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Bank of America Names Maria Serravalle as Community Relations Manager

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Bank of America (NYSE: BAC) named Detroit native Maria Serravalle as Community Relations Manager for the Detroit market, effective Oct. 21, 2025. Serravalle succeeds Dwanette Williams, who moved to Employee Banking & Investments. Serravalle has been at the bank since 2008, led affordable lending, financial education, and community investment efforts, and for the past 10 years helped run Community Homeownership Commitment programs.

She holds an accounting degree from Alma College, is a Cass Technical High School graduate, and has board roles with Habitat for Humanity Detroit and other local groups. The bank serves nearly 70 million clients and ~3,600 retail centers.

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On the day this news was published, BAC declined 1.00%, reflecting a mild negative market reaction.

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DETROIT, Oct. 21, 2025 /PRNewswire/ -- Detroit native Maria Serravalle has been named Bank of America's Community Relations Manager for the Detroit market.

As Community Relations Manager, Serravalle will lead efforts to strengthen the bank's impact across clients, colleagues, and communities. She succeeds Dwanette Williams, who has taken on a new role with Bank of America's Employee Banking & Investments team.

"Maria brings not only deep experience, but also a genuine passion for helping people in the City of Detroit and the entire Metro Detroit community thrive," said Star Crawford, Senior Vice President and Market Executive, Bank of America Detroit. "We are grateful for her dedication and excited to see the positive impacts she will continue to make on our clients, teammates, and in our communities."

Serravalle has been with Bank of America since 2008, holding several leadership positions that advanced affordable lending, financial education, and community investment — with a focus on advancing economic mobility in low-to-moderate income communities. For the past 10 years, Maria has helped educate the community about financial literacy and sustainable home ownership through the Bank's Community Homeownership Commitment programs.

In Detroit, she has been a visible leader through volunteer service, including vice president of the board at Habitat for Humanity Detroit and advisor to the Hispanic/Latino Organization for Leadership & Advancement (HOLA). Serravalle has also served as a board member for Sowing Empowerment & Economic Development, Inc., and as the Better Money Habits Champion Lead for Detroit. Serravalle is a Cass Technical High School graduate, who grew up in Southwest Detroit.

She graduated from Alma College with a degree in accounting.

Bank of America
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.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

Reporters may contact
Matt Myftiu, Marx Layne & Company
Phone: 1.248.855.6777
mmyftiu@marxlayne.com

Naomi R. Patton, Bank of America
Phone: 1.646.855.4266
naomi.patton@bofa.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/bank-of-america-names-maria-serravalle-as-community-relations-manager-302589967.html

SOURCE Bank of America Corporation

FAQ

Who is Maria Serravalle and what role did Bank of America (BAC) name her to on Oct. 21, 2025?

Maria Serravalle was named Community Relations Manager for the Detroit market on Oct. 21, 2025.

Who did Maria Serravalle succeed as Bank of America (BAC) Detroit Community Relations Manager?

She succeeded Dwanette Williams, who moved to the bank's Employee Banking & Investments team.

How long has Maria Serravalle worked at Bank of America (BAC) and what areas has she led?

Serravalle has been with the bank since 2008 and has led affordable lending, financial education, and community investment efforts.

What community programs has Maria Serravalle led in Detroit for Bank of America (BAC)?

For the past 10 years she helped educate on financial literacy and sustainable homeownership through the bank's Community Homeownership Commitment programs.

What local volunteer and board roles does Maria Serravalle hold in Detroit?

She has served as vice president of the board at Habitat for Humanity Detroit, advisor to HOLA, and board member of Sowing Empowerment & Economic Development, Inc.

How large is Bank of America (BAC) in consumer reach and retail footprint mentioned in the announcement?

The bank serves nearly 70 million consumer and small business clients and operates about 3,600 retail financial centers.
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