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  • I'm perfectly OK with the actual folks in this branch - they do the best they can, but they're chained to the "anchor" that is their corporate culture. I received a letter dated June 15, 2017 yesterday (June 19) stating that BOA was shutting down my business banking account in 30 days (with restrictions to the account starting in 21 days). The letter states that there is no recourse, and that no reason for this closure will be given. The folks at the local branch I've dealt with were unable to shed any light on the reasons for this. I've never, ever had any financial problems with my account, which is tied to my 22 year old business with a stellar financial history. The letter states that I can call in to an automated phone line and leave a message, but that BOA won't reconsider closing my account. If you're a small business owner looking for a bank, keep moving along... this isn't the place you want to trust to be there for you. I've never, ever seen anything like this... unable to even ask why they want to shut down my account.
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