Bank of America Review
December 12th, 2011
Update 3/23/2020 We have updated the financial stats and CD rates that are currently offered by Bank of America. They have an “A” grade rating on DepositAccounts.com . You can compare these rates on our CD Rates Comparison page.
(December 12, 2011. 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: | 9/19 |
| Star Rating: | 4 (****) |
| Assets: | $1.7TT |
| Equity: | $211.6BB |
| Capital Ratio: | 13.51% |
| Profits(loss): | $29.2BB |
| Phone#: | (800) 900-9000 |
| Address: | 101 South Tryon St. Charlotte,NC 28202 |
| Website: | https://www.bankofamerica.com/ |
| 13-Months: | 0.30% |
| 25-Months: | 0.30% |
| 37-Months: | 0.30% |
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
