CHARLOTTE, NC (WBTV) - During talk of first quarter challenges due to interest rates and approving directors, Bank of America CEO Brian Moynihan was asked about the bank's stance on HB2 at the annual shareholders meeting in uptown Charlotte, Wednesday.
It was a question Moynihan had been asked before and he reaffirmed Bank of America's outlook on North Carolina's controversial law.
"We've been a leader in LGBT practices going back to the mid-90s when we first adopted practices that a lot of people didn't adopted until the recent past," said the CEO.
Moynihan said Bank of America is steadfast in their commitment to support the community and non-discrimination.
It was clear Bank of America's stance hadn't changed but Moynihan did comment on Gov. Pat McCrory's recent executive order.
"We're hopeful that the recent efforts by the Governor and dialogue will result in progress," said Moynihan. "We are clear and on the record that we believe the bill should be repealed."
The meeting lasted an hour and a half at the Hilton hotel uptown.