Bank of America News & Media
Bank of America invests $150M into affordable housing
January 30, 2023
Bank of America will invest up to $150 million in equity for more than 3,000 affordable homes for middle-income households. The bank will work with Enterprise…
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Florida man arrested for allegedly attacking ATM with hammer
January 20, 2023
A man in Leesburg, Florida, was arrested by police after allegedly using a hammer on a Bank of America ATM. Employees saw him screaming at the ATM to give his…
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Bank of America to offer free financial counseling in 17 US markets
December 20, 2022
Bank of America has partnered with Operation Hope to offer free financial counseling in 180 locations in 17 U.S. markets next year. Operation Hope offers…
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Bank of America to redeem senior notes
December 12, 2022
Bank of America will redeem all $6 billion principal amount of its 3.004% fixed/floating rate senior notes on Dec. 20, according to a press release.
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Banks holding Elon Musk's debt for Twitter deal
November 1, 2022
A few banks, including Morgan Stanley, Bank of America and Barclays, are providing Elon Musk, CEO of Tesla Motors, $13 billion in financing in order to acquire…
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Bank of America virtual assistant Erica sees 1B interactions
October 25, 2022
Bank of America is reporting that Erica, it's virtual financial assistant, has seen 1 billion interactions with clients. First launched in 2018, the AI…
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Bank of America expands CashPro to support 350+ payment types
October 18, 2022
Bank of America has expanded its CashPro Payment API to allow customers to access more than 350 payment types in 38 global markets, according to a press…
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Bank of America to deposit $100M for minority-owned businesses
October 13, 2022
Bank of America will add $100 million in low-cost deposits to minority depository institutions, which will in turn provide banking services in minority and…
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Bank of America expands payments to euro
October 12, 2022
Bank of America's payments solution, Pay by Back, is now available for euro transactions through a partnership with Banked Ltd. The open banking platform…
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Bank of America intros QR sign-in for payments platform
October 4, 2022
Bank of America has introduced QR sign-in for its CashPro payments app. With the service, the bank's 500,000 CashPro users can access payments, cash management…
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Bank of America study reveals financial wellness tools reduce employee attrition
September 29, 2022
A majority of employers, 84%, report financial wellness tools can reduce attrition and 81% said the tools attract better employees, according to Bank of…
read nowBank of America delivers more than $1.2M to Atlanta nonprofits
September 8, 2022
Bank of America recently delivered more than $1.2 million in grants to 53 Atlanta-based nonprofits to improve economic opportunities for families and…
read nowBank of America sees 1B digital logins in July
September 1, 2022
Bank of America recently announced its customers logged into the bank's digital platforms 1 billion times in July.
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Grubhub to offer Grubhub+ for Bank of America cardholders
August 23, 2022
Bank of America and Grubhub have partnered to offer cardholders Grubhub+ free for one year, with unlimited free delivery on orders of $12 and more.
read nowBank of America to redeem senior notes
July 14, 2022
Bank of America will redeem $1.5 billion of the principal amount of its 2.86% fixed/floating rate senior notes on July 21, according to a press release.
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Big banks pass stress test, raise dividends
June 28, 2022
Morgan Stanley, Goldman Sachs, Bank of America and Wells Fargo all have cleared their annual stress tests.
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Bank of America study finds 9% increase in credit, debit card spending
June 20, 2022
The Bank of America Institute is reporting that aggregated credit and debit card spending for customers was up 9% in May year-over-year, according to its…
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