Editor's Note: The following press release was sent by a public relations agency working with Bank of America.
Bank of America announced Wednesday that it has hired more than 70 small business bankers throughout Northern California to provide guidance to local small business owners, including one for the San Bruno branch. The additions are part of the company’s previously announced plan to hire approximately 1,000 small business bankers nationwide.
Through a relationship with a Bank of America small business banker, clients will have convenient access to local small business expertise and a dedicated resource who knows their business. Small business bankers will consult with small business owners at their place of business and assess their deposit, credit and cash management needs.
These new hires will support the unique needs of small business owners across the following regions:
- Bay Area – 31 hires
- Fresno Area – 14 hires
- Sacramento – 14 hires
- San Jose and Monterey Bay – 15 hires
Findings from the recently released Bank of America Small Business Owner Report, a semi-annual study exploring the concerns, aspirations and perspectives of small business owners across the country, revealed that only 27 percent of Bay Area small business owners consider themselves to be very financially savvy. The remaining respondents admitted to needing occasional or ongoing expert help.
“Northern California remains a hotbed for entrepreneurship and is cultivating some of the most inspired leaders in the smallbusiness segment,” Emily Shanks, small business banking region executive for the West division of Bank America, said in a statement. “As small businesses in the region continue to help drive our economy forward, our small business bankers will be there to provide them with the solutions they need to better manage their finances and run more efficiently.”
Valerie Sheibels will be the small business banker who will be serving small businesses in this area, the company said.