Bank of America : Long Standing and Sacramento Proud

Greater Sacramento

February 15, 2018

Bank of America : Long Standing and Sacramento Proud

Competitiveness Council Members
• (left) Lori Rianda, Senior Vice President – Enterprise Business & Community Engagement
• (right) Kathie Sowa, Senior Vice President – Commercial Banking Executive – West Region

Why did you choose the Sacramento region to do business?

“Bank of America has a long and proud history in California including in the Sacramento region.  The region’s vibrant and growing market, and its strong agricultural, government, healthcare, education and tech sectors make it a great place to do business.”

What are the benefits of living and doing business in the Sacramento region?

“Quality of life is a wonderful benefit of this region.  The mild weather, diverse outdoor activities, arts and culture, and farm to fork focus give the area its vibrancy.  The real estate market affords opportunities for first time homebuyers as well as those looking for their dream home or retirement living; urban dwellings, suburban neighborhoods and rural properties, the region has it all.”

Do you believe your location in the Sacramento region has helped you find quality talent?

“Yes, having UC Davis, Sacramento State and University of the Pacific, along with two community college districts, in the region ensures we are recruiting terrific talent.  We look for recruits committed to the local market who fit with our purpose of making financial lives better for everyone in the community.”

Why do you choose to do business in California over other states?

“California is very important to our company and represents over 20% of our revenue which is why we have nearly 900 financial centers throughout the state; 68 of those right here in the Greater Sacramento region.”

What is your favorite restaurant or hangout spot in the Sacramento region?

“It’s too hard to pick a favorite spot with so many good choices available.  We enjoy the diversity of local restaurants, venues, art galleries and outdoor spaces throughout the region.”

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I moved from New York to Davis, CA to start FloraPulse. Logically, the area was perfect for an agtech startup. We are close to UC Davis, a world-class research institution, our customers (orchards and vineyards) and the Silicon Valley ecosystem. Furthermore, the cost of living is reasonable, and we have access to talent and great weather.