Tag: bank of america atm machines near me

Bank Branch Bloodbath: Major Banks Close Another 19 Locations

Bank Branch Bloodbath Continues As Bank of America And Chase To Close Another 15 Locations The bank branch bloodbath continues! Bank of America filed to close nine branches with the OCC last week. Chase filed to close six more. Citizens and Trustco are each closing a branch each. Patriot and US Bank also reported one…

By Steve
2 min read

Bank of America Has Prevailed In Ghetto Loans Lawsuit

Bank of America Has Prevailed In The Cook County Ghetto Loans Lawsuit As 7th Circuit Court of Appeals Rules In It’s Favor Bank of America has prevailed in a ghetto loans lawsuit brought against it by Cook County, Illinois. Cook County sued the bank alleging predatory mortgage loans to Black and Hispanic borrowers in the Chicago…

By Steve
2 min read

Bank of America Mortgage Production Plummets 40 Percent

Bank of America Mortgage Production Plummeted From $14.5 Billion In The 2nd Quarter To $8.7 billion In 3rd Quarter  Bank of America mortgage production plummeted to $8.7 billion in the 3rd quarter. However, it was not all bad news. The bank delivered increases in revenues and net income in the third quarter of 2022. This…

By Steve
2 min read

Bank of America Reports Double-Digit Drop In Mortgages

Bank of America Reports Mortgage Originations Are Down 11.5% In Second Quarter Bank of America reports that customers haven’t slowed down their activities despite a fear of a recession. In addition. Bank of America reported that deposits have grown to a record level above $1 trillion. The bank also says consumer spending is increasing for…

By Steve
2 min read