The closures are part of efforts to comply with legal obligations to transfer abandoned assets to state custody and could come as a surprise to account holders unaware of the rules. Here's what ...

For Bank of America customers, staying informed about account activity is more important than ever. The financial institution has outlined specific circumstances under which acco ...

Bank of America customers are subject to having their accounts closed and losing access to their funds, but this is not a new ...

Bank of America is informing customers that their accounts may be closed if they haven’t been used for an extended period. “If you have not accessed your account for an extended period ...

Bank of America is warning customers that their accounts may be canceled if they haven’t been in used in several years. The national bank has sent letters to customers who haven’t accessed ...

Recent reports have raised concerns about Bank of America canceling accounts without prior notice. Recent reports have sparked concerns about Bank of America canceling accounts, especially among ...

However, each state has its own rules on what constitutes an ... major or recent reports indicating that Bank of America has closed any bank accounts. In fact, a spokesperson for the financial ...

Bank of America customers are subject to having their accounts closed and losing access to their funds, but this is not a new practice. The bank has previously confirmed that it can and will close ...