Bank

More than 24,000 customers affected by a data breach at a popular US multi-million dollar bank

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Bank of America exterior signage and red-blue logo displayed on the facade of a downtown financial branch

A worrying development for customers seeking secure banking. Bank of America, the second-largest US bank by total assets, has acknowledged a significant data breach after sensitive documents went missing while being transported. The incident has left many account holders concerned about the safety of their Social Security numbers, addresses, and other personal information, highlighting the … Read more

Say goodbye to your Wells Fargo bank account: Massive April closures announced

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Exterior of a Wells Fargo branch in the United States, illustrating the bank’s upcoming account closures

If You’re ignoring your bank account, you might be in for a surprise. Wells Fargo, one of the largest banks in the United States, has sent shockwaves through its customers by confirming the closure of accounts left inactive for more than 16 consecutive months. This announcement could affect thousands of account holders who rarely move … Read more

Bank of America continues closure wave in 2025: What it means for your local branch

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Bank of America skyscraper logo with a large ‘CLOSED’ stamp on top

Bank of America, the second largest bank in the U.S., is pressing on with branch closures well beyond March 2025. Many communities fear losing face-to-face service, while employees wonder about their job security. After closing five branches at the start of March, Bank of America has announced additional shutdowns in numerous states. This plan, which … Read more