Business
BofA Invests Nearly $40 Million into American Workforce Skills in 2025
In recognition of Career and Technical Education Month, Bank of America today announced it invested nearly $40 million in 2025 in workforce development initiatives, partnering with more than 100 universities and community colleges and over 600 nonprofit partners across all its U.S. markets.
About this update from Bank Of America Corporation
[{"type":"text","content":"As Many As 86,400 Placed in Jobs & 265K Upskilled through Strategic Local Partnerships ","length":95,"tagName":"p","attribs":{}},{"type":"text","content":"CHARLOTTE, N.C., Feb. 26, 2026 /PRNewswire/ -- In recognition of Career and Technical Education Month, Bank of America today announced it invested nearly $40 million in 2025 in workforce development initiatives, partnering with more than 100 universities and community colleges and over 600 nonprofit partners across all its U.S. markets.","length":343,"tagName":"p"},{"type":"image","alt":"Culinary student making a dessert","displaySize":"","headline":null,"caption":"Culinary student making a dessert","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":267,"url":"https://media.zenfs.com/en/prnewswire.com/a84f9f061b3b2c0b2301218070254f96"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/pp.SD_PvJsU7jHGtTpRZdg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ3MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/a84f9f061b3b2c0b2301218070254f96","width":400,"height":267}},"href":"https://mma.prnewswire.com/media/2920669/Culinary_Student_Dessert.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"These workforce development partners estimate the bank's investments last year alone contributed to approximately 86,400 individuals getting connected to livable‑wage jobs and provided 265,000 people with access to training, education and career readiness programs designed to position them for long‑term career success.","length":324,"tagName":"p"},{"type":"text","content":""Career and technical education are critical to building strong local economies," said Meghan Hughes, Head of Workforce Development at Bank of America. "These investments reflect our long-standing commitment to creating pathways to lasting success for people across the country. Employers need skilled workers and we're proud to partner with so many organizations that are preparing the next generation of talent for today's jobs and the careers of tomorrow. This work is a powerful demonstration of how we can drive American economic growth and prosperity—together."","length":595,"tagName":"p"},{"type":"text","content":"These partnerships and investments are central to Bank of America's broader workforce development strategy, whi...