ComplaintsBoard Banks Bank of America How bank of America steels customers money.

Bank of America review: How bank of America steels customers money.

Thomas Kojes of US

Aug 14, 2026 2:56 pm UTC

Verified customer

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Open a new account with Bank of America with intentions of opening a CD. Had a large sum of money deposit in bank with Banker Checks. Normal checks take 3 days to clear. I was told due to the amount deposited a one week hold on the money. It is their policy. I can understand that if my intentions were to take money out of the Bank. I wanted to put the money into a CD. Their policy in my opinion is for their benefit causing me to lose $280 in interest for that one week hold. CEO made 41 million last year. How many other depositors is the bank holding their money?

Recommendation: Find a better bank. Bank of America is too greedy in my opinion.

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Bank of America Contacts

Bank of America phone numbers

+1 (800) 432-1000

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English

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International

+1 (757) 677-4701

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Credit Card Issues

+1 (800) 214-6084

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Vice President Bank

+1 (312) 992-6618

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Bank of America emails

support@bankofamerica.com

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Support

Bank of America address

100 N Tryon St., Charlotte, New York, 28255, United States

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