Bank of America Holiday Hours – BOA is one of the most popular banks known to almost every citizen of America. It deals with the business such as your cash or finances or simply provides financial assistance. Feel safe knowing the details of the bank and later on you can carry with financial transactions by opening your account in BOA. Below you will find about Bank of America Hours and Bank of America Saturday Hours.
Bank of America Holiday Hours In Detail
Manage your finances efficiently during the holidays with Bank of America! Check here for holiday hours to plan your banking needs seamlessly. For another banking option, explore Chase Bank‘s holiday hours. Whether it’s withdrawing cash, checking account balances, or seeking financial advice, both Bank of America and Chase Bank provide reliable services.
Bank of America is a multinational banking and monetary offerings company founded in Charlotte, North Carolina. It’s far ranked second on the list of largest banks in the united states of America through assets. As of 2016, the financial institution of the USA became the 26th largest business enterprise in the united states through total sales. In 2016, it becomes ranked 11 in the Forbes Mag Global 2000 listing of the largest companies in the world.
Founded: October 17, 1904,
Founder: Amadeo Giannini
CEO: Brian Moynihan
Type of Industry: Banking
Headquarters: Charlotte, North Carolina
Customer Service: +1 800-432-1000
Its acquisition of Merrill Lynch in 2008 made it the arena’s largest wealth management corporation and a prime player within the funding banking market. As of December 31, 2016, it had US$886.148 billion in belongings below management (AUM). Financial institution of the USA offers their services and products thru 4,600 retail economic centers, approximately 15,900 computerized teller machines, call centers, and online and cellular banking structures.
In its purchase real property services section, Bank of America offers purchasers actual estate products, comprising fixed and adjustable-rate first-lien mortgage loans for home purchases and refinancing needs, as well as home equity lines of credit and home equity loans. However, the bank has faced many lawsuits and investigations regarding both mortgage and financial disclosures dating back to the economic crisis, including a record settlement of $16.65 billion on August 21, 2014.
In 2010, the U.S. Government accused the financial institution of defrauding schools, hospitals, and dozens of countries and local authority agencies through misconduct and illegal activities related to the investment of proceeds from municipal bond sales. Consequently, the bank agreed to settle the allegations affecting these organizations by paying $137.7 million, including $25 million to the Internal Revenue Service and $4.5 million to the State Lawyers General. Furthermore, a former bank official, Douglas Campbell, pleaded guilty to antitrust, conspiracy, and card fraud charges. As of January 2011, other bankers and brokers are under indictment or investigation.
Bank of America generates 90% of its revenue in its domestic market. The core of BOA’s strategy is to be the primary bank in its home market. To achieve this, it has made key acquisitions. The largest branch within the company, Consumer Banking, provides financial services to customers and small businesses, including banking, investments, and lending products such as business loans, mortgages, and credit cards. Moreover, it offers an online investing platform, Merrill Edge. The Consumer Banking division plays a crucial role, representing 38% of the company’s total revenue in 2016.
The company’s revenue comes from interest income, service fees, and charges. Furthermore, Bank of America serves as a mortgage servicer. Additionally, it primarily competes with the retail banking arms of America’s three other megabanks: Citigroup, JPMorgan Chase, and Wells Fargo. With over 4,600 retail financial centers and approximately 15,900 automated teller machines, the Consumer Banking business division is well-positioned in the market.
Bank of America Hours Today
|Monday||9:00 AM to 5:00 PM|
|Tuesday||9:00 AM to 5:00 PM|
|Wednesday||9:00 AM to 5:00 PM|
|Thursday||9:00 AM to 5:00 PM|
|Friday||9:00 AM to 5:00 PM|
|Saturday||9:00 AM to 5:00 PM|
Bank of America Holiday Hours
BOA Holiday Hours Open/Closed:
|New Year’s Eve||Open|
|Cinco de Mayo||Open|
|St. Patrick’s Day||Open|
|Martin Luther King Day||Closed|
Follow the above Bank of America opening hours and conduct transactions during Bank of America business hours. As the American people trust this bank the most, new customers can securely place their valuables without any worries. Happy transaction!! If you have any further queries, please comment below, and we will reply soon.
Bank Of America Near Me Locations