BOfA (BankOfAmerica) customers were probably worried today after the Bank Of America Online Banking Website bankofamerica.com went down for a few hours. This was probably the last thing that they needed after digesting a series of bad news last week. A Bank Of America rep said that not all customers were affected.
According to CNET, the bank rep declined to say what caused the outage
“We’ve had sporadic interruption of online banking service. It doesn’t impact customer information, just the ability to access it,” she said. “We are continuing to correct the error. The site should return shortly.”
Customers were worried if this had anything to do with the recent Bank Of America purchase of troubled brokerage firm Merrill Lynch. Bank customers should make sure that they have accounts only with banks that are FDIC insured. So that if the bank goes down, the FDIC will return back your money. BankOfAmerica is FDIC insured and there is nothing to signal that BOfA is in trouble. This was just a case of technical problems that brought down the online baking website.
Related Posts- ICICI Bank Bankrupt Rumours Send Depositors Running To ATMs To Withdraw Money
The ICICI bank is India's largest private sector bank. The bank has assets worth $100 Billion. A wild rumour that ICICI Bank was going... - Citibank Bailout With $300 Billion By Federal Government Saves Citigroup From Bankruptcy Filing
The US government has decided to bailout Citigroup with a $300 billion aid package. Citigroup's share took a huge hit last week and reached price... - E-Trade launches Mobile Application To Help Customers Trade On Their RIM Blackberry
photo credit: RichieC Online brokerage firm E-Trade has launched a new mobile application called E-Trade Mobile Pro for its customers. Blackberry users were always... - Satyam Computer Services, An Indian Outsourcing Company, Banned By World Bank For Computer Security Compromisation
"I want them off the premises now" was the reaction from World Bank President Robert Zoellick, when he was informed of the security breach and...
Subscribe in a reader
{ 0 comments… add one now }