W. Michigan Hispanic Chamber Appoints BofA Leader on Loan

The West Michigan Hispanic Chamber of Commerce has unveiled updated plans for its new 12,000 sq. ft. headquarters — the Center for Latino Economic and Talent Advancement. Set to break ground in early 2025, this development represents a significant milestone in the Chamber’s ongoing mission to support and empower the Latino community in West Michigan.

The new headquarters is designed by renowned architectural firm Rossetti with input from Latino business owners, college students, Chamber staff, board members, corporate partners, and representatives from local universities such as Grand Valley State University, Western Michigan University, Ferris State University, and Grand Rapids Community College. It will feature conference rooms, classrooms, event spaces, a community plaza, a pickleball court, a staff patio, and a beautiful garden. Thirty-three flags from Latin American countries will also be displayed as a visual representation of the diverse heritage the organization celebrates.

“The Center for Latino Economic and Talent Advancement is a symbol of the pride and aspirations of the Latino community in West Michigan,” said Guillermo Cisneros, president and CEO of the West Michigan Hispanic Chamber of Commerce. “This new headquarters will drive economic and talent growth, ensuring the Chamber remains a vital resource for years to come. We’re excited to see the community engage with the opportunities this space will offer.”

The Chamber also announced that Domingo Munoz, a senior leader at Bank of America in Grand Rapids, has been appointed as the Chamber’s interim Chief Operating Officer, as part of the bank’s Leader on Loan program. The program aligns the expertise of Bank of America employees with the strategic needs of local organizations to deepen the bank’s community impact.

Munoz will be fully dedicated to the nonprofit for 18 months, which represents a significant investment of time and executive talent that goes well beyond philanthropy by Bank of America in the Chamber and community. This commitment will support the Chamber as it drives meaningful organizational and community change in western Michigan.

“Our Leader on Loan program is a dynamic way for Bank of America to advance economic opportunity and mobility in the communities we serve,” said Renee Tabben, president, Bank of America Grand Rapids. “By placing our leaders in roles where their expertise can significantly amplify local efforts, we’re not only accelerating positive change within these vital organizations, but also gaining valuable insights into community needs. This program strengthens our partnerships, enhances outcomes, and provides our leaders with a unique opportunity for professional and personal growth, all while making a meaningful impact.”

Munoz brings over 18 years of experience in the banking industry, with 16 years in leadership roles, where he has successfully managed multi-million-dollar financial centers, driving operational excellence, client management, and team development. His deep understanding of the needs of Hispanic businesses, gained through his extensive work with Hispanic business owners at Bank of America, makes him a valuable addition to the Chamber as he steps into this new role.

“We are thrilled to welcome Domingo as our interim Chief Operating Officer through Bank of America’s Leader on Loan program,” said Cisneros. “Domingo brings a wealth of experience and leadership that will be invaluable to our organization as we continue to advance economic and talent development within the Latino community. His commitment and expertise will undoubtedly help drive the Chamber's mission forward, and we look forward to the contributions he will make during his time with us.”

Launched in 2017, the Leader on Loan program is an innovative way for the bank to invest in local communities, while maintaining its commitment to driving responsible growth and helping to advance economic opportunity in the communities where they live and work.

West Michigan Hispanic Chamber of Commerce:

Founded in 2004 by a group of Hispanic business leaders and owners, the West Michigan Hispanic Chamber of Commerce is dedicated to advancing the economic success of Hispanic-owned businesses and supporting the professional growth of Hispanics in West Michigan. Initially operating with the support of Grand Rapids Community College and Davenport University, the Chamber has grown significantly, establishing its own office in 2008 and expanding its team to meet the increasing demand for services. The Chamber continues to work collaboratively with all community members to foster economic advancement and empower the Hispanic community in the region. For more information, visit www.westmihcc.org.

Bank of America

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,800 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.