Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.

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With the goal of driving economic mobility and social progress, Bank of America is awarding grants totaling more than $2 million to 57 Maryland nonprofits.

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The numbers tell the story of how banking in Maryland has changed. At the turn of the century 20 years ago, there were 142 banks headquartered in the state. Today? Maryland is down to 38 banks headquartered here, according to ...

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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. ...

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

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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 ...

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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 ...

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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 ...

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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.

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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 ...

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