Bank of America login instructions. Bank of America is the largest commercial bank in the United States. It is also the fourth largest company in the world according to Forbes Global 2000. Bank of America is the largest US company that is not part of the Dow Jones Industrial Average. Follow these instructions if you wish to learn how to sign in on your Bank of America online account.
Bank of America login in 5 easy steps
The sign in instructions for Bank of America are fairly simple. If you don’t have an online account yet, just go to www.bankofamerica.com and click on the blue “Enroll Now” button.
This will bring you to the sign up page where you can enter your details to sign up. If you already have an account, then please follow the instructions below to sign in on your account.
- Open your browser and go to www.bankofamerica.com. Make sure that you have a secure connection. Read more about secure connections.
- On the homepage, enter your online ID below the Bank of America logo and click on “Sign in”.
- Now you should be asked for your password. Enter your password and click “Sign in” to access your account.
Can’t access your Bank of America online account? Try resetting your password via the website. This solves in most cases the problem. To reset your password, click on Help/options below the sign in form. A new menu should appear. Now click on Forgot your passcode? link to open the passcode recovery page. All you have to do is Enter your Online ID here and click on “Continue”. Next follow the instructions to finish recovering your passcode.
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About Bank of America
Bank of America is a US company and multinational financial services bank headquartered in Charlotte, North Carolina. It is the second largest bank holding company in the United States. In 2010, Forbes magazine listed at Bank of America as the third largest company in the world.
The acquisition of Merrill Lynch in 2008 made Bank of America the largest wealth management company in the world and it plays an important role in the market for investment banking.
The company held 12.2% of all bank deposits in the United States in August 2009, and is one of the four major banks in the United States, along with Citigroup, JPMorgan Chase and Wells Fargo. Bank of America operates throughout the United States and over 40 countries worldwide. The company has a size of retail banking, which covers about 80% of the US population and serves approximately 57 million consumer and small business banking centers in 5600 and 16,200 automated teller machines (ATMs).
The Bank of America that exists today resulted from the acquisition of the former Bank of America, by NationsBank in charge of receiving monetary information. It was founded in 1874 by Charlotte, North Carolina, as Commercial Nation Bank, which after acquiring American Trust, in 1957, was renamed North Carolina Nation Bank and in 1991 adopted the name of Nations Bank. In 1998, NationsBank absorbed the Bank of America in San Francisco (California), and took its name.
The history of the old Bank of America before 1998 was born from the Bank of Italy, founded in 1904 by Amadeo Giannini, in San Francisco. During the San Francisco earthquake of 1906, Giannini was able to save the money deposited in the bank building from fire. Unlike other banks, it maintained the stability of its depositors and lent money to those affected by the disaster. Since then it spread throughout the country by purchasing numerous banks.
In late 2007, Bank of America bought the US assets of Dutch bank ABN Amro, including LaSalle Bank, LaSalle Bank Midwest and ABN Amro North America, which allowed it to increase its presence in areas of the country where it was not represented. In September 2008 it acquired the investment bank, Merrill Lynch, for 44 billion after the collapse of Lehman Brothers.
On March 30, 2009, Bank of America announced that it will integrate its subsidiary Premier Banking within the Merrill Lynch Global Wealth Management division which will result in the dismissal of hundreds of employees.