What do the Golden Gate Bridge,
The Transcontinental Railroad
And the Panama Canal have in common?
They’re all part of our history..
On screen copy:
Bank of America logo
Bank of America Private Bank logo
At Bank of America Private Bank, we’re proud of our legacy institutions, who share a centuries long commitment to give lasting meaning to our clients’ wealth.
On screen copy:
US Trust Seal
Continental logo
NationsBank logo
Seafirst logo
BankAmerica logo
FleetBoston Financial
Barnett Bank
Boatmen’s logo
Security Pacific Corporation logo
MNC Financial logo
First Republic Bank logo
LaSalle Bank logo
Since the founding of our earliest predecessor,
On screen copy:
1784
The Massachusetts Bank
We’ve grown, rebuilt, and evolved many times, but our core values have remained unchanged throughout our history.
As the first trust company to be founded in the United States,
On screen copy:
1853 New York
United States Trust Company of New York
We set the standard for all other trust companies to follow.
On screen copy:
1857 Chicago
Merchants Savings Loan and Trust Co.
After the great Chicago Fire, we helped rebuild the city, demonstrating our commitment, brick by brick, to local communities.
It’s a commitment we’ve continued over the years and across the country.
On screen copy:
1867 Providence
Rhode Island Hospital Trust Co.
From founding the Rhode Island Hospital Trust, a Civil War-era community health endeavor,
On screen copy:
1890 Boston
The Old Colony Trust Company
To safeguarding client funds during economic downturns,
On screen copy:
1901 Charlotte
The American Trust Company
To fueling the textile industry in Charlotte and the new south,
On screen copy:
1920’s Los Angeles
And helping women investors safeguard their assets,
Our legacy banks helped power positive social, cultural, and economic growth.
On screen copy:
1930’s Hollywood
We did it in 1930’s Hollywood by supporting and financing the film industry during the Great Depression.
On screen copy:
1955
Invention of ERMA, the world’s first banking computer
Our ongoing commitment to technological advancement helped clients make the most of post-war opportunities.
On screen copy:
1960’s
And we expanded services,
On screen copy:
Trust Company of Florida
Orlando 1972
Provided the lead for interstate banking,
On screen copy:
1980s Expansion into Texas
Expanded geographically,
On screen copy:
Rhode Island centralized Private Banking
1982
And were among the first to introduce Private Banking as a capability.
On screen copy:
1998 The New Bank of America Announcement
We serve the needs of wealthy individuals across the nation through the hard work, dedication, and passion of our predecessors.
On screen copy:
US Trust logo
Bank of America Private Bank logo
We’re proud to deliver all of our capabilities as Bank of America Private Bank.
We’ve come a long way since 1784. We’ve maintained our focus on the needs of our clients and commitment to innovation…and today, we are Bank of America’s Private Bank, coming together to help our clients give lasting meaning to their wealth. For their families...their businesses... their communities...and the world.
On screen copy:
Bank of America Private Bank logo
Disclosure:
IMPORTANT INFORMATION
Opinions expressed herein are those of the featured participants, and may differ from those of Bank of America Corporation and its affiliates. The information presented in this video is for discussion purposes only and is not intended to serve as a recommendation or solicitation for the purchase or sale of any type of security. This video does not constitute investment advice and is issued without regard to specific investment objectives or the financial situation of any particular recipient.
This video is designed to provide general information about ideas and strategies. Always consult with your independent attorney, tax advisor, investment manager, and insurance agent for final recommendations and before changing or implementing any financial, tax, or estate planning strategy.
Investment products:
Are Not FDIC Insured
|
Are Not Bank Guaranteed
|
May Lose Value
|
Bank of America Private Bank operates through Bank of America, N.A., and other subsidiaries of Bank of America Corporation. Bank of America, N.A. and U.S. Trust Company of Delaware (collectively the “Bank”) do not serve in a fiduciary capacity with respect to all products or services. Fiduciary standards or fiduciary duties do not apply, for example, when the Bank is offering or providing credit solutions, banking, custody or brokerage products/services or referrals to other affiliates of the Bank.
© 2019 Bank of America Corporation. All rights reserved. 4306597 | 2/14/2023
