News

  via:yahoo!news   Ronald Page seemingly had it made when Bank of America unintentionally changed his account status, allowing the 55-year-old man to make unlimited ATM cash overdraft withdrawals. But ABC News reports that Page, who in reality had only $300 in his checking account, used the accidental loophole to withdraw more than $1.5 million—losing […]

The announcement came after Chief Executive Brian Moynihan outlined the bank's strategy at an investor conference in New York.

News

                via:yahoonews    Bank of America Corp plans to offer an online bank account that charges an $8.95 monthly fee for paper statements and using tellers, as it looks for ways to make up for income lost because of new regulations. As part of the new account targeted at […]