Bank of America Corp., the nation's second-largest bank, said Friday that it had corrected a glitch that caused payroll checks and other direct deposit items for an unspecified number of customers to ...

See Bank of America’s regular hours and 2025 holiday closures. Learn when your local branches close and how to access digital ...

Most Americans now choose to receive their paychecks by direct deposit, as opposed to the antiquated paper checks of income past. With the conveniences and benefits of electronic deposits along with ...

Direct deposit is an electronic payment method banks use to transfer money directly into your account. Most employers use direct deposit for payroll, which helps ensure timely and secure payments.

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...