Bank of America pledges $1 million to Haiti assistance

CHARLOTTE, N.C. (Jan. 13, 2010) - Hendrick Motorsports partner Bank of America announced Wednesday a $1 million commitment to aid the victims of the earthquake in Haiti. The commitment includes a $500,000 grant to the American Red Cross for the Haitian Relief and Development Fund. "As the victims of this tragedy begin to rebuild their lives and their cities, they will need immediate assistance from individuals and organizations from around the world to address their immediate and long-term needs," said Anne Finucane, Global Chief Strategy and Marketing Officer for Bank of America. "As America's leading bank, we believe it is our responsibility to do our part to support the relief effort. Many of our associates, particularly in the South, have family and friends who were impacted by this disaster." As relief efforts evolve in the coming weeks, the remaining $500,000 contribution will be directed towards the long-term recovery efforts to restore basic medical services and fund the rebuilding of homes, schools and other structures critical to the affected communities. In addition, Bank of America will match associate pledges through the bank's Matching Gifts program and will not limit its overall relief donation.