The Bank of America Summer Employment Initiative is a partnership with Mayors’ offices around the country that provides at-risk teens with job opportunities at local nonprofits and businesses during the summer. The partnership is now in its second year, with more than 1,050 teens placed in paid jobs in 2013. The Bank of America Summer Youth Employment Initiative provides students with vital workforce development opportunities during a time when teen unemployment remains the highest of any working group at 24.1 percent.
In addition, Bank of America has partnered with nonprofit organizations in 13 cities across the franchise to support the 2013 Consumer Summer Intern Program. This program is designed to provide more than 130 high school seniors an opportunity to gain valuable work experience in a professional environment while also educating customers on financial wellness activities and convenient banking options.