BofA Hires 1,000 Bankers to Advise US Small Business Owners

As part of its ongoing commitment to small businesses, Bank of America (BofA) plans to hire over 1,000 small business bankers by early 2012. BofA small business bankers will provide more personalised attention to small business owners by spending time with them at their place of business and learning more about what their companies do.

Customers will have convenient access to local small business expertise and a dedicated resource that understands their business. Small business bankers will consult with small business owners and assess their companies’ deposit, credit and cash management needs.

“Small businesses play a critical role in driving innovation and growth in our economy, and the steps we’re taking at Bank of America will help create more certainty, more confidence and more opportunity for small businesses in all of our markets,” said president and chief executive officer (CEO) Brian Moynihan. “Our small business bankers will live and work in the communities they serve, making them uniquely qualified to work with these businesses and provide the best combination of financial services to help them grow.”


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