SYRACUSE — Bank of America (NYSE: BAC) named a new Syracuse market president today.
Michael Brunner will work with company leaders throughout the region in his new role. He also leads the Central New York commercial banking team for Bank of America. He succeeds Mark Cuppernull, who is now based in North Carolina as a senior vice president and business banking senior client manager.
Brunner will also oversee corporate social responsibility activities including philanthropy, community development lending and investing, environmental initiatives, diversity efforts, arts and culture projects, and employee volunteerism, according to the bank. He serves on the bank’s northeast middle market executive council.
(Sponsored)
The Influence of Economic Uncertainty on Business Value
Businesses face uncertain conditions today, including geopolitical and cybersecurity risks, inflation concerns, environmental issues, and a lack of clarity about future tax laws and interest rates. Here’s an overview of
Why Now Is the Time To Start Planning for Your Company’s Business Succession
You’ve built a great business, and you love what you do. Retirement is a long way off, so why worry about how you’ll transition the ownership of your company down
“Mike has an intimate understanding of the Central New York business community thanks to nearly three decades spent serving clients in the region,” Bank of America CEO Brian Moynihan said in a news release. “He also has a history of civic leadership at the local level, which is a critical part of this role.”
Brunner earned his bachelor’s degree from Hamilton College and a master’s degree in business administration from Rensselaer Polytechnic Institute.
Bank of America has more than $2.1 trillion in assets and 5,500 branches around the country.
The bank is sixth in the Syracuse metro area deposit market with 16 branches, $716.9 million in deposits, and deposit market share of 6.7 percent, according to the latest statistics from the Federal Deposit Insurance Corp. Bank of America is number three in the Utica-Rome metro area with 11 branches, $411.5 million in deposits, and a market share of 11.1 percent.
Contact Tampone at ktampone@cnybj.com
