity University. Campus renovations will include the University’s Welcome Center, an event space building, and residence halls.
In 2023, the Bexar County Hospital District issued $188 million in municipal bonds, partially underwritten by JPMorganChase, for a variety of improvement projects to the University Health system. Projects include acquiring and reconstructing hospitals, medical offices, public health buildings, and purchasing the necessary technology and software to equip those facilities. Improvements also involve the construction of parking garages and the purchase of corresponding property, supplies, equipment, and machinery.
In 2024, the City of San Antonio issued $1.1 billion in municipal bonds, partially underwritten by Wells Fargo, to finance constructing, expanding, repairing, and maintaining the city’s electric and gas systems.
In response to the catastrophic flooding across Central Texas, JPMorganChase has committed $1 million in philanthropic support to aid relief and recovery efforts. The firm is also matching employee donations dollar-for-dollar to the Community Foundation of the Texas Hill Country. Read More
Twenty years ago, founder of natural skincare company FarmHouse Fresh, Shannon McLinden, was able to secure the financial flexibility FarmHouse Fresh needed to grow through JPMorganChase’s business credit line. “Having access to a credit line that grew with us really helped us take on more opportunities and risks and ultimately set up the business for success,” McLinden says. Now, the company is a thriving natural skincare business with $50 million in annual sales and almost 80 employees. The company also donates 10 percent or more of its profits to animal rescue organizations and to provide critical care for the farm animals at its sanctuary. Read More
Bank of America provided a grant to Project ARRIBA, Advanced Retraining and Redevelopment Initiative in Border Areas, which connects residents of El Paso with resources that can prepare them for higher education and train them for careers like health care, information technology, and more. Bank of America provided a grant that supports Project ARRIBA’s partnership with El Paso Community College, University of Texas at El Paso School of Nursing, and Texas Tech School of Nursing to train 425 women for jobs in healthcare. Read More
JPMorganChase has invested $3.75 million in the Tarrant To & Through Partnership to expand opportunities for Texas students. In 2023, the firm contributed $750,000 to fund the Pathways to Careers digital platform, which helps students explore careers and potential earnings. Read More
In response to the devastating flooding across Central Texas, Bank of America has pledged $1 million to support relief and recovery efforts. This includes a $250,000 donation to the Community Foundation of the Texas Hill Country, helping provide immediate aid and long-term recovery resources to affected communities. Read More
Wells Fargo continues its commitment to supporting veterans and their families. In partnership with Warriors Support, the firm provided a mortgage-free home in Alvarado to Retired U.S. Army Specialist Carl Reiher and his family. Read More
In 2023, Bank of America partnered with the Fogelman College of Business and Economics at the University of Memphis to launch the FCBE Career Fellows Program. This partnership supports the development of an innovative and strong pipeline of Black/African American graduates by engaging, educating, and effectively preparing Black/African American business students for professional success. Read More
In 2023, the Health and Educational Facilities Board issued over $145 million in municipal bonds, partially underwritten by Bank of America, to finance facility improvements and expansions at several Vanderbilt University Medical Centers. Projects include the construction of a tower at Vanderbilt University Hospital, which will hold 180 adult inpatient beds and 10 operating rooms.
In 2023, the Health and Educational Facilities Board issued over $145 million in municipal bonds, partially underwritten by Bank of America, to finance facility improvements at several Vanderbilt University Medical Centers. One of these projects involves expanding two floors of Monroe Carell Jr. Children’s Hospital at Vanderbilt to make 76 additional beds available.
In 2024, the Metropolitan Government of Nashville and Davidson County issued $366.7 million in municipal bonds, partially underwritten by Bank of America and JPMorganChase, to finance construction to improve and expand the area’s electricity system.
In 2023, the Metropolitan Sports Authority of Nashville issued $705.4 million in municipal bonds, partially underwritten by Goldman Sachs and JPMorganChase, to aid in financing the New Nissan Stadium. The bonds will support the design, engineering, construction, and furnishing of the stadium, which will be the new home of the Tennessee Titans NFL team and will host other entertainment, sporting, and civic events.
In 2023, Wells Fargo launched a $20 million program, Invest Native Initiative, to work with Native-led organizations and advance economic opportunities in Native American communities. Wells Fargo provided $500,000 to a Kyle-based Native American Community Development Financial Institution, Lakota Fund, and worked with the South Dakota Homeownership Coalition to expand homeownership in Native American communities across South Dakota. Read More
In 2023, Wells Fargo launched a $20 million program, Invest Native Initiative, to work with Native-led organizations and advance economic opportunities in Native American communities. Wells Fargo provided $500,000 to Eagle Butte-based economic opportunity organization, Four Bands Community Fund, and worked with the Mountain I Plains Regional Native Community Development Financial Institution Coalition to increase capital to Native entrepreneurs and drive small business growth. Read More
JPMorganChase announced $20 million in new philanthropic funding to organizations across the country working to expand homeownership for underserved communities. Build Wealth MN, a Minneapolis-based recipient, received $3 million and will expand access to homebuyer education, affordable mortgage and downpayment assistance, and a matched savings account for Black homeowners. Read More
Since 1977, Wells Fargo has been a leading partner of BestPrep, a Brooklyn Park-based organization that provides education programs to young students. Support from Wells Fargo helps expand BestPrep’s financial literacy programs to underrepresented students. Read More
Goldman Sachs partnered with St. Cloud Technical and Community College to bring its 10,000 Small Businesses program to the region and help small businesses grow. The first class of 32 cohorts included Donella Westphal, owner of Jules’ Bistro. “The energy is just really incredible, and I just feel so lucky to have been selected and to meet such amazing entrepreneurs from across the state. We’re all really excited to be part of this, and we’re already learning from each other,” Donella said. Read More
State Street partnered with Sunrise Banks, a St. Paul-based Community Development Financial Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “With this mission-based deposit through State Street, we will be able to invest in more projects and initiatives designed to empower financial wellness, foster inclusivity, and support economic growth,” said David Reiling, president and CEO of Sunrise Banks. Read More
In 2023, the Wells Fargo Foundation invested $40,000 to Capital Good Fund, a Providence-based Community Development Financial Institution, in support of its financial coaching programs. The grant funding helped expand access to financial coaching to 500 low-income families. Read More
Bank of America awarded a $200,000 grant over two years to the Providence After School Alliance, an organization that works to expand high-quality, after-school and summer learning opportunities for Providence youth. The multiyear grant funding strengthens programs and services that help enrich the education of young people. Read More
Bank of America awarded a $200,000 grant over two years to the Junior Achievement of Rhode Island, an organization that works to provide financial literacy, work readiness and entrepreneurship programs to K-12 students. The multiyear grant funding strengthens programs and services that help enrich the education of young people. Read More
Bank of America and Vital Voices Global Partnership brought together women leaders from the private sector, social enterprise and the nonprofit community in San Juan, Puerto Rico, for a weeklong initiative that connects women leaders in business and social enterprise to mentoring and expertise. The week focused on building organizational leadership and business acumen and enhancing skills in key areas such as financial and human resources management, business strategy, and communications.
In Puerto Rico, Citi invested in the Caño Martin Peña Community Land Trust that is aiming to help families secure a pathway to ownership and long-term affordability in the parts of San Juan hit hardest by Hurricane Maria. The Caño Martin Peña CLT focuses on a densely populated area of San Juan that is home to a disproportionate number of low-income residents. Citi’s investment aims to help families secure a pathway to ownership and long-term affordability. Since 2016, Citi has invested more than $1 million in housing assistance in Puerto Rico.
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Philadelphia. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In 2023, JPMorganChase announced its plan to contribute $5 million over three years to support economic development in the Kensington Neighborhood Commercial Corridor in North Philadelphia. In addition, the firm invested $3 billion in mortgage and small business lending and planned its expansion of retail branches. “We’re proud JPMorganChase is not only expanding its business into the Philadelphia region, but also investing in long-term economic solutions for the Kensington neighborhood,” Former Philadelphia Mayor Jim Kenney said. Read More
Wells Fargo donated $5 million to HomeFree-USA to aid first-time homebuyers in Philadelphia. Through its NeighborhoodLIFT program, the firm offers up to $15,000 in assistance and provides education and financial coaching for homeownership. Read More
JPMorganChase announced $9.6 million in philanthropic commitments to organizations that help preserve homeownership by addressing heirs’ property issues, appraisal bias and the undervaluation of homes. Catapult Greater Pittsburgh, a community-based nonprofit, received $3 million and is providing a clinic to help people who do not have a legal title to their property in their name. Read More
Over the past decade, BNY has contributed $500 million to the city of Pittsburgh through the BNY Foundation of Southwest Pennsylvania. As a proud part of Pittsburgh for more than a century, BNY remains dedicated to revitalizing Downtown and strengthening its ties to the city. Read More
In 2023, Morgan Stanley financed the construction of Wecoma Place, a low-income housing tax credit project located in Lincoln City in response to the Echo Mountain Wildfire of 2020. The wildfire spanned over 2,500 acres north of Lincoln City and over 400 homes were lost. The construction of Wecoma Place provides one- and two-bedroom apartments for seniors, disabled persons, and families. Read More
Wells Fargo contributed to a $205,000 grant to Adelante Mujeres, a Forest Grove-based non-profit organization that empowers Latina women in Washington County. The grant supports the organization’s work to provide opportunities and education to Latina women and their families. Read More
In 2024, Bank of America sponsored 12 scholarships for the Small Business Management Program, a collaboration with the Portland Metro Chamber and Portland Community College. This initiative is designed to help both new and experienced business owners enhance revenue, improve operations, and hire talented employees. Read More
In 2024, JPMorganChase partnered with Habitat for Humanity Portland Region to build four playhouses. “Working alongside a team of compassionate individuals, we crafted more than just a structure. We built a place where children can dream, play, and reclaim a sense of normalcy and joy,” said Julie Campbell, JPMorganChase’s Executive Director/Market Director. Read More
In 2024, Wells Fargo partnered with Habitat for Humanity Portland Region to build a playhouse which will be donated to Wapato Island Farm in support of Native American youth. Read More
In 2022, Bank of America announced over $527,000 in grants to seven Oklahoma organizations to drive economic opportunities for individuals and families in Native American/Indian communities. Two recipients are the Oklahoma City Indian Clinic and the Regional Food Bank of Oklahoma. The Oklahoma Indian City Clinic is a nonprofit clinic that provides health and wellness services to American Indians in central Oklahoma. The Regional Food Bank provides food through a network of more than 1,300 community-based partner agencies and schools in 53 countries in central and western Oklahoma. Through this partnership, the organization will convert a warehouse into a fully operational, permanent food resource center. Read More
In 2024, Independent School District No. 4 of Tulsa County issued $20.9 million in municipal bonds, underwritten by JPMorganChase, to fund an array of facility and equipment improvements at Bixby High School. Facility improvements include the construction and furnishing of Phase 3 of a new academic building with classrooms, offices, and arts and science labs. Improvements to existing facilities include new track locker rooms, stadium fencing, swimming pool repairs, and new instructional technology.
Wells Fargo collaborated with the T.D. Jakes Foundation to create opportunities for historically underrepresented communities with a philanthropic investment of $9 million to community-based organizations across the United States. Greenwood Rising, a Tulsa-based culture and history center, received $25,000 to support its educational programs. Read More
State Street partnered with Local Bank, a Hulbert-based Minority Depository Institution (MDI) and Community Development Financial Institution (CDFI), as part of the firm’s $100 million program to provide low-cost, stable deposit funding to MDIs and CDFIs. “From supporting small businesses to achieving homeownership and everything in between, we are confident that State Street’s deposit will create a long-lasting impact within the communities that we serve,” said Susan Plumb, chairman and chief executive officer of Local Bank. Read More
In 2023, JPMorganChase announced their $3 million commitment over the next three years in the Columbus Urban League (CUL), a resource for Black and urban communities that is dedicated to growing wealth, education, earning power and small businesses, while also supporting strong families. This commitment will fund CUL’s new program that aims to provide education, support and access to capital and contracting opportunities for 100 women entrepreneurs and business owners in Greater Columbus. Read More
JPMorganChase is providing $10 million to the Affordable Housing Trust, a nonprofit dedicated to developing housing opportunities within the City of Columbus and Franklin County to increase the number of affordable housing units in the area. This long term, low-cost loan doubles down on the firm’s investments to power a stronger economy in Ohio by helping scale the supply of multi-family affordable housing units in the region. Read More
In 2023, JPMorganChase announced a $3 million investment in The Columbus Urban League (CUL)’s Accelerate Her initiative, which provides education, support, access to capital, and contracting opportunities for women entrepreneurs and business owners to help them scale and grow. “The Accelerate Her initiative and the multi-year, multi-million-dollar investment by our partners at JPMorganChase will have a rippling and residual impact on the economic empowerment of Black women and a tremendous economic impact on the community as a whole,” said CUL President & CEO Stephanie Hightower. Read More
JPMorganChase’s Forward Program provides mentorship to small business owners and offers support on business challenges, such as financial modeling, e-commerce, and more. In 2023, Lisa Gutierrez, owner of Dos Hermanos, a Mexican-inspired food business in Columbus, worked with JPMorganChase’s volunteers to expand her services online. Together, they created and streamlined an app that is user-friendly for both guests and staff to engage in her business. Read More
JPMorganChase committed $2.1 million to four Columbus-based organizations to support a regional workforce collaborative that advances career pathways for individuals and families. This funding enables One Columbus, an economic development organization, to lead the initiative by fostering collaboration among businesses, education institutions, and workforce partners. Read More
JPMorganChase committed $2.1 million to four Columbus-based organizations to support a regional workforce collaborative that advances career pathways for individuals and families. This funding enables the Columbus City Schools District to promote business opportunities for their high school redesign work. Read More
In 2022, Ohio University alumna and JPMorganChase Vice President of Software Engineering, Paige Love, created a program geared towards young women interested in STEM. The firm’s “Breakthrough” program focuses on developing STEM-related experiences for young women, specifically eighth grade girls in the central Ohio area. Read More
Forty years ago, Medina-based Fire-Dex produced one product: leather gloves for welders. Today, the company manufactures protective gear for first responders and firefighters across the country. With capital support from JPMorganChase, Fire-Dex expanded its production capacity and bought the patent for its new line of firefighter gear. “JPMorganChase has always been there for us. I can’t say enough about their willingness to work with us and help us grow,” Fire-Dex owner and chairman Bill Burke says. Read More
As part of Bank of America’s $1.25 billion five-year commitment to advance racial equality and economic opportunity, the firm is supporting the construction of CentroVilla25, a business and cultural hub slated to open in Cleveland’s Clark-Fulton neighborhood in 2024. This project supports the Northeast Ohio Hispanic Center for Economic Development’s mission to provide economic mobility for the Hispanic-Latino residents in the area. Read More
Citi Community Capital provided a $28 million construction loan and a $20.4 million permanent loan to finance the acquisition and rehabilitation of The Ericsson Apartments, a 240-unit project in Akron. The property’s affordability was preserved for an additional 20 years through a Housing Assistance Payment contract for all units. Read More
In 2023, Bank of America announced four New York City-based women- and minority-owned business to join the firm’s annual Small Business Spotlight Program, which offers local entrepreneurs and businesses support to reach new customers. A Brooklyn-based and Black-owned children’s bookstore, Stories of a Colorful World, was selected to showcase its products at the Bank of America Winter Village at Bryant Park. Read More
Citi announced that it will donate over $6.6 million in support of education-focused non-profit organizations as part of its “e for education” campaign. The selected non-profit organizations focus on tackling childhood illiteracy and improving access to quality education. One New York-based recipient is Civic Builders, an organization that develops public school buildings in historically under-resourced communities. Read More
State Street issued $1 billion of senior debt with Tigress Financial Partners, a disabled and women-owned firm based in New York, as co-manager on the transaction. Read More
In 2023, State Street issued $1 billion of senior debt and $0.5 billion of senior subordinated debt with Siebert Williams Shank, a women- and minority-owned firm based in New York, as a joint book-running manager on the transaction. “State Street remains a leading partner in its commitment to broadening opportunities for minority and women-owned business enterprises,” said Suzanne Shank, President and CEO of Siebert Williams Shank. Read More
In 2023, the New York Transportation Development Corporation issued $2 billion in municipal bonds, partially underwritten by Citi, Bank of America, and JPMorganChase, to finance Phase A of a project at John F. Kennedy International Airport. The project includes the design, construction, and operation of the New Terminal One passenger terminal, which is anticipated to hold 23 gates across 2.4 million square feet. The project also involves demolishing a parking garage near the current Terminal 1, building new offsite facilities, utilities and roadways, and improving the AirTrain.
JPMorganChase announced $9.6 million in philanthropic commitments to organizations that help preserve homeownership by addressing heirs’ property issues, appraisal bias and the undervaluation of homes. Center for New York City Neighborhoods, a non-profit organization dedicated to supporting low- and moderate-income homeowners, received $889,000 in support of its free estate planning services and education for Black homeowners. Read More
Goldman Sachs’ Urban Investment Group partnered with KeyBank Community Development Lending and Investment and provided a $200 million construction loan for the planned renovation of affordable housing for seniors in Rochester, New York. The capital investment will have a significant impact within underserved communities living in downtown Rochester. Read More
JPMorganChase provided a $36 million letter of credit to help finance the construction of Center City Courtyard, a 164-unit supportive housing apartment in Rochester. When the apartment is completed in 2025, it will create 95 new supportive housing units for formerly homeless veterans and the formerly incarcerated. Read More
JPMorganChase partnered with BronxWorks, an organization that provides supportive housing and social services to families and individuals. The firm’s $450,000 commitment supports the launch of BronxWorks Landlord Engagement Program, an initiative to educate and support small landlords who want to provide affordable housing in their communities. Read More
BNY collaborated with Ponce Bank, a Bronx-based Minority Depository Institution, as part of the U.S. Treasury Department’s Financial Agent Mentor-Protégé Program. This alliance supports Ponce Bank’s investment in local businesses and housing in underserved communities. Read More
State Street partnered with Ponce Bank, a Bronx-based Minority Depository Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “Deposits from forward looking institutions like State Street help us bring financial equity to the underserved but highly deserving communities in and around New York City that we’ve been so proud to support for over 60 years,” said Carlos P. Naudon, President and CEO of Ponce Bank. Read More
In 2024, the South Jefferson Central School District issued $2.2 million in municipal bonds, underwritten by BNY, to finance the purchase of school buses.
In 2023, the Fonda-Fultonville Central School District issued $6.5 million in municipal bonds, underwritten by BNY, to finance renovations at several of its buildings and sites. The bonds also help finance new furnishings, equipment, and machinery.
In 2023, Montgomery County issued $5.4 million in municipal bonds, underwritten by BNY. The bonds finance construction costs to demolish a former Beech-Nut factory site and replace a bridge on Cranes Hollow Road.
In 2023, the County of Schoharie issued $7.3 million in municipal bonds, underwritten by BNY, to finance the fortification of streambanks to minimize potential damage from future hurricanes.
In 2023, the NYC Housing Development Corportation issued $400.2 million in municipal bonds, partially underwritten by Bank of America, Morgan Stanley, Citi, JPMorganChase, and Wells Fargo. The bonds finance construction costs and mortgage loans for multi-family housing developments, plans which include improvements in Brooklyn neighborhoods.
In 2024, Bank of America announced four New York City-based small business beneficiaries of its Small Business Spotlight program, which offers local entrepreneurs and businesses support to reach new customers. A Brooklyn-based pet shop, What a Cutie, was selected to showcase its products at the Bank of America Winter Village at Bryant Park. Read More
Goldman Sachs is financing a $270 million affordable housing initiative in Brooklyn’s East New York neighborhood. The project will deliver 385 new apartments, bringing a major boost to the community. “This project is helping us fight the housing affordability crisis while also prioritizing improvements that will make the neighborhood more livable for families,” New York Governor Kathy Hochul said. Read More
The Goldman Sachs Urban Investment Group has deployed capital to support the second phase of an affordable housing development in Coney Island, which recently broke ground and is expected to deliver 420 new residences. Read More
In 2024, Wells Fargo committed $500,000 to Breaking Ground, a New York City-based organization that operates nearly 4,500 units of permanent housing. This funding supports the organization’s affordable housing facility in Harlem. Read More
In celebration of BNY’s 241st anniversary, employees across the globe dedicated their time to giving back to their communities. In New York, team members partnered with Good+Foundation to assemble gift sets for growing families, helping welcome new life with essential items. Read More
Morgan Stanley remains committed to giving back to the community. As part of the firm’s Global Volunteer Month, employees gathered in Times Square to partner with Food Bank For New York City, working together to make a meaningful impact on addressing food insecurity. Read More
In 2023, Wells Fargo launched a $20 million program, Invest Native Initiative, to work with Native-led organizations and advance economic opportunities in Native American communities. Wells Fargo provided $500,000 to a Laguna-based Community Development Financial Institution, Native Community Capital, and worked with the New Mexico Tribal Homeownership Coalition to build a campaign around model mortgage lending and homeownership activities for tribal communities. Read More
JPMorganChase announced $20 million in new philanthropic funding to organizations across the country working to expand homeownership for underserved communities. Homewise, an Albuquerque-based recipient, received $1 million and will pilot a credit builder loan product with matched savings to overcome key barriers to homeownership. Read More
The Wells Fargo Community Grant committee awarded a $10,500 grant to the Belen MainStreet Partnership, a non-profit organization dedicated to addressing downtown revitalization. The grant assists seven small, locally owned businesses in Belen with various needs, such as landscaping and buying supplies and signs. Read More
Citi Community Capital partnered with Freddie Mac Multifamily and turned an iconic New Jersey bell tower into affordable housing for hundreds of Newark residents. The Walker House includes 264 units and gives residents easy access to Washington Park, local transit options, museums, and restaurants. This renovation is central to the revitalization of downtown Newark, which has historically faced economic challenges. Read More
JPMorganChase partnered with Newark-based nonprofit United Way to provide financial literacy training to people in neurodiverse and disabled communities. The four-week courses reached over 50 people in three cohorts. Read More
Citi provided a $20 million construction loan for Willows at Flemington Junction South, a 100-unit affordable family apartment community. The community provides onsite services to the formerly homeless population, including residential, medical, vocational, and recreational support. Read More
State Street issued $1 billion of senior debt with R. Seelaus & Co., Inc., a Chatham-based women-owned business enterprise, as co-manager on the transaction. Read More
In 2024, Wells Fargo teamed up with Habitat for Humanity of South Central New Jersey for a neighborhood repair and clean-up event. Read More
In 2023, Wells Fargo awarded $600,000 to ROC USA, a Concord-based non-profit organization dedicated to bringing resident ownership to manufactured home communities. This award helps fund innovation in market development and the expansion of resident ownership across the nation. Read More
In 2023, Wells Fargo sponsored the SHARE Omaha’s Back to School drive and helped students start the school year with school supplies donated by community members. “We are proud to elevate SHARE Omaha’s Back to School Drive and contribute to the academic success of the students who will become our community’s future leaders,” said Cristina Castro-Matukewicz, Wells Fargo’s Senior Vice President of Community Affairs. Read More
Goldman Sachs partnered with Bismarck State College to bring an in-class training program to North Dakota small business owners. For over a decade, the Goldman Sachs 10,000 Small Businesses program has helped entrepreneurs nationwide grow their businesses by offering a free, practical business training program, access to capital and personalized support services. Read More
In 2023, Bank of America announced a $1 million donation to Discovery Place in Charlotte, N.C. This donation provides students and teachers resources and skills for education and career development to meet the growing demand for STEM jobs. In addition, this donation provides new programs to more than 7,000 students at various Charlotte Mecklenburg County Title I schools. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Charlotte, N.C. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
Wells Fargo partnered with Operation HOPE to expand access to financial education workshops and one-on-one coaching for small business owners in Charlotte. “Strategic partnerships are the backbone of community transformation and Wells Fargo has been with us since the beginning. We are deeply grateful for their commitment to increasing economic inclusion by expanding our HOPE Inside for Small Business footprint,” said John Hope Bryant, founder, Chairman and CEO, Operation HOPE. Read More
Citi is strengthening its presence in Charlotte, North Carolina, with the launch of a new office that will create 510 new jobs. This expansion reinforces the city’s role as a growing financial hub and reflects Citi’s continued investment in local talent and economic development. Read More
State Street announced a $100 million program to provide low-cost, stable funding to Minority Depository Institutions (MDI) and Community Development Financial Institutions (CDFI). As partners with Durham-based MDI and CDFI, Mechanics & Farmers Bank, State Street will is supporting the firm’s collective mission of addressing inequities in our communities by working toward a more just and equitable future. Read More
In 2023, Wells Fargo awarded a $25,000 grant to the Baltimore Village School, a historic African American schoolhouse. This funding supports the school’s transformation into a community center and museum dedicated to preserving the history of the Baltimore Village neighborhood, the school itself, and the significant contributions of African Americans to the history of Cramerton and Gaston County. Read More
In 2023, the Board of Regents of Higher Education for the State of Montana issued $14.4 million in municipal bonds, underwritten by Wells Fargo, to finance previous bonds that funded renovations to the student union building, the health and physical education complex, and construction of the Black Box Theater at Montana State University’s Bozeman campus.
Wells Fargo partnered with the Federal Home Loan Bank of Des Moines (FHLB Des Moines) in support of its Member Impact Fund, a grant program that provides funding to strengthen communities in targeted areas. Prospera, a leading business and community development organization in Bozeman, received $60,000 from the Member Impact Fund. “Funding from Wells Fargo and FHLB Des Moines allows Prospera to continue and expand our work in rural communities, helping entrepreneurs, businesses, and communities,” said Paul Reichert, Executive Director of Prospera. Read More
Wells Fargo partnered with the Federal Home Loan Bank of Des Moines in support of its Member Impact Fund, a grant program that provides funding to strengthen communities in targeted areas. The United Way of Missoula County, a community-based organization, received $80,000 from the Member Impact Fund to support individuals facing housing instability. “We are very grateful that Wells Fargo sees the opportunity of our work and has chosen to make continued investment in helping our neighbors when they need it most right here in Missoula,” said Susan Hay Patrick, the CEO of the United Way of Missoula County. Read More
Wells Fargo partnered with the Federal Home Loan Bank of Des Moines in support of its Member Impact Fund, a grant program that provides funding to strengthen communities in targeted areas. Habitat for Humanity in East Helena, a non-profit organization dedicated to building affordable and safe housing units, received a $100,000 grant to help them further their housing development. Read More
In 2024, Wells Fargo granted a total of $6.4 million to 33 nonprofits through its Invest Native Initiative to strengthen housing access and affordability, small business growth, financial health, and sustainability in Native American communities. One of the recipients includes the Native American Development Corporation, a non-profit organization that provides training and one-on-one technical assistance to Native entrepreneurs. Read More
In 2024, Wells Fargo granted a total of $6.4 million to 33 nonprofits through its Invest Native Initiative to strengthen housing access and affordability, small business growth, financial health, and sustainability in Native American communities. One of the recipients includes the Plenty Doors Community Development Corporation, an organization dedicated to improving the Apsáalooke community. Read More
In 2024, Wells Fargo awarded Alcorn State University’s School of Business a $125,000 grant to launch the Finance Education Center. The center offers students hands-on stock trading experiences and education in personal finance and economics. “Partnering with Wells Fargo to create our Financial Education Center is the epitome of excitement for us here at Alcorn School of Business,” said Dr. Antwon D. Woods, dean of the School of Business. Read More
Goldman Sachs partnered with State Fair Community College in Sedalia, Missouri, to launch a small business education program to educate small business owners on how to improve and expand their businesses. The partnership is part of the firm’s $100 million dollar investment for rural small businesses. Read More
In 2023, Bank of America became an Official Community Partner with the professional women’s soccer team, Kansas City Current. This partnership played a critical role in the renovation of a STEM Lab at East High School, the biggest high school in Kansas City. The STEM Lab project provided laptops and equipment storage, in addition to other renovations. “Both the KC Current and Bank of America share a mission to lead our respective industries when it comes to innovation and achievement. Even more importantly, we share a commitment to giving back to the community and taking action to support local leaders and organizations,” said Kansas City Current co-owner Chris Long. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Detroit. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
As Detroit’s tech sector takes off, NPower Michigan provides IT training for young adults from underserved communities. Bank of America provided a grant to expand NPower Michigan’s Tech Fundamentals program, an education and job placement program for young people and military veterans that provides the skills and career pathways to advance in the tech sector. Read More
With partners like Detroit at Work, a non-profit organization that provides employment services, JPMorganChase is helping create employment opportunities that match the needs of the community. The firm’s $200 million investment in Detroit has allowed jobseekers to participate in training programs aligned with high demand industries, and resulted in nearly 72,000 Detroiters placed in apprenticeships, full- or part-time jobs. In 2023, Detroit’s unemployment rate fell under seven percent, its lowest since 2000. Read More
In 2023, the School District of the City of Pontiac issued $24 million in municipal bonds, partially underwritten by Wells Fargo, to support various projects to improve facilities and outdoor spaces. Projects include remodeling, re-equipping and refurnishing school buildings, classrooms, security entrances, traffic controls, playgrounds and athletic fields, and installing instructional technology and equipment.
In 2023, the Bloomfield Hills School District issued $76 million in municipal bonds, partially underwritten by JPMorganChase, to fund renovation projects for school buildings, school amenities, and district facilities. The renovations involve constructing and equipping multi-purpose gymnasium and cafeteria rooms, secure entryways, playgrounds and athletic fields, and an aquatic center. Projects also include installing educational technology and equipment, building a new transportation warehouse facility, and purchasing school buses.
In 2023, the Macomb Intermediate School District issued $92.3 million in municipal bonds, partially underwritten by JPMorganChase, to finance the acquisition, remodeling, and re-equipping of special education buildings, facilities, and school buses.
In 2023, the South Lyon Community School District issued $43.7 million in municipal bonds, partially underwritten by JPMorganChase, for projects to construct, remodel, and refurnish school buildings, playgrounds, and parking lots. The projects are environmentally focused, with renovations designed for energy-efficient lighting, roofing, HVAC, and re-equipped classroom technology and student devices.
In 2023, the Troy School District issued $171.3 million in municipal bonds, partially underwritten by JPMorganChase, to remodel and equip school buildings, athletic fields, playgrounds, and a replacement middle school. The bonds are also going toward installing technology in classrooms and purchasing school buses.
In 2023, the West Bloomfield School District issued $70 million in municipal bonds, underwritten by Bank of America, to construct and outfit two new elementary schools, purchase school buses, install instructional technology, and remodel and refurnish other elementary and high school buildings, athletic fields, and playgrounds.
Morgan Stanley celebrated the graduates of its second-annual STEM Robotics Program in Baltimore. Middle school students from The Crossroads School presented the robots they built during the 12-week program, powered by code they wrote with mentorship from the firm’s employees. The graduates received their own Circuit Playground processor to continue their journey in programming. Read More
As part of JPMorganChase’s commitment to support economic and community development in Baltimore, the firm granted a total of $1.25 million to community-based organizations that support small businesses. One grant recipient, Harbor Bank of Maryland, is a Community Development Financial Institution that provides capital solutions, technical assistance to small businesses and startups, and financial literacy. Read More
JPMorganChase is growing its Maryland-area Virtual Call Center, creating 40 jobs to support career opportunities for military spouses and deepening its 130-year presence in Greater Baltimore. Read More
Through JPMorganChase’s virtual call center in Baltimore, Salleia Johnson found a pathway to a brighter future for herself, her family, and her community. The firm partnered with the Baltimore City Mayor’s Office of Employment Development to connect jobseekers with full time, home based roles, creating meaningful employment opportunities across the city. “For me, it’s about not accepting the bare minimum,” Johnson said. “It’s amazing to have these opportunities to grow my career right here in Baltimore.” Read More
JPMorganChase is helping expand access to meaningful careers in Baltimore with a $2 million philanthropic investment. The funding supports the Maryland Philanthropy Network’s initiative to create and grow career pathways for residents, opening doors to greater economic opportunities across the city. Read More
In 2023, The Bank of America Charitable Foundation provided a $20,000 grant to The Light House in Annapolis. The grant supports The Light House’s homelessness prevention and support services as the organization continues to serve an increased number of individuals and families in its community. Read More
Bank of America announced it will expand its financial center network into nine new markets by 2026, bringing banking, investing, retirement, lending and small business services and solutions to more clients and communities. The bank will open five financial centers in Louisville starting in 2024. Read More
In 2023, the City of Richmond issued over $22 million in municipal bonds, underwritten by JPMorganChase, to finance the clearing and excavation of land for the planned Richmond Regional Sports Complex.
In 2023, the Garrard County School District Finance corporation issued $31.9 million in municipal bonds, underwritten by Wells Fargo, to finance Phase III of construction of Garrard County High School.
Bank of America invested $30,000 in Workforce Alliance of South-Central Kansas’ Youth Employment Project. This grant assists young professionals in finding their first job or work experience opportunity. Since 2017, the bank has provided $340,000 in grants to Workforce Alliance of South-Central Kansas to ensure that Wichita youth are work-force ready. Read More
In 2023, Bank of America awarded a $5 million grant to the construction of the Emporia State University Nursing and Student Wellness Building. The funding helps expand opportunities for future students interested in pursuing nursing and it also supports the needs of many communities in Kansas where there are shortages of nursing personnel. Read More
Wells Fargo granted $92,000 to the Cedar Rapids-based Junior Achievement of Eastern Iowa in support of its local youth financial literacy programs. The grant supports hands-on learning programs that teach students foundational money management skills. Read More
In 2024, the College Community School District issued $40 million in municipal bonds, underwritten by Wells Fargo, to finance facility renovations at the district’s 500-acre conglomerate campus. A swimming pool and wellness center will be built at Prairie High School, along with a new concession stand and ticket booth for the school’s football stadium. Improvements at the 9th Grade Center will include general remodels and repairs, expanded wrestling practice rooms, and conversion of extra gym space into an indoor batting facility.
In 2024, the Des Moines Metropolitan Wastewater Reclamation Authority issued over $25 million in municipal bonds, underwritten by BNY. The bonds fund improvements to the wastewater system’s site access, facility security, boilers and heat loops, switchgears and transformers, and flow monitoring technology.
In 2024, Polk County issued $112.2 million in municipal bonds, underwritten by JPMorganChase and Wells Fargo, to fund various improvements at Des Moines International Airport. New construction will include a main terminal, six airline gates, and a car rental facility. Projects will also involve extending and remodeling the passenger check-in area, TSA security area, baggage handling system, and terminal roadways.
In 2023, the University of Iowa Facilities Corporation issued $28.7 million in municipal bonds, underwritten by Morgan Stanley. The bonds go toward constructing and equipping a new, 230,000-square-foot academic building that will serve the departments of Communication Sciences and Disorders, Health and Human Physiology, and Physical Therapy and Rehabilitation Sciences.
Citi provided portfolio financing of $131 million to finance the acquisition and rehab of 995 affordable housing units on three islands. Once renovations are complete the affordability of the five developments will be preserved and the residents will have access to onsite education and counseling services to help them maintain financial stability. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Atlanta. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
State Street partnered with Citizens Trust Bank, an Atlanta-based Minority Depository Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “In a rapidly changing and interconnected world, forming and nurturing partnerships is crucial. We appreciate State Street Bank’s partnership with Citizens Trust Bank in providing financial access to all communities,” said Cynthia N. Day, President and CEO of Citizens Trust Bank. Read More
JPMorgan Chase awarded a $2 million grant to the Atlanta Neighborhood Development Partnership to support its initiative to transform investor-owned properties into affordable housing. The program aims to provide low- to moderate-income neighborhoods with access to affordable rental and homeownership opportunities. Read More
JPMorganChase granted $500,000 to the Westside Future Fund to support its initiative to revitalize Atlanta’s historic Westside. Read More
State Street partnered with Carver State Bank, a Savannah-based Minority Depository Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “State Street Bank’s deposit commitment will have a meaningful long-term impact in the underserved communities where our bank does business,” said Robert E. James, II, President and CEO of Carver State Bank. Read More
JPMorganChase announced $9.6 million in philanthropic commitments to organizations that help preserve homeownership by addressing heirs’ property issues, appraisal bias and the undervaluation of homes. The Federation of Southern Cooperatives, an East Point-based rural economic development organization, received $150,000 to expand legal assistance to rural homeowners in the Southeast. Read More
Wells Fargo, in partnership with the Military Warriors Support Foundation and Mungo Homes, has honored a combat-wounded veteran by providing a brand-new, mortgage-free home in Ludowici. This initiative is part of Wells Fargo’s ongoing commitment to supporting veterans and their families. Read More
In 2023, the Delaware State Housing Authority issued over $43.3 million in municipal bonds, partially underwritten by JPMorganChase, to fund the purchase and renovation of Luther Towers into low- and moderate-income multifamily housing. Improvements to the rental units include fresh paint, replaced flooring, energy-efficient lighting, and updated appliances. Communal amenities, like the laundry room, fitness center, computer lab, and health and wellness center, are also being renovated.
In 2024, the Delaware River and Bay Authority issued $155.8 million in municipal bonds, partially underwritten by JPMorganChase, to finance maintenance and upgrades to the Delaware Memorial Bridge. Improvements will include ship collision protection, deck replacement, and steelwork repairs.
In 2024, the State of Delaware issued $290 million in municipal bonds, underwritten by Morgan Stanley, to support various obligations of the state, including public education, social services, the correctional system, and road and highway maintenance.
In 2024, the Delaware River and Bay Authority issued $155.8 million in municipal bonds, partially underwritten by JPMorganChase, to finance improvements to the Cape May-Lewes Ferry. The project involves installing centralized corridors for the Cape May and Lewes terminals, rehabilitating the Cape May approach roads, and repairing vessels.
In 2024, Wells Fargo employees partnered with the Food Bank of Delaware to weed the field plot and plant peppers on their Newark farm. Most of the produce is distributed through the Food Bank’s Healthy Pantry Center for those seeking food assistance. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Washington, D.C. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In 2023, JPMorganChase invested $10 million in New Markets Tax Credits to support the Whitman-Walker Clinic in Washington, D.C. This funding helped build the Max Robinson Center, which includes clinical trials, research studies, dental suites, a community pharmacy, and mental health care. Read More
In 2023, Wells Fargo provided a $125,000 grant to the Stamford-based Women’s Business Development Council in support of its Launch Pad Grant Program. The program helps women entrepreneurs launch businesses with $2,500 grants for start-up costs. Read More
Wells Fargo partnered with the Junior Achievement of Greater Fairfield County (JAGFC) to help increase financial education and programming for underserved youth. Support from Wells Fargo helped JAGFC expand its financial literacy training and programs for students across the greater Fairfield County area. Read More
In 2024, Wells Fargo awarded $75,000 to Mercy Mountain Plains to support home improvements across three affordable housing communities in Colorado. One of the neighborhoods benefiting from this funding is Springfield Court, located in Fort Collins. “We are incredibly grateful for this generous grant, which will allow us to expand our efforts and make an even greater impact in the communities we serve,” said Mercy Housing Mountain Plains President, Shelly Marquez. Read More
Wells Fargo proudly supports the Boys and Girls Clubs of Larimer County’s Money Matters program, which fosters financial responsibility and independence among Club members. With Wells Fargo’s support, young participants are gaining essential financial literacy skills to help them build strong, secure financial futures. Read More
In 2024, Wells Fargo awarded $75,000 to Mercy Mountain Plains to support home improvements across three affordable housing communities in Colorado. The neighborhoods benefiting from this funding are Francis Heights and Grace Apartments, both in Denver. “We are incredibly grateful for this generous grant, which will allow us to expand our efforts and make an even greater impact in the communities we serve,” said Mercy Housing Mountain Plains President, Shelly Marquez. Read More
In 2024, the Wells Fargo Foundation awarded a $100,000 grant to Access Mode, a leading organization committed to empowering aspiring entrepreneurs through essential resources, mentorship, and funding opportunities. This grant supports Access Mode’s flagship program, which connects entrepreneurs with investors and provides a platform to pitch their business ideas and accelerate growth. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including San Francisco. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
The Citi Foundation announced its latest cohort of Community Progress Makers, an initiative that expands the impact of community organizations through unrestricted, trust-based funding. MyPath, a San Francisco-based recipient, will receive $1 million over three years to advance its financial mentoring services to low-income youth and young adults. Read More
Bank of America provided funding to San Francisco General Hospital’s Transform Mental and Behavioral Health Fund, an initiative to deliver mental health and addiction care to hard-to-reach populations. “Bank of America’s shared commitment to equity brings critical support to our mission of supporting excellence in patient care at our city’s only public hospital,” said San Francisco General Hospital Foundation CEO Kim Meredith. Read More
In 2023, JPMorganChase committed $25,000 to SF New Deal’s “Vacant to Vibrant” program, which repurposes previously vacant storefronts in downtown San Francisco for use by small businesses, artists, and cultural organizations. Read More
JPMorganChase has committed $3.8 million in philanthropic support to help revitalize San Francisco’s downtown economy. The investment aims to fuel small business growth, attract both residents and visitors back to the area, and restore the vibrancy of the city’s streets. Read More
Wells Fargo donated $250,000 to the United Way Bay Area to strengthen financial empowerment and community resilience through its network of SparkPoint Centers. These centers offer free services such as one-on-one financial coaching, tax preparation, and credit counseling across the San Francisco Bay Area. “Thank you to Wells Fargo for investing in this important community programming, which helps create healthier financial habits and lays the foundation for people to achieve economic security,” said Keisha Browder, CEO of United Way Bay Area. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Los Angeles. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In response to the wildfires that impacted the Los Angeles community, Bank of America contributed $500,000 to the L.A. Area Chamber of Commerce to support small businesses and an additional $500,000 to the Los Angeles Regional Food Bank to provide immediate food and essentials. Read More
BNY’s Los Angeles employees volunteered at A Place Called Home, a nonprofit dedicated to empowering underserved youth. Volunteers prepared 300 care packages for individuals and families facing food insecurity and other challenges. Read More
Bank of America’s Sports with Us Clinic in Los Angeles teamed up with the Boys & Girls Club, the Dodgers, and local groups to give young athletes a day of hands-on training—plus a boost in financial skills like budgeting and resilience. Read More
The Citi Foundation announced its latest cohort of Community Progress Makers, an initiative that expands the impact of community organizations through unrestricted, trust-based funding. Neighborhood Partnership Housing Services, a Rancho Cucamonga-based recipient, will receive $1 million over three years to advance its innovative affordable housing and financial solutions to underserved families and communities. Read More
In 2023, Morgan Stanley financed the acquisition and renovation of Terra Linda-Northview, a family housing property in San Rafael, as part of the firm’s affordable housing preservation initiatives. This renovation is a naturally occurring affordable housing property with rents priced at affordable rates to tenants earning less than 70% of the area’s median income. Read More
Since 2011, Bank of America has supported 10,000 Degrees, a San Francisco-based organization dedicated to helping students from low-income backgrounds enroll in and graduate from college. Bank of America funded a pilot program to help 10,000 Degrees graduates with resume preparation, guidance on internships, and advice on networking. Read More
JobTrain gives people from low-income communities across Silicon Valley the education, skills, and real-world experience needed to create long successful careers. Funding from Bank of America helped expand JobTrain’s career training programs and job placement services. Read More
Citi provided a $29.44 million construction loan and a $7.15 million permanent loan for Casa Paloma, a 71-unit affordable housing apartment complex in Orange County. Additionally, 48 of the units are reserved as permanent supportive housing for formerly homeless tenants. Read More
In 2024, Wells Fargo helped finance the Mitchell Park Place project, a mixed-use development that provides office space for public social services and 50 high-quality affordable housing units for lower-income households, including special needs housing for individuals with developmental disabilities. Read More
In 2024, JPMorganChase partnered with Via Programs to support its Exploring Social Innovation program, which brought together a cohort of 12 to 20 students for a 10-day initiative that examined social challenges and innovative solutions. The selected cohort presented at the JPMorganChase Center in Palo Alto and had the opportunity to meet with the firm’s leadership team to discuss career insights. Read More
JPMorganChase’s Community Development Banking provided $89.8 million in construction loans and $55.7 million in Low-Income Housing Tax Credit investments to develop 47 affordable housing units in Casa Sueños, a 181-unit affordable housing community. Read More
Bank of America partnered with Youth on Course to make golf more affordable for young players nationwide. “This relationship immediately grows our footprint and will allow us to invest in new communities across the country, ultimately serving more youth both on and off the course,” said Youth on Course CEO Adam Heieck. Read More
Wells Fargo partnered with Operation HOPE to provide financial relief and recovery services to residents and small businesses affected by the Los Angeles area wildfires. As part of the effort, the firm launched Project Restore HOPE pop up branches, including one in La Canada, to offer dedicated disaster recovery support. Read More
Wells Fargo partnered with Operation HOPE to provide financial relief and recovery services to residents and small businesses affected by the Los Angeles area wildfires. As part of the effort, the firm launched Project Restore HOPE pop up branches, including one in Montrose, to offer dedicated disaster recovery support. Read More
Wells Fargo partnered with Operation HOPE to provide financial relief and recovery services to residents and small businesses affected by the Los Angeles area wildfires. As part of the effort, the firm launched Project Restore HOPE pop up branches, including one in Hastings Ranch, to offer dedicated disaster recovery support. Read More
Wells Fargo partnered with Operation HOPE to expand access to financial education workshops and one-on-one coaching for small business owners in Baldwin Hills. “Strategic partnerships are the backbone of community transformation and Wells Fargo has been with us since the beginning. We are deeply grateful for their commitment to increasing economic inclusion by expanding our HOPE Inside for Small Business footprint,” said John Hope Bryant, founder, Chairman and CEO, Operation HOPE. Read More
Wells Fargo donated $1 million to the United Ways of California to advance financial empowerment and community resiliency programs across 12 regional United Ways, serving more than 30 counties statewide. This grant supports initiatives that help low-income Californians build wealth through locally tailored projects designed to meet the unique needs of each community. Read More
In 2023, the Arkansas Development Finance Authority issued $240 million in municipal bonds, partially underwritten by Bank of America, Wells Fargo, Citi, Goldman Sachs, JPMorganChase, and Morgan Stanley. The bonds finance the construction, development, and installation of two electric arc furnaces and other upgraded equipment at a United States Steel Corporation solid waste disposal facility. Proceeds of the bonds also support the construction of U.S. Steel’s Big River Steel facility, which has been designed to refine and process scrap steel in a sustainable way to reduce greenhouse gas emissions.
In 2023, the Board of Trustees of the University of Arkansas issued over $13.7 million in municipal bonds, partially underwritten by JPMorganChase, to finance energy conservation improvements across the university’s Little Rock campus. Improvement projects include construction of a new self-generation energy plant, upgrading the electrical distribution system, installing refitted interior lighting, and updating HVAC systems.
In 2024, the Arkansas Natural Resources Commission issued $17 million in municipal bonds, underwritten by Wells Fargo, to develop waste disposal, water pollution control, wetlands resources, and drainage and irrigation projects.
In 2023, the Hot Springs School District issued $25.6 million in municipal bonds, underwritten by Bank of America, to refurbish school buildings and build a new high school.
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Phoenix. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In 2023, Citi collaborated with YWCA Southern Arizona, a non-profit dedicated to economic security for women and families in Southern Arizona through small business, career advancement, leadership, wellness and other programs. Citi’s Tucson employees donated over 150 articles of clothing and accessories to Your Sister’s Closet, a YWCA program that provides professional/business casual clothing for unemployed and unhoused women. Read More
378
$94.54M
$131.72M
$6.78M
2,304
$257.19M
$391.31M
$10.01M
504
$152.98M
$225.56M
$6.31M
33,759
$1.31B
$3.54B
$120.7M
70,607
$9.67B
$43.31B
$1.07B
5,641
$1.06B
$3.4B
$60.59M
6,197
$558.15M
$2.12B
$57.51M
2,379
$100.61M
$810.06M
$37.9M
21,154
$119.73M
$293.99M
$5.86M
63,011
$5.06B
$13.23B
$351.65M
15,249
$1.55B
$3.12B
$112.71M
0
$3.93M
$0
$0
294
$113.23M
$414.25M
$0
11,503
$188.67M
$180.46M
$10.58M
1,852
$203.31M
$364.26M
$10.01M
27,074
$1.84B
$6.13B
$188.78M
3,285
$473.87M
$857.55M
$30.5M
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$186.56M
$257.72M
$8.45M
2,666
$236.87M
$337.03M
$10.65M
2,737
$441.15M
$370.71M
$22.26M
19,155
$916.32M
$3.31B
$280.1M
7,776
$878.64M
$1.73B
$59.67M
964
$112.16M
$262.52M
$2.63M
5,701
$979.98M
$1.25B
$89.93M
12,670
$433.79M
$1.05B
$55.08M
11,183
$477.74M
$691.58M
$21.02M
284
$127.87M
$113.5M
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$145.53M
$391.24M
$3.27M
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$1.12B
$4.32B
$397.84M
312
$47.93M
$26.89M
$1.9M
677
$139.6M
$123.55M
$6.26M
745
$161.09M
$275.14M
$5.79M
44,183
$1.95B
$5.28B
$149.27M
1,471
$176.64M
$350.17M
$15.73M
3,996
$619.4M
$1.77B
$64.03M
97,611
$3.91B
$19.87B
$1.73B
25,242
$860.36M
$1.77B
$50.58M
1,619
$282.36M
$321.82M
$12.44M
4,093
$578.45M
$1.2B
$38.43M
16,032
$965.29M
$2.05B
$89.19M
79
$35.05M
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$4.71M
2,540
$161.8M
$239.08M
$9.13M
3,620
$503.13M
$1.64B
$38.37M
2,938
$67.69M
$62.75M
$818.34M
4,284
$502.06M
$1.68B
$19.86M
84,682
$4.64B
$9.28B
$552.66M
8,409
$461.22M
$905.76M
$355.2M
11,184
$1.02B
$3.03B
$89.24M
0
$4.62M
$0
$0
365
$50.2M
$163.32M
$85.59K
7,461
$1.24B
$5.53B
$93.77M
2,130
$398.5M
$868.94M
$16.73M
469
$63.31M
$78.07M
$2.58M
206
$105.26M
$196.63M
$2.47M
712,269
$47.77B
$149.31B
$7.21B