Bank of America Investing $40 Million to Build Pathways to Success for Youth

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Bank of America Investing $40 Million to Build Pathways to Success for Youth

2016 Bank of America Student Leaders gathered in Washington, D.C. for a leadership summit in July.

2016 Bank of America Student Leaders gathered in Washington, D.C. for a leadership summit in July.

Keeping teens on track and providing pathways for future success is critically important to building thriving communities and developing the nation’s future workforce. Unfortunately today, there are nearly 6 million young people who are disconnected from work or school, with no concrete plans for the future. Research shows that early employment can offer young adults a better trajectory for success.

That’s why Bank of America recently announced a $40 million commitment over the next three years to support 100,000 teens and young adults through early employment, education, job training, mentoring – all focused on developing a diverse talent pool for our country.

“Investing in young adults to help provide them the opportunities they need to build their career skills makes a meaningful impact in their lives and the lives of our communities,” said Brian Moynihan, CEO, Bank of America.

One initiative that illustrates this work is the bank’s Student Leaders® program which offers high school students a paid summer internship at a local nonprofit and participation in a national leadership summit in Washington, D.C. Bank of America’s 2016 Student Leaders recently shared their hopes for the future and what they need to achieve success – watch here.

The bank’s commitment builds on its long-standing support of youth and young adults and is a demonstration of the company’s strategy to advance sustainable and responsible growth.

Congratulations Bank of America Corporation!