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15th December 2016, 04:39 PM
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Join Date: Aug 2012
Re: Bank of America E Checking

Bank of America is an American multinational banking and financial services corporation headquartered in Charlotte, North Carolina.

As you asking I am telling Bank of America has introduced eBanking Checking Account which is a new banking solution for customers who prefer to bank through convenient electronic channels and receive their statements online.

Its eBanking is designed for customers who prefer the convenience and control of banking on their own schedule, whenever and wherever they choose, In eBanking customers who make deposits and withdrawals through Bank of America’s convenient electronic channels and receive online paperless statements pay no monthly maintenance fee, regardless of their account balance or number of transactions in a given month.

Bank profile :

Type Public

Traded as NYSE: BAC

S&P 100 Component

S&P 500 Component

Industry Banking, Financial services

Predecessor Bank America

NationsBank

Founded October 17, 1904; 112 years ago (as Bank of Italy)

February 1930; 86 years ago (as Bank of America)

1998; 18 years ago (current)

Founder Amadeo Giannini

Headquarters Charlotte, North Carolina, United States

Area served Worldwide

Key people Brian T. Moynihan

Chairman & CEO

Products Consumer banking, corporate banking, finance and insurance,
investment banking, mortgage loans, private banking, private equity, wealth
management, credit cards,

Revenue US$82.50 billion (2015)

Operating income US$21.89 billion (2015)

Net income US$15.89 billion (2015)

Total assets US$2.185 trillion (2016)

Total equity US$256.2 billion (2015)

Number of employees 210,516 (2016)

Divisions Bank of America Home Loans, Bank of America Merrill Lynch

Subsidiaries Merrill Lynch

U.S. Trust

Capital ratio 10.2% (2015)

Rating Long Term Senior

Moody's: Baa1 (10/2016)

S&P: BBB+ (10/2016)

Fitch: A (10/2016)


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