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 Home » Banks in USA » Bank of America » History

Bank of America History

Bank of America History as well as present shows that it is the leading commercial bank not only in USA but it is also well known across the world. It was established as Bank of Italy in 1904 by Amadeo Peter Giannini and his son in San Francisco, California. Bank of America history shows that at the time of establishment it was for the small farmers who had come from Italy. Today Bank of America provides unparalleled comfort and serves almost 59 million consumers. Bofa has headquarter in Charlotte, North Carolina. It has about 19,000 ATMs and 6,100 Retail Banking Offices. BofA also has branches in other parts of the world and its ATMs are working under the partnership with other banks. Bank of America Online Banking services are accessed by almost 24 million users. The stock of Bank of America (NYSE: BAC) is listed on the New York Stock Exchange.

Bank of America History Acquisitions

According to the Bank of America history, before 1998 it was known as NationsBank. But after the acquisition of San Francisco based BankAmerica, the corporation was renamed as Bank of America. With the passage of time many acquisitions and mergers have been done. US Trust, which is the wealth management subsidiary of Charles Schwab has also been bought by the Bank of America. This combination has made it the number one manager of private wealth. Today with all these historical mergers and acquisitions, BofA is also the member of the Federal Deposit Insurance Corporation. The following mergers and acquisitions took place before 1998 by BofA.
  • Getting hold of National Processing Company
  • Merger with FleetBoston Financial
  • Acquire MBNA
  • Purchase of US Trust
  • Acquisition of Countrywide Financial
Among the financial institutions, Bank of America is the largest in the world that serves individual consumer as well as large corporations. Wide variety of investing, banking, financial and risk management and asset management services are provided by the Bank of America. On the whole the bank provides the facility of Checking, Savings, Mortgages, Auto and Student Loans, Retirement Services, Online Banking, Insurance, Business Banking, Credit Cards, Investments, Global Corporate Credit, Capital Raising, Cash Management, Trade Services. Along with this, Bank of America services can be categorized in the following categories.
  • Personal Banking
  • Small Business Banking
  • Corporate and Institutional Banking
Services in Personal Banking:
  • Credit Cards
  • Mortgage
  • Auto Loans
  • Personal Loans
  • Insurance
  • Investment Services
  • Online Banking
  • IRAs are the investment schemes that comes under retirement plans
  • Home Equity
  • Retirement
Bank of America Global Consumer and Small Business Banking is the largest department of BofA. This also includes ATMs in other countries through the Global ATM Alliance. Small Business Banking has the following services.
  • Business Checking and Savings
  • Healthcare Practice Loans
  • Credit Cards
  • Online Banking Services
  • Automotive, dealer and marine services
  • Health insurance
  • Trade services
Bank of America also helps the small business to start, grow and flourish. Along with this the finances are also handled by the Bank of America. In the sector of Corporate and Institutional the following services are provided:
  • Asset Management
  • Card Solutions
  • Electronic Trading Services
  • Mergers and Acquisitions advisory
  • Private Equity Investments
  • Trade Services
  • Endorsed Programs
Along with all the services, the Bank of America gift cards are also in demand. Especial Visa Gift Cards are made for the business corporations. These business corps use these BofA Gift Cards to reward their employees for the outstanding performance and extraordinary work in their respective sectors. Besides this Bank of America GTC, Government Travel Cards are also very popular. GTC account once activated can also be operated online and to make payments through GTC customer can use BofA MyEasyPayment Website.

Bank of America is always open to new and innovative thoughts and this can be seen in the history of the banking services it is providing. Even today Bank of America iphone for online banking has become very hot and with this it has entered into the hip and Hitech world of technology. Along with this all the information pertaining to your account statement and account can be downloaded in the form of quickbook from the website. Online Banking provides simple and easy access to your account. Also Bank of America Free checking services allow free online banking, access to different online programs such as Keep the change, free access to your account for cash at different ATM centers.

Bank of America in India has branches in Bangalore, Mumbai, New Delhi, Calcutta and Chennai. In Latin American countries it is also known as BankBoston. The headquarters in US is in New York, for Asian countries the headquarters are divided between Singapore and Hong Kong and for European Countries Bank of America Headquarters are in London. Bank of America corporate buildings are there in many states of US that are known as that are known as Bank of America Tower, Building, Plaza, Corporate, corp etc.

Along with financial division, BofA is also there in other sectors of society. In sports the role cannot be neglected. Bank of America Stadium, Charlotte, NC and Bank of America Pavilion are very popular. Annually BofA also hosts many gaming events that include Chicago Marathon, Sprint Cup Series etc. For the social cause and for its duty towards the society, Bank of America Charitable Foundation of this world class bank raise funds for different causes. For this donations can be made online, over the phone or mail by anyone. For more information the Donor services department can be contacted.

Bank of America careers, employment opportunities as well as earnings are specified in the official website. You can locate careers and jobs in all the states of US in different available job areas. Hours of operation differ with the time zone and this can be checked online in the website. For general inquiries you can send email to the bank. Even online yon can fill the request form for query showing your address, email id, phone number etc and send it to the Bank of America. The contact details have been given by

Bank of America Address
Bank of America Corporate Affairs
100 N Tryon Street
Charlotte, NC-28255

Bank of America Career
You can find numerous jobs in Bank of America. For this browse the given link. You can find job areas, locations and can also search for careers by putting keywords or job number.

Bank of America Foreign Currency
You can contact the bank for queries related to foreign currency at the given address.

Bank of America
Foreign Currency
300 S Grand Ave.
Los Angeles, CA-90071
Ph # 1-888-660-0130
Bank of America Mortgage
Mortgage Payment Reverse Mortgage Mortgage Department Calculator Foreclosure
Modification Address Loans Mortgage Customer Service Rates
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