Bank of America Names Maria Serravalle as Community Relations Manager
Rhea-AI Summary
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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News Market Reaction – BAC
On the day this news was published, BAC declined 1.00%, reflecting a mild negative market reaction.
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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
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.
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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
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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
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SOURCE Bank of America Corporation