The definition of success is changing in Dallas/Fort Worth and across the country. Almost three-quarters of both Dallas/Fort Worth residents and Americans believe being able to provide for family is most essential to defining success.

In comparison, monetary and career-focused advancements are seen as far less essential. In fact, only 13 percent of Dallas/Fort Worth residents say being a millionaire is essential to their definition of success, and 11 percent consider having an impressive resume more...

Compared to all Americans surveyed, Southern California residents believe their investment habits are more “successful” (57 percent versus 48 percent nationally) today than they were 10 years ago. Southern Californians also believe their investing habits have been more “responsible” (60 percent versus 54 percent nationally) and more “forward-looking” (57 percent versus 52 percent nationally) over the past decade.  

Bank of America today announced that its customers made more than 5 million Zelle^® transactions, totaling $1.5 billion dollars in October, up 90 percent from person-to-person (P2P) transactions for the same period last year. The move to cashless shows no signs of slowing. Bank of America also reached more than 2.5 million active monthly Zelle P2P users, and continues to add thousands of new users every day. more...

People would rather trip and fall in public than ask a friend to pay them back, yet many friendships end over the topic of money, according to a survey released today by Bank of America.

The Friends Again Report explores the impact of money on even the closest relationships. Its findings underpin why Bank of America has designated October 17 as “Pay Back a Friend Day” to demonstrate that no matter how long it’s been or how more...

Bank of America today announced a series of updates to its award-winning mobile app to further customize the user experience and continue its investment in innovation that improves the financial lives of its customers.

“With 23 million mobile customers and growing, improving the customer experience is always a top priority,” said Michelle Moore, head of digital banking at Bank of America. “By taking a customer-first approach to innovation, we continuously raise the bar to deliver new, more...

Bank of America [NYSE: BAC] and PayPal [NASDAQ: PYPL] today announced a strategic partnership that will soon enable Bank of America customers to transact with PayPal in stores and seamlessly link their Bank of America cards into PayPal.

The agreement will take effect immediately, with new experiences available to Bank of America customers in the first half of 2018 that will make it even easier for them to shop how, where and when they more...

Bank of America has launched new capabilities for mobile clients to complete the auto financing process with the company. Clients can now search for a car from participating dealerships – all on their mobile device or computer and before ever visiting a dealership. The program will begin with a pilot period in the Carolinas and expand across the country in a phased rollout that will continue throughout the year.

Boston homeowners are increasingly investing in their homes, as 78 percent look for ways to make it more valuable, and 59 percent spend a lot of free time working on their home.

Still, fewer than one in four experienced buyers in the Boston area say a home’s true value is determined by how much it cost to purchase, according to the second annual Bank of America Homebuyer Insights Report. This is fewer than homeowners nationally (33 percent) and any of the 10 markets surveyed. more...

For experienced buyers in the Chicago metro area, homeownership has clear sentimental value, according to the second annual Bank of America Homebuyer Insights Report. Nearly all (97 percent) Chicago homeowners say they are proud of owning their home, higher than any of the 10 local markets surveyed. Additionally, 92 percent say they treasure the memories they have made in their home, and 79 percent say their home is an extension of their personality. more...

Denver-area homeowners see value in buying early, even if that means putting their dream home on hold for now, according to the second annual Bank of America Homebuyer Insights Report. Forty-six percent of experienced local buyers say their current home is a stepping stone to their forever home, which is more than the national average (36 percent) and any of the 10 local markets surveyed. When sharing advice on the homebuying experience, nearly one in three Denver owners say buy a home sooner more...

First-time buyers in the Miami metro area place a significant emphasis on saving and see homeownership on the horizon, according to the second annual Bank of America Homebuyer Insights Report. Nearly three-quarters of aspiring buyers in the area cite saving for a home as a major priority, ahead of improving credit scores (71 percent) and saving for retirement (66 percent). This is more than the national average (45 percent) and higher than any of the 10 local markets surveyed. more...

Experienced buyers in the Phoenix metro area are more likely to view their home as a financial asset rather than an element of their personality, according to the second annual Bank of America Homebuyer Insights Report. When asked how to best describe their current home, more local homeowners (49 percent) than those nationally (36 percent) and any of the 10 markets surveyed said a financial investment. Fewer than three in 10 said a reflection of their personality. more...