Bank of America was recently named a recipient of the 2013 Secretary of Defense Employer Support Freedom award, which is given to firms for their support of employees who also serve in the National Guard and Reserve.
“I commend and thank the 15 recipients of the 2013 Secretary of Defense Employer Support Freedom Award for providing exceptional support to our Citizen Warriors,” Defense Secretary Chuck Hagel said. “So many of our Nation’s employers are finding ways to contribute to our Nation’s security, but these employers stand out for their commitment to our Guardsmen and Reservists. They have the gratitude and thanks of the entire Department of Defense.”
Award winners are recognized based on their implementation and adherence to policies and initiatives that provide exceptional support to National Guard and Reserve service members. Last year, the bank set up the military affairs advisory group dedicated to establishing nationwide programs focused on supporting veterans and service members.
Additionally, the bank provides support to the military through contributions to service-oriented non-profit groups like the George W. Bush Institute Military Service Initiative and Wounded Warrior Project by providing banking services for members of the armed forces. Bank of America committed last year to make up to 1,000 properties available to local government programs and non-profit groups that provide housing for veterans and first responders.
“We recognize the unique skills and experiences that National Guard and Reserve employees bring to our company, and that’s why we place such value on attracting, developing and retaining them,” Andrea Smith, the global human resources executive at Bank of America, said. “We employ some 6,000 veterans, Guard and Reserve members, 1,600 of whom were hired last year. We’re working hard to increase that number, and the level of support we provide.”