Bank of America Corporation is the biggest bank holding company in the United States, by assets, and the second largest bank by market capitalization. It is a listed company in New York Stock Exchange with the trading symbol of BAC.
Introduction to Bank of America
Bank of America serves clients in more than 150 countries and has a relationship with 99% of the U.S. Fortune 500 companies and 83% of the Fortune Global 500.
The company is a member of the Federal Deposit Insurance Corporation (FDIC) and belong to both the S&P 500 Index and the Dow Jones Industrial Average.
As of 2010, Bank of America is the 5th biggest company in the United States by total revenue,as well as the second largest non-oil company in the US after Wal-Mart. In 2010, Forbes listed Bank of America as the 3rd “best” large company in the world.
The company holds 12.2% of all U.S. deposits, as of August 2009, and is one of the Big Four Banks of the United States, together with Citigroup, JP Morgan Chase and Wells Fargo, its main competitors.
The bank was founded at Charlotte, North Carolina in 1874 and has its present headquarters at 100 North Tyron Street, Charlotte, North Carolina, U.S. Its products include finance and insurance, investment banking, retail banking, commercial banking, private banking, investment management, mortgages, private equity and credit cards.
Guide on Applying for Internet Banking at Bank of America
Bank of America has online banking facility catered for its customers. It is an excellent banking features since you will be able to manage your bank account anywhere you are provided your computer has Internet capabilities.
It is very recommended to enroll your Bank of America account to its online banking by taking note of the following tips:
1. The steps you will go through in enrolling to online banking are:
*Supplying Personal Information
*Creating ID and Passcode
*Creating your SiteKey
*Choosing your SiteKey Challenge Questions
*Confirming your enrollment
2. Even without an ATM card, Check Card or Bank of America credit card, you can still enroll for online banking. You just need the following details to continue to enrollment:
* Social Security number (SSN) or Tax Identification number (TIN)
* Bank of America account number
* E-mail address
3. Below are list of items you will need based on the type of Bank of America account you select to use for your online banking enrollment:
* ATM or Check Card Number
* ATM or Check Card PIN
* Social Security number
* E-mail address
4. If you have credit card in Bank of America, you can also enroll provided you have the following information:
* Credit Card Number (15 or 16 digits, no dashes or spaces)
* 3 or 4 digit security code on back of credit card (CCV)
* Billing zip code (5 digits)
* Social Security number
* Mother’s maiden name
* E-mail address
It is easy to enroll in Bank of America online banking if you have the complete requirements. It is better to prepare the requirements if you are deciding to enroll for online banking. If you don’t have a bank account in Bank of America, you can also apply online. Just visit their website ans start to fill up information.
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