Bank of America Announces Support for Colorado Wildfires Relief Efforts

Published on Monday, 02 July 2012 13:05 Written by TradersHuddle Staff

DENVER-( Business Wire )-

Bank of America today announced a $25,000 commitment to the American Red Cross Mile High Region to aid victims of the wildfires sweeping across parts of Colorado. The Waldo Canyon fire alone has already destroyed nearly 350 homes and forced the evacuation of 35,000 people, surpassing the 257 homes damaged recently by another wildfire near Fort Collins.

"We are committed to supporting the families, customers and communities who have been impacted by the devastating series of wildfires,” said Robert Likos, Colorado market president, Bank of America. “By giving to the local American Red Cross chapter, the funds will be immediately used for local relief and recovery needs.”

Bank of America is also a donor to the Red Cross Annual Disaster Giving Program. Through the Annual Disaster Giving Program, which was started in 1997, members have pledged donations to the Red Cross in advance of major disasters, which helps the organization better prepare for and respond to nearly 70,000 disasters each year.

In addition, the Bank of America Charitable Foundation will match employee pledges through the bank’s Matching Gifts program.

Bank of America customers impacted by the fires can use the phone number on their bank statements or bank card to discuss options, and mortgage customers impacted by the fires may contact the bank’s Customer Assistance Center located in Greenwood Village by calling 866.384.0200.

Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 57 million consumer and small business relationships with approximately 5,700 retail banking offices and approximately 17,250 ATMs and award-winning online banking with 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

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www.bankofamerica.com

Reporters May Contact:Colleen Haggerty, Bank of America, This e-mail address is being protected from spambots. You need JavaScript enabled to view it.