Bank of America

Bank of America Supercharges The DEC Network Mission with $120K for Entrepreneurs of Color Fund

Formally known as the Entrepreneur of Color Credit Enhancement Fund, the program will provide loan guarantees and loan-readiness assistance to growth-oriented businesses.
MORE
The Last Word: JPMorgan’s Elaine Agather on DFW’s Growing Global Financial Impact
by | Jan 18, 2024
In a recent end-of-2023 article titled Wall Street’s Seismic Shift Propels Dallas Past Chicago, LA, Yahoo! Finance noted that "Dallas saw three of Wall Street’s largest banks start on new campuses this year, cementing their bets on one of the fastest-growing metros in one of the fastest-growing states."
MORE
Bank of America Awards $1M Grant to Fort Worth’s National Juneteenth Museum
by | Jul 25, 2023
"The National Juneteenth Museum will be a social and economic anchor in Fort Worth that will serve as a catalyst for community education and growth," Mike Pavell, Bank of America Fort Worth president, said in announcing the $1 million grant.
MORE
Grammy-Winning Rapper and Entrepreneur ‘Killer Mike’ to Speak at The DEC Network’s State of Entrepreneurship Event
by | Mar 14, 2023
The DEC Network, which marks its 10th anniversary this year, is gearing up for its 2023 State of Entrepreneurship event—the first-ever in Frisco. Dubbed 'the Super Bowl for Entrepreneurs' in North Texas, the annual gathering brings together game-changing startups and innovative business leaders.
MORE

Santander Consumer USA Names President of Chrysler Capital & Auto Relationships

by | Jan 27, 2023

Dallas-based Santander Consumer USA Inc. announced that Betty Jotanovic will be president of Chrysler Capital and Auto Relationships where she will be responsible for all aspects of Santander Consumer’s Chrysler Capital and Auto Relationships.

Jotanovic will report to Bruce Jackson who recently was named head of the Santander US Auto business and CEO of Santander Consumer....

MORE
Bank of America Contributes Nearly $4M to North Texas Nonprofits in 2022
by | Dec 28, 2022
Bank of America has donated nearly $4 million to North Texas nonprofits this year, including local food banks and two 2022 Bank of America Neighborhood Builder® awardees.
MORE
Bank of America Invests $900K to Support North Texas Nonprofits
by | Nov 9, 2022

Bank of America announced that it has invested nearly $900,000 to support nonprofits in North Texas that focus on community needs such as affordable housing, community revitalization, small business, and the arts.

The funds should help nonprofits already beleaguered by the COVID-19 pandemic to overcome the effects of inflation.

“Dallas nonprofits dedicate their time and energy to solve the complex societal challenges, build up our neighbors in need, and promote economic advancement,” Jennifer Chandler, Bank of America Dallas president, said in a statement....

MORE
Bank of Montreal Taps North Texas for its Newest Tech Hub
by | Jul 25, 2022
With 50,000 employees and $820 billion in assets, the Bank of Montreal plans to add 50 new employees to its 250-person DFW workforce. Placing its newest tech hub in North Texas is part of the bank's plan to make the U.S. a major focus of its business. BMO joins JPMorgan Chase, Bank of America, and PNC Bank in having a significant tech presence in the Dallas-Fort Worth region.
MORE

New Age Capital Raises $25M for Debut Fund to Invest in ‘Historically Underfunded Founders’

by | Jul 14, 2022
Co-founded by Dallasite LaDante McMillon and Brooklyn-based Ivan Alo, New Age Capital has raised $25 million for its debut fund. Formed in 2016, New Age focuses on seed-stage rounds for startups with Black and Hispanic founders.

Looking ahead, New Age wants to be the “go-to institutional VC firm” in their space.
MORE
Texan by Nature CEO Says ‘The Future Is Innovation.’ Here’s Why Today Is Our Slowest Day
by | Dec 16, 2021
The nonprofit is uniting industry and conservation as we move faster and faster towards progress.

How do we radically shape the future? In November, the Laura Bush-founded Texan by Nature hosted a conservation summit to tackle the topic. CEO Joni Carswell urged an audience of innovators, collaborators, and changemakers to “Ask yourself ‘what if?’ Do something different and new and more.”

Here are takeaways.
MORE
Bank of America Invests $200K to Continue Dallas’ B.U.I.L.D. Collaborative Small Business Grant Program
by | Nov 30, 2021
Broadening Urban Investment to Leverage Dallas (B.U.I.L.D.)—launched last year by the City of Dallas, DEC@Redbird, and more than 200 Dallas County business service organizations—will continue its grant program that serves as a catalyst to Southern Dallas’ small business owners of color and women business owners.
MORE
Pam Seagle, Bank of America's manager of global women’s programs
New Bank of America Platform Helps Women-Owned Businesses Find Funding Sources
by | Oct 29, 2021
Women entrepreneurs in North Texas and across the U.S. have long faced challenges in finding funding for their businesses. Now Bank of America is stepping in to help "bridge the capital gap" with its new Access to Capital platform. The online resource educates women entrepreneurs on ways they can fund their businesses, and covers more than 350 sources of capital.
MORE

Bank of America Set a Company Record for Patents Granted In the First Half of 2021. One Big Reason? Addison’s Manu Kurian.

by | Sep 1, 2021
Bank of America had a company-record 227 patents granted during the first half of 2021. One of its biggest inventors? Addison-based Global Banking SVP Manu Kurian, who ranks in the top 300 patent holders on earth. He's filed more than 360 patents since 2014, with more than 240 of those having been granted.
MORE
Coworking Adapts to Survive and (Eventually) Thrive
by | Nov 29, 2020
Local coworking firms use different approaches to deal with COVID challenges.
MORE
Dallas-Fort Worth Leads the Nation in Apartment Demand for Q3 2020
by | Nov 28, 2020
The DFW multifamility market also led in the second quarter with modest gains due to government stay-at-home orders.
MORE
A Timeline for Action: Dallas ‘Roadmap’ Points the Way To Economic and Social Progress
by | Nov 13, 2020
The Community Transformation Action Roadmap is a new holistic framework of economic development that benefits everyone in Dallas, says Eric A. Johnson, Dallas' chief of economic development and neighborhood services.
MORE