Bank of America is one of the most prominent banking and financial services firms in the United States. The Bank of America Corporation is a global commercial bank and financial services firm headquartered in Charlotte, North Carolina. It is a member of the FTSE 100 and one of the largest banks in the U.S.
As one of the largest financial institutions in the world, Bank of America offers a wide range of products and services through its four business banks, two thrift banks and one credit union. Additionally, it offers a variety of savings accounts, money market accounts, checking accounts and CDs. The bank is also a member of the National Association of Manufacturers, Security Investors Protection Corporation and is one of the fifty largest banks in the United States. The company has branches in Canada and Mexico and has been trying hard to expand its presence in the United States. In recent years, it made efforts to enter into the European and Chinese markets.
Bank of America serves clients from all over the united states through its four business banks and two thrift institutions. Among its products and services are mortgage, savings and loans, commercial loans, debt consolidation, credit insurance, consumer and business payrolls, and international trade financing. It also provides a wealth management service, home equity line of credit and purchase loans under its wealth management division. Its other financial services include commercial vehicles financing, commercial real estate financing, commercial loans for property development and equities trading.
Bank of America serves millions of customers each day. It is a global financial institution that operates through branches in eighteen countries across the globe. The largest branches are located in Chicago, New York, New Jersey, south coast, northwest, and Las Vegas. In terms of number of employees, Bank of America has approximately 4,300 employees in the Chicago area and the number of employees in the Bank of America branches located in New York, New Jersey and south coast is approximately 66 million.
The business banking and financial institutions division of Bank of America offers home equity lines of credit, commercial loans, consumer and business lines of credit, and a variety of unsecured loans. Among its retail financial institutions are branches in Atlanta, California, Florida, Denver, Florida, Hawaii, Houston, Kansas City, Nashville, Phoenix, Sarasota, Seattle, Texas, and Washington, D. C. The bank has at least ten direct investing branches in the Chicago area. In addition, it has investment branches in Charlotte, North Carolina; Los Angeles, California; San Diego, California; Salt Lake City, Utah; and online websites in Boston, Connecticut, New York, New Jersey, and Oregon. The bank also has outlets in Mexico City.
The total size of Bank of America's customer base is approximately 4,300 retail financial centers and it has at least 17,000 atms. In order for you to open a checking or savings account with Bank of America, you need to be a resident of the United States. Bank of America offers competitive rates to its customers. In order to find out more about Bank . . . . . . of America or to apply for an account, click on the website of Bank of America. Bank of America is one of the most popular banking institutions in the United States. It is a member of the FDIC and it was one of the first banks to offer an internet banking option to its customers.