Bank of America has previously confirmed that it can and will close accounts if they are deemed inactive due to state ...

If a bank has closed your account, here are steps to take to resolve potential issues, recover your money, and avoid this situation in the future. Reasons for account closure A bank may decide to ...

However, account holders who haven’t touched their accounts in a while may be in for a surprise — the financial institution could turn your money over to the state if you don’t follow these specific ...

Bank of America is warning customers that their accounts may be canceled if they haven’t been in used in several years. The ...

In a letter to the managing director ... regarding whether to provide account holders with notice of closure of their account. The bank also said it was not under any obligation to disclose ...

Bank of America customers risk losing access to their funds as account closures expand under state laws, but there are ways to avoid it.

For Bank of America customers, staying informed about account activity is more important than ever. The financial institution has outlined specific circumstances under which acco ...

Bank of America has issued a warning for its customers. It stated it can cancel any accounts that don't meet a certain ...

Bank of America is warning customers that inactive accounts may be closed or have their funds transferred to state custody under escheatment laws. If an account shows no activity for about three years ...