agent-bank

BofA Disputes Reports of Small Business Credit Cuts

By Michelle A. Samaad | January 9, 2012

Despite complaints from small business owners, Bank of America is calling recent reports that it is cutting or closing credit lines for all of its small business clients “speculation.”
CU Cards: BofA Makes a Hasty Exit

By David Morrison | December 11, 2011

Bank of America made official last week what many anticipated when a spokesperson acknowledged that it will no longer issue credit cards in agent relationships with credit unions and smaller banks.
Lack of Cross Selling Opportunities Appears to Have Influenced BofA Decision

By David Morrison | December 6, 2011

The bank has stopped issuing credit cards with between roughly 40 and 50 credit unions.
Bank of America Leaving Agent Card Issuing

By David Morrison | December 5, 2011

Credit unions which currently issue cards with Bank of America have also been told that their contracts will not be renewed after they expire.

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