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  • 4/21/15 9:00 am EDT

    Teachable Moments Stick With Millennials, Result in Better Money Habits Saving for an Emergency Top of Mind; Long-term Saving Still Lags

    Millennials’ financial views and habits have been most influenced by their parents, but the Great Recession has also had lasting impacts on how millennials think about money, according to a Bank of America/USA TODAY Better Money Habits Millennial Report released today. Eight in 10 millennials believe their attitudes toward money were influenced “a lot” or “some” by their parents, with four in 10 saying parents influenced them “a lot” –more...
  • 4/16/15 4:30 pm EDT
    Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.05 per share, payable June 26 to shareholders of record as of June 5. The board also declared a regular quarterly cash dividend of $1.75 per share on the 7 percent Cumulative Redeemable Preferred Stock, Series B. The dividend is payable July 24 to shareholders of record as of July 10more...
  • 4/16/15 9:00 am EDT

    Sense of Responsibility for Employees’ Financial Well-being Driving Companies to Broaden Financial Educational Offering and Increase Accessibility

    The vast majority of companies (83 percent) today feel a sense of responsibility for the financial wellness of their employees, impacting the benefits, resources and financial education they offer, according to the latest Bank of America Merrill Lynch Workplace Benefits Report. Based on a nationwide survey of 1,020 companies of all sizes, key insights from the annual report include: Nearly three-quarters of plan sponsorsmore...
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Awards and recognition Bank of America has received from publications and organizations

BOFA_NEWS ON TWITTER

Three things to consider when starting your own business #SmallBiz http://t.co/pRB8PPjSZa via @Fortune-19 hours 24 min ago
RT @MONEY: 6 things millennials should do now that will pay off nicely later on http://t.co/mxmKgW9Bes-22 hours 5 min ago
RT @ABABankers: Mom and dad are #Millennials' go-to bank http://t.co/99AwOJfodZ via @usatoday @hadleypdxdc http://t.co/OGot9Lyuhq-1 day 41 min ago
When should parents start to share financial advice w/ children? #BetterMoneyHabits http://t.co/TfrqhFdfE5 http://t.co/jAuA1aTkfM-1 day 1 hour ago
Michelle Meyer, #BofAML deputy head of US Economics, will appear on @BloombergTV Street Smart w/ @adsteel today at 3:30pm ET-1 day 19 hours ago

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