BofA Names Sherri Anderson President of Inland Empire

ONTARIO, CA - Bank of America has named Sherri Anderson, Consumer Investments region executive director for Southern California, as president of Bank of America Inland Empire. As president and head of the market, Sherri will connect clients, teammates, and communities to the full power of the company and drive integration across the bank's eight lines of business. She will oversee the company's efforts to grow market share by fostering local partnerships and create meaningful opportunities to develop relationships within the community.

"Throughout her career with Bank of America, Sherri has established deep relationships with teammates, clients, and the community to deliver responsible growth," said Brian Moynihan, Chair of the Board and Chief Executive Officer, Bank of America."Sherri is well positioned to continue to grow our market share in the Inland Empire, delivering the full breadth of Bank of America's capabilities to help our local clients improve their financial lives."

With more than 25 years of experience in financial services, Sherri began her career at Bank of America in 2019 with Consumer Investments, which offers clients access to Merrill's industry-leading technology through Merrill Edge® Self-Directed, Merrill Guided Investing, and Merrill Guided with an Advisor, in addition to thousands of Financial Solutions Advisors in locations across the country.

Born and raised in Riverside, Sherri gives back to the Inland Empire community, having served on the boards of Feeding America and Youth Action Project, and on the Corporate Advisory Council of the National Latina Business Women's Association of the Inland Empire. She holds a B.S. degree in Accounting from Riverside's California Baptist University (CBU). She is also a Certified Investment Management Analyst (CIMA); Accredited Wealth Management Advisor (AWMA); Chartered Retirement Planning Counselor (CRPC); and holds several licenses with Financial Industry Regulatory Authority (FINRA).

Having served the Inland Empire for nearly 100 years, Bank of America has 1,900 employees, 65 financial centers with $18.4 billion in consumer deposits across both counties, along with over $1.5 billion in lending to local companies. BofA also awards nearly $2 million in philanthropic grants to local Inland Empire nonprofits annually with employees volunteering 28,000 hours to local causes this year alone.

Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million consumer and small business clients with approximately 3,600 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

Colleen Haggerty, Bank of America
Phone: 1.213.621.7414
[email protected]