Bank of America widens lead in deposits

December 2008
Las Vegas Business Press (10712186);12/15/2008, Vol. 25 Issue 50, pP19
The article reports on the increase in deposits of Bank of America in Nevada in 2008. The bank has a total of $9.55 billion in deposits as of June 30, 2008. It states that Bank of America accounted for almost one of every four dollars deposited in the state of Nevada, according to data compiled by SNL Financial. It discusses the safety and convenience being offered by Bank of America to its customers.


Related Articles

  • Banks Close 390 U.S. Branches in 3Q.  // Banking Strategies Daily;11/12/2013, p1 

    the article offers information on a study conducted by industry data firm SNL Financial LC in the U.S. which revealed that the banks have shuttered a total of 390 branches in the third quarter in 2013 due to increase in use of online banking on mobile devices by the bank customers. It informs...

  • Retail deposit growth by MSA. McCune, John // ABA Banking Journal;Dec2007, Vol. 99 Issue 12, p12 

    The article reports that SNL Financial has taken a look at the growth in retail deposits in the ten fastest growing Metropolitan Statistical Areas (MSAs), and the ten largest MSAs in the U.S., using the Federal Deposit Insurance Corp. (FDIC) Summary of Deposit information as a basis. To put the...

  • High number of community banks remain undercapitalized, data show. SIEROTY, CHRIS // Las Vegas Business Press (10712186);9/5/2011, Vol. 28 Issue 36, p17 

    The article reports on the second-quarter 2011 regulatory data compiled by SNL Financial which showed that the number of undercapitalized community banks, which include Bank of Las Vegas and First Security Bank of Nevada, remain high despite the continued active pace of bank closures.

  • ANALYST FORUM.  // Bank Director;2014 1st Quarter, Vol. 24 Issue 1, p12 

    An industry report of the U.S. banking industry as of 2013 is presented from banking company SNL Financial and publisher Bank Director, with topics including market intelligence, bank profitability for the 3rd quarter, and branch closures across the U.S.

  • Big 3 Deposit Share Approaches 33%. Ackermann, Matt // American Banker;10/28/2008, Vol. 173 Issue 208, p16 

    This article reports that the financial business intelligence company SNL Financial released data on October 27, 2008 suggesting that the three largest U.S. banks control a third of the retail market share in the nation. These banks are Banks of America Corp., Wells Fargo & Co., and JPMorgan...

  • Local Deposit Gains Moderate for Banks, Way Up for S&Ls. Cassachia, Chris // Orange County Business Journal;2/21/2011, Vol. 34 Issue 8, p18 

    The article reports that 30 commercial banks in Orange County, California are experiencing an increase in deposits. It indicates that top commercial banks reached 65.5 dollars billion in deposits. Moreover, it states the Bank of America Corp. got the highest rank with 16.2 billion dollars in...

  • Cap Snapshot: B of A Share Dips; Wells Up . Cantor, Douglas // American Banker;7/8/2003, Vol. 168 Issue 129, p1 

    Bank of America Corp. continues to gain breathing room under the deposit cap that the U.S. Congress adopted in 1994 to prevent any one company from controlling more than 10% of the national market. Bank of America's share of the national deposit market peaked in 1998 at 8.1% after it was created...

  • Number of bank branches declining.  // North Western Financial Review;12/15/2012, Vol. 197 Issue 24, p22 

    The article focuses on a report of SNL Financial SL which says that the banks in the Midwest of the U.S. have closed 51 of their branches which is more than the branches opened in the third quarter of 2012.

  • Banks' 2Q Was Second Most Profitable in Two Decades: SNL. Nemeroff, Evan // American Banker;8/13/2014, Vol. 179 Issue 125, p2 

    The article presents figures from the financial-data aggregator SNL Financial that show that the second quarter of 2014 was the most profitable quarter for U.S. banks since at least 1991.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics