Is Bank of America all over?
The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).
In commercial banking, Bank of America operates, but does not necessarily maintain, retail branches in all 50 states of the United States, Washington, D.C., and over 40 other countries.
So, if you live in a state where we do not have a Bank of America banking center (Alabama, Alaska, Hawaii, Kentucky, Louisiana, Mississippi, Montana, Nebraska, North Dakota, Ohio, South Dakota, Utah, Vermont, Wisconsin, West Virginia and Wyoming), then we will currently open your personal deposit account at one of our ...
As the main reason for the measure, banks pointed to a change in the banking needs of their clients, since more transactions are currently performed outside physical branches.
Largest banks in the U.S. 2024, by number of branches
As of March 2024, JPMorgan Chase Bank was the largest bank in the United States by the number of branches, with 5,110 branches nationwide. It was followed by Wells Fargo Bank, which operated 4,349 branches, and Bank of America, with 3,975 branches.
“In China, we serve as a trusted financial partner to leading corporate and institutional clients, as well as subsidiaries of multinational corporations. We strive to deliver for our clients who face a complex, ever-changing business environment.
The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,800 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 58 million verified digital ...
Bank of America is owned by Bank of America Corporation, a U.S.-based financial services holding company headquartered in Charlotte, North Carolina. Bank of America Corporation was founded in 1904 and has owned Bank of America ever since.
Bank of America Corporation affiliates include all entities that utilize the Bank of America, Banc of America, Bank of America Private Bank, U.S. Trust, Merrill and BofA Securities brand names.
Bank Name | City | Closing Date |
---|---|---|
The First National Bank of Lindsay | Lindsay | October 18, 2024 |
Republic First Bank dba Republic Bank | Philadelphia | April 26, 2024 |
Citizens Bank | Sac City | November 3, 2023 |
Heartland Tri-State Bank | Elkhart | July 28, 2023 |
Is Bank of America closing in 2024?
This list of Bank of America closures in California is the latest in a series of closures that started in 2023. The hardest-hit region is the San Francisco Bay Area, which will see more than two dozen closures by the end of 2024.
Common causes include fraud, traveling, and making consecutive purchases from the same vendor or for the same dollar amount.
1. JPMorgan Chase – $3.5 trillion. Columbus, Ohio-based JPMorgan Chase is the largest US bank with total assets of $3.503 trillion. Some $2.684 trillion are domestic assets, accounting for 77% of its total assets.
BANK | FORBES ADVISOR RATING | PRODUCTS |
---|---|---|
Chase Bank | 5.0 | Checking, Savings, CDs |
Bank of America | 4.2 | Checking, Savings, CDs |
Wells Fargo Bank | 4.0 | Savings, checking, money market accounts, CDs |
Citi® | 4.0 | Checking, savings, CDs |
- Heritage Bank: 0.05%-2.02% APY.
- NBKC Bank: 1.75% APY.
- EverBank (formerly TIAA Bank): 0.40% APY.
- Navy Federal Credit Union: 0.35%-0.45% APY.
- Ally Bank: 0.10%-0.25% APY.
- LendingClub Bank: 0.10%-0.15% APY.
- Capital One: 0.10% APY.
- Chase Bank: 0.00%-0.01% APY.
Bank of America: The maximum daily withdrawal amount using an ATM is $1,000 and cannot exceed 60 bills in one transaction. The limit is $800 for ATM withdrawals set up in advance using the bank's mobile app.
Bank of America
If you're looking for a bank with locations in all 50 states, Bank of America comes close, with over 3,700 branches in 38 states. Its largest presence is in California, where it has more than 434 branches.
Bank of America Fast Facts
We operate across the US, its territories and more than 35 countries with approximately 213,500 employees. We serve 69 million US consumer and small business clients.
What bank operates in all 50 states? No bank currently operates a branch location in all 50 states, though several of the nation's largest institutions come close. Chase Bank, for one, has over 4,700 branch locations in 49 states and Washington D.C. Wells Fargo also offers around 4,600 branches in 36 states.
As we are owned by our customers, we are focused on customer-benefit, community involvement, fairer fees and superior levels of service. We exist to serve our customers, not simply to drive high profits for external shareholders.
Is there a Bank of America in Italy?
Since opening our Italian office in Milan in 1919, Bank of America has been a trusted advisor and a reliable partner to Italian clients thanks to our global reach and expertise.
The ownership structure of Bank of America (BAC) stock is a mix of institutional, retail, and individual investors. Approximately 36.65% of the company's stock is owned by Institutional Investors, 10.14% is owned by Insiders, and 53.21% is owned by Public Companies and Individual Investors.
Bank of America is one of the largest consumer banks in the United States, with over $3 trillion in assets. The largest shareholder is Berkshire Hathaway, along with fund managers like BlackRock and Vanguard.
Bank of America Corporation and FleetBoston Financial Corporation today announced a definitive agreement to merge, creating the nation's premier financial services company. The company will bring unmatched convenience, innovation and resources to customers and clients throughout the nation and around the world.
Key Financial Relationships: Bank of America and Wells Fargo Bank of America and Wells Fargo are separate banks, however; both of these institutions share many similarities when reporting their financial statements.