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

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

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

you should be able to request a transfer to your new account or receive a check by mail. 5. If Required, Send a Letter to Close Your Bank Account You can write a letter to your bank to close an ...

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

Is Bank of America closing bank accounts? Yes, but it isn’t a new practice. A spokesperson for Bank of America refuted claims ...

Bank of America is not only shutting down branches but also canceling inactive accounts. In this evolving banking landscape, ...

See how we rate banking products to write unbiased product reviews. Before closing a bank account, you need to ensure there are no pending transactions and remove your funds. Most national and ...

That said, there are a few things you should know before you close a checking or savings account at a bank or credit union. For You: How To Get $340 Per Year in Cash Back on Gas and Other Things ...

d3sign / Getty Images In some ways, it's easier to close a bank account, such as a savings or checking account, than to open one. You can do so by walking into your local branch, calling customer ...