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The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded by the merger of NationsBank ...
Wikipedia is a free online encyclopedia that anyone can edit. This article provides information about Bank of America, one of the largest and most influential banks in the United States. Learn about its history, products, services, and online banking features.
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Hugh L. McColl Jr. (born 18 June 1935) is a fourth-generation banker and the former Chairman and CEO of Bank of America.Active in banking since around 1960, McColl was a driving force behind consolidating a series of progressively larger, mostly Southern banks, thrifts and financial institutions into a super-regional banking force, "the first ocean-to-ocean bank in the nation's history".
Cons. Bank of America continues to charge overdraft fees but in May 2022, the fees dropped from $35 to $10 per incident. The APY rates for checking and savings accounts are well under average ...
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These are the best online banks of 2021 for checking, savings and money market accounts, starting with our top pick. Editor’s note: APYs are accurate as of September 23, 2021. 1. Axos Bank. 5 ...