Bank of America Corporation (NYSE:BAC) has announced $280,000 in grants to eight non-profit organizations in East Bay.

As part of its partnership with the East Bay Economic Development Alliance, the Bank of America Corporation (NYSE:BAC) is providing grants to eight East Bay nonprofit organizations to support local workforce development efforts.

Martin Richards, Bay Area market president, Bank of America Corporation (NYSE:BAC) said, “With leadership from the East Bay Economic Development Alliance and the East Bay Community Foundation’s Workforce Development Fund, these nonprofits fill a critical need by providing career skills to an eager workforce and, eventually, connecting skilled workers with hiring employers.”

Bank of America Corp. (NYSE:BAC) shares were at 6.4 at the end of the last day’s trading. There’s been a -30.6% change in the stock price over the past 3 months.

Bank of America Corp. (NYSE:BAC) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 2.3
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.16
Zack’s Rank: 1 out of 15 in the industry