Bank of America, National Association is headquartered in Charlotte, North Carolina. It is a national bank (chartered by the OCC), established 10/17/1904 and insured by the FDIC since 01/01/1934. At the 06/30/2026 reporting date it held $2.65 trillion in assets and $2.12 trillion in deposits across 3,829 offices.
Size
By total assets it ranks #2 of 4,213 active FDIC-insured banks in the United States. Among the 38 FDIC-insured banks headquartered in North Carolina it ranks #1.
Capital and earnings
| Equity capital | $241 billion (9.1% of assets) |
|---|---|
| Net income, year to date | $14.9 billion through 06/30/2026 |
| Return on assets (annualized) | 1.13% |
Equity capital is what the bank owns after subtracting its liabilities; a higher share of assets means a thicker cushion against losses. These are the bank’s own regulatory filings, not a rating or a recommendation.
Is it FDIC insured?
Yes. Bank of America, National Association holds FDIC certificate number 3510. Deposits are insured up to $250,000 per depositor, per insured bank, per ownership category. You can confirm this on the bank’s FDIC BankFind page.
Other large banks in North Carolina
- Truist Bank, $548 billion in assets
- First-Citizens Bank & Trust Company, $236 billion in assets
- Live Oak Banking Company, $16.0 billion in assets
- First Bank, $13.0 billion in assets
- Southern Bank and Trust Company, $5.3 billion in assets
- The Fidelity Bank, $4.7 billion in assets
Banks of a similar size
- JPMorgan Chase Bank, National Association, #1, $4.09 trillion in assets
- Citibank, National Association, #3, $1.98 trillion in assets
- Wells Fargo Bank, National Association, #4, $1.91 trillion in assets
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This page reports regulatory data only. It does not show the bank’s rates or products, which change often and are listed on the bank’s own site. bankofamerica.com