BofA Commits Over $1 Million to Support Texas Flood Recovery
Bank of America is committing over $1 million in new funding to support flood recovery in Central and South Texas, including $1 million for LiftFund to help small businesses stabilize and $50,000 for the American Red Cross, bringing its total regional flood support to $3 million.
Why it matters — The commitment highlights Bank of America's community and disaster-relief engagement in Texas, reflecting its corporate responsibility efforts in its operating regions.