Is Bank of America a real bank?

Is Bank of America a real bank?

The (Real) Bank of America. That bank, of course, is the United States government—the real bank of America—and it’s unlike any other bank. For starters, its goal is not profit, although it is profitable on paper, and its loans are supposed to help its borrowers rather than its shareholders, better known as taxpayers.

Is Bank of America the biggest bank in America?

With assets of over $2.5 trillion, JPMorgan Chase is the largest bank in the country. It is also the nation’s largest bank by deposits. Bank of America is the second largest financial institution in the United States with $2.28 trillion in assets.

Does Bank of America own MBNA?

MBNA Corporation was a bank holding company and parent company of wholly owned subsidiary MBNA America Bank, N.A., headquartered in Wilmington , Delaware, prior to being acquired by Bank of America in 2006. In December 2016, UK-based Lloyds Banking Group purchased MBNA from Bank of America for £1.9 billion.

Is Bank of America prepaid?

Phone Number of Bank of America Prepaid Card is +1.866.213.4074, +1.800.732.9194, +1-423.262.1650 . Bank of America Prepaid Card is one of the services offered by Bank of America, a significant banking and financial solutions company based in the United States.

Where are Bank of America financial centers located?

Driving directions and locations to store: Bank of America Financial Center located in Metrocenter: 9617 N. Metro Parkway W,Phoenix, Arizona – AZ 85051. All Bank of America store locations. 233 miles – Bank of America in Bloomington, Minnesota.

What is Bank of America payment address?

The payment address for Bank of America credit card is the following: Bank of America. PO Box 15019. Wilmington, DE 19886-5019. Make the check payable to Bank of America and include your account number on the check.