Bank of America
Bank of America Canada is a branch of Bank of America, N.A., based in Charlotte, North Carolina. Bank of America Canada has its headquarters in Toronto and is a member of the Canadian Bankers Association, as well as the Canadian Payments Association. It was founded in 1975.
Bank of America offers accounts for chequing, savings and certificates of deposit. Other products and services offered by the bank include credit cards, mortgages, refinancing, home equity loans, estate and tax planning, auto loans, insurance coverage and individual retirement accounts.
The bank also offers online banking services, through which clients may view their account history, pay their bills and track their spending. All one needs to do in order to bank online is to enroll for an online banking account and then, once registered, sign in with their username and the location of their account.
Spotlight on Bank of America
Bank of America Canada Compared to Domestic Banks
Although founded and headquartered in the United States, Bank of America Canada offers many financial services for Canadians, including chequing accounts, savings accounts, certificates of deposit, credit cards, mortgages, refinance options, home equity and auto loans, insurance policies, retirem... Continue Reading »
Bank of America’s Mobile Application for Your Cell Phone
Bank of America Canada offers mobile banking for those who already have Internet banking with the company. These customers can use their cell phones and smart phones to check their account balances as w...
Bank of America Canada Compared to Domestic Banks
Although founded and headquartered in the United States, Bank of America Canada offers many financial services for Canadians, including chequing accounts, savings accounts, certificates of deposit, cred...
About Bank of America
The Bank of America website contains a wealth of information for first-time home buyers aimed at making the process of purchasing a new home simpler for them. First-time home buyers can compare available mortgage options, search for the best mortgage rates and use the down payment calculator to estimate the amount of down payment they would have to put down for a home.
Various mortgage tools are also available which inform the user of current interest rates, the amount of closing costs, estimated monthly payments and other considerations to keep in mind when deciding which house they can afford. When it comes to refinancing, customers of Bank of America may lock in a fixed interest rate and are also privy to low interest rates for higher loan amounts.
Bank of America also offers investment services, financial education and helps customers plan for their retirement. The bank also offers mobile banking services, as well as student banking. Clients can also learn their credit scores by logging onto their online banking account on the Bank of America website. Other online services offered by bank of America include banking services for the military, online investing services and online wealth management services.
Customers at Bank of America may also apply for secured or unsecured credit. The Bank of America card and World MasterCard are two of the more popular credit cards offered by the bank. Bank of America locations form a global network of branches located in Europe, the Middle East, Africa, Latin America, the United States and Canada. The bank also has a wide network of ABMs available to its clientele.