Bank of America making small business its business.PHOENIX--(BUSINESS WIRE)--May 4, 1995--Bank of America has announced a renewed commitment to serving Arizona's small business community. The announcement, timed to coincide with National Small Business Month in May, was outlined by Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. Arizona Arizona (âr'əzō`nə), state in the southwestern United States. It is bordered by Utah (N), New Mexico (E), Mexico (S), and, across the Colorado R., Nevada and California (W). President Kathy Munro in remarks to the City of Phoenix Enterprise Breakfast Thursday morning, May 4 at Phoenix Civic Plaza. Munro told the audience of small business owners that Bank of America recognizes that, "Our job should be to remove obstacles between you and your dream, not create them. It should be to look for ways to say 'yes,' not just reasons to say 'no.'" Bank of America's Business Banking group, headed by Senior Vice President Dan Stewart Dan Stewart is a Democrat who represents the 25th Ohio House District, which includes German Village, the Short North, Franklinton, and Hilltop areas of Columbus, Ohio. He was born and raised on Columbus's west side. , is launching several specific initiatives this month designed for small business owners and their banking needs. The program includes new products, new small business banking specialists at Bank of America, a special senior management calling program and a pair of promotional offers available during the month. The special offers available in May include the waiver The voluntary surrender of a known right; conduct supporting an inference that a particular right has been relinquished. The term waiver is used in many legal contexts. of loan origination The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. fees on the bank's ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. (Advantage Business Credit) term loans and lines of credit and for Bank of America's special targeted loan program for minority- and women-owned businesses. The bank has also announced the creation of a dedicated ON CALL BANKER group of specialists equipped to bring virtually the full range of banking services to the customer, instead of asking the customer to come to the bank. Using portable computer technologies, each of the Bank of America's ON CALL BANKERS can produce and accept applications for any Bank of America product or service, call up and analyze account information, and send and receive FAX messages from the convenience of the client's home or office. The bank's Business Banking group has also dedicated a group of bank officers to work in the field with small business clients and the bank's branch managers to help make sure the customer's needs are being better served. Why should a bank to through all this effort? "It's good for us," said Munro. "More than 90 percent of the businesses in Arizona are considered part of the small business market. We can't hope to succeed without effectively serving that market's needs. "And it's good for the community. The cornerstone cornerstone Ceremonial building block, dated or otherwise inscribed, usually placed in an outer wall of a building to commemorate its dedication. Often the stone is hollowed out to contain newspapers, photographs, or other documents reflecting current customs, with a view to of a healthy economy is a thriving thrive intr.v. thrived or throve , thrived or thriv·en , thriv·ing, thrives 1. To make steady progress; prosper. 2. small business sector. A healthy economy helps us all succeed," she added. To emphasize her commitment, Munro and other Bank of America senior executives will be participating with the bank's Business Banking officers in a special customer calling program during the month. Each senior executive taking part has committed several days during the month to spend time with small business clients and prospects, getting a more personal and more direct picture of what the needs are and how well the banking is meeting them. The focus on small business during the month of May is only the kick-off, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. bank officials, of what they promise will be an on-going commitment to make small business a central part of Bank of America's business in Arizona. CONTACT: Bank of America, Phoenix Dave Howell, 602/594-6506 |
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