News

Bank of America has previously confirmed that it can and will close accounts if they are deemed inactive due to state ...
Bank of America is set to close accounts deemed 'abandoned' starting April, impacting millions. Accounts inactive for three ...
Bank of America is informing customers that their accounts may be closed if they haven’t been used for an extended period.
Bank of America, one of the largest financial institutions in the U.S., may close accounts deemed 'abandoned.' Here's the ...
Recently, several sources have highlighted concerns about protecting your BoA account from potential cancellation. Find out ...
As banking deserts are on the rise across the country, U.S. banks have filed nearly 400 notices for planned branch closures between January and March.
Bank of America is not only shutting down branches but also canceling inactive accounts. In this evolving banking landscape, ...
NEW YORK (PIX11) — Is Bank of America closing bank accounts? Yes, but it isn’t a new practice. A spokesperson for Bank of America refuted claims that the company is making new moves to close ...
Escheatment is the process by which a financial institution must report and remit any abandoned or unclaimed property for ...
Bank of America clarifies reasons for labeling accounts as abandoned and offers guidance to customers on maintaining active ...
Bank of America customers are subject to having their accounts closed and losing access to their funds, but this is not a new practice. The bank has previously confirmed that it can and will close ...