No. In my opinion, the bigger the bank, the worse they are. The smaller, the better. I use a small hometown bank, because I know them by their first name, and they know me by my first name as well. Because familiarity equals fine service. That includes waiving some annoying fees, because they can do it on a case-by-case basis. It's best to shop around.
It sure is.. The company held 12.2% of all bank deposits in the United States in August 2009 and is one of the Big Four banks in the United States, along with Citigroup, JPMorgan Chase and Wells Fargo—its main competitors. Bank of America operates in all 50 states of the U.S., the District of Columbia and more than 40 other countries. It has a retail banking footprint that covers approximately 80 percent of the U.S. population and serves approximately 57 million consumer and small business relationships at 5,600 banking centers and 16,200 automated teller machines (ATMs).