BANK OF AMERICA

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Consumer Banking

5/13/13 5:00 am EDT

As Americans continue to regain confidence following the economic downturn, Bank of America’s latest Merrill Edge Report is showing that mass affluent investors are buckling down, making retirement a greater priority and cutting debt in favor of long-term investments.

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4/9/13 5:00 am EDT

Bank of America and Khan Academy today announced a financial education collaboration that will provide both bank customers and non-customers alike free, self-paced, easy-to-understand resources to develop better money habits. These resources will be available on a new website, BetterMoneyHabits.com, which will incorporate educational content from Khan Academy and Bank of America and be promoted throughout Bank of America’s vast network. more...

4/4/13 5:30 am EDT

Bank of America today announced the launch of its newest banking innovation, ATM with Teller Assist. This next-generation banking offering combines the technology and convenience of an ATM with the human touch of a teller.

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3/19/13 5:00 am EDT

As part of its long-standing commitment to customers with visual impairments, Bank of America announced today that it is enhancing the accessibility of its award-winning Online and Mobile Banking security features.

Bank of America’s security features allow customers to safely access their accounts from home computers and mobile devices. The accessibility enhancements announced today will apply to both Online and Mobile Banking on more...

3/4/13 4:30 am EST

Bank of America today introduced the BankAmericard® Better Balance Rewards™ card - a new credit card that rewards customers with up to $100 annually for responsibly managing their monthly credit card payments. The new card will be available in banking centers and online beginning this week.

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2/14/13 4:00 am EST

Bank of America today introduced Merrill Edge® Roadmap™1, a new way to help mass affluent clients pursue their financial goals through personalized advice and guidance from a licensed Merrill Edge Financial Solutions Advisor™. Merrill Edge Roadmap provides a simple way for clients to understand their current financial situation, document their financial goals, and create an action plan to help them pursue those goals. more...

1/22/13 4:00 am EST

Bank of America today announced that Merrill Edge call centers have been recognized by J.D. Power and Associates for providing “An Outstanding Customer Service Experience” for the second year in a row.

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12/4/12 4:00 am EST

In an effort to motivate Americans to save for their retirement, Merrill Edge® today introduced Face Retirement, a social tool that ages a picture of consumers, enabling them to see how they will look years down the line.

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11/13/12 6:24 am EST

Bank of America Merchant Services, the No. 1-rated electronic payments processor in the U.S.1, today announced the upcoming release of Mobile Pay on Demand.

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11/3/12 8:45 am EDT

Bank of America has mobilized approximately 1,000 of its small business relationship bankers to reach out to thousands of their customers impacted by Hurricane Sandy this week.

“We are making every effort possible to connect with our customers in the affected areas,” said David Darnell, Bank of America, co-chief operating officer. “These are our customers, we know them, and we are in a good position to help them assess their immediate more...

10/30/12 1:06 pm EDT

The Bank of America Charitable Foundation today announced it will donate $1 million to support relief efforts in the wake of Hurricane Sandy including $500,000 to the American Red Cross Hurricanes 2012 fund. As relief efforts evolve in the coming weeks, the remaining $500,000 will be directed to national, regional and local nonprofits to support long-term recovery needs.

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10/24/12 5:00 am EDT

Indicating a more stable outlook for one of the fastest growing segments of the economy, concerns about retirement and the cost of health care declined from six months ago among mass affluent Americans (consumers with $50,000-$250,000 in investable assets) according to the Fall 2012 Merrill Edge Report.

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8/29/12 5:00 am EDT

As part of its ongoing commitment to clarity, Bank of America today announced it is launching new Checking Clarity Statements that provide information about key fees and policies for each consumer and small business checking account in a clear and easy-to-read two-page format.

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8/21/12 6:00 am EDT

Bank of America has launched a new microsite in partnership with Susan G. Komen™, Everyday Portraits, which transforms a picture and a story into a one-of-a-kind portrait that allows users to honor anyone who has fought or is fighting breast cancer.

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8/14/12 6:00 am EDT

Bank of America today announced national availability of its online and mobile cash back deals program, BankAmeriDealsTM. With a simple click of a button or tap on the screen, customers choose the deals they want through Bank of America’s Online Banking and Mobile Banking app. more...

7/26/12 11:00 am EDT

Bank of America today launched new mobile banking products and service enhancements including Mobile Check Deposit, Person-to-Person Email and Mobile Transfers and Mobile App Alerts.

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7/23/12 5:30 am EDT

Bank of America today announced that it is rolling out chip technology on many of its consumer credit cards. The new chip technology will increase acceptance and security of the cards for international travelers.

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5/29/12 6:00 am EDT

Bank of America announced today that Merrill Edge will launch a new program that offers parents and caregivers in mass affluent families the advice and guidance to help prepare them financially to take care of a loved one with special needs, while managing their own long-term goals.

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5/23/12 12:01 pm EDT

More customers choose Bank of America to bank on-the-go than any other bank. Over 10 million Bank of America customers are now using mobile banking, representing growth of nearly 3 million active users over the last 12 months.

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5/8/12 6:00 am EDT

Bank of America today announced that it is launching three new travel rewards credit cards that give consumers and small businesses the flexibility to use points to pay for a variety of travel expenses, including flights, hotels, vacation packages, cruises, rental cars and more.

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4/26/12 5:30 am EDT

Fifty-seven percent of working mass affluent Americans expect to retire later than they planned a year ago, according to the latest Merrill Edge Report. This shows a 36 percent increase from January 2011. The report, released today by Bank of America, is a semi-annual quantitative and qualitative study of the financial concerns and priorities of the mass affluent (consumers with $50,000-$250,000 in investable assets). more...

5/21/13 9:00 am EDT

NEW YORK--(BUSINESS WIRE)--Bank of America today announced the launch of Merrill Edge® Select Portfolios, a new investment offering more...

5/21/13 9:00 am EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America today announced that Merrill Edge call centers have been recognized by J.D. Power and Associates for providing “An Outstanding Customer Service Experience.”

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5/21/13 9:00 am EDT

NEW YORK--(BUSINESS WIRE)--Bank of America today announced new enhancements to the Merrill Edge® self-directed investing platform, including a simplified pricing structure for self-directed clients, a new streaming trading platform called Merrill Edge Market Pro, and additional more...

5/21/13 9:00 am EDT

LOS ANGELES--(BUSINESS WIRE)--Bank of America today announced it is hiring more than 160 Merrill Edge Financial Solutions Advisors (FSAs) across Southern California and Arizona by the end of first quarter 2012. This includes hires in Los Angeles, San Diego, Orange County and Phoenix, and will bring the total number of FSAs in banking centers to more than 250 in that region. In addition, 110 FSAs are also located in the Merrill Edge Advisory Center in more...