Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Yes, Bank of America Can Close Accounts: Is Yours Affected? [Yahoo! Finance]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: Yahoo! Finance
Getty Bank of America customers are subject to having their accounts closed and losing access to their funds, but this is not a new practice. The bank has previously confirmed that it can and will close accounts if they are deemed inactive due to state escheatment laws. The financial institution confirmed that customer accounts may be flagged as abandoned if they remain inactive for an extended period of time — typically three years or more, according to the bank's FAQ page As a result, customers' checking and savings accounts, Individual Retirement Accounts (IRAs), Certificates of Deposit (CDs), uncashed cashier's checks, stocks and safe deposit boxes could be impacted by possible account closure. A spokesperson for Bank of America confirmed to PIX11 that this is not a new policy. “There has been no announcement, no warning, no changes at Bank of America. Every bank is required to follow state laws on what to do with abandoned accounts," the spokesperson said on Friday, Ma Show less Read more
Impact Snapshot
Event Time:
BAC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BAC alerts
Opt-in for
BAC alerts

from News Quantified
Opt-in for
BAC alerts

from News Quantified