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2024 Business Owner Report

This year’s survey explores the perspectives, aspirations and outlooks of small and mid-sized business owners across the U.S.

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Michael Borello is a Senior Vice President and Senior Relationship Manager for the Long Island Market in Commercial Banking at Bank of America Merrill Lynch. In this capacity, his responsibilities include leading a team of specialists focused on understanding each client’s unique needs to deliver strategic financial guidance and solutions. Michael’s mission is to help local companies thrive by achieving their business goals, no matter how simple or how complex.

Bringing over 25 years of experience, Michael joined Bank of America Merrill Lynch in 2012.  He has also served as a Small Business Market Manager for both Chase bank and here at Bank of America Merrill Lynch. He started his career at Chase Bank where he served as a Small Business Banker and Commercial Banker here on Long Island.  Throughout his career, Michael has served mid-size companies throughout Long Island to support their short term and long term commercial banking needs.

Michael strives to create a sustainable future for the communities and companies he serves.  Michael volunteers with several not-for-profit organizations focused on hunger insecurity and home ownership, most recently working with Long Island Cares and Habit for Humanity.

Originally from the Long Island’s South Shore, Michael graduated from the University of Connecticut with a BS, and resides in West Islip, NY with his wife and three children.


    • General industries
    • Government Contractors
    • Manufacturing
    • Restaurant/Food Industry
    • Wholesale Trade

Meet the Team

With access to the global resources of Bank of America, our team is comprised of talented and experienced individuals committed to building strong client relationships based on trust and personalized service.

Jacqui Rudden

Senior Vice President

Treasury Sales Officer

Yamiley Darius

Assistant Vice President

Sales Support Associate

Bank of America Business Banking

As you work to take your business to the next level in an environment where business and technology sophistication are critical to having a competitive edge, you need a local banking partner who has your long-term interests at heart.

Bank of America is that local advocate. We work closely with you to understand your business goals. We then draw on our Bank wide resources, technology and experience to generate ideas and solutions that will propel your business further.

With Bank of America Business Banking by your side, you can be assured your business has the power to grow and thrive.

You can benefit from:

Local Relationship Managers who are your advocates and bring the Bank’s resources to you as a seamlessly integrated, dedicated team

Comprehensive commercial banking platform with full range of products and technology, backed by Bank of America’s strength and stability

Access to bank-wide services beyond business banking, to manage both your business and personal wealth

Let's have a conversation.

There is no substitute for a one-on-one relationship with a Bank of America relationship manager who is committed to your needs. Request an appointment today.