Press Releases

8/21/19 9:00 am EDT

163 Million P2P Client Transactions Already This Year, Surpasses All of 2018

Bank of America today announced record-breaking person-to-person (P2P) payments use, as the company’s active Zelle® users have already completed more transactions this year than in all of 2018. In less than nine months, Bank of America clients sent and received a total of 163 million transactions, compared to 157 million transactions throughout 2018. As people increasingly turn to cashless solutions to move and manage their money, Bank of more...
8/19/19 3:24 pm EDT

Ranked Eighth Among 52 Companies Recognized in Annual List

Bank of America was number eight on Fortune’s annual “Change the World” list, which ranked 52 companies for innovative business strategies that positively impact the world. Bank of America is the top financial services firm on the list and was recognized for its work to address the affordable housing shortage across the country. In its profile of the company, Fortune noted that Bank of America was “solving a housing puzzle” through innovative lending, financing and partnerships. Between 2005 more...
8/12/19 2:00 pm EDT
Bank of America has named Business Banking Senior Vice President Andrew Diedrichsen the market president for Reno. As market president, Diedrichsen is responsible for connecting the banking and investment resources offered through the company’s eight lines of business to companies and households in Northern Nevada. He will also lead Bank of America’s deployment of capital and resources to address local social and economic concerns as part of the bank’s overall effort to help build stronger more...