[nilesh]

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Hi buddy here I am looking for info related to BOA (Bank of America ) Service member's Civil Relief Act (SCRA) , so would you plz let me know about the same ,as my cousin asking me for the same ??

[Vishal Kotkar]

Bank of America Corporation (BOA) is a multinational banking and financial services corporation headquartered in Charlotte, North Carolina, United States.

As you asking I am telling Servicemember's Civil Relief Act (SCRA) provides protections for individuals who are entering the service, called to active duty in the military or deployed servicemembers. The SCRA is intended to postpone or suspend certain civil obligations—many of them financial—so servicemembers can devote full attention to their duties while their family members experience less stress.

Bank profile:

Type Public

Traded as NYSE: BAC

S&P 100 component

S&P 500 component

ISIN US0605051046

Industry Banking, Financial services

Predecessor Bank America

NationsBank

Founded October 17, 1904; 113 years ago (as Bank of Italy)

February 1930; 87 years ago (as Bank of America)

October 2000; 17 years ago (current)

Founder Amadeo Giannini

Headquarters Charlotte, North Carolina, U.S.

Number of locations 4,600 retail financial centers & approximately 15,900 automated teller
machines

Area served Worldwide

Key people Brian Moynihan

(Chairman and CEO)

Products Consumer banking, corporate banking, insurance, investment banking, mortgage
loans, private banking, private equity, wealth management, credit cards,

Revenue US$89.701 billion (2016)

Net income US$17.906 billion (2016)

AUM US$886.148 billion (2016)

Total assets US$2.187 trillion (2016)

Total equity US$266.84 billion (2016)

Number of employees 208,000 (2016)

Divisions Bank of America Home Loans, Bank of America Merrill Lynch

Subsidiaries Merrill Lynch

Merrill Edge

U.S. Trust

Capital ratio 10.8% (2016)

Rating Long Term Senior

Moody's: Baa1 (10/2016)

S&P: BBB+ (10/2016)

Fitch: A (10/2016)