Bank of America
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Location
Headquarters: Charlotte, North Carolina, United States, North America
Region: North Carolina
Country: US
Continent: North America
About
Bank of America is a leading financial services company offering retail banking, credit cards, mortgages, auto lending, investing, and wealth management. The company operates across the United States with a focus on personal banking, Small Business services, and Merrill Investing for broader investment management. It emphasizes customer education and security, highlighting tools like Better Money Habits and a mobile banking app to help customers manage their finances securely. Headquartered in the United States, Bank of America serves individual consumers, small businesses, and investors with a broad network of branches and digital channels.
Bank of America is a major financial services corporation providing retail banking, credit cards, mortgages, and wealth management services. It serves individual consumers, small businesses, and institutional clients through a vast network of branches and digital platforms.
Bank of America Corporation
1998
for_profit
active
Industries
Primary Industry: Finance
Categories
Funding & Financials
Public Company
$3.59B
over-1b
ipo
NYSE:BAC
nasdaq
Investors
Founders
Duncan Lee
Morgan Downey
Leadership
David C. Darnell — Co-Chief Operating Officer
Gary Lynch — Vice Chairman, Global General Counsel and Head of Compliance and Regulatory Relations
Prajit Datta — STA, Chief Data Scientist Organization
Shomila Malik — SVP, Strategy and Product Development
Joshua Dean — SVP, Head of Strategic Partnerships
Robert Medearis — IT Strategy Consultant
Technology Stack
Products
Bank of America Advantage Banking: A checking account offering various options for personal banking needs.
Bank of America Advantage Savings: A savings account that helps customers save money with interest and digital access.
Credit Cards: Various credit card options for personal and business use with different reward structures.
Home Loans: Mortgage products to finance home purchases, refinancing, and home equity access.
Auto Loans: Loans for purchasing vehicles, refinancing auto loans, and lease buyout financing.
Merrill Edge® Self-Directed Investing: An investment platform allowing customers to build and manage their own portfolios.
Funding rounds
Post Ipo Debt · $387.99M · (2025-02-20)
Post Ipo Debt · $2B · (2024-11-26)
Post Ipo Equity · $400M · (2020-07-28) · Lead: Berkshire Hathaway
