Incredible Facts About Bank of America
You wouldn't want to miss a few other fascinating details about Bank Of America.
1. Bank of Italy or Bank of America?
Its previous name, The Bank of Italy, was widely used. In 1998, the Nation's Bank acquired it, and the name was changed to Bank of America.
The biggest wealth management Corporation in the world
The Bank of America is currently the biggest and most well-known banking corporation in the world.
3. A Banking Technology Expert
The Bank of America received the highest ranking in the categories of online banking and mobile banking in 2016.
4. The largest amount of consumer deposits
According to data from March 31, 2017, consumer banking deposits at Bank of America have a net worth of $635.6 billion.
5. Trading for less than its assets are worth
Bank of America had a share price of $24.6 at the end of the first quarter of 2017.
6. In back of Golden Gate Bridge
You'll be shocked to learn that Bank of America provided the funding for this magnificent feat of engineering.
7. Financing for Disney Land.
Walt Disney helped Bank of America realise his vision by providing funding for the 1950s building of Disney Land in Anaheim, California.
8. "The Kid" by Chaplin
The Kid, Chaplin's first full-length picture, received a 250,00 dollar loan from the Bank of America in 1919.
9. The First ATM
The Bank of America installed its first ATM at its Stonestown branch in San Francisco in September 1969.
10. The first sales women
By hiring the nation's first female bond saleswoman at the beginning of the women's liberation movement, Merrill Lynch made history.