The banking institution has pledged $10 million to one of the leading private liberal arts Historically Black Colleges and Universities (HBCUs) in the South. According to a press release, the funds are a part of Bank of America’s Mayor’s Racial Equity Initiative in the Charlotte, NC region. It includes a $1.25 billion five-year commitment to create more economic opportunities and push racial equality within local communities. In an official statement, Kieth Cockrell, President of Bank of America Charlotte, said: “Our long-term relationship with JCSU has set the foundation for this critical moment – a