Bank of America, N.A.

Bank of America is one of the largest financial institutions in the United States, serving millions of individual and business customers across the country and internationally. It is headquartered in Charlotte, North Carolina, and operates under the Bank of America name for retail banking, lending, and investment services.

For everyday consumers, Bank of America commonly offers checking and savings accounts, credit cards, auto loans, home mortgages, home equity loans, home equity lines of credit, and personal loans. Investment and wealth management services are available through Merrill, which operates as part of the same corporate family.

Bank of America runs a large branch and ATM network spanning most US states, making it accessible for customers who prefer in-branch service. It also maintains a highly rated mobile banking app that allows users to manage accounts, pay bills, transfer money, and deposit checks remotely.

The bank's Preferred Rewards programme offers tiered benefits to customers who maintain higher average balances across qualifying accounts. These benefits can include fee waivers, interest rate bonuses, and card rewards boosts, though the programme requires meeting minimum balance thresholds.

For home buyers, Bank of America Home Loans offers a range of mortgage products including conventional, FHA, and VA loans. The Digital Mortgage Experience allows applicants to complete much of the process online. Auto loans are available directly through the bank and through dealer networks.

For businesses of various sizes, Bank of America offers business checking, business credit cards, merchant services, and commercial lending. Merrill Lynch wealth management is available for higher-net-worth customers and institutional clients.

Bank of America is regulated by the Office of the Comptroller of the Currency and deposits are insured by the FDIC up to applicable limits. Rates, fees, and eligibility criteria vary by product and personal circumstances.