BankofAmerica

The people were very annoyed because they were not getting access to their online account on bankofamerica.com. The customers of the bank of America were very angry yesterday because bankofamerica.com was down preventing the customers of the bank from doing online banking. The bankofamerica.com stayed down for many hours and the customers of the bank did not get access to their accounts.

The reasons behind it could not be known but there must have been some sort of errors in the servers of the website. The bankofamerica.com is a very congested site and people from all around the country visit the website and manage their online accounts, but thousands of people were affected and no one could do anything on his/her account.

The ATM system of the bank of working normally and the people went to the local ATM machines to get any amount they needed. The website did manage to get to its ATM machines nationwide and run them successfully. After five pm the website began to open but still a lot of people could not access their accounts and the restoring of the website like this meant nothing for the people who could not access their accounts. After the website was restored it was still running slow than normal and accessing the accounts was not very easy. The bank is updating its customers on its twitter account you may follow them on Twitter to stay updated about the website or you can also call the bank’s helpline services that are open 24 hours a day.

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Bank Of America Online Banking

Bank of America customers were without their online banking service for at least four hours on Friday.  This came due to a glitch involving the BankofAmerica.com website.  With online banking services down, the BAC stock seemed unaffected though.

According to MyFox8.com, the Bank of America banking service suffered an outage on Friday due to a "temporary system" issue.  There was no specific reason given as for the bank website's down time though.  Customers were unable to access the website for over three-and-a-half hours on Friday August 27, 2010.

Bank of America is based out of Charlotte, North Carolina.  Service was finally brought back after 5:15 PM EST, after the outage had started around 1:25PM EST.  This particular Bank of America online banking glitch only affected the only account access, but did not affect any BOA ATMs or banks.

It's been reported that service is back for the banking website, but due to volume customers may still experience slow load times or trouble logging in.  At the close of the stock market on Friday, Bank of America stock (BAC) had traded up by .17, and was up 0.04 in after hours trading.

Glitches like this can be costly for both customers and banks.  Many people enjoy using online banking services from the comfort of their own home so when a glitch takes the service offline for hours, it hurts.  There's also been plenty of customers not happy with the Bank of America service in general, especially during the financial implosion that occurred within the past several years.  Bank of America is still considered a top bank stock despite today's four hour outage, so it probably won't shut down too many investors.

However, even though BAC stock seems unaffected, the Bank of America banking service is still questionable.  Could this latest glitch make more customers move to other banks with more secure online services and less fees?

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