Saturday, December 22, 2012
Employees company-wide have given back to the St. Louis community by donating their time to organizations for the last 20 years.
Bank of America doesn’t just hire great employees—but dedicated volunteers. For 20 years, employees company-wide have given back to the St. Louis community by donating their time to organizations like Variety, Habitat for Humanity, St. Patrick Center, St. Louis Area Food Bank and many others. “We really promote giving back to the community and we focus on strategic volunteerism,” Bank of America spokeswoman Michelle Tucker said. “Because Bank of America has the infrastructure to support giving back, employees make decisions of what’s most meaningful.” To help support these efforts, the bank offers employees up to two hours per week paid time off to volunteer. This holiday season employees coordinated several large programs that are near-…
Saturday, November 5, 2011
Nationally, 650,000 customers and $4.5 billion have transferred from banks to credit unions since the Bank Transfer Day movement started.
Area Credit Unions already are benefitting fromBank Transfer Day, set for Saturday. “We’re getting lots of stories from credit unions seeing more than the usual increases in membership, upticks on website counts,” said Missouri Credit Union Association President and CEO Mike Beall. “Transfer Day is more like Transfer Month." Credit Union National Association officials say 650,000 new members have joined, bringing $4.5 billion to credit unions since Bank Transfer Day movement started, Beall said. Those numbers are above what is considered normal for credit unions, he added. Bank backlash Bank Transfer Day gained ground after Bank of America announced it would begin charging a $5 monthly fee for its debit card. Los Angeles gallery owner …
Friday, September 30, 2011
Bank of America will start to charge for debit card use.
Bank of America announced earlier this week that it will begin to charge its customers a debit card fee. The $5 monthly fee will be charged to clients that use their debit card to shop. The fee will be charged only if the card is used in that manner. Clients can still use their debit card to withdraw money from ATMs. This is part of a larger movement by banks and financial institutions to raise fees and increase investment on previously free services, like checking accounts. O'Fallon has three Bank of America locations.