Bank of America News & Media

Bank of America appoints president of Phoenix

April 7, 2023

Bank of America has promoted Scott Vanderpool to president at Bank of America Phoenix, Arizona. He takes over for Benito Almanza who will retire on April …

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Thieves destroy Atlanta ATM

April 3, 2023

Police in DeKalb County, a part of the Atlanta, Georgia metropolitan area, recently discovered a destroyed ATM at a Bank of America drive-thru location…

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Bank of America appoints presidents of Merrill Wealth Management

March 31, 2023

Bank of America has appointed Lindsay Hans and Eric Schimpf to serve as presidents and co-heads of its subsidiary Merrill Wealth Management. They will report…

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Bank of America to be presenting partner of Boston Marathon

March 31, 2023

The Boston Athletic Association has announced Bank of America will be the presenting partner for the Boston Marathon starting in 2024, according to a press…

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Bank of America invests in Black founders

March 14, 2023

The Bank of America will invest in the Black Founders Matter Fund, a venture based in Portland, Oregon that focuses on investing in Black-owned businesses…

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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…

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Bank 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…

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Bank 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.

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Bank 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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