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Banking & Finance

Sept. 12 – Update by Bank of America on Georgia and Florida operations; BOA donates to Hurricane Irma relief

Category: Banking & Finance

Coastal Empire News Staff Report

September 12, 2017 – As the Southeast states affected by Hurricane Irma work to get back to business, area banks are trying to reopen.

Most Bank of America financial centers in Georgia are open today. Some in metro Atlanta are still without power, and others along the Georgia coast including in Chatham, Effingham and Glynn counties are closed.

All Bank of America financial centers in Florida are closed today except the Florida Panhandle (Escambia, Leon, Okaloosa, Santa Rosa counties) which are open.

Most Bank of America financial centers in South Carolina are open today. Some in Coastal South Carolina (Charleston, Beaufort Dorchester counties) are closed today.

For the most up-to-date information on open/closure status of financial centers or ATMs, Bank of America customers can use the following links:

·       Mobile: http://go.bofa.com/BofA

·       Online: www.bankofamerica.com

The bank has created separate, dedicated assistance lines for its retail, U.S. Trust, and Merrill Lynch customers and clients impacted by Hurricanes Irma and Harvey. They are:

·       Bank of America:  855.729.1764

·       U.S. Trust:  866.252.5703

·       Merrill Lynch:  888.534.2034

 Irma Relief Efforts

 Bank of America announced it is directing $1 million in funding from the Bank of America Charitable Foundation to aid the victims of Hurricane Irma, including $250,000 to the American Red Cross Disaster Relief Fund, with the remainder to be allocated when an assessment is completed regarding specific recovery needs.

 As it did with its Hurricane Harvey relief efforts, the company is matching employee donations through an internal program, with the minimum amount eligible for matching lowered to $1 from the standard $25, according to BOA.   To date, bank employees have donated $754,000 for both relief efforts, matched dollar for dollar by the company for a total of more than $1.5 million.

The company previously announced $1 million in Hurricane Harvey relief funding, for a total to date of more than $3.5 million in collective commitment from the company and its employees related to the two storms.

© Copyright 2017 Coastal Empire News, publisher of SavannahBusinessJournal.com, DublinBusinessJournal.com and BrunswickBusinessJournal.net. All Rights Reserved. www.CoastalEmpireNews.com

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