Bank of America customers risk losing access to their funds as account closures expand under state laws, but there are ways to avoid it.

Bank of America is informing customers that their accounts may be closed if they haven’t been used for an extended period.

Bank of America, the second-largest bank in the United States, has been closing accounts deemed 'abandoned' due to a legal process known as escheatment. This process involves transferring unclaimed ...

The best checking account is the NBKC Bank Everything Account, which earned 5.0 stars thanks to its combination of low fees, convenient customer ... $5 per month for a dormant account.

Michael Hershfield is the founder and CEO of Accrue Savings, a company enabling leading retailers to create dedicated FDIC-insured wallets for their customers — driving acquisition, loyalty ...

To attract new customers, many banks often offer a sign-up bonus when you open a new account. For checking accounts specifically, these bonuses can be at least $100. Qualifying is usually easy ...

SoFi’s Checking and Savings account earns a 0.50% APY (variable and subject to change) on the balance in its checking portion. Customers who enroll in SoFi Plus with direct deposit, or pay a $10 ...

The Post welcomes letters up to 250 words on topics of general interest. Letters must include full name, home address, day and evening phone numbers, and may be edited for length, grammar and ...

interest on your account balance up to and including $250,000. Terms apply. This free online business checking account continues to add software features alongside core banking services ...

Best free savings accounts Best for customer service: Discover® Online Savings Best for in-person banking: Capital One 360 Performance Savings™ Best for tracking savings: Marcus by Goldman ...

The catch is that you need to follow all of the requirements to the letter ... account, Credit Union of New Jersey boasts the top rate. With its limited balance threshold, it's best for customers ...

Banks may close an account due to inactivity, excessive overdraft fees, or suspected fraud. Banks do not have to warn customers in advance of account closures. You won't be able to reopen the ...