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TheStreet Open House

Veteran Surprised With Keys To New Home As Bank Of America Completes 800 Home Donations To Nonprofit Organizations Serving Military Veterans And Their Families

Wounded Army Sergeant James Miller and his family received keys to a mortgage-free home in a surprise ceremony in Victorville, Calif., today, becoming the latest servicemember to receive a home donated by Bank of America through nonprofit organizations.

With today’s donation, Bank of America has donated more than 800 homes to military veterans and first responders via nonprofit organizations, and is well ahead of its three-year commitment to donate 1,000 properties. Announced in August 2012, Bank of America expects to reach its goal more than a year ahead of schedule. Sergeant Miller’s donation is in partnership with Homestrong USA.

“This weekend, as Americans pay tribute to those who have served and sacrificed for their country, we are honored to continue our support of veterans and their families through this unique home donation program,” said Ron Sturzenegger, Legacy Asset Servicing executive for Bank of America. “These donations help veterans like Sergeant Miller and his family build a strong foundation for their future, while improving communities across the country.”

Sergeant Miller enlisted in the army at the age of 17 with a parental release. He has participated in numerous campaigns and received multiple decorations including the Purple Heart for injuries sustained in Afghanistan. Now 28, he has been a soldier for one-third of his life. Sergeant Miller and his wife have four children ranging in ages from one to eight.

Bank of America partners with organizations that work closely with military veterans and their families to identify needs, such as housing. These organizations include Military Warriors Support Foundation, Operation Homefront, Purple Heart Homes, Homestrong USA, Habitat for Humanity, and the National Community Stabilization Trust.

Bank of America has supported the U.S. military for more than 90 years by contributing to military nonprofits, providing banking services to military service members, and recruiting and retaining military veterans, guard and reservists, and military spouses. Last year, the company formed the Military Affairs Advisory Group, which brings together partners from across the company to help servicemembers reintegrate into the civilian workforce through education, employment, wellness and housing. It builds on Bank of America’s long-standing support of military servicemembers across the country.

Bank of AmericaBank of America is one of the world's largest 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. We serve approximately 51 million consumer and small business relationships with approximately 5,200 retail banking offices and approximately 16,200 ATMs and award-winning online banking with 30 million active users and more than 14 million mobile users. Bank of America is among the world's leading wealth management companies and is a global leader in 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 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

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