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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 ...
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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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BofA Securities, Inc., [1] previously Bank of America Merrill Lynch ( BAML ), is an American multinational investment banking division under the auspices of Bank of America. It is not to be confused with Merrill, the stock brokerage and trading platform subsidiary of Bank of America. It provides services in mergers and acquisitions, equity and ...
Monthly maintenance fee: $25 or $0. Bank of America also offers a savings account — Bank of America Advantage Savings — though it requires an opening deposit of $100. To hit that coveted “$0 ...
Chairman and CEO of BofA. Spouse. Susan Berry. Children. 3. Brian Thomas Moynihan (born October 9, 1959) [1] is an American lawyer, investment banker and businessman who is the chairman and CEO of Bank of America. He joined the board of directors, following his promotion to president and CEO in 2010. [2] [3] [4]