Bank of America Boise Idaho: Your Ultimate Guide to Banking Services, Locations, and More

Are you looking for a reliable bank in Boise, Idaho? If so, Bank of America might be the perfect choice for you. With its long-standing reputation as one of the most trusted banks in the United States, Bank of America offers an array of financial products and services that cater to the needs of both individual and business customers. In this comprehensive guide, we will explore everything you need to know about Bank of America Boise Idaho including its history, banking services, locations, hours of operation, contact information, and more.

Bank of America Boise Idaho: Your Ultimate Guide to Banking Services, Locations, and More

History of Bank of America Boise Idaho

Bank of America has a rich history that dates back to 1904 when it was founded as Bank of Italy by Amadeo Giannini. The bank changed its name to Bank of America in 1930 after merging with other banks across the country. Today, it is one of the largest banks in the world with branches located in every state in the US as well as several other countries.

Bank of America first entered the Idaho market through its acquisition of Security Pacific National Bank in 1992 which had already been operating in Boise since 1985. Since then it has expanded considerably within and outside Idaho providing various financial products ranging from loans and credit cards to checking accounts and investment management services.

Banking Services Offered by Bank of America Boise Idaho

Banking services offered by Bank Of America Boise Idaho are quite extensive compared to other financial institutions within this region. These include:

Personal Banking

Choosing a personal banking experience at BOFA has several perks for individuals looking for quality banking experiences such as:

  • Checking Accounts – Individuals have access to various checking account options depending on their specific needs.
  • Savings Accounts – BOFA offers saving account alternatives that allow individuals earn interest on their money while keeping it safe.
  • Credit Cards – Both personal and business credit cards with various rewards options are obtainable.
  • Online Banking – Account holders can access their accounts through BOFA’s online banking platform and mobile app for convenience.

Business Banking

Bank of America Boise Idaho satisfies both small-scale and medium size business financing needs, some of the services offered include:

  • Checking Accounts – Small businesses have access to checking accounts that come with low transaction fees and money-saving features.
  • Merchant Services – BOFA Boise Idaho provides merchant services, such as card processing, ecommerce integration, and more
  • Business Loans – Bank of America offers several business loan packages tailored to the unique needs of each business.
  • Treasury Management Services – For medium-sized businesses, BOFA provides treasury management solutions that simplify their financial operations.

Wealth Management

Individuals seeking wealth management or investment advice will find a range of solutions at Bank Of America Boise Idaho such as:

  • Investment Services – BOFA provides investment opportunities including brokerages services and various mutual fund options. They also offer investment advisory services.
  • Retirement Planning – Individuals may benefit from different retirement planning strategies such as annuities, Roth IRAs among others
  • Personal Trusts & Endowments – Trusts are becoming increasingly important in estate planning; clients in need can trust Bank of American for quality portfolio management.

Locations, Hours of Operation, and Contact Information

Bank Of America has over 4,300 branches located across the US; approximately 7 branches are located around Boise Idaho Center area. Their working hours may vary depending on location but generally operate from Monday to Friday between 9 AM -5 PM. Some branches have extended hours up to 6 or 7 pm on weekdays while several also open on Saturdays mostly between 9 AM to 1 PM. Clients should verify the operational hours with their respective branch beforehand.

Below is a list of specific branches around the Boise ID area with their contact information in case inquiries arise.

Branch Name Street Address Phone Number
Broadway-Boise Branch 1288 South Broadway Avenue, Boise, ID 83706 (208) 345-5200
Boise Hill Road Branch 7045 West Emerald St., Boise, ID 83704 (208) 383-7601
Parkcenter Boulevard Branch 977 East Parkcentre Boulevard, Boise, ID 83706 (208) 338-3401
Ustick and Five Mile Branch 10512 West Ustick Road, Boise, ID 83704 (208) 375-2332
Federal Way and Amity Branch 2023 South Federal Way, Boise, ID 83705 (208) 367-1066

Conclusion

In conclusion, choosing Bank of America Boise Idaho as your preferred banking partner provides various benefits. With a long-standing reputation for excellence in the United States financial industry coupled with its extensive range of financial solutions for both personal and business clients, BOFA’s services are unmatched. Its plentiful branch locations make access to their services convenient to the people in the city. We hope this guide has provided you with helpful information on what BOFA offers its clients in this region so that you can decide if Bank Of America is the right choice for you.

FAQs

What are the banking services offered by Bank of America in Boise, Idaho?

Bank of America in Boise, Idaho offers a range of banking services such as personal checking and savings accounts, business banking, credit cards, mortgages, loans, investments, and more.

How can I open a Bank of America account in Boise?

You can sign up for a new account online or visit the nearest branch of Bank of America in Boise to start the process. Make sure you have all the required documents such as your ID proof and personal details handy.

Does Bank of America offer mobile banking services in Boise?

Yes, Bank of America offers mobile banking services that allow you to check balances, transfer funds between accounts, pay bills, view statements and deposit checks using your smartphone or tablet.

What is the minimum balance requirement for opening a personal checking account at Bank of America in Boise?

The minimum balance requirement for opening a personal checking account at Bank of America in Boise varies depending on the type of account you choose. However, some accounts have no minimum balance requirement at all.

Is there any fee for using an ATM outside the network of Bank of America in Boise?

Yes, if you use an ATM outside the network of Bank of America in Boise to withdraw cash or make transactions, you may be charged a fee by both your own bank and the ATM operator. However, some types of accounts may offer free out-of-network ATM transactions.

Can I apply for a mortgage with Bank of America in Boise?

Yes, you can apply for a mortgage with Bank of America in Boise either online or by visiting a local branch. The bank offers various types of mortgages such as fixed-rate mortgages, adjustable-rate mortgages (ARMs), FHA loans and VA loans.

Does Bank of America in Boise offer investment advisory services?

Yes, Bank of America offers investment advisory services through its wealth management division. You can get advice on retirement planning, college savings, estate planning and more from a team of experienced financial advisors.

How can I find the nearest Bank of America branch in Boise?

You can find the nearest Bank of America branch in Boise by visiting their website or using their mobile app. Alternatively, you can search for bank locations on Google Maps or other mapping apps to locate the nearest branch.

What are the advantages of having a business account with Bank of America in Boise?

Apart from standard banking services, a business account with Bank of America in Boise comes with benefits such as cash management solutions, merchant services, payroll processing and access to business credit lines. Additionally, you get personalized support from a dedicated team of small business bankers.

Is it safe to use online banking services offered by Bank of America in Boise?

Yes, using online banking services is safe as long as you take precautions such as not sharing your login information and using strong passwords. Additionally, Bank of America uses encryption technology to protect your data and has fraud detection and prevention measures in place to safeguard your account.

Leave a Comment