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Bank of America Online Banking Guide | Login – Sign up
In this guide we will teach you how to sign up for Bank of America Online account. After that we will guide you through the login process.
In addition, you will also find other useful information like a guide to help you recover the password of your Bank of America online banking account.
HISTORY OF BANK OF AMERICA:
Before you will get to know how to use the services of Bank of America online, you should definitely acquaint yourself with a little piece of history of this financial corporation. Even though the Bank of America is believed to have been founded just in 1998, its history can be traced to as early as 1904 – at the time the bank was established as Bank of Italy in San Francisco, California. At that time, the bank’s aim was to serve immigrants, who were often discriminated by established American banks.
In 1928, Bank of Italy merged with Bank of America, which resulted in the bank’s rebranding into Bank of America. Following that, the bank quickly expanded beyond California and carried out several other mergers and acquisitions. The most prominent merger, however, took place in 1998, when Bank of America merged with NationsBank and formed the bank we know nowadays. Actually, NationsBank acquired Bank of America then, but remained with the BoA name as it was more famous brand at that time.
Nowadays, Bank of America tends to be one of the largest banks in the United States and the world. In the wake of the 2008 Financial Crisis, Bank of America acquired Merrill Lynch. As of the present time, this bank provides its financial services worldwide. In 2016, it was ranked as the second-largest bank in the United States (by assets) and was placed on the 26th position in the ranking of the largest American companies.
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