Escheatment is the process by which a financial institution must report and remit any abandoned or unclaimed property for ...

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 has previously confirmed that it can and will close accounts if they are deemed inactive due to state ...

Bank of America has issued a warning for its customers. It stated it can cancel any accounts that don't meet a certain ...

According to rules on the financial institution’s official FAQ page on its website, the bank will close accounts it ...

Recently, several sources have highlighted concerns about protecting your BoA account from potential cancellation. Find out ...

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 warning customers that their accounts may be canceled if they haven’t been in used in several years. The ...

The financial institution has announced that it will close some accounts if account holders don’t take certain proactive ...

Bank of America's headwinds suggest long-term investors should wait for a better entry price for improved risk-reward ...

Dan Cody is a journalist based in London. His focus is increasing the search visibility of Newsweek's reporting across all subjects. Dan joined Newsweek in 2024 from the London Evening Standard ...

Recent reports have raised concerns about Bank of America canceling accounts without prior notice. Recent reports have sparked concerns about Bank of America canceling accounts, especially among ...