What is the Bank of America National Association?
Bank of America, National Association (commonly referred to as Bank of America N.A.) is the primary national bank legal operating entity and principal banking subsidiary of Bank of America Corporation. Headquartered in Charlotte, North Carolina, this federally chartered institution holds the vast majority of the corporation's domestic consumer deposit accounts, commercial lending portfolios, and retail branch networks across the United States.
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U.S. Bank National Association represents the exact same legal banking entity and primary operational charter utilized universally by U.S. Bank and its parent holding corporation, U.S. Bancorp.
Yes, Bank of America National Association, commonly styled as Bank of America, N.A., is the primary legal banking entity and principal subsidiary of the broader Bank of America Corporation.
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