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Bank of America Charitable Foundation Connects Houston Teens to Summer Employment

Five local teens selected as Student Leaders® and will receive paid eight-week internships at local nonprofits

The Bank of America Charitable Foundation today announced that five Houston area high school students have been selected to take part in the 2013 Student Leaders® program, which awards a total of 225 community-minded high school juniors and seniors from around the country with paid eight-week summer internships at local nonprofit organizations.

Despite gains in the overall job market, teens still have the highest unemployment rate: In Texas, the unemployment rate for teens ages 16-19 is 21.1 percent. Research indicates that teens who are gainfully employed have lower drop-out rates, are more likely to continue their education to pursue long-term career goals and ultimately show an increase in lifetime earning potential.

That’s why Bank of America started the Student Leaders program. It is part of the company’s ongoing commitment to provide individuals with access and exposure to critical resources that will bolster their work and life skills while also benefiting the community. “Youth employment in Texas is well above the state and national averages and teens are facing a tough time finding summer jobs,” said Kim Ruth, Houston market and Texas state president, Bank of America. “The Student Leaders program will provide these five Houston students with valuable, real-world experiences that will arm them with the necessary training and leadership skills to be a future leader in our community.”

In addition to the paid internships, the students will attend a weeklong Bank of America Student Leadership Summit in Washington, D.C., in July. Summit activities include a service learning project and a series of interactive workshops, including Capitol Hill briefings and sessions on financial education and leadership development skills. The students gain a deeper understanding of how service creates positive change and how corporate, nonprofit and government collaboration revitalize communities.

Participating local students are:

  • Cinthia Cruz, a rising senior at Channelview High School, is interning at the Houston Food Bank
  • Oby Ebere, a recent graduate of Alief Early College High School, is interning at the Boys and Girls Club of Greater Houston
  • Samantha Hilty, a rising senior at Clear Lake High School, is interning at the Houston Food Bank
  • Rosendo Lopez, a recent graduate of John H. Reagan High School, is interning at the Boys and Girls Club of Greater Houston
  • Carolos Sotelo, a recent graduate of Sam Rayburn High School, is interning at The Houston Food Bank.

The Student Leaders program demonstrates Bank of America’s long-standing belief that investing in leadership and fostering a culture of service is a way to revitalize the economic and social health of communities.

Bank of America Corporate Social Responsibility

Bank of America’s commitment to corporate social responsibility (CSR) is a strategic part of doing business globally. Our CSR efforts guide how we operate in a socially, economically, financially and environmentally responsible way around the world, to deliver for shareholders, customers, clients and employees. Our goal is to help create economically vibrant regions and communities through lending, investing and giving. By partnering with our stakeholders, we create value that empowers individuals and communities to thrive and contributes to the long-term success of our business. We have several core areas of focus for our CSR, including responsible business practices; environmental sustainability; strengthening local communities with a focus on housing, hunger and jobs; investing in global leadership development; and engaging through arts and culture. As part of these efforts, employee volunteers across the company contribute their time, passion and expertise to address issues in communities where they live and work. Learn more at www.bankofamerica.com/about and follow us on Twitter at @BofA_Community.

 

Contact:

Diane Wagner, Bank of America

312-992-2370 or diane.wagner@bankofamerica.com

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