Bank of America, CVS Health Deliver Free Flu Vaccine Vouchers

DETROIT – As part of Bank of America’s $1 billion four-year commitment to advance racial equality and economic opportunity, the company has announced a partnership with CVS Health to fund a no-cost flu voucher program for under-resourced in Detroit, including Black/African American, Native American and Hispanic-Latino populations, and senior citizens without access to low or no-cost preventative flu shots.

Detroit area nonprofits partnering to disseminate the free flu voucher program are: Gleaners Community Food Bank, United Way for Southeastern Michigan, Say Detroit Family Health Clinic, Neighborhood Service Organization, Detroit Rescue Mission Ministries, Catholic Charities, Global Detroit, Salvation Army, SER Metro, and Lighthouse.

Bank of America has also provided personal protective equipment (PPE) to support the mitigating positive coronavirus cases. In Detroit, 350,000 masks and 25 cases of sanitizer have been distributed to United Way of SE MI for helping small, community and neighborhood organizations and Detroit Economic Growth Association to support small businesses to stay open and Henry Ford Health System to protect front line workers in the height of the pandemic.

Nationally, the bank has donated more than 15 million personal protective equipment masks and more than 7,000 cases of sanitizer to the most vulnerable populations by partnering with local organizations across the country. In the coming weeks, an additional 5 million masks, 2.5 million pairs of gloves and 160,000, 8-ounce bottles of hand sanitizer to communities most impacted.

“We are committed to working across the private sector as one global community to address this health crisis and to provide resources to protect our most vulnerable populations,” said Matt Elliott, Michigan market president, Bank of America. “Offering access to free flu prevention complements our other health-focused efforts including providing PPE, supporting community-based testing and care and addressing food insecurity.

The flu voucher program has also been rolled out in six other cities, including Dallas, Jacksonville, Oklahoma City, Phoenix, Boston and Greater Washington, D.C.

Bank of America’s partnership with CVS and additional PPE donations build on the company’s ongoing health and healthcare-focused investments in the communities it serves. To date this year, the bank has invested more than $100 million in local communities to address challenges brought on by the coronavirus, including more than $5 million to metro Detroit’s most vulnerable communities.

Recent Bank of America announcements focused on racial equality, diversity and inclusion, and economic opportunity include:

· Bank of America Gives 21 Higher Education Institutions $1 Million Each as Part of Recently Announced $25 Million Jobs Initiative

· Ten Completed Equity Investments in Minority Depository Institutions and Community Development Financial Institution Banks

· $2 Billion Equality Progress Sustainability Bond

· Universal ESG Reporting; International Business Council of World Economic Forum

· Recognition as Top Global Bank on Fortune’s “Change the World” List

· $300 Million of Its $1 Billion, Four-Year Commitment to Advance Racial Equality and Economic Opportunity

· Support of Boys & Girls Clubs of America With $1 Million Grant to Support Educational Programs

· $1 Billion/Four-Year Commitment to Support Economic Opportunity Initiatives

· $250 Million in Capital and $10 Million in Philanthropic Grants to Community Development Financial Institutions (CDFIs)

Bank of America

At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Learn more at about.bankofamerica.com, and connect with us on Twitter (@BofA_News).

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