What is Bank of America?

Bank of America is one of the largest banks in the United States and a global financial institution. It provides a wide range of financial products and services to individuals, businesses, and governments.

The bank was founded in 1904 as Bank of Italy by Amadeo Pietro Giannini in San Francisco, California. It was later renamed Bank of America in 1930 after a merger with Bank of America, Los Angeles. Today, Bank of America has its headquarters in Charlotte, North Carolina, and operates in all 50 U.S. states and many other countries.

Bank of America offers a variety of services including checking and savings accounts, credit cards, mortgages, personal loans, investment management, wealth management, and more. The bank has a large network of branches, ATMs, and online and mobile banking platforms to serve its customers.

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