Bank of America Review

December 12th, 2011

Bank of America logo

Bank of America has been in the news quite a bit lately. With the bad PR for wanting to raise fees on ATM/Debit type cards, bank transfer day, and more news about bad loans, I’m sure their PR folks are looking for something with a positive spin. Personally, the accounts they lost from the increased fees (they later changed their mind), has problem helped them. After all, I suspect they lost quite a few accounts that actually lost them money. So it was probably helpful. BofA isn’t really known for great CD rates, but they do have a competitive 7-year rate.

FDIC#3510
Stats Updated:09/11
Star Rating:4 (****)
Assets:$1.4TT
Equity:$180.0BB
Capital Ratio:12.25%
Profits(loss):$7.12BB
 
Phone#:(800) 242-2632
Address:101 South Tryon St.
Charlotte,NC 28202
Website:https://www.bankofamerica.com/
Bank of America CD Rates
1-Year:0.45%
18-Months:0.55%
2-Year:0.40%
3-Year:0.60%
4-Year:0.85%
5-Year:1.20%
7-Year:2.30%

We recently added a couple of calculators to our site. One is an interest and APY calculator and the other is an Early Withdrawal Penalty calculator. Check them out and let me know what you think. Jumbo CD Investments Calculators
cd :O)

-- By +Chris Duncan

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