Bank of America began in 1904 as Bank of Italy. Amadeo Giannini created the bank in San Francisco to service immigrants that were denied service by other banks.
In 1930, the name Bank of America was finally adopted after a merger.
In 1956, BankAmerica was created as a holding company for Bank of America.
In 1997, Bank of America merged with NationsBank.
In recent years, Bank of America has acquired Countrywide Financial and Merrill Lynch. The company has also been under fire for taking $20 billion in government TARP money in 2009.
Bank of America is currently the second-largest bank holding company in the US. The BoA network contains over 5500 branch locations and 16,000 ATMs.