This is Derek Miller Speaking on Business. There are more than 100 different banks and credit union brands to choose from in Utah. One of the largest is the Bank of America, and Mori Paulsen, the bank’s Utah Market President, provides us with an insight into their Utah operations.
Bank of America is one of the world’s leading financial institutions, serving individuals, small and middle-market businesses, and large corporations with a full range of banking, investing, and asset management services. Locally, we have 280 employees, 12 financial centers, 50 ATMs, 5 Merrill offices, and 1 private bank office.
As President of Bank of America for Utah, I work with the different business lines within the company so that clients get the benefit of everything we have to offer, and have a positive and consistent experience.
Through responsible growth, Bank of America delivers for clients AND addresses pressing societal issues, such as advancing racial equality and economic opportunities. Our philanthropic partnerships and volunteer programs build on our longstanding focus, with programs that provide up-skilling, re-skilling, and education leading to livable wage jobs and careers that make a positive impact here in Utah.
Bank of America is a key player among Utah’s financial institutions. Its assets, combined with other Utah banks and credit unions, is now nearly $900 billion dollars, for Utah citizens and companies to operate. I’m Derek Miller with the Salt Lake Chamber, Speaking on Business.