Bank of America

• Report Suggests Communities Where BofA Might Close Branches

  By David Morrison  |  May 16, 2012

  Credit unions with fields of membership in certain communities across the U.S. may get an opportunity to purchase a Bank of America branch.

• Get Ready for More Deposits as Anti-Bank Rallies Loom, Chicago Activist Says

  By Jim Rubenstein  |  April 20, 2012

  Head of National People's Action group says focus will be on Wells Fargo, Bank of America annual meetings in coming days.

• Warning On New Members

  March 25, 2012

  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.

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  Interim CEO David Tuyo Says Watch Out Bank of America

  By Myriam DiGiovanni  |  March 19, 2012

  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.

• Bank of America to Cease New Mortgage Sales to Fannie

  By Michelle A. Samaad  |  February 24, 2012

  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.

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  Affinity Credit Card Draws in New Members

  By David Morrison  |  February 5, 2012

  It’s rare that a novice credit union member signs up for his or her CU’s credit card right off the bat. The first account is usually a savings or share account, often followed by a checking account for the debit card. Sometimes if there is an indirect lending program, new...

• BofA Is Mum on the Effects of Transfer Day

  By Michelle A. Samaad  |  January 31, 2012

  Three months after the backlash grew when Bank of America attempted to levy a monthly debit card usage fee to spawn Bank Transfer Day, the financial institution is not saying whether the nationwide effort had an impact on any account closures.

• Post Bank Transfer Day, BofA Still Mum on Account Closures

  By Michelle A. Samaad  |  January 19, 2012

  BofA is not releasing any details on whether it experienced any account closures during the fourth quarter or around BTD.

• Bank of America Denies Cutting All Small Biz Credit Lines

  By Michelle A. Samaad  |  January 4, 2012

  Bank of America is calling recent reports that it is cutting or closing the credit lines for all of its small business clients "speculation."

• BofA in Last Place

  December 18, 2011

  A failed attempt to charge a monthly debit usage fee contributed to Bank of America being ranked last in a customer satisfaction index.