Black and Hispanic workers make headway as bank managers, but white people still dominate executive level jobs
Mechelle Jacobs is a rarity in her profession and the community she serves.The 53-year-old Black woman is a Bank of America financial center manager in Gilbert, Arizona, a booming, wealthy suburb east of Phoenix.Black women, like Jacobs, account for just more than 4% of all management jobs among six of the largest U.S. banks, according to employment records obtained and compiled by USA TODAY. Further, she leads a branch in a community of roughly 250,000 residents where 73% of the population is white. That’s 13 percentage points higher than the national average, according to data from the U.S. Census Bureau. Further, just 3% of Gilbert residents are Black, compared to 12% of the nation.
Diversity in the financial sector, USA.