Bank of America hours today – The BOA is a household name when it comes to wealth management, asset trading, corporate and investment banking, and producing the best banking services to its customers from all around the world.
The market capitalization of Bank of America makes it the second largest bank in the United States.
Bank of America does its best in the provision of first class banking experience, with its good customer relations, comfort, easily accessible and a wide range of products and services.
As one of the leading banks in US, it has hours of operation just like every other financial institution. It is important for an investor or customer to know when the doors are opened.
Let’s get started!
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Overview
The BOA provides it services to about 47 million consumer. It business relationships extends across 4,700 retail financial centers and 16,000 ATMs. When it comes to online banking, the BOA have around 32 million users on its online platform and 19 million utilitizing its mobile banking services.
The Bank of America has slightly better rates compared to majority on its competitors. The interest rates are available on most of its accounts, and it also has a saving program.
If you want a traditional banking experience, then you would surely have a good experience with them. As for investors, they may prefer to look further by comparing it to its competition to see if they will find better features or higher rates elsewhere.
Fraud Policy
When a customer’s funds are taken through fraudulent means, the BOA is obligated to return the money when it is reported within 60 days. That is the comfort that comes with banking with the Bank of America. They ensure the safety of your money.
Also, even if the Bank of America ceases to operate, your money deposited with them is safe. That is because in the United States, the Federal Deposit Insurance Corporation (FDIC) insures banking accounts with up to $250,000.
Bank of America’s History
Bank of America is one of the oldest American banks, and its services is extended to a number of countries around the world. The headquarters is in Charlotte, with branches in New York City, Dallas, Hong Kong, London, and Toronto.
The bank was started by Amadeo Giannini, an Italian-American, in the year 1904. It was initially named “Bank of Italy” and located in San Francisco. The bank was situated in a former Saloon.
When Giannini started the bank, he simply wanted a way to provide loans to immigrants, middle-class Americans, and farmers. These were people unable to attain loans from the financial institutions present then.
As deposits grew and words of mouth carried on, the name was later called “Bank of America,” which Giannini felt better expressed the mission of his bank.
As a result of the growth which the bank experienced the bank’s name was officially changed to “Bank of America.” It was soon followed with more acquisitions, expansions and additional branches.
Acquisitions
The small bank that started in a Saloon turned into financial powerhouse behind Disney’s production and Hewlett-Packard.
The bank also began acquiring stakes in several companies. For example, in 2005, the Bank of America acquired a 9% stake (worth $3 billion) in China Construction Bank (CCB). CCB is one of the Big Four banks in China.
As a result of that investment, the BOA was able to enter China’s growing banking sector. About six years later, Bank of America mentioned that they would divest the stakes in CCB.
Other acquisitions by the Bank of America include; Merrill Lynch, NationsBank, and some other financial institutions. BofA was doing so well against competitors, and it had a rapid growth rate.
However, in 2008 they were accused of insider trading and fraud, which in turn affected its optics (public opinion). On the other hand, recession did its thing. Well, Bank of America remains noble amongst its contemporaries
The BOA’s wide range of services, comfortable online banking, and its multitude of branches around the world has made a cynosure.
As a result, some of its user may wonder; What is Bank of America hours today? When can I visit Bank of America? Does Bank of America open on Saturday and Sunday? We will now be giving attention to those questions.
Bank of America Hours (Opening and Closing Time)
The Bank of America hours is simply the time or duration that the bank is open to the general public for the sole purpose of extending financial services to its customers and small businesses. It is also referred to as the hours of operation of the BOA.
Around the world, a majority of the financial centers belonging to the Bank of America opens from Monday to Friday, as well as on weekends — Saturday and Sunday. Nevertheless, there may be variations in the opening and closing time depending on the BOA branch.
For example, the Bank of America in New York opens from 9am to 6pm, while its financial center in Fairview, New Jersey, opens from 9am to 4pm.
In a broader sense, majority of financial centers belonging to Bank of America hours of operation starts from 9am (09:00) till 5pm (17:00). Some centers in New York open services from 8:30 am and close by 6pm depending on the day of the week.
For example, some branches will open from 9am to 4pm on Mondays, Tuesdays and Thursdays. While on Wednesdays they will open from 8am to 6pm, and on Friday open from 9am to 6pm.
Well, you can see that the day of the week matters in Bank of America opening and closing time. In a general note, most Bank of America branches open from 9am to 4pm from Monday to Thursday, while on Wednesday and Friday, the opening and closing time is slightly different.
Bank of America Hours (on Saturday and Sunday)
There are times when you might want to head to the bank during the weekends, maybe as a result of a busy schedule during the week or an emergency. Whether that is your case or not, it is important to note that the Bank of America renders its banking services during the weekends.
Well, not as long as during the week, but for a shorter period of time. And yes, the bank operates on Saturday, but doesn’t on Sunday.
The Bank of America opens on Saturday from 9am to 1pm, while in some branches the bank may close by 2pm. Nonetheless, the bank’s ATM centers are open 24/7 to customers and anyone with a debit or credit card.
Bank of America Hours (Holidays)
During national holidays the services of the Bank of America are quite limited. Some workers would have to spend time with their family members and loved ones, just as you would too.
Who would want to spend a Christmas or New Year day at the bank? Definitely, not me. Below is a list of holidays that the bank are open and holidays that they are close.
The Bank of America is open on; Christmas Eve, Cinco de Mayo, Easter Monday, Good Friday, Halloween Valentines Day, Mardi Gras, Tax Day and Patrick’s Day.
The Bank of America is closed on; Christmas Day, Columbus Day, Independence Day, Labor Day Veteran’s Day, Memorial Day, Martin Luther King Jr. Day, New Year’s Day and President’s Day.
Final Note
The Bank of America is indeed a multinational investment bank that has its customers interest at heart. Right from when it started in a Saloon, to how huge it has grown, the intend to assist its customers with invariant financial services. That is also reflected in their hours of operation.
Bank of America banking hours also show that they are concerned with the accessibility of funds by its customers. There are only a handful of banks that are opened on Saturday, and BOA happens to be one of them. If you want to know the Bank of America hours today, you may need to inquire more from a customer care representative.
Frequently Asked Questions
Do the Bank of America open on Saturday?
Yes, they do.
Do the Bank of America open on Sunday?
Sadly, the BOA do not open on Sundays.
What is the Bank of America hours today?
The Bank of America hours today or tomorrow is dependent on the day of the week and the location of the bank. For more inquires, you can contact BoA on social media or their customer care lines.
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