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BY - KAMLESH VERMA

Amazing Facts About Bank of America

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– The first ATM by The Bank Of America was built in San Francisco at the Stonestown branch during the September of 1969.

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– Bank of America has invested hundreds of millions of dollars in the development of Hollywood. With his money in 1939, the film Gone With the Wind was shot.

– The heirs of Giannini after his death belonged to 1/200 of the shares of the financial empire. 40% of the shares were in the hands of employees of the company.

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– You can earn from 0.01 to 0.8% per annum on the deposit account of this bank - it all depends on the size and term of the deposit. For customers there is the possibility of remote opening an account.

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– The total balance of funds in customer accounts at Bank of America reached $2.5 trillion in 2018. For the convenience of its customers and the automation of banking operations, the bank has 16 thousand ATMs.

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– Founder of Bank of America, relatives and friends simply called AP - short for Amadeo Peter Giannini. All his life he lived in a house bought as a young man, and in his wardrobe there were 4 far from new suits and 3 pairs of shoes.

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– As of March 31, 2017, Bank of America has $635.6 billion in consumer banking deposits, giving it the No. 1 U.S. retail deposit market share. What's more, this figure is increasing rapidly. Over the past year alone, Bank of America's retail deposit base has grown by 10%.

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– It was during the times when the women were not allowed to vote and when they barely stepped outside their houses to earn their bread and butter, Merrill Lynch created history in the offset of the years when women’s liberation movement had just commenced, by recruiting America’s first bond saleslady.

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– An old client and the solicitor for The Bank of The Metropolis, Bank of America’s heritage bank, Francis Scott Key’s popular composition, that subsequently became America’s national anthem and the structure that housed the bank were results of incredible conquests over British strikes when the War of 1812 was in progress.