Bank of America and Other Banks Now Rejecting Damaged Dollar Bills
John
In October, U.S. banks, including Bank of America, will enforce stricter rules regarding damaged bills. This change is aimed at improving the financial system’s ...
U.S. Bank Branch Closures on the Rise—How It Impacts Customers
John
In 2024, more than 700 bank branches across the U.S. closed within the first quarter. This trend has left many communities with fewer options ...
Got a Torn Bill? Here’s What Banks Are Doing with Damaged Money Now
John
As of this month, banks and retail stores across the United States, including big names like Bank of America, Walmart, and Target, have begun ...
Bank of America Stops Accepting Damaged $1 Bills: What You Need to Know
John
Bank of America, one of the biggest banks in the U.S., recently announced a surprising change to its policy on damaged $1 bills. Starting ...
Bank Branch Closures: How They’re Affecting Customers and Why It’s Happening
John
Many banks close branches every year, and it’s becoming more common. In fact, over the past ten years, bank closures have been happening regularly, ...
