Bank of America (NYSE: BAC) recently shared it surpassed the $1 billion mark in loans and investments to more than 120 Community Development Financial Institutions in 37 states. "Bank of America is investing more in community-based institutions because small businesses, nonprofit organizations and other local efforts are the engine for job growth and economic activity in our cities and towns," said Andrew D. Plepler, Bank of America's global corporate social responsibility and consumer policy executive. "CDFIs are one of the best channels to reach these organizations."
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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
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