Suit claims defendants failed to perform duties related to residential mortgage-backed securities.
Consumer site ranks transfer card higher than banks for simplicity and transparency.
Illinois, Texas, Michigan, North Carolina and California led the nation in branch sales, according to SNL Financial.
CEO Brian Moynihan also said in Wednesday earnings call Bank of America will close additional branches.
A regional executive search firm has been hired by the CUSO's search committee to replace Bob Cipriani, named CEO in 2006.
Credit unions with fields of membership in certain communities across the U.S. may get an opportunity to purchase a Bank of America branch.
Head of National People's Action group says focus will be on Wells Fargo, Bank of America annual meetings in coming days.
While Bank Transfer Day helped to boost membership to record numbers, the industry could see an exodus of some of its more profitable members in 2013 if credit unions are not capitalizing on those relationships.
If David Tuyo, interim president/CEO at Pen Air Federal Credit Union, has his way, get ready for the $1.1 billion credit union to change the world.
The discontinuance of new mortgage loans by BofA is in response to an ongoing dispute over the expenses on defective mortgages and Fannie Mae’s position on repurchases, reports say.