Bank of America plans to set the minimum wage for all positions at the company to $25 an hour by 2025. It would be the highest minimum wage paid by a big bank and could pressure rivals to follow suit. ...

Tagged with: Bank of America minimum wage

A federal discrimination lawsuit says Bank of America treats foreclosed homes in white communities better than those in minority communities.

Tagged with: Bank of America U.S. District Court in Greenbelt

Bank of America is adding 600 new jobs to its Hunt Valley complex in Baltimore County. The new jobs will primarily be call center and support positions. Bank of America, according to Baltimore County, intends to employ 1,500 people in ...

Tagged with: Baltimore County Bank of America jobs

In the wake of last year’s sweeping tax legislation, multiple large banks operating in Maryland have made commitments to increase salaries or pay out bonuses to employees. Five of Maryland’s largest banks accounting for more than half of the market ...

Tagged with: Bank of America BB&T Bank M&T Bank PNC Bank SunTrust Bank tax cuts wells fargo

The merger of two nonprofits that promote financial opportunities for low-income residents has been kick-started with a $200,000 funding grant. The CASH (Creating Assets, Savings & Hope) Campaign of Maryland was recognized as a 2017 Neighborhood Builder by Bank of ...

Tagged with: Bank of America CASH Campaign of Maryland

Former realestate company owner must pay about $1.4 million to the bank he lied to in getting a loan to buy land in St. Michaels, a U.S. appeals court rules.

Tagged with: 4th U.S. Circuit Court of Appeals Bank of America Countrywide Bank Mandatory Victims Restitution Act

The Mount Airy Bank of America branch, which has seen deposits increase by 124 percent since opening a decade ago, is for sale. The single tenant retail property, at 1 E. Ridgeville Blvd., exceeded $91 million last June, and the ...

Tagged with: Bank of America

When your ATM card doesn’t work, instead of calling your bank and laboring  through seemingly endless instrumental music while on hold, imagine posting a comment on its Facebook page and someone attending to your problem. As more and more banks ...

Tagged with: 1st Mariner Bank Bank of America facebook M&T Bank social media twitter

Dunbar Armored Inc. will be laying off 100 employees next month, but the majority of the affected personnel won’t have to go far to find a new job. The layoffs will come at Dunbar’s White Marsh location at 4983 Mercantile ...

Tagged with: Bank of America layoffs

The Federal Reserve has ordered Bank of America to revise its plans for increasing dividends or buying back stock, saying there are gaps in its risk planning. The Fed announced the decision Wednesday as part of its “stress tests” — ...

Tagged with: Bank of America federal reserve