Posted by:
tigers9
at Wed May 30 14:13:56 2007 [ Email Message ] [ Show All Posts by tigers9 ]
BOFA (bank of america)account holders need to complain to their bank NOW, this explains how they/HSUS can have so much money, they have all these credit card programs. Z
From HSUS website:
http://www.hsus.org/shop/hsus_checking_a_new_way_to.html
HSUS Checking: A New Way to Make a Difference
Now having a checking account can make a difference. Open a new HSUS Bank of America checking account and celebrate your love of animals with every purchase you make using your HSUS Bank of America VISA® Check Card.* "This is a great way to support the work of The Humane Society of the United States. When you open your account, and each time you make an eligible purchase with your Bank of America VISA check card, you'll support our mission to combat animal cruelty and care for animals in need," says Wayne Pacelle, President and CEO of The HSUS."** HSUS VISA check card So now you really can make every purchase matter whether it is groceries, gas, home electronics, toys, pet food, airline tickets, or even that well-deserved latte. *You will receive a VISA Platinum Check Card when you open your account. In Spring 2007, you will receive a customized HSUS VISA Check Card. **Bank of America will pay The HSUS for each new checking account and every year on the anniversary of enrollment, as well as .10% on eligible net puchases with your HSUS VISA Check Card, at no additional cost to you.
BOFA press from last year: http://newsroom.bankofamerica.com/index.php?s=press_releases&item=7600
Bank of America Introduces New Affinity Banking Products
New Offering Creates Added Value for Partners and Consumers
CHARLOTTE, N.C., Nov. 15 /PRNewswire/ -- Just 10 months after its acquisition of MBNA, today, Bank of America announced the launch of affinity banking. The game-changing innovation marks the first time in financial services a bank offers a broad complement of financial services to partner organizations whose members share a strong common interest or passion -- such as their college or university, favorite cause, or professional affiliation. The model was created by the former MBNA organization 25 years ago, however the monoline business was largely focused on credit cards. In addition to credit card, affinity banking will include deposit and home equity products.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b)
"Over the years, we have cultivated affinity partnerships with thousands of organizations and are now able to create added value for affinity partners and customers," said Bruce Hammonds, president of Bank of America Card Services. "Bank of America's size and scale will help maximize relationships and revenue for our affinity partners by providing their members with a full range of financial products and services."
With the new offering, the bank intends to build a new consumer credit and deposit continuum and further fuel customer preference and loyalty. Bank of America customers can further support the organizations for which they are most passionate through their lines of credit and everyday checking and debit card transactions.
The following organizations, representing nearly 10 million members, are the first to sign agreements with Bank of America to offer affinity deposit and/or home equity products and services:
- American Quarter Horse Association - Brown Alumni Association - The District of Columbia Bar - Defenders of Wildlife - Habitat for Humanity International - The Humane Society of the U.S. - The Medical Society of the State of New York - New York State Bar Association - National Trust for Historic Preservation - National Wildlife Federation - National Wild Turkey Federation - The University of Arizona Alumni Association The affinity deposit product package includes the following benefits for customers:
- Choice of checking account and savings account with Keep the Change™ - Special Affinity Advantage/Prime rates on CDs, IRAs and money market accounts - Affinity name/logo on checks and statements - Customized check card with affinity organization's logo (available in Q1 2007) Beginning November 20, 2006, the new deposit products will be marketed to participating organization members and supporters online at group Web sites, and will be available at select banking centers in Dallas/Ft. Worth, Arkansas, Chicago, Southeastern Pennsylvania, New York City, Riverside and North Orange County, California. Affinity banking products are planned to roll out to banking centers nationwide in Q1 2007, and will include a greater number of partners as they are added throughout the year.
"January marks the one year anniversary of the Bank of America-MBNA merger and these new offerings demonstrate the power of that union," said Cathy Kenworthy, Deposits and Debit Products executive at Bank of America. "Now customers can deepen the passion they have for their favorite organization with competitive checking and savings products that also help them achieve their financial goals."
"Tens of thousands of supporters currently hold The Humane Society of the United States' affinity credit card, and that is a direct testament to the quality and value of the program," said Steve Putnam, VP Corporate Relations of The Humane Society of the U.S. "We couldn't ask for a better partner who cares more about the success of our program. The HSUS is extremely excited to begin offering our supporters additional affinity products from Bank of America that will help us expand our animal protection efforts."
Bank of America
Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving more than 55 million consumer and small business relationships with more than 5,700 retail banking offices, nearly 17,000 ATMs and award-winning online banking with more than 20 million active users. Bank of America is the No. 1 overall Small Business Administration (SBA) lender in the United States and the No. 1 SBA lender to minority-owned small businesses. The company serves clients in 175 countries and has relationships with 98 percent of the U.S. Fortune 500 companies and 80 percent of the Global Fortune 500. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
Keep the Change Program
Keep the Change is an innovative savings program from Bank of America that recently marked its one year anniversary with over 3 million customers (including 1.3MM new Checking Customers and an additional 1.8MM new savings accounts) program since its launch. Over $200 million have been saved by consumers nationwide effortlessly. The program is simple. With every purchase made by a Bank of America Visa® Check Card, the bank automatically rounds up amount to the nearest whole dollar and the difference is transferred from their checking account into their savings account at the end of each day. Bank of America matches 100 percent of the Keep the Change transfers for the first three months of enrollment and matches five percent thereafter, up to $250 paid annually.
Photo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
SOURCE: Bank of America
CONTACT: Betsy Weinberger of Bank of America, 1-704-387-7376, or betsy.weinberger@bankofamerica.com
Web site: http://www.bankofamerica.com/
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