Colleen Matteson

Colleen Matteson

Power 100 list

Colleen Matteson

Rochester Market President, Bank of America

colleen-matteson-2019Years in current role: 10

What’s the most important lesson you’ve learned in your career?

Having mentors throughout your life is critical to success both personally and professionally. Life mentors can positively influence us and even change our long-term future. Mentors will support you after a setback, believe in you more than you do and can provide you with honest feedback. More rewarding is being a mentor to another individual and giving back. I serve as a mentor for teammates across Bank of America as a member of the Women’s Exchange network dedicated to promoting professional women’s development. I take great pride in extending my hand to help pull other women forward.

What’s been your biggest success?

Being the first female promoted to Market President in Rochester for Bank of America. In addition to connecting businesses, families and individuals to the banking and investment teams across the firm, I also lead the bank’s strategy across the market to address social and economic concerns and build stronger communities. I am extremely proud of how Bank of America continues to respond to the health crisis and racial injustice. We recognize that we all must do more to address the very real consequences of systemic racism that exists in our society today.

What are your hopes for the Rochester community this year?

In 2021 I am hopeful that we can address and remove barriers to racial equality and economic opportunity. Our community faces challenges of extreme poverty, homelessness and youth trafficking. This pandemic and humanitarian crisis along with the racial injustices we have witnessed has brought us together as a company and community. My hope is that our community can begin to heal and thrive. I am looking forward to collaborating with key stakeholders in our community to build upon the tremendous work started to create community cohesion and resilience as well as real lasting change.

This profile is part of Rochester Business Journal's Power 100 list for 2021. Information used in this profile was sourced from the honoree. View the full list at