A legacy of service, a commitment for today: Supporting the U.S. military community

For 250 years, U.S. military members have served the country in a wide range of roles and moments. As the country approaches this milestone anniversary, Bank of America is reflecting on its longstanding role in supporting those who serve, as well as veterans and their families.

For more than a century, that support has included helping meet the unique financial needs of the military community. During key moments of the 20^th century, efforts ranged from nationwide bond drives to local collection campaigns, helping provide practical resources to clients and communities when they were needed most.

More recently, our support has expanded to include career opportunities, transition support and community-building programs. Last year, we committed to hiring 10,000 more individuals with military backgrounds by 2030 and announced a $350,000 grant to American Corporate Partners to support mentorship and career development for veterans and military spouses.

Take a look at some key moments from our history of helping service members, veterans, and their families.

People line up to purchase Liberty Loan bonds at legacy Security Trust and Savings Bank in Los Angeles to help finance America’s participation in World War I.

Bank of America first offered financial services to military members inside Fort Sam Houston in San Antonio, Texas in 1920.

This U.S. Treasury Department document reflects a $20,000 payment made by legacy institution The Massachusetts Bank as part of a larger $50 million bond issue to finance the Civil War.

In 1946, Bank of America launched the Vet-Loan Plan to support returning World War II veterans transitioning to civilian life.

Explore more milestones on our About Us website that reflect how our company’s proud efforts in service to people and communities have played a role supporting American growth and opportunity throughout history.