Christine K. Channels | Source | Head - Community Banking & Consumer Governance at Bank of America
Christine K. Channels
Christine is the Head of Community Banking and Consumer Governance at Bank of America. She is responsible for increasing financial resilience and creating economic mobility by making investments that align with the Community Reinvestment Act, Hispanic-Latino priorities, and technology initiatives. Additionally, Christine oversees consumer governance, responsible for designing and implementing operational excellence efforts in support of over 70,000 employees in retail, preferred, and small business to drive responsible growth, deliver client care, and foster a strong risk culture in an operationally sound environment.
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Bank of America
Head - Community Banking & Consumer Governance
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73% of Gen Z Say Economic Environment Has Made it More Challenging to Save; 75% Seeking Ways to Earn Additional Income
As Gen Z looks to establish their financial footing, the economic environment and inflation have posed new challenges in achieving their financial goals. This is according to new research published today by Bank of America's Better Money Habits exploring this generation’s (ages 18 to 25) distinct approach to money – including their financial priorities, behaviors and challenges.
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Gen Z is ambitious and enterprising, and taking positive actions as they join the workforce and make some of their first financial and career-driven decisions. Current economic and inflationary headwinds have created added challenges for many. Through our Better Money Habits platform, we're connecting these young adults to a wide range of resources and guidance designed to give them the skills, knowledge and confidence to succeed financially.