What could happen to your account if a local Bank of America branch closes ? Bank of America branches are closing This trend is more visible during the holiday season So what do you do if your local bank closes?
Will your account be closed?
Will you get your money back in your account?
Will the money go into your account?
How do you get your money back into your account?
If all these questions come in your mind, then I say you have no reason to worry Your account money will remain in your account Your account money will not go to any other account Your account will not be closed You have online banking, mobile banking, ATMs and customer service centersYou can continue your account from |Currently, it appears that many customers still prefer alternative services instead of going to the bank in person. About 78% of US adults prefer online services.
Along with online services, Bank of America has established various customer service centers. If customers want, they can go to the customer service center and avail the service. Customers who are younger, prefer online services more. But nowadays adults prefer online banking, mobile banking, ATMs, customer service centers.
If a bank closes or intends to close a branch in the US, the bank must notify the Office of the Comptroller of the Currency (occ) at least 90 days before closing the branch. Along with this, a notice about bank closure should be printed in a local weekly newspaper.
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