In 2006, Bank of America partnered with Year Up as part of a shared commitment to developing young people and serving local communities. From just one IT intern to start, the partnership soon grew to include interns in Business Operations, Financial Operations, and Sales and Customer Support at Bank of America locations across the country. Bank of America quickly realized that that the Year Up interns did much more than bolster corporate responsibility—they were a reliable pipeline of skilled, motivated young talent for entry-level roles that would otherwise be filled through traditional hiring methods.
“Year Up is a key partner and a strategic source of talent for Bank of America. The program is a role model for preparing opportunity youth for first time professional employment.”
Head of The Academy for Consumer & Small Business, Bank of America
Over the next several years, Bank of America served as a founding partner for Year Up locations in Arizona, Dallas Fort-Worth, Jacksonville, Tampa Bay, and Charlotte, and nearly tripled their investment in the program. Today, they have hosted more than 900 interns and hired more than 345 graduates, making Year Up talent a significant part of Bank of America’s talent sourcing strategy and organizational culture.
Through the support and partnership of Year Up and other nonprofits, Bank of America has pledged to hire 10,000 people from low-and-moderate-income families over the next five years, further demonstrated their commitment to developing young adults and serving local communities.
“Imagine being one of more than 5 million Opportunity Youth who are talented, yet underserved, who have big dreams and professional ambitions, but lack access to the resources needed to achieve them. Imagine, then, what it means to receive an opportunity to work at Bank of America.”
Year Up Intern at Bank of America, 2017
Bank of America Employee, 2017-Present
OUTCOMES & IMPACT
Interns Hosted Graduates Hired
ABOUT THE PARTNER
Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions, and individuals around the world.