Bank of America is one of the major financial bank-holding companies in the United States. It was founded in 1911. Bank of America has more than 1,000 branch offices abroad. It is headquartered in San-Francisco, California. Bank of America has developed some habitual wisdoms within the industry it works in, among them avoiding the mistakes of those companies that perform only consumer lending, so called consumer lending monolines.
Bank of America provides numerous banking packages and a number of fresh trustworthy business solutions. It would meet all your financial needs supplying you with different loans: auto, student, home loans. |
|
Consumer Rating: 134 Review Points
|
Banks
A bank is a type of financial institution that acts as a payment agent for customers, and borrows and lends money. In the United States banks are not allowed to own non-financial companies. Banks operate as payment agents since they conduct checking or current accounts for customers, paying cheques, and collecting cheques deposited the current accounts. Bank also enables customers to pay via other payment methods which include telegraphic transfer, EFTPOS, and ATM. Banks borrow money since they accept funds placed on current accounts, accept term deposits and issue debt securities.
Banks offer almost all types of payment services. The activities of a bank can be subdivided into retail banking, private banking, business banking, and investment banking. Banks offer more commercial services which include: issue of banknotes (promissory notes issued by a banker and payable to bearer on demand); issuing bank drafts and bank cheques; providing documentary and standby letters of credit, guarantees, performance bonds, securities underwriting commitments and other forms of off balance sheet exposures; safekeeping of documents and other items in safe deposit boxes; currency exchange; sale, distribution or brokerage, with or without advice, of insurance, unit trusts and similar financial products as a 'financial supermarket'.
Most banks are profit-making and private enterprises. However, some banks are government-run, or non-profits. Central banks, as a rule, are government owned.
-
INDYMAC BANK
( 112 items )
-
Wells Fargo
( 111 items )
-
Washington Mutual
( 75 items )
-
Chase Bank
( 67 items )
-
Wachovia Bank
( 55 items )
-
Flagstar Bank
( 50 items )
-
HSBC
( 46 items )
-
Fifth Third Bank
( 38 items )
-
National City Bank
( 29 items )
-
Barclays Bank
( 22 items )
-
Regions Bank
( 20 items )
-
Charter One Bank
( 18 items )
-
TCF Bank
( 18 items )
-
Commerce Bank
( 17 items )
-
Crescent Bank and Trust
( 15 items )
-
US Bank
( 14 items )
|