He is a graduate of Georgia State University, where he earned a bachelor of arts degree in finance from J. Mack Robinson College of Business. J. Mack Robinson started Bank of America's rival, Wachovia Bank. The college is located in a former C&S Bank building (now Bank of America). He is also a graduate of the executive program at Stanford University.
Lewis was named "Banker of the Year" in 2001, and was the same year honored as "Top Chief Executive Officer," according to US Banker. In 2007, Lewis was listed among Time Magazine's 100 Most Influential People in The World.