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As part of its new strategy Bank of America is focused on growing its mobile banking platform. As of 2014, Bank of America has 31 million active online users and 16 million mobile users. Its retail banking branches have decreased to 4,900 as a result of increased mobile banking use and a decline in customer branch visits.
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As you would expect, Bank of America offers many modern-day banking conveniences like a phone app, online banking, and mobile deposits.
List of largest banks in the United States. The following table lists the 100 largest bank holding companies in the United States ranked by total assets of December 31, 2023 per the Federal Financial Institutions Examination Council; their market capitalization is also shown.
Bank of America Advantage Banking. Bank of America offers Bill Pay, which allows you to set up payments through the Bank of America app or online banking — and keep track of...
In 2001, Bank of America became the first bank to top 3 million online banking customers, more than 20% of its customer base. In comparison, larger national institutions, such as Citigroup claimed 2.2 million online relationships globally, while J.P. Morgan Chase estimated it had more than 750,000 online banking customers.