Bank of America announced Tuesday, Nov. 10, that Steven Jackson has joined the company as vice president of business banking, helping small and mid-sized businesses grow by providing financial guidance, managing cash flow and connecting business clients with solutions and resources.
“The Bank of America Memphis team is proud to welcome Steven in his new role,” said Trevia Chatman, president, Bank of America Memphis. “This is a city of entrepreneurs and having an experienced banker like Steven join our team is a demonstration of our continued investment in growing and serving the small business community in Memphis.”
Bank of America is the nation’s number one small business lender, including $53 million inloans to small businesses and $445 million in commercial banking loans to Memphis businesses. Since 2020, Bank of America has invested $7.1 million in Memphis through grants to local nonprofits, employee matching gifts, sponsorships and other investments.
Jackson’s tenure with Bank of America began in 2019 as a financial center manager, where he built and led a team of financial center employees and coached bankers. He also previously served as a branch manager for both Regions Bank and Wells Fargo.
Before returning to Bank of America, Jackson served as the vice president and commercial lender at BankTennessee. In that role, Jackson managed loan portfolios, including renewals, modifications, updated credit analysis, collections and portfolio monitoring.
Jackson has a bachelor’s degree in business administration, with a minor in economics and finance, from Middle Tennessee State University.
