Bank of America official site www.bankofamerica.com
The Bank of America official site is https://www.bankofamerica.com.
You can also check the wikipedia article in https://en.wikipedia.org/wiki/Bank_of_America
The website contains detailed information about all the services provided by this bank. You can even schedule an appointment on the website.
To make the services even faster, you can download the Bank of America app to your mobile device.
The contact details are equally listed on the website so that the client can get in touch with the customer care agents very easily.
If you need the student banking services or the investing services of the bank, you can get directions on the home page on how to access the services.
You can equally get adequate information about how your small business can benefit from the services provided by the bank on the website.
Those who need auto loans or home loans can also visit the website for helpful information on how to find the right loans for their specific needs.
You can visit the help section of the website for many helpful resources.
You can login secure to the website through the following link:
You can sign in online with your id and password there. Both desktop and mobile login.
The Bank of America is abbreviated as BofA and it is one of the largest financial institutions in the United States today.
This American corporation is international in its operation and offers its banking services to different countries across the globe. It is a unique investment bank and its financial services are top-notch.
Its headquarters is in Charlotte, North Carolina. Also, the bank has its central hubs in several cities across the globe, including the following:
- Hong Kong
- New York City
The bank was started via the acquisition of Bank of America through Nations Bank in 1998. Today, the bank remains the second largest of all the banking institutions in the United States behind JPMorgan Chase.
It is one of the Big Four companies and its service meets the banking needs of up to 10.73% of the American population. The bank currently competes with other banks, like:
- JPMorgan Chase
- Wells Fargo
Its activities are focused on:
- Investment banking,
- Wealth management
- And the usual commercial banking services.
The Bank of America is traded on the New York Stock Exchange as:
- NYSE: BAC
- S&P 500 component
- S&P 100 component.
Bank of America founded in February of 1784, with its maiden name Massachusetts Bank.
The name changed to Bank of Italy on October 17, 1904, and later changed to Bank of America after Nationsbank acquired it in September 1998.
Bank of America boasts of up to 4600 retail financial centers spread across the globe and also has up to 15,900 ATMs in different cities across the globe. Its various services are below:
- Consumer bank
- Credit cards
- Corporate banking
- Wealth management
- Private equity
- Private banking
- Mortgage loans
- Investment banking
Bank of America can boast of up to 205,000 employees as of 2019 and also has several divisions.
The bank has a total revenue of $91.24 billion in 2018 with an operating income of $34.60 billion, as well as, a Net Income of $28.14 billion. Its total assets, on the other hand, were $2.325 trillion and its Total Equity was $264.74 in 2018.